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Palacio rent: what tenants really pay

Rent in Palacio, Dubai Silicon Oasis: Studio AED 45,000, 1-bed AED 59,890, 2-bed AED 67,200 (renewal), 3-bed AED 87,000 (renewal) a year. These are medians of 236 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 60, against AED 67 across Dubai Silicon Oasis. About 18 homes here are advertised for rent now.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Palacio: value at AED 60 a sq ft against the Dubai Silicon Oasis median of 67. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Palacio

  1. Per sq ft, a 1-bed here costs 9% less than the Dubai Silicon Oasis median: AED 60 against AED 67. It is number 7 of 56 Dubai Silicon Oasis buildings, cheapest first.
  2. New Studio tenants pay AED 45,000, renewing tenants AED 34,965. For the same home, renewing is cheaper than moving in: a new tenant pays 23% more.
  3. New-lease rent per sq ft rose 3% on the year, to AED 73 a sq ft.
  4. About 18 homes are advertised for rent against 236 leases signed in a year: little on the market, so expect less room to negotiate.
  5. 43 leases end in the next 60 days, so more homes may become available soon.

Rent in Palacio 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.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
Studio45,00034,965–4089359
1-bed59,89047,000–79360118
2-bed–67,200–1,2385840
3-bed–87,000–1,5565519

Where Palacio 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 Palacio pays 23% 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 Palacio rose 3% on the year.

Median new lease, AED a sq ft, by quarter

AED 73 a sq ft in the 12 months to 15 Oct 2026, against AED 71 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

43 leases in Palacio 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, 1-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Silicon Gate 160,00079567231
Binghatti Apartments60,0007787541
Axis Silver60,0008117358
Silicon Boulevard60,0009066430
Lynx59,0007587428
Selicon Star 261,0009226855
Cordoba Palace58,5008556529
Ruby Residence58,4007737459

Thinking of buying? Sale prices for every Dubai tower: BUY DUBAI →

Questions

How much is rent in Palacio?

Rent in Palacio, Dubai Silicon Oasis: Studio AED 45,000, 1-bed AED 59,890, 2-bed AED 67,200 (renewal), 3-bed AED 87,000 (renewal) a year. These are medians of 236 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 60, against AED 67 across Dubai Silicon Oasis. About 18 homes here are advertised for rent now.

How much is a studio in Palacio?

The median rent for a new Studio lease in Palacio is AED 45,000 a year (AED 3,750 a month). The median size is 408 sq ft. This is from 13 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 1 bedroom in Palacio?

The median rent for a new 1-bed lease in Palacio is AED 59,890 a year (AED 4,991 a month). The median size is 793 sq ft. This is from 22 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Palacio?

For a Studio, new tenants pay a median AED 45,000 and renewing tenants AED 34,965. For the same home, a new tenant pays 23% more.

Is rent going up in Palacio?

Rent per sq ft on new leases in Palacio: AED 73 in the 12 months to 15 Oct 2026, against AED 71 the year before.

What are the alternatives to Palacio in Dubai Silicon Oasis?

Similar rent for a 1-bed: Silicon Gate 1 AED 60,000, Binghatti Apartments AED 60,000, Axis Silver AED 60,000, Silicon Boulevard AED 60,000.

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 "PALACIO". 236 leases 16 Oct 2025–15 Oct 2026, 46 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.

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