Project · Rental yields

Palace Tower Apartment Rental Yields 2026

The gross rental yield for apartments in Palace Tower is 9.38%, based on the 12 months to 16 Oct 2026: the median annual rent was ⃃ 42,000 and the median sale price ⃃ 448,000 from 34 registered sales. 219 units are currently let. The Dubai-wide gross yield for the same apartment mix is 4.94%. In 2025 the median rent was ⃃ 42,000, 13.5% higher than 2024.

Period: 12 months to 16 Oct 2026Sample: 34 sales · 219 let unitsUpdated: 18 Oct 2026
Gross rental yield
9.38%
gross, before costs · the 12 months to 16 Oct 2026
Median annual rent
⃃ 42,000
rental contracts · the 12 months to 16 Oct 2026
Median sale price
⃃ 448,000
+6.5% YoY
34 sales · the 12 months to 16 Oct 2026
Units currently let
219
of 424 units on record

Which bedroom size has the highest yield in Palace Tower?

Gross yield, median rent and median price over the 12 months to 16 Oct 2026.

UnitGross yieldMedian rent / yrMedian priceSalesLet units
Studio apartment9.11%⃃ 39,000⃃ 428,00011149
1-bedroom apartment9.37%⃃ 52,000⃃ 555,000740
2-bedroom apartment8.33%⃃ 70,000⃃ 840,0001330

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 16 Oct 2026)
Palace Tower median annual rent and rental contracts by year
Rental contractsMedian annual rent (⃃)
201514446,000
201613046,500
201717743,500
201821738,000
201922833,000
202022626,000
202119224,000
202222327,000
202321431,000
202423137,000
202528142,000
2026 YTD21941,000
Registered rental contracts and median annual rent by year, Palace Tower, apartments. 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 16 Oct 2026.
YearContractsMedian rent / yrRent YoYRent per sq ftPer sq ft YoY
2026 (to 16 Oct 2026)219⃃ 41,000−2.4%⃃ 83+5.0%
2025281⃃ 42,000+13.5%⃃ 79+12.1%
2024231⃃ 37,000+19.4%⃃ 70+13.6%
2023214⃃ 31,000+14.8%⃃ 62+15.8%
2022223⃃ 27,000+12.5%⃃ 54+12.1%
2021192⃃ 24,000−7.7%⃃ 48−6.4%
2020226⃃ 26,000−21.2%⃃ 51−20.7%
2019228⃃ 33,000−13.2%⃃ 64−11.5%
2018217⃃ 38,000−12.6%⃃ 73−13.6%
2017177⃃ 43,500−6.5%⃃ 84−0.7%
2016130⃃ 46,500+1.1%⃃ 85+4.1%
2015144⃃ 46,000—⃃ 81—

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

Same property mix, the 12 months to 16 Oct 2026.

MetricPalace TowerDubai Silicon OasisDubai
Gross rental yield9.38%6.17%4.94%
Median annual rent⃃ 42,000⃃ 54,000⃃ 61,000
Median sale price⃃ 448,000⃃ 875,000⃃ 1,236,000

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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 16 Oct 2026. Yearly rents combine new tenancies and renewals.
Median price
The middle sale price of registered sales in the 12 months to 16 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/apartments
Palace Tower Apartment Rental Yields 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-rental-yields/palace-tower/apartments

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 for apartments?
The gross rental yield for apartments in Palace Tower is 9.38% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 42,000 and a median sale price of ⃃ 448,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in Palace Tower for apartments?
The median annual rent for apartments in Palace Tower was ⃃ 42,000 in the 12 months to 16 Oct 2026. Across calendar year 2025 it was ⃃ 42,000 from 281 rental contracts.
Is Palace Tower a high-yield location compared with Dubai?
Palace Tower's gross yield of 9.38% is above the Dubai-wide 4.94% for the same property mix (the 12 months to 16 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 16 Oct 2026 · https://dxbinteract.com/dubai-rental-yields/palace-tower/apartments