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Palace Tower

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Tameer
597
Total Units
597
Sold
⃃ 455,000
Median Price
⃃ 770
Median Price /sqft
Construction progress: 100% (As of Nov-2009)
Start: Nov, 2008Completion: Nov, 2009

Palace Tower Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio141340 sqft - 510 sqft⃃ 0.4M (940 /sqft)⃃ 1,240 /sqft
-24.26
1 Bed108340 sqft - 830 sqft⃃ 0.6M (790 /sqft)⃃ 1,000 /sqft
-21.19
2 Beds151340 sqft - 1,020 sqft⃃ 0.8M (870 /sqft)⃃ 1,300 /sqft
-33.01
3 Beds5430 sqft - 470 sqft⃃ 1,190 /sqft
4 Beds8340 sqft - 470 sqft⃃ 0.5M (1,000 /sqft)⃃ 1,330 /sqft
-24.64
5 Beds11340 sqft - 510 sqft⃃ 0.4M (980 /sqft)⃃ 1,300 /sqft
-24.03

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart. So far: Palace Tower ⃃ 765 /sqft median

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment, ****10826 sqft4.46 sqft
1Apartment, ****10459 sqft4.83 sqft
1Apartment, ****10431 sqft4.83 sqft
1Apartment, ****10344 sqft
1Apartment, ****10794 sqft4.83 sqft
1Apartment, ****10482 sqft3.72 sqft
1Apartment, ****10510 sqft4.65 sqft
1Apartment, ****10794 sqft4.83 sqft
1Apartment, ****10431 sqft4.83 sqft
1Apartment, ****10431 sqft4.83 sqft
1Apartment, ****10826 sqft4.46 sqft
2Apartment, ****10470 sqft
2Apartment, ****10990 sqft5.02 sqft
2Apartment, ****10344 sqft
2Apartment, ****10990 sqft5.02 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Palace Tower Real Estate Data – FAQ

  • What is the current property supply in Palace Tower?

    Palace Tower has approximately 140 completed residential units.

  • How active is the real estate market in Palace Tower?

    Palace Tower recorded 44 property transactions over the last 12 months.

  • What is the average price /sqft in Palace Tower?

    The median recorded sale price in Palace Tower is ⃃ 880 /sqft.

  • What rental yield can investors expect in Palace Tower?

    The gross rental yield in Palace Tower is 10%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Palace Tower?

    The year-over-year median price per square foot change in Palace Tower is 9.7%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Palace Tower?

    Palace Tower has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Palace Tower?

    The recorded off-plan pipeline in Palace Tower contains 0 units.

  • Is Palace Tower a good area for property investment?

    Assess Palace Tower using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Palace Tower is 10%, calculated from median rental income and comparable median sale prices.