What is the rental yield in Palace Tower T2?

Palace Tower T2 returns 9.58% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 206 rental contracts registered in the last 24 months.

How much does a studio in Palace Tower T2 cost?

The median registered sale price is AED 407,000 (935 AED/sqft), from 59 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Palace Tower T2 selling for right now?

Registered sales of ready units in Palace Tower T2 over the last 3 months have a median of 969 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Palace Tower T2 risen or fallen?

Median price per square foot moved +6.7% over the last 12 months against the 12 before it, on 59 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Palace Tower T2 compare with Dubai Silicon Oasis?

Its 9.58% gross yield sits +0.5 pts against the Dubai Silicon Oasis median of 9.09%, computed at the same bedroom grain over the same 24-month window.

Palace Tower T2 — sale prices & yield | Dubai Silicon Oasis, Dubai

Buy: 407,000AED; AED 969/sqft
Long-let: 9.58%; AED 40,000/yr

Price per sqft: Median of 7 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 7 sales in the last 3 months.

Yield spread: +0.5 pts; vs the Dubai Silicon Oasis median for this unit type
Turnover upside: +16.6%; new tenants pay more than sitting ones — 141 renewals
AED/yr/sqft: AED 93
Sales: 59
Rental contracts: 206
Renewal rent: AED 34,303/yr

12 months: +6.7%
3 years: +40.3%+11.9%/yr
5 years: +79.2%+12.4%/yr

Based on 59 sales and 206 rental contracts in the last 24 months. Rental data covers the whole Palace Tower project, not this tower alone.

Palace Tower T2 is an apartment building in Dubai Silicon Oasis, Dubai, one of the towers in the Palace Tower development. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 718 registered sales in all — the 59 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Palace Tower T2, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 407,000	935	9.58% +0.5 pts	+6.7%	59
1 bed	AED 595,000	726	9.24% +0.9 pts	+3.8%	15
2 bed	AED 825,000	849	8.72% +1.6 pts	+4.3%	13

Deltas compare each yield with the Dubai Silicon Oasis median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in Palace Tower T2 between 2009 and 2015 went for a median of AED 827/sqft (AED 407,000). The same building resells today at AED 887/sqft (AED 430,000) — an uplift of +5.7%.

Based on 359 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

42 resales in the last 12 months, against 51 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
21 Aug 2026	2 bed	990	AED 860,000	869
20 Aug 2026	Studio	344	AED 390,000	1,135
22 Jul 2026	Studio	459	AED 445,000	969
20 Jul 2026	Studio	472	AED 320,000	678
14 Jul 2026	Studio	431	AED 400,000	927
9 Jul 2026	Studio	431	AED 460,000	1,067
3 Jul 2026	Studio	470	AED 470,000	999
29 Jun 2026	1 bed	826	AED 555,000	672
8 Jun 2026	Studio	482	AED 417,685	867

9 resales in the last 3 months.

Rental contracts

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

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 27
Flats: 1

Nearby

Landmark: IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Dubai Silicon Oasis, on the same figures over the same window.

Highest rental yields in Dubai Silicon Oasis · Palace Tower T2 places 9th of 54

Common questions

What is the rental yield in Palace Tower T2?: Palace Tower T2 returns 9.58% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 206 rental contracts registered in the last 24 months.
How much does a studio in Palace Tower T2 cost?: The median registered sale price is AED 407,000 (935 AED/sqft), from 59 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Palace Tower T2 selling for right now?: Registered sales of ready units in Palace Tower T2 over the last 3 months have a median of 969 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Palace Tower T2 risen or fallen?: Median price per square foot moved +6.7% over the last 12 months against the 12 before it, on 59 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Palace Tower T2 compare with Dubai Silicon Oasis?: Its 9.58% gross yield sits +0.5 pts against the Dubai Silicon Oasis median of 9.09%, computed at the same bedroom grain over the same 24-month window.

Palace Tower T2