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ZamanProp is a free informational platform for Dubai building data. We do not provide brokerage services, list properties for sale or rent, offer investment advice, or process payments. Market data is sourced from the Dubai Land Department under the Dubai Open Data Licence; ZamanProp is not affiliated with, or endorsed by, the Dubai Government or any of its entities.

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Historical market data sourced from the Dubai Land Department public registry.

Silicon Oasis

PALACE TOWER T2, Silicon Oasis — Service Charge, Prices & Sales Data

Silicon Oasis, Dubai

by Tameer Holding Investment

Near: IMG World Adventures

1,381

Sales Transactions

AED 951

Avg Price / sqft

AED 523K

Avg Sale Price

+0.3%

YoY Price/sqft

Price Trend (AED/sqft)

Based on DLD registered sales · 2021–last 12 months

Service Charge

DLD Mollak 2023 ↗
General service charge
AED 12/sqft/year
Unit A/C (cooling charge)
AED 3/sqft/year
Est. 1,000 sqft annual total
AED 15,000
Cooling
No separate cooling bill

Source: DLD Mollak 2023

The DLD Mollak general fund total (maintenance, management, reserve fund, utilities, insurance, master community & other recurring items) — excludes cooling (shown separately above) and per-unit extras like parking or metering.

Location

15.4 km to Dubai International Airport14 km to Downtown Dubai19 km to Kite Beach7.7 km to IMG World Adventures

Nearby

13 nearby amenities found (schools, medical centres, supermarkets)

Schools

  • GEMS WSO0.4 km
  • The Indian International School, DSO1.2 km
  • Lycee Francais International Elementary School1.3 km

Medical

  • Fakeeh University Hospital0.9 km

Supermarkets

  • CARRY FRESH MARKET0.2 km
  • Choithrams Silicon Oasis0.3 km
  • Green Park Supermarket FZCO Park Avenue0.5 km

Building Facts

Management
RELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES

Amenities

Retail OutletsSwimming PoolConciergeCovered ParkingSteam RoomKids Play AreaSaunaCCTVLandscaped GardensGym24hr SecurityRestaurants & Cafes

Sales Transactions

Based on DLD registered sales

DateTypeSizePriceAED/sqft
Aug 20262BR990 sqftAED 860K869
Aug 2026Studio344 sqftAED 390K1,135
Jul 2026Studio459 sqftAED 445K969
Jul 2026Studio472 sqftAED 320K678
Jul 2026Studio431 sqftAED 400K927
Jul 2026Studio431 sqftAED 460K1,067
Jul 2026Studio470 sqftAED 470K999
Jun 20261BR826 sqftAED 555K672
Jun 2026Studio482 sqftAED 418K867
May 2026Studio459 sqftAED 407K887

Source: Dubai Land Department

Frequently Asked Questions

What is the service charge at PALACE TOWER T2?▾

The annual service charge at PALACE TOWER T2 is AED 12.00 per square foot. For a typical 1,000 sqft apartment that is AED 12,000 per year.

Who developed PALACE TOWER T2?▾

PALACE TOWER T2 was developed by Tameer Holding Investment.

Who manages PALACE TOWER T2?▾

RELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES is the appointed facility management company at PALACE TOWER T2.

What is PALACE TOWER T2 close to?▾

PALACE TOWER T2 is located near IMG World Adventures, approximately 7.7 km away.

Is there a school near PALACE TOWER T2?▾

GEMS WSO is the closest school to PALACE TOWER T2, approximately 0.4 km away.

Is there a hospital or medical centre near PALACE TOWER T2?▾

Fakeeh University Hospital is the closest medical centre to PALACE TOWER T2, approximately 0.9 km away.

Is there a supermarket near PALACE TOWER T2?▾

CARRY FRESH MARKET is the closest supermarket to PALACE TOWER T2, approximately 0.2 km away.

What cooling arrangement does PALACE TOWER T2 have?▾

Cooling at PALACE TOWER T2 is managed by the building or OA, typically collected as part of the annual service charge. No separate monthly cooling bill is issued to residents.

What amenities does PALACE TOWER T2 have?▾

PALACE TOWER T2 offers: Retail Outlets, Swimming Pool, Concierge, Covered Parking, Steam Room, Kids Play Area, Sauna, CCTV, Landscaped Gardens, Gym, 24hr Security, Restaurants & Cafes.

How far is PALACE TOWER T2 from the airport?▾

PALACE TOWER T2 is approximately 15.4 km from Dubai International Airport.

How far is PALACE TOWER T2 from Dubai's main business districts?▾

PALACE TOWER T2 is approximately 14 km from Downtown Dubai.

How far is PALACE TOWER T2 from the beach?▾

PALACE TOWER T2 is approximately 19 km from Kite Beach.

What is the DLD registration fee when buying at PALACE TOWER T2?▾

The Dubai Land Department (DLD) transfer fee is 4% of the purchase price, paid by the buyer on registration. This applies to all freehold and leasehold transactions in Dubai.

Which DLD administrative zone is PALACE TOWER T2 in?▾

PALACE TOWER T2 is located in Nadd Hessa, the official Dubai Land Department administrative zone for Silicon Oasis. This zone name appears on title deeds, NOC documents, and DLD registration records.

Transaction data sourced from the Dubai Land Department (DLD). Last updated September 2026.

Historical registered sale prices only. This is not a property valuation, appraisal, or live listing service.

Data is cleaned to exclude outliers and erroneous entries (e.g. corrupted values, non-market transactions). As a result, figures shown here may differ from raw DLD/Ejari records.

Prices vary by floor, view, fit-out, and market conditions. Always verify with a RERA-licensed agent before making any financial decision.

E&OE. ZamanProp is not liable for reliance on this data.

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Browse by Bedroom Type

Studio

AED 350K avg · 950 sales

1 Bedroom

AED 596K avg · 216 sales

2 Bedrooms

AED 771K avg · 212 sales

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