Palace Tower 2CompletedAED 907 per sq ft ▲ 4% in a year like for like resale, 34 sales
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Home › Dubai Silicon Oasis › Residential towers › Palace Towers › Palace Tower 2
Map: Google Maps
Mid-range residential tower, with 412 resales on the Land Department record

Palace Tower 2, Dubai Silicon Oasis

A resale studio in Palace Tower 2 sells for about AED 426,000

Median of 22 resale studio sales in the 12 months to 26 Oct 2026, from Land Department records (34 resale sales of all sizes). Last sale in the tower: 5 Oct 2026.

The market says
34 resales of all sizes in the 12 months to 26 Oct 2026 at AED 907 per sq ft (up 4% like for like in a year); owners who sold gained 14.8% a year and 9% sold at a loss; 1 home for sale now.
James Paul Booth
The agent's view
“Owners who sold in Palace Tower 2 made 14.8% a year, and 9% of them sold at a loss. Few homes are for sale against the pace of sales, so a home at the right price sells quickly. For me that is a strong record for Dubai Silicon Oasis. Pay for the right view and layout.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

176 units with a sale on record since 2020.
34sales in the 12 months to 26 Oct 2026: 34 resale
1for sale now
Under 1 monthTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 23 Oct 2026. Built 27 Oct 2026.

Palace Tower 2 on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 26 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.

TypeResale: soldResale: per sq ftMedian askingRent a year
StudioAED 426,500 (22)962– (0)– (1)
1-bed– (under 10)–– (1)– (0)
2-bed– (under 10)–– (0)– (1)

Sold prices: Land Department sale records to 26 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.

Sales we leave out of every median, count and chart (3 of 239 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (3); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.

Resale price per sq ft rose 4% in a year like for like

Median AED 907 per sq ft in the last 12 months (34 resale sales, all sizes) against AED 862 in the 12 months before (48 resale sales, all sizes). Like for like compares the same bed sizes as the year before.

2024-Q1: AED 898 per sq ft, 17 sales89824 Q12024-Q2: AED 826 per sq ft, 10 sales82624 Q22024-Q3: AED 851 per sq ft, 10 sales85124 Q32024-Q4: AED 819 per sq ft, 16 sales81924 Q425 Q12025-Q2: AED 868 per sq ft, 16 sales86825 Q22025-Q3: AED 909 per sq ft, 14 sales90925 Q32025-Q4: AED 955 per sq ft, 11 sales95525 Q417 sales1710 sales1010 sales1016 sales160 sales016 sales1614 sales1411 sales11Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales.

