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Palace Towers, DSO

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HIGHLIGHTS

About Palace Towers, Silicon Oasis

Palace Towers is a mixed-use complex in Dubai Silicon Oasis consisting of two high-rise buildings. One is referred to as Palace Tower 1, which is a 27-storey commercial building. The other is a 24-floor residential building called Palace Tower 2.

Commercial building in Palace Towers
Palace Towers 1 entrance

Palace Towers, Silicon Oasis was developed by Tameer Holding Investments, while its design has been done by Al Hashemi architects. The construction of the project started in 2007 and it was completed in 2009. The exterior design of Palace Towers buildings features a blend of neo-classical and postmodern architecture. The commercial building consists of 150 offices, whereas the residential tower features 424 apartments. Housing 17 retail units, the project also features a total retail area of 33,000 sq. ft. spread across the ground level. Palace Towers features a range of facilities, such as a fitness club, a swimming pool, play area and spa services. In addition to being situated opposite Academic City, the complex also houses an educational institute called British Orchard Nursery.

A holistic community, Dubai Silicon Oasis is free-zone urban development situated at the gateway to ‘New Dubai’. Ranking among the top five areas of the city, its popularity for renting apartments is clearly reflected through Bayut’s Market Report for 2020. This 7.2 million sq. m. large technology park hosts a number of commercial properties as well as a variety of accommodations.

In a Nutshell

  • Type of building: Residential
  • Location: Dubai Silicon Oasis
  • Developer: Tameer Holding Investments
  • Number of floors: Tower 1 (27), Tower 2 (24)
  • Number of units: 424 apartments, 150 office spaces
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gymnasium, swimming pool, kids’ play area, landscaped podium decks, sauna facilities
business

BUILDING DETAILS

Facilities in Palace Towers, Silicon Oasis

Parking

Parking facility in Palace Towers, Silicon Oasis features underground parking spots for tenants in the buildings. There are also multiple empty spaces outside where visitors can park their vehicles.

Elevators

Each of the two Palace Towers, Dubai buildings is served by six high-speed elevators.

Security, Central Air-Conditioning and Maintenance Services 

Both buildings of Palace Towers are facilitated by 24-hour security, cooling and electricity backup systems. All non-private areas of the complex are equipped with CCTV security. Additionally, the security staff takes rounds in guarding the main entrances.

Gym and Fitness Facilities 

An exceptional facility in Palace Towers, Silicon Oasis is the fitness club which comprises three gyms. Residents, as well as office tenants, can keep up with their fitness regime at one of these high-tech gyms.

Lifestyle Amenities

The Palace Towers, Silicon Oasis complex features a luxury swimming pool on the terrace. For professional spa services, residents, office tenants as well as visitors can visit Oasi Rejuve in Tower 2. The landscaped common terrace on the extensive podium deck offers an ideal leisure retreat for children. It has a kids’ play area and a vast space for children to run around.

Concierge and Guest Services 

Both the towers in the complex have separate entrances. Offering 24-hour front-desk services, there is a helpful reception staff that sits in the residential lobby as well as in the office lobby.

Palace Towers, Silicon Oasis Floor Plans 

Palace Towers Floor plans
Palace Tower 2
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Apartment Types in Palace Towers, Silicon Oasis

Whether for rent or for sale, the residential properties in Palace Towers, Silicon Oasis offer a choice of spacious studios of various sizes as well as 1BHK and 2BHK apartments with contemporary layouts.

Studio Apartments in Palace Towers, Silicon Oasis

Studio apartments in Palace Towers, Silicon Oasis come with areas ranging from 396 sq. ft. to 588 sq. ft. These flats feature entrances that open into a corridor-style kitchenettes. With a bathroom accessible after a few steps, the corridor leads to the bedroom plus living room space. The studios also have a glass-door balcony.

1-Bedroom Apartments in Palace Towers, Silicon Oasis

The coverage areas for 1-bedroom apartments vary between 793 sq. ft. and 952 sq. ft. Each 1BHK flat contains an open kitchen that overlooks the living room. The bedroom includes sliding-door wardrobes, while the bathroom has a bathtub.

