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Palace Tower rent: what tenants really pay
Rent in Palace Tower, Dubai Silicon Oasis: Studio AED 40,108, 1-bed AED 55,000, 2-bed AED 75,000 a year. These are medians of 242 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 91, against AED 90 across Dubai Silicon Oasis. About 26 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Palace Tower: you pay a premium per sq ft here, so check the view and the unit before you sign. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Palace Tower
- Per sq ft, a Studio here costs 1% more than the Dubai Silicon Oasis median: AED 91 against AED 90. It is number 10 of 22 Dubai Silicon Oasis buildings, cheapest first.
- Homes here are smaller than usual. The median Studio here is 440 sq ft. That is 6% below the Dubai Silicon Oasis median of 467 sq ft.
- New Studio tenants pay AED 40,108, renewing tenants AED 37,000. For the same home, renewing is cheaper than moving in: a new tenant pays 11% more.
- New-lease rent per sq ft held on the year, to AED 87 a sq ft.
- About 26 homes are advertised for rent against 242 leases signed in a year: a normal amount of choice.
- 46 leases end in the next 60 days, so more homes may become available soon.
Rent in Palace Tower by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 40,108 | 37,000 | – | 440 | 91 | 166 |
| 1-bed | 55,000 | 53,000 | – | 794 | 67 | 45 |
| 2-bed | 75,000 | 65,807 | – | 990 | 74 | 31 |
Where Palace Tower is, and the buildings around it
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in Palace Tower pays 11% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a Studio in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in Palace Tower held on the year.
Median new lease, AED a sq ft, by quarter
AED 87 a sq ft in the 12 months to 15 Oct 2026, against AED 87 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
46 leases in Palace Tower end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Dubai Silicon Oasis buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Silicon Gate 1 | 40,000 | 399 | 95 | 246 |
| Silicon Gates 4 | 40,000 | 347 | 111 | 134 |
| The Dunes | 40,000 | 426 | 84 | 26 |
| Cordoba Palace | 40,000 | 413 | 97 | 52 |
| Imperial | 41,000 | 408 | 99 | 50 |
| Silicon Heights | 42,000 | 486 | 85 | 118 |
| Lynx | 42,000 | 454 | 92 | 39 |
| Silicon Gate2 | 38,000 | 383 | 95 | 32 |
Thinking of buying? Sale prices for every Dubai tower: BUY DUBAI →
Questions
How much is rent in Palace Tower?
Rent in Palace Tower, Dubai Silicon Oasis: Studio AED 40,108, 1-bed AED 55,000, 2-bed AED 75,000 a year. These are medians of 242 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 91, against AED 90 across Dubai Silicon Oasis. About 26 homes here are advertised for rent now.
How much is a studio in Palace Tower?
The median rent for a new Studio lease in Palace Tower is AED 40,108 a year (AED 3,342 a month). The median size is 440 sq ft. This is from 101 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Palace Tower?
The median rent for a new 1-bed lease in Palace Tower is AED 55,000 a year (AED 4,583 a month). The median size is 794 sq ft. This is from 26 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Palace Tower?
The median rent for a new 2-bed lease in Palace Tower is AED 75,000 a year (AED 6,250 a month). The median size is 990 sq ft. This is from 18 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Palace Tower?
For a Studio, new tenants pay a median AED 40,108 and renewing tenants AED 37,000. For the same home, a new tenant pays 11% more.
Is rent going up in Palace Tower?
Rent per sq ft on new leases in Palace Tower: AED 87 in the 12 months to 15 Oct 2026, against AED 87 the year before.
What are the alternatives to Palace Tower in Dubai Silicon Oasis?
Similar rent for a Studio: Silicon Gate 1 AED 40,000, Silicon Gates 4 AED 40,000, The Dunes AED 40,000, Cordoba Palace AED 40,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "PALACE TOWER". 242 leases 16 Oct 2025–15 Oct 2026, 145 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building. Position from OpenStreetMap.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.