Building · Palace Tower, Dubai Silicon Oasis · Sale prices

Studio Apartment Prices in Palace Tower T2 2026

The median sale price of a studio apartment in Palace Tower T2 was ⃃ 428,000 in the 12 months to 16 Oct 2026, based on 11 registered sales — 7.0% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 940 (+2.4% year on year). That is 37.9% below the Dubai-wide median of ⃃ 689,000 for the same studio apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 11 salesUpdated: 18 Oct 2026
Median sale price
⃃ 428,000
+7.0% YoY
11 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 940
+2.4% YoY
11 sales · the 12 months to 16 Oct 2026
Registered sales
11
−52.2% YoY
worth ⃃ 4.59M · the 12 months to 16 Oct 2026
Gross rental yield
9.11%
median rent ⃃ 39,000/yr · yield details

What are the key price figures for studio apartments in Palace Tower T2?

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⃃ 428,00012 months to 16 Oct 202611 sales; +7.0% vs the same 12 months a year earlier
Median price per sq ft⃃ 94012 months to 16 Oct 202611 sales; +2.4% vs the same 12 months a year earlier
Number of sales1112 months to 16 Oct 2026−52.2% vs the same 12 months a year earlier
Total sales value⃃ 4,592,00012 months to 16 Oct 2026−47.9% vs the same 12 months a year earlier
Lowest / highest sale⃃ 320K – ⃃ 470K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range340 – 510 sq ftall units on record141 units
Median annual rent⃃ 39,00012 months to 16 Oct 2026149 units currently rented
Gross rental yield9.11%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+9.0%12 months to 16 Oct 2026change in property value over the period
Units on record141current9 sold in the 12 months to 16 Oct 2026 (6.4% of stock)
Units available for sale27currentactive listings matched to units
Developer (primary) median price⃃ 364,000all time141 developer sales; ⃃ 850 per sq ft
Launch date08/11/2008—project record
Completion / handover date01/11/2009—project record

How have apartment prices in Palace Tower T2 changed since 2012?

Calendar-year figures for all apartments in Palace Tower T2 (a bedroom-level yearly series is not published).

2012–2026 (to 16 Oct 2026)
Palace Tower T2 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2012137603
2013136758
201455919
201533924
201625928
201732932
201815745
201917626
202012504
202120470
202230596
202356672
202453850
202544915
2026 YTD27889
Registered sales and median price per sq ft by year, Palace Tower T2, apartments. 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)27part year⃃ 14.47M⃃ 445,000⃃ 889−2.8%
202544−17.0%⃃ 21.66M⃃ 440,000⃃ 915+7.7%
202453−5.4%⃃ 22.21M⃃ 385,000⃃ 850+26.5%
202356+86.7%⃃ 18.69M⃃ 322,500⃃ 672+12.7%
202230+50.0%⃃ 9.36M⃃ 265,000⃃ 596+26.6%
202120+66.7%⃃ 6.47M⃃ 330,000⃃ 470−6.7%
202012−29.4%⃃ 3.64M⃃ 245,000⃃ 504−19.4%
201917+13.3%⃃ 6.32M⃃ 300,000⃃ 626−16.0%
201815−53.1%⃃ 6.79M⃃ 390,000⃃ 745−20.1%
201732+28.0%⃃ 14.46M⃃ 426,000⃃ 932+0.4%
201625−24.2%⃃ 11.56M⃃ 420,000⃃ 928+0.4%
201533−40.0%⃃ 19.04M⃃ 475,000⃃ 924+0.5%
201455−59.6%⃃ 29.07M⃃ 455,000⃃ 919+21.3%
2013136−0.7%⃃ 61.99M⃃ 393,475⃃ 758+25.8%
2012137—⃃ 50.03M⃃ 310,000⃃ 603—

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

How does Palace Tower T2 compare with Palace Tower and Dubai?

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

MetricPalace Tower T2Palace TowerDubai
Median sale price⃃ 428,000⃃ 428,000⃃ 689,000
Median price per sq ft⃃ 940⃃ 940⃃ 1,750
Price per sq ft YoY+2.4%+2.4%+3.5%
Sales111143,453
Gross rental yield9.11%9.11%5.81%

What are the latest registered sales of studio apartments in Palace Tower T2?

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
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
20/05/2026Palace Tower T2Studio Apartment459 sq ft⃃ 407,000⃃ 887Resale · Ready
15/04/2026Palace Tower T2Studio Apartment482 sq ft⃃ 470,000⃃ 975Resale · Ready
15/04/2026Palace Tower T2Studio Apartment431 sq ft⃃ 450,000⃃ 1,044Resale · Ready
26/03/2026Palace Tower T2Studio Apartment470 sq ft⃃ 440,000⃃ 936Resale · Ready
09/03/2026Palace Tower T2Studio Apartment459 sq ft⃃ 407,000⃃ 887Resale · Ready
12/02/2026Palace Tower T2Studio Apartment431 sq ft⃃ 428,000⃃ 993Resale · Ready

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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 with studio layouts, 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-t2/apartments/studio
Studio Apartment Prices in Palace Tower T2 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/palace-tower-t2/apartments/studio

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 T2 for studio apartments?
The median sale price of a studio apartment in Palace Tower T2 was ⃃ 428,000 in the 12 months to 16 Oct 2026, from 11 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 T2 for apartments?
The median price per square foot of studio apartments in Palace Tower T2 was ⃃ 940 in the 12 months to 16 Oct 2026, +2.4% compared with the same 12 months a year earlier.
How many properties were sold in Palace Tower T2 in the last 12 months?
11 sales of studio apartments worth ⃃ 4,592,000 were registered in Palace Tower T2 in the 12 months to 16 Oct 2026 (−52.2% year on year).
Are property prices in Palace Tower T2 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of studio apartments in Palace Tower T2 changed +2.4%. In calendar year 2025 it was ⃃ 915 (+7.7% on 2024), and ⃃ 889 so far in 2026.
What is the rental yield in Palace Tower T2 for apartments?
The gross rental yield of studio apartments in Palace Tower T2 is 9.11% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 39,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/palace-tower-t2/apartments/studio