Project · Dubai Silicon Oasis · Sale prices

Palace Tower Property Prices 2026

The median property sale price in Palace Tower was ⃃ 555,000 in the 12 months to 16 Oct 2026, based on 47 registered sales — 26.1% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 890 (+11.1% year on year). That is 60.9% below the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 47 salesUpdated: 18 Oct 2026
Median sale price
⃃ 555,000
+26.1% YoY
47 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 890
+11.1% YoY
47 sales · the 12 months to 16 Oct 2026
Registered sales
47
−27.7% YoY
worth ⃃ 36.07M · the 12 months to 16 Oct 2026
Gross rental yield
8.11%
median rent ⃃ 45,000/yr · yield details

What are the key price figures for Palace Tower?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 555,00012 months to 16 Oct 202647 sales; +26.1% vs the same 12 months a year earlier
Median price per sq ft⃃ 89012 months to 16 Oct 202647 sales; +11.1% vs the same 12 months a year earlier
Number of sales4712 months to 16 Oct 2026−27.7% vs the same 12 months a year earlier
Total sales value⃃ 36,065,98512 months to 16 Oct 2026−16.0% vs the same 12 months a year earlier
Lowest / highest sale⃃ 320K – ⃃ 2.3M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 45,00012 months to 16 Oct 2026337 units currently rented
Gross rental yield8.11%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+10.0%12 months to 16 Oct 2026change in property value over the period
Units on record597current44 sold in the 12 months to 16 Oct 2026 (7.4% of stock)
Units available for sale111currentactive listings matched to units
Developer (primary) median price⃃ 516,000all time597 developer sales; ⃃ 840 per sq ft
Launch date08/11/2008—project record
Completion / handover date01/11/2009—project record

How do prices differ by property type in Palace Tower?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 445,000+6.0%⃃ 930359.44%
Commercial⃃ 1,427,000+13.2%⃃ 790128.41%

How have property prices in Palace Tower changed since 2012?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2012–2026 (to 16 Oct 2026)
Palace Tower median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2012158587
2013171750
201472892
201542893
201635882
201737905
201825607
201924567
202015501
202135464
202241550
202369638
202467789
202562833
2026 YTD33884
Registered sales and median price per sq ft by year, Palace Tower. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)33part year⃃ 22.09M⃃ 470,000⃃ 884+6.1%
202562−7.5%⃃ 47.99M⃃ 572,500⃃ 833+5.6%
202467−2.9%⃃ 36.99M⃃ 410,000⃃ 789+23.6%
202369+68.3%⃃ 27.04M⃃ 331,500⃃ 638+16.1%
202241+17.1%⃃ 19.35M⃃ 286,000⃃ 550+18.5%
202135+133.3%⃃ 15.46M⃃ 385,000⃃ 464−7.4%
202015−37.5%⃃ 4.71M⃃ 250,000⃃ 501−11.7%
201924−4.0%⃃ 12.49M⃃ 424,500⃃ 567−6.6%
201825−32.4%⃃ 15.58M⃃ 590,000⃃ 607−32.9%
201737+5.7%⃃ 18.74M⃃ 440,000⃃ 905+2.6%
201635−16.7%⃃ 23.56M⃃ 450,000⃃ 882−1.2%
201542−41.7%⃃ 29.22M⃃ 618,700⃃ 8930.0%
201472−57.9%⃃ 48.72M⃃ 492,500⃃ 892+19.0%
2013171+8.2%⃃ 104.54M⃃ 480,000⃃ 750+27.6%
2012158—⃃ 69.7M⃃ 352,758⃃ 587—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Palace Tower compare with Dubai Silicon Oasis and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricPalace TowerDubai Silicon OasisDubai
Median sale price⃃ 555,000⃃ 900,000⃃ 1,420,000
Median price per sq ft⃃ 890⃃ 1,200⃃ 1,740
Price per sq ft YoY+11.1%−15.4%+6.4%
Sales471,741173,241
Gross rental yield8.11%6.33%4.44%

What are the latest registered sales in Palace Tower?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
05/10/2026Palace Tower T2Studio Apartment344 sq ft⃃ 395,000⃃ 1,148Resale · Ready
05/10/2026Palace Towers T1Commercial1,777 sq ft⃃ 1,500,000⃃ 844Resale · Ready
01/10/2026Palace Tower T22 beds · Apartment470 sq ft⃃ 435,000⃃ 926Resale · Ready
11/09/2026Palace Tower T22 beds · Apartment990 sq ft⃃ 840,000⃃ 848Resale · Ready
21/08/2026Palace Tower T22 beds · Apartment990 sq ft⃃ 860,000⃃ 869Resale · Ready
20/08/2026Palace Tower T21 bed · Apartment344 sq ft⃃ 390,000⃃ 1,134Resale · Ready
21/07/2026Palace Tower T2Studio Apartment459 sq ft⃃ 445,000⃃ 969Resale · Ready
17/07/2026Palace Tower T2Studio Apartment472 sq ft⃃ 320,000⃃ 678Resale · Ready
14/07/2026Palace Tower T2Studio Apartment431 sq ft⃃ 400,000⃃ 928Resale · Ready
09/07/2026Palace Tower T21 bed · Apartment431 sq ft⃃ 460,000⃃ 1,067Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/palace-tower
Palace Tower Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/palace-tower

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Palace Tower?
The median property sale price in Palace Tower was ⃃ 555,000 in the 12 months to 16 Oct 2026, from 47 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Palace Tower?
The median price per square foot of Palace Tower was ⃃ 890 in the 12 months to 16 Oct 2026, +11.1% compared with the same 12 months a year earlier.
How many properties were sold in Palace Tower in the last 12 months?
47 sales worth ⃃ 36,065,985 were registered in Palace Tower in the 12 months to 16 Oct 2026 (−27.7% year on year).
Are property prices in Palace Tower going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Palace Tower changed +11.1%. In calendar year 2025 it was ⃃ 833 (+5.6% on 2024), and ⃃ 884 so far in 2026.
What is the rental yield in Palace Tower?
The gross rental yield of Palace Tower is 8.11% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 45,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/palace-tower