What is the registered annual rent for a studio in Palace Tower T2?

The median new annual rent is AED 40,054, from 98 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Palace Tower T2 risen or fallen?

The median new annual rent changed +0.1% in the trailing 12 months against the previous 12, using 98 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Palace Tower T2 pay more than sitting ones?

A new tenant pays +8.3% against a renewing one, across 68 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Palace Tower T2?

24 sales were registered with the Dubai Land Department in the last 12 months, alongside 98 Ejari rental contracts. Every median on this page rests on those counts.

What is the rental yield in Palace Tower T2?

Palace Tower T2 returns 9.4% gross: a median new-contract rent of AED 40,054 a year (98 Ejari contracts in 12 months) over a price benchmark of AED 426,500 (median of 24 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

Ejari leases to 12 Oct 2026

Palace Tower T2 rents

144 new leases and 98 renewals in 12 months
424 units
Dubai Silicon Oasis

A studio here leases for about AED 40,054 a year, 5% below the typical Dubai Silicon Oasis studio. New tenants pay more than renewing ones, who pay AED 37,000.

Studio · typical new lease

40,054AEDa year

AED 97/sqft · +0.1% on a year

A month, roughly: AED 3,338
Renewal: AED 37,000
vs Dubai Silicon Oasis studio: 5% below the median
New leases, 12 months: 98

Ask an agent about this rent

Buying instead? Palace Tower T2 sale prices →

What should a lease in Palace Tower T2 cost?A studio leases for about AED 40,054 a year; new tenants pay 8.3% more than renewing ones

Type	New lease	vs Dubai Silicon Oasis	Leases
Studiomost leased	40,05497/sqft	37,00068 renewals	5% lesstypical 42,000	98
1 bed	55,00068/sqft	53,00018 renewals	6% lesstypical 58,500	28
2 bed	75,00076/sqft	65,80712 renewals	12% lesstypical 85,000	18

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Silicon Oasis median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs about the same as a year earlier: AED 40,054 against 40,000.

Median annual rent by year, Studio, with fainter bars resting on fewer contracts. Too few monthly records in Palace Tower T2 to draw an honest monthly line.

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

About Palace Tower T2A 27-floor tower in Dubai Silicon Oasis, an 18-minute drive from DIFC

Palace Tower T2 is an apartment building completed in 2009 in Dubai Silicon Oasis with 1 registered units. 242 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 16.70/sqft a year
Floors: 27

Drive times · typical

Downtown: 22 min · 20 km
DXB Airport: 18 min · 21 km
DIFC: 18 min · 21 km
Dubai Marina: 28 min · 35 km
Palm Jumeirah: 34 min · 39 km

Nearest, as registered

Landmark: IMG World Adventures

Letting a unit in Palace Tower T2?New tenants pay more than renewing ones

New tenant vs renewal: +6.3%; New leases AED 42,500, renewals 40,000, all types

Ejari leases to 12 Oct 2026

Thinking of selling? Palace Tower T2 sale prices →

Comparables in Dubai Silicon Oasis

Every Dubai Silicon Oasis building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Palace Tower T2 places 11th of 65; the nearest 8 are shown.

Rank	Building	Median rent	12-month change	Contracts
7	Silicon Gate 2	AED 48,000	90+2.9%	+11.6%	46
8	Pearls by vision	AED 84,500	89+1.8%	+5.6%	58
9	La Vista 6	AED 65,000	89+1.6%	+8.3%	18
10	Arabian Gate	AED 52,500	89+1.6%	+9.4%	218
11	Palace Tower T2 · this building	AED 42,500	87	-1.2%	144
12	Binghatti Stars	AED 50,000	87-0.3%	0.0%	121
13	Lynx Residence	AED 48,000	87-0.4%	+3.5%	47
14	OASIZ 2 by Danube	AED 47,027	87-0.5%	+2.2%	16
15	The Imperial	AED 44,100	86-1.6%	+7.3%	51

Rank 1 is the dearest per square foot. Differences are against Palace Tower T2.

At studio, Palace Tower T2 ranks 11th of 26 by rent per square foot and 7th of 18 by gross yield in Dubai Silicon Oasis.

Market context in Dubai Silicon Oasis

Registered sales activity

1,110 ready apartment sales in the 12 months to 2026-10-12.

+11.5% in median AED/sqft versus the preceding year, supported by 1,110 current and 1,365 prior price observations.

Explore sales activity

Planned apartment projects

238 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

2 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,069 apartments are planned in Dubai Silicon Oasis from 2026 to 2028, equal to 20% of the 15,328 homes let there today.

Ready prices per sqft fell in 7% of 55 buildings (counted once per bedroom type) in Dubai Silicon Oasis with sales in both years; the typical one moved +8.7%.

New-lease rents fell in 24% of 76 buildings (counted once per bedroom type) with leases in both years; the typical one moved +0.9%.

How these are counted

Find service-charge budget evidence for Palace Tower T2

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Dubai Silicon Oasis

Every building in Dubai Silicon Oasis →

Prices per sq ft around Palace Tower T2, on the map

Pills show median annual rent, AED. 61 buildings pinned from Google place records and Apple geocoding · Palace Tower T2 is the inverted pinOpen in Apple Maps

Silicon Gates 1

Dubai Silicon Oasis · 375 contracts, 12 months

51,000

AED a year median · 83/sqft

Arabian Gate

Dubai Silicon Oasis · 218 contracts, 12 months

52,500

AED a year median · 89/sqft

Binghatti Stars

Dubai Silicon Oasis · 121 contracts, 12 months

50,000

AED a year median · 87/sqft

Silicon Gates 4

Dubai Silicon Oasis · 114 contracts, 12 months

42,000

AED a year median · 106/sqft

Ask about Palace Tower T2

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

Common questions

What is the registered annual rent for a studio in Palace Tower T2?: The median new annual rent is AED 40,054, from 98 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Palace Tower T2 risen or fallen?: The median new annual rent changed +0.1% in the trailing 12 months against the previous 12, using 98 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Palace Tower T2 pay more than sitting ones?: A new tenant pays +8.3% against a renewing one, across 68 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Palace Tower T2?: 24 sales were registered with the Dubai Land Department in the last 12 months, alongside 98 Ejari rental contracts. Every median on this page rests on those counts.
What is the rental yield in Palace Tower T2?: Palace Tower T2 returns 9.4% gross: a median new-contract rent of AED 40,054 a year (98 Ejari contracts in 12 months) over a price benchmark of AED 426,500 (median of 24 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

For agents

Send this page to a client as a branded report

Create client report

Palace Tower T2 rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 98 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /rent/apartments/dubai/dubai-silicon-oasis/palace-tower-t2
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Palace Tower T2 rents and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-silicon-oasis/palace-tower-t2

Stable dataJSON