Project · Rental yields

Palace Tower Rental Yields 2026

The gross rental yield for Palace Tower is 8.01%, based on the 12 months to 19 Oct 2026: the median annual rent was AED 45,000 and the median sale price AED 562,000 from 46 registered sales. 337 units are currently let. The Dubai-wide gross yield for the same property mix is 4.43%. In 2025 the median rent was AED 45,000, 7.1% higher than 2024.

Period: 12 months to 19 Oct 2026Sample: 46 sales · 337 let unitsUpdated: 19 Oct 2026
Gross rental yield
8.01%
gross, before costs · the 12 months to 19 Oct 2026
Median annual rent
AED 45,000
rental contracts · the 12 months to 19 Oct 2026
Median sale price
AED 562,000
+27.7% YoY
46 sales · the 12 months to 19 Oct 2026
Units currently let
337
of 597 units on record

Which property type yields most in Palace Tower?

Gross yield, median rent and median price over the 12 months to 19 Oct 2026.

Property typeGross yieldMedian rent / yrMedian priceSalesLet units
Apartments9.38%AED 42,000AED 448,00034219
Commercial8.76%AED 125,000AED 1,427,00012118

How have rents in Palace Tower changed since 2015?

Median annual rent and number of registered rental contracts by calendar year. 2026 is year to date.

2015–2026 (to 19 Oct 2026)
Palace Tower median annual rent and rental contracts by year
Rental contractsMedian annual rent (AED)
201521850,000
201621060,000
201728755,000
201830042,000
201930936,000
202031730,000
202129430,000
202232232,000
202333036,850
202436042,000
202540045,000
2026 YTD31845,000
Registered rental contracts and median annual rent by year, Palace Tower. Source: DXBinteract. The same figures are in the table below.
New and renewed contracts combined. Median-rent trends omit years with fewer than 10 contracts; those source rows remain in the table. 2026 runs to 19 Oct 2026.
YearContractsMedian rent / yrRent YoYRent per sq ftPer sq ft YoY
2026 (to 19 Oct 2026)318AED 45,0000.0%AED 81+6.5%
2025400AED 45,000+7.1%AED 76+17.5%
2024360AED 42,000+14.0%AED 65+16.2%
2023330AED 36,850+15.2%AED 56+12.8%
2022322AED 32,000+6.7%AED 49+14.9%
2021294AED 30,0000.0%AED 43−10.3%
2020317AED 30,000−16.7%AED 48−18.7%
2019309AED 36,000−14.3%AED 59−13.5%
2018300AED 42,000−23.6%AED 68−9.0%
2017287AED 55,000−8.3%AED 75−1.2%
2016210AED 60,000+20.0%AED 76+8.5%
2015218AED 50,000—AED 70—

How does Palace Tower's yield compare with Dubai Silicon Oasis and Dubai?

Same property mix, the 12 months to 19 Oct 2026.

MetricPalace TowerDubai Silicon OasisDubai
Gross rental yield8.01%6.33%4.43%
Median annual rentAED 45,000AED 57,000AED 63,000
Median sale priceAED 562,000AED 900,000AED 1,421,000

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How these figures are calculated

Gross rental yield
Annual rent as a percentage of purchase price, as calculated in the source dataset from registered rents and sales of the same place, rounded to two decimal places. It is before service charges, fees, maintenance and vacancy.
Median rent
The middle annual rent of registered contracts in the 12 months to 19 Oct 2026. Yearly rents combine new tenancies and renewals.
Median price
The middle sale price of registered sales in the 12 months to 19 Oct 2026, primary and resale, off-plan and ready.
Units currently let
Units with a rental contract running today.

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-rental-yields/palace-tower
Palace Tower Rental Yields 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-rental-yields/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 rental yield in Palace Tower?
The gross rental yield for Palace Tower is 8.01% (the 12 months to 19 Oct 2026), with a median annual rent of AED 45,000 and a median sale price of AED 562,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in Palace Tower?
The median annual rent for Palace Tower was AED 45,000 in the 12 months to 19 Oct 2026. Across calendar year 2025 it was AED 45,000 from 400 rental contracts.
Is Palace Tower a high-yield location compared with Dubai?
Palace Tower's gross yield of 8.01% is above the Dubai-wide 4.43% for the same property mix (the 12 months to 19 Oct 2026).
How is gross rental yield calculated?
Gross rental yield is annual rent divided by purchase price, times 100. It ignores service charges, agency and DLD fees, maintenance and void periods, so net yield is lower. DXBinteract uses registered rental contracts and registered sales for the same place and period.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-rental-yields/palace-tower