2-Bedroom Apartments in Palace Towers, Silicon Oasis

The coverage area for 2-bedroom flats in Palace Towers, Silicon Oasis range between 990 sq. ft. and 1,145 sq. ft. Each 2-bed flat typically has two bathrooms and includes an L-shaped kitchen, a living room and a balcony.

Offices in Palace Towers, Silicon Oasis

Palace Tower 1 is a 27-storey commercial building with many office spaces for both rent and sale. All of them are available in fitted conditions. The minimum sizes of these offices starts from 1,700 sq. ft. while the largest office spaces available for rent in the building is of 6,200 sq. ft. Most of the offices are fully upgraded with wooden partitions, pantries, bathrooms , meeting rooms and reception areas. Some of the units have glass partitions. One can also find connected office spaces in Palace Tower 1. These are ideal for medium sized businesses with multiple departments.

Studio
1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 6 hours ago

According to Bayut, studio apartments in Palace Towers enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. 1-bed apartments take up the third position on the list.

Recent Rental Transactions in Palace Towers

AED 50,400 Yearly Renewal25 May 2025
Palace Tower 2
Apartments1 Bed
Built-Up: 764 sqft Duration: 12 months
AED 55,000 Yearly New1 May 2025
Palace Tower 2
Apartments1 Bed
Built-Up: 794 sqft Duration: 12 months
AED 39,000 Yearly Renewal1 May 2025
Palace Tower 2
ApartmentsStudio
Built-Up: 431 sqft Duration: 12 months
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The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Apartment TypeAverage Rental Price in AED
Studio44,000
1-Bed63,000
2-Bed85,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago
Min stay 5 nights required!! bring all reasonable offers!!! Exclusive Studio in Silicon Oasis - Palace Tower T2
AED500daily
beds
Studio
baths
1
area
445 sqft
Min stay 5 nights required!! bring all reasonable offers!!! Exclusive Studio in Silicon Oasis - Palace Tower T2Palace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
UNFURNISHED -READY TO MOVE IN 1 B/R HALL
AED52,000Yearly
beds
1
baths
1
area
826 sqft
UNFURNISHED -READY TO MOVE IN 1 B/R HALLPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Spacious Studio with Balcony I High Floor I Chiller Free I Prime Location
AED43,000Yearly
beds
Studio
baths
1
area
482 sqft
Spacious Studio with Balcony I High Floor I Chiller Free I Prime LocationPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Modern Studio with 1 Bathroom  481.68 Sq ft in DSO | AED 45K/Year | 4 Cheques
AED45,000Yearly
beds
Studio
baths
1
area
482 sqft
Modern Studio with 1 Bathroom 481.68 Sq ft in DSO | AED 45K/Year | 4 ChequesPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Chiller Free | Large  1BHK Available for Rent in Dubai Silicon Oasis
AED52,000Yearly
beds
1
baths
1
area
826 sqft
Chiller Free | Large 1BHK Available for Rent in Dubai Silicon OasisPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Furnished Studio With Balcony Palace Tower DSO
AED45,000Yearly
beds
Studio
baths
1
area
481 sqft
Furnished Studio With Balcony Palace Tower DSOPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Fully Furnished with Bills | Spacious Balcony | Prime Location
AED60,000Yearly
beds
Studio
baths
1
area
510 sqft
Fully Furnished with Bills | Spacious Balcony | Prime LocationPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
LUXURY FURNISHED| COMMUNITY VIEW| IMMACULATE CONDITION
AED43,000Yearly
beds
Studio
baths
1
area
431 sqft
LUXURY FURNISHED| COMMUNITY VIEW| IMMACULATE CONDITIONPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Spacious 2BR Apartment for Rent in Dubai Silicon Oasis | Prime location & Great Amenities
AED70,000Yearly
beds
2
baths
1
area
1,023 sqft
Spacious 2BR Apartment for Rent in Dubai Silicon Oasis | Prime location & Great AmenitiesPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
INCLUSIVE BILLS | LUXURY FURNISHED | HUGE LAYOUT
AED58,999Yearly
beds
Studio
baths
1
area
510 sqft
INCLUSIVE BILLS | LUXURY FURNISHED | HUGE LAYOUTPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Fantastic fully furnished Studio in Palace Tower, DSO
AED5,299Monthly
beds
Studio
baths
1
area
490 sqft
Fantastic fully furnished Studio in Palace Tower, DSOPalace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Stylish 1BR Apartment in DSO | Flexible Rent Options I Fully Furnished
AED77,999Yearly
beds
1
baths
2
area
765 sqft
Stylish 1BR Apartment in DSO | Flexible Rent Options I Fully FurnishedPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Min 5 nights stay is required! Fantastic Studio In Palace Tower, DSO
AED200daily
beds
Studio
baths
1
area
490 sqft
Min 5 nights stay is required! Fantastic Studio In Palace Tower, DSOPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Min stay 5 nights is required! A Classic Studio In The Palace Tower, Dubai Silicon Oasis
AED200daily
beds
Studio
baths
1
area
345 sqft
Min stay 5 nights is required! A Classic Studio In The Palace Tower, Dubai Silicon OasisPalace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
A Classic Studio in the Palace Tower, Dubai Silicon Oasis
AED5,299Monthly
beds
Studio
baths
1
area
345 sqft
A Classic Studio in the Palace Tower, Dubai Silicon OasisPalace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Recent Sale Transactions in Palace Towers