Every sale since 2020: 239 sales of 176 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
1407Studio344AED 395,0001,1495 Oct 2026Resale
1023Studio470AED 435,0009251 Oct 2026Resale
16202-bed990AED 840,00084911 Sep 2026Resale
10172-bed990AED 860,00086921 Aug 2026Resale
1918Studio344AED 390,0001,13520 Aug 2026Resale+70% from AED 230,000 in 2022
1322Studio459AED 445,00096921 Jul 2026Resale
2109Studio472AED 320,00067817 Jul 2026Resale
1721Studio431AED 400,00092714 Jul 2026Resale-6% from AED 428,000 in 2026
1509Studio431AED 460,0001,0679 Jul 2026Resale+35% from AED 340,000 in 2024
2119Studio470AED 470,0009993 Jul 2026Resale+65% from AED 285,000 in 2023
10011-bed826AED 555,00067226 Jun 2026Resale+42% from AED 390,000 in 2023
914Studio482AED 417,6858678 Jun 2026Resale
1303Studio459AED 407,00088720 May 2026Resalesame price as in 2026: transfer
8082-bed990AED 880,0008895 May 2026Resale+81% from AED 485,000 in 2022
1221Studio431AED 450,0001,04315 Apr 2026Resale
1814Studio482AED 470,00097615 Apr 2026Resale
15011-bed826AED 595,0007207 Apr 2026Resale
5082-bed990AED 840,0008496 Apr 2026Resale
723Studio470AED 440,00093526 Mar 2026Resale+14% from AED 385,000 in 2024
1303Studio459AED 407,0008879 Mar 2026Resale
1506Studio344AED 425,0001,2372 Mar 2026Resale
22081-bed775AED 610,00078719 Feb 2026Resale
821Studio431AED 440,0001,02013 Feb 2026Resale+19% from AED 370,000 in 2023
1721Studio431AED 428,00099212 Feb 2026Resale
1616Studio431AED 380,00088126 Jan 2026Resale
7202-bed990AED 840,00084916 Jan 2026Resale
8202-bed990AED 875,0008842 Jan 2026Resale
11052-bed990AED 825,00083319 Dec 2025Resale+10% from AED 750,000 in 2022
1619Studio344AED 374,0001,08815 Dec 2025Resale
1013Studio510AED 350,00068711 Dec 2025Resale
1422Studio459AED 430,0009379 Dec 2025Resale
911Studio482AED 460,00095526 Nov 2025Resale+31% from AED 350,000 in 2023
14172-bed990AED 845,00085429 Oct 2025Resale
13011-bed826AED 575,00069629 Oct 2025Resale-19% from AED 710,010 in 2024
719Studio344AED 440,0001,28018 Oct 2025Resale-7% from AED 475,000 in 2024
1306Studio344AED 400,0001,16414 Oct 2025Resale+43% from AED 280,000 in 2023
1906Studio344AED 450,0001,3097 Oct 2025Resale+110% from AED 214,500 in 2023
21131-bed784AED 625,0007983 Oct 2025Resale
15101-bed794AED 645,00081319 Sep 2025Resale
1919Studio344AED 420,0001,22216 Sep 2025Resale+64% from AED 255,999 in 2023
2009Studio431AED 455,0001,05516 Sep 2025Resale+8% from AED 420,000 in 2025
714Studio482AED 450,00093410 Sep 2025Resale+61% from AED 279,000 in 2022
13172-bed990AED 825,0008332 Sep 2025Resale
1403Studio459AED 415,00090429 Aug 2025Resale
17202-bed990AED 790,00079820 Aug 2025Resale+18% from AED 670,000 in 2024
1402Studio470AED 430,00091413 Aug 2025Resale
1318Studio344AED 400,0001,16431 Jul 2025Resale
20011-bed762AED 580,00076229 Jul 2025Resale
1019Studio344AED 400,0001,16410 Jul 2025Resale+14% from AED 350,000 in 2025
1821Studio431AED 430,00099710 Jul 2025Resale
2009Studio431AED 420,00097412 Jun 2025Resale
14101-bed794AED 570,00071811 Jun 2025Resale+42% from AED 400,000 in 2020
1819Studio344AED 300,00087328 May 2025Resale
1218Studio344AED 415,0001,20726 May 2025Resale+8% from AED 385,000 in 2024
1119Studio344AED 330,00096026 May 2025Resale
9202-bed990AED 820,00082821 May 2025Resale
1722Studio459AED 420,00091519 May 2025Resale
12151-bed794AED 610,00076814 May 2025Resale
1313Studio510AED 440,00086314 May 2025Resale+29% from AED 340,000 in 2023
1019Studio344AED 350,0001,0187 May 2025Resale
8011-bed826AED 620,00075129 Apr 2025Resale+53% from AED 405,000 in 2023
11241-bed826AED 600,00072629 Apr 2025Resale
10101-bed794AED 500,00063028 Apr 2025Resale
16151-bed794AED 601,50075824 Apr 2025Resale
1903Studio459AED 440,00095823 Apr 2025Resale+33% from AED 330,000 in 2023
1323Studio470AED 430,0009142 Apr 2025Resale
17082-bed990AED 660,00066710 Feb 2025Resale+32% from AED 500,000 in 2020
1514Studio482AED 415,0008626 Feb 2025Resale+66% from AED 250,000 in 2022
819Studio344AED 400,0001,1645 Feb 2025Resale
1613Studio510AED 360,00070630 Dec 2024Resale
2104Studio422AED 310,0007349 Dec 2024Resale
2117Studio420AED 320,0007629 Dec 2024Resale
10241-bed826AED 570,0006909 Dec 2024Resale
1621Studio431AED 320,0007429 Dec 2024Resale
