Palace Tower T2

1. Does it pay a good rent?9.4% gross, 7.7% after the service charge (Dubai median 6.8%)9.4%Strength
2. Are rents going up?New studio leases: AED 40,000 a year ago, AED 40,054 now (pooled across the project)+0.1%
3. Are prices going up?Studio: AED 920/sqft a year ago, 973 now+5.7%Strength
4. How fast do fees pay back?AED 28,117 in fees to buy a studio; net rent covers it in 0.9 years0.9 yrsStrength
5. Can I sell easily?36 sales in 12 months, 8% of the tower (47 the year before)36Fair
6. Is a lot being built nearby?3,069 apartments are planned in Dubai Silicon Oasis from 2026 to 2028, equal to 20% of the 15,328 homes let there today. A further 790 are past their planned date. Dubai Silicon Oasis supply by year →20%Strength
7. Did earlier buyers gain?Up 97% for buyers 5 years ago; up 12% for launch buyers, before fees+96.8%Context

36 resales in the last 12 months, against 49 a year on average over 2023–2025.

At studio, Palace Tower T2 has registered sale prices 15% below the Dubai Silicon Oasis median price per square foot of 1,141 AED, across 25 eligible buildings. It ranks 23rd of 25 by price per square foot and 7th of 18 by gross yield in Dubai Silicon Oasis.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · Studio
  24 registered sales in 12 months
  On record
• Rental evidence · Studio
  98 new and 68 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 16.70/sqft a year, 2025 owners-association budget; 7.7% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Palace Tower: recorded complete 2009-08-25 · register data to 2026-07-06
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

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.

How much does a studio in Palace Tower T2 cost?

The median registered sale price is AED 426,500 (973 AED/sqft), from 24 Dubai Land Department sales in the last 12 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 12 months have a median of 973 AED/sqft, across 24 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Palace Tower T2 risen or fallen?

Median price per square foot moved +5.7% over the last 12 months against the 12 before it, on 24 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Palace Tower T2 compare with Dubai Silicon Oasis?

Its 9.4% gross yield sits +0.5 pts against the Dubai Silicon Oasis median of 8.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.