AED 500,00028 Apr 2025
Palace Tower 2
Apartments1 Bed
Built-Up: 794 sqft
AED 601,50024 Apr 2025
Palace Tower 2
Apartments1 Bed
Built-Up: 794 sqft
AED 440,00023 Apr 2025
Palace Tower 2
ApartmentsStudio
Built-Up: 459 sqft
lightbulb

The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Apartment TypeAverage Sales Price in AED
Studio455,000
1-Bed648,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago
Upgraded kitchen & bathroom I 9% ROI I Fully furnished
AED700,000
beds
1
baths
1
area
784 sqft
Upgraded kitchen & bathroom I 9% ROI I Fully furnishedPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Lowest Price | High Floor
AED399,999
beds
Studio
baths
1
area
344 sqft
Lowest Price | High FloorPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
RENTED | 2 BEDROOM IN PALACE TOWER | HIGH FLOOR
AED850,000
beds
2
baths
1
area
1,023 sqft
RENTED | 2 BEDROOM IN PALACE TOWER | HIGH FLOORPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
BRIGHT & SHINY | HIGHER FLOOR | COMMUNITY VIEW
AED430,000
beds
Studio
baths
1
area
470 sqft
BRIGHT & SHINY | HIGHER FLOOR | COMMUNITY VIEWPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Investors Deal | High ROI | Prime Location
AED840,000
beds
2
baths
2
area
989 sqft
Investors Deal | High ROI | Prime LocationPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Affordable 2-BHK in High-Demand Location
AED920,000
beds
2
baths
2
area
990 sqft
Affordable 2-BHK in High-Demand LocationPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Best View | Friendly Community | Ready To Move In
AED450,000
beds
Studio
baths
1
area
431 sqft
Best View | Friendly Community | Ready To Move InPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Tameer | 2Br Ready | Fully Furnished High floor
AED870,000
beds
2
baths
2
area
990 sqft
Tameer | 2Br Ready | Fully Furnished High floorPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Spacious Studio available for sale in Palace Tower 2 Silicon Oasis Just in 445000
AED445,000
beds
Studio
baths
1
area
481 sqft
Spacious Studio available for sale in Palace Tower 2 Silicon Oasis Just in 445000Palace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Best Price | Chiller Free | Vacant Soon
AED425,000
beds
Studio
baths
1
area
344 sqft
Best Price | Chiller Free | Vacant SoonPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
PRIME LCATION | LARGE LAYOUT | WITH BALCONY
AED450,000
beds
Studio
baths
1
area
482 sqft
PRIME LCATION | LARGE LAYOUT | WITH BALCONYPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
INVESTOR DEAL || REDY TO MOVE IN || PRIME LOCATION
AED900,000
beds
2
baths
2
area
947 sqft
INVESTOR DEAL || REDY TO MOVE IN || PRIME LOCATIONPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
Chiller Free | Rented Studio with Balcony | DSO
AED480,000
beds
Studio
baths
1
area
482 sqft
Chiller Free | Rented Studio with Balcony | DSOPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
2BR SALE | WELL MAINTAINED UNIT | WISE INVESTMENT
AED645,000
beds
2
baths
2
area
775 sqft
2BR SALE | WELL MAINTAINED UNIT | WISE INVESTMENTPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
FULLY FURNISHED | STUDIO | PRIME LOCATION
AED500,000
beds
Studio
baths
1
area
471 sqft
FULLY FURNISHED | STUDIO | PRIME LOCATIONPalace Tower 2, Palace Towers, Dubai Silicon Oasis (DSO), Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Rental Yield in Palace Towers, Silicon Oasis