2114Studio424AED 393,00092622 Nov 2024Resale+3% from AED 380,638 in 2024
1522Studio459AED 425,00092621 Nov 2024Resale+70% from AED 250,000 in 2022
913Studio510AED 350,00068721 Nov 2024Resale-12% from AED 400,000 in 2023
1203Studio459AED 390,00085014 Nov 2024Resale+13% from AED 345,000 in 2024
723Studio470AED 385,00081812 Nov 2024Resale+38% from AED 280,000 in 2022
6202-bed990AED 750,00075828 Oct 2024Resale
1706Studio344AED 345,0001,00425 Oct 2024Resale+64% from AED 210,000 in 2020
2114Studio424AED 348,00082022 Oct 2024Resale
2114Studio424AED 380,63889722 Oct 2024Resale+9% from AED 348,000 in 2024
2204Studio422AED 380,00090017 Oct 2024Resale
903Studio459AED 330,0007192 Oct 2024Resale
1022Studio459AED 390,00085030 Sep 2024Resale+6% from AED 368,866 in 2024
12011-bed826AED 559,3126775 Sep 2024Resale
604Studio431AED 355,00082329 Aug 2024Resale
1709Studio431AED 415,00096223 Aug 2024Resale
603Studio459AED 440,00095815 Aug 2024Resale+7% from AED 410,000 in 2024
7241-bed826AED 703,5008527 Aug 2024Resale
5101-bed794AED 470,0005925 Aug 2024Resale
17202-bed990AED 670,00067723 Jul 2024Resale
16101-bed794AED 500,00063016 Jul 2024Resale
1712Studio510AED 365,0007169 Jul 2024Resale
13011-bed826AED 710,01086026 Jun 2024Resale
1202Studio470AED 430,0009147 Jun 2024Resale
1913Studio473AED 356,0007535 Jun 2024Resale
1509Studio431AED 340,0007884 Jun 2024Resale
719Studio344AED 475,0001,38220 May 2024Resale+86% from AED 255,000 in 2022
2012Studio473AED 375,00079317 May 2024Resale
1218Studio344AED 385,0001,12014 May 2024Resale
512Studio510AED 400,00078513 May 2024Resalesame price as in 2023: transfer
1106Studio344AED 310,0009021 May 2024Resale
2002Studio470AED 361,71976918 Apr 2024Resale
1022Studio459AED 368,86680327 Mar 2024Resale
1507Studio344AED 350,0001,01826 Mar 2024Resale
1307Studio344AED 350,0001,01818 Mar 2024Resale+40% from AED 250,000 in 2022
802Studio470AED 350,00074415 Mar 2024Resale+30% from AED 270,000 in 2023
19101-bed786AED 500,0006366 Mar 2024Resale
1607Studio344AED 410,0001,19329 Feb 2024Resale+19% from AED 345,000 in 2024
1813Studio510AED 500,00098120 Feb 2024Resale
1916Studio431AED 420,00097420 Feb 2024Resale+63% from AED 257,000 in 2022
1203Studio459AED 345,00075216 Feb 2024Resale
1607Studio344AED 345,0001,00413 Feb 2024Resale
718Studio344AED 308,5008982 Feb 2024Resale
603Studio459AED 410,00089330 Jan 2024Resale+46% from AED 280,000 in 2023
22131-bed784AED 400,00051026 Jan 2024Resale
1111Studio482AED 345,00071624 Jan 2024Resale+43% from AED 242,000 in 2022
11172-bed990AED 625,00063118 Jan 2024Resale
1409Studio431AED 390,00090415 Jan 2024Resale
10151-bed794AED 430,00054215 Jan 2024Resale+30% from AED 330,000 in 2021
1121Studio431AED 350,00081119 Dec 2023Resale+32% from AED 265,000 in 2022
1513Studio510AED 345,00067711 Dec 2023Resale+47% from AED 235,000 in 2021
821Studio431AED 370,0008586 Dec 2023Resale+26% from AED 294,400 in 2023
1313Studio510AED 340,0006676 Dec 2023Resale+42% from AED 240,000 in 2020
514Studio482AED 400,00083024 Nov 2023Resale+18% from AED 340,000 in 2023
511Studio482AED 350,00072714 Nov 2023Resale
514Studio482AED 340,00070613 Nov 2023Resale
512Studio510AED 400,0007856 Nov 2023Resale+18% from AED 340,000 in 2023
1903Studio459AED 330,00071930 Oct 2023Resale+32% from AED 250,000 in 2021
512Studio510AED 340,00066723 Oct 2023Resale
1919Studio344AED 255,99974519 Oct 2023Resale
11101-bed794AED 430,0005429 Oct 2023Resale
911Studio482AED 350,0007275 Oct 2023Resale+32% from AED 265,000 in 2022
507Studio344AED 325,0009465 Oct 2023Resale
509Studio431AED 331,5007695 Oct 2023Resale
518Studio344AED 320,0009315 Oct 2023Resale
516Studio431AED 331,5007695 Oct 2023Resale
513Studio510AED 340,0006675 Oct 2023Resale
904Studio431AED 320,00074227 Sep 2023Resale
2018Studio344AED 300,00087315 Sep 2023Resale
602Studio470AED 340,00072314 Sep 2023Resale+13% from AED 300,000 in 2023
1006Studio344AED 280,00081513 Sep 2023Resale
10011-bed826AED 390,00047211 Sep 2023Resale
1102Studio470AED 327,00069529 Aug 2023Resale
906Studio344AED 300,00087321 Aug 2023Resale
913Studio510AED 400,0007854 Aug 2023Resale
20082-bed958AED 400,0004181 Aug 2023Resalesame price as in 2023: transfer
20082-bed958AED 400,00041827 Jul 2023Resale