Studio
1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 6 hours ago

Studio apartments offer the highest ROI in Palace Towers of 10.00%. 1-bed apartments generate about 9.04% return on investment. 2-bedroom flats offer an ROI of about 7.80%.

Service Charges in Palace Towers, Silicon Oasis

The service charges for the commercial units in Palace Towers, DSO are as follow:

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
1.51
Maintenance
info
General repairs and replacements
3.10
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
4.42
Management Services
info
Owner’s association charges for managing the property
0.82
Insurance
info
Charge for the insurance of the building
0.21
Master Community
info
Fees for communal facilities in the neighbourhood
1.25
Adjustment
info
The difference between the estimated amount charged the previous year vs the actual amount spent
-4.07
Income
info
A credit or debit charge
0.03
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
1.91
Total 9.18

Following is the service charges table for the residential units in Palace Towers, Silicon Oasis

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
1.99
Maintenance
info
General repairs and replacements
3.41
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
2.67
Management Services
info
Owner’s association charges for managing the property
0.93
Insurance
info
Charge for the insurance of the building
0.24
Master Community
info
Fees for communal facilities in the neighbourhood
1.40
Adjustment
info
The difference between the estimated amount charged the previous year vs the actual amount spent
-5.68
Income
info
A credit or debit charge
0.04
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
2.15
Total 7.15
ADDITIONAL SERVICESPRICE PER SQ. FT. IN AED
Additional Charges 6.25

These figures are based on the services charges for Palace Towers, Silicon Oasis* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near Palace Towers, Silicon Oasis

Bus service users won’t face any issues as there are multiple bus stations near Palace Towers, Silicon Oasis that are located over a three-minute walk. Residents who don’t own a driving license or a vehicle have the option of using taxi services instead. The key routes for transportation near Palace Towers include Academic City Road (D54) and Dubai – Al Ain Road (E66).

Bus Stations near Palace Towers, Silicon Oasis

Palace Towers, Silicon Oasis have two bus stations with its name. These are located just outside the complex and form a route for buses 320 and X25. Silicon Oasis Lake 1 and Silicon Oasis SIT Tower 2 are the other two options available at a 4-minute walking distance.

Metro Stations near Palace Towers, Silicon Oasis 

There are no metro stations within immediate vicinity. However, people can take a 14-minute drive to Rashidiya Metro station to take a metro train from there. They can keep their cars safe at the station’s free parking facility.

Restaurants near Palace Towers, Silicon Oasis

Palace Towers, Silicon Oasis is surrounded by multiple restaurants and cafes with both budget-friendly and upscale dining options. However, if you are looking for the best places to eat out, you can consider the following top restaurants in DSO.

  • My Home Kitchen