1104Studio431AED 260,00060321 Jun 2023Resale+4% from AED 250,000 in 2020
13082-bed990AED 630,00063620 Jun 2023Resale
18241-bed826AED 400,00048419 Jun 2023Resale
802Studio470AED 270,00057414 Jun 2023Resale
2119Studio470AED 285,00060614 Jun 2023Resale
14082-bed990AED 580,00058613 Jun 2023Resale
1116Studio431AED 360,0008355 Jun 2023Resale
1007Studio344AED 250,00072731 May 2023Resale+22% from AED 205,000 in 2020
1306Studio344AED 280,00081524 May 2023Resale+12% from AED 250,000 in 2022
6082-bed990AED 560,00056617 May 2023Resale
603Studio459AED 280,00061015 May 2023Resale
8011-bed826AED 405,00049010 May 2023Resale
2202Studio470AED 300,00063817 Apr 2023Resale
602Studio470AED 300,00063817 Apr 2023Resale+40% from AED 215,000 in 2020
1412Studio510AED 270,00053028 Mar 2023Resale
2014Studio454AED 300,00066127 Mar 2023Resale
1911Studio454AED 300,00066127 Mar 2023Resale
9151-bed794AED 420,00052920 Mar 2023Resale
2013Studio473AED 265,00056117 Mar 2023Resale-20% from AED 330,000 in 2021
522Studio459AED 288,00062716 Mar 2023Resale+15% from AED 250,000 in 2021
1521Studio431AED 300,0006969 Feb 2023Resale
1421Studio431AED 300,0006969 Feb 2023Resale
1014Studio482AED 275,0005711 Feb 2023Resale
1906Studio344AED 214,5006241 Feb 2023Resale
1504Studio431AED 275,00063820 Jan 2023Resale
1718Studio344AED 215,00062617 Jan 2023Resale
1723Studio470AED 250,00053117 Jan 2023Resale
1719Studio344AED 215,00062617 Jan 2023Resale
821Studio431AED 294,4006833 Jan 2023Resale
723Studio470AED 280,00059526 Dec 2022Resale
714Studio482AED 279,00057916 Dec 2022Resale
12172-bed990AED 510,00051528 Nov 2022Resale
1916Studio431AED 257,00059617 Nov 2022Resale
619Studio344AED 250,00072717 Nov 2022Resale
20101-bed786AED 435,00055315 Nov 2022Resale+10% from AED 396,000 in 2021
1514Studio482AED 250,00051914 Nov 2022Resale
719Studio344AED 255,0007428 Nov 2022Resale
12101-bed794AED 410,00051625 Oct 2022Resale
8082-bed990AED 485,00049017 Oct 2022Resale
12082-bed990AED 455,0004605 Oct 2022Resale
1121Studio431AED 265,0006145 Oct 2022Resale
1118Studio344AED 250,00072726 Sep 2022Resale
1302Studio470AED 280,00059519 Sep 2022Resale
707Studio344AED 220,0006408 Sep 2022Resale
1918Studio344AED 230,00066929 Aug 2022Resale
911Studio482AED 265,00055017 Aug 2022Resale
22152-bed1,023AED 435,00042528 Jul 2022Resale
1707Studio344AED 270,0007864 Jul 2022Resale+32% from AED 205,000 in 2021
11052-bed990AED 750,00075814 Jun 2022Resale
9241-bed826AED 420,0005099 Jun 2022Resale
1523Studio470AED 320,00068026 May 2022Resale
1522Studio459AED 250,00054524 May 2022Resale
1111Studio482AED 242,00050218 May 2022Resale
722Studio459AED 286,00062311 May 2022Resale
1606Studio344AED 250,00072713 Apr 2022Resale
1904Studio431AED 245,00056825 Mar 2022Resale
1307Studio344AED 250,00072710 Feb 2022Resale
1306Studio344AED 250,00072710 Feb 2022Resale
9052-bed990AED 450,00045524 Nov 2021Resale
10052-bed990AED 455,0004607 Nov 2021Resale
1603Studio459AED 255,0005553 Nov 2021Resale
14241-bed826AED 350,0004241 Nov 2021Resale
20101-bed786AED 396,00050419 Sep 2021Resale
522Studio459AED 250,00054526 Aug 2021Resale
621Studio431AED 200,0004643 Aug 2021Resale
1903Studio459AED 250,00054526 Jul 2021Resale
2013Studio473AED 330,00069814 Jul 2021Resale
5011-bed826AED 385,0004664 Jul 2021Resale
1707Studio344AED 205,0005961 Jul 2021Resale
8241-bed826AED 480,00058114 Jun 2021Resale
15082-bed990AED 470,0004759 Jun 2021Resale
9082-bed990AED 453,00045819 May 2021Resale
1513Studio510AED 235,00046117 May 2021Resale
919Studio344AED 220,00064016 Mar 2021Resale
10151-bed794AED 330,0004167 Mar 2021Resale
14151-bed794AED 330,00041624 Feb 2021Resale
712Studio510AED 250,00049018 Feb 2021Resale
1007Studio344AED 205,00059610 Dec 2020Resale
622Studio459AED 230,00050124 Nov 2020Resale
1311Studio482AED 200,00041519 Nov 2020Resale
602Studio470AED 215,00045716 Nov 2020Resale
1313Studio510AED 240,00047112 Nov 2020Resale
12241-bed826AED 365,00044222 Jun 2020Resale
17082-bed990AED 500,00050518 Jun 2020Resale
1706Studio344AED 210,00061118 Jun 2020Resale
1104Studio431AED 250,00058012 Mar 2020Resale
2004Studio431AED 460,0001,0673 Mar 2020Resale
9101-bed794AED 365,0004609 Feb 2020Resale
14101-bed794AED 400,00050429 Jan 2020Resale

The official record

Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.

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Which side faces what

The direction of each landmark from Palace Tower 2, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
North-eastSilicon Gates 1, a tower 130 m away
South-westPalace Tower 3, a tower 51 m away · Nibras Oasis 1, a tower 135 m away
WestPalace Tower 1, a tower 40 m away · Burj Al Arab and the sea 20.9 km · Dubai Marina skyline 25.6 km
North-westSpring Oasis, a tower 141 m away · Dubai Creek and Ras Al Khor 9.9 km · Meydan racecourse 10.1 km · Dubai Design District 12.2 km · Burj Khalifa 14.8 km · Sheikh Zayed Road 15.2 km · DIFC 15.4 km · Jumeirah beach and the sea 18.2 km

The building: 0 of 0 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Where sources disagree

No conflict found between sources.

Around Palace Tower 2

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Palace Tower 2 (this tower)–889 (33)
Silicon Gates 1130 m874 (74)
Spring Oasis141 m866 (26)
GRK Residency165 m– (0)
DHP Residency 2168 m– (0)
Ruby Residence171 m958 (9)

Drive times with no traffic

ToTimeDistance
Dubai Mall21 min20.6 km
DIFC Gate20 min21.0 km
DXB Terminal 332 min22.8 km
Dubai Marina Mall34 min34.2 km
Mall of the Emirates26 min28.8 km
Kite Beach29 min26.8 km
DWC airport42 min39.8 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 29 Jan 2020 to 23 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages, read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 27 Oct 2026 first build of this page. No correction yet.

DaliaAIAsk DaliaAI analyst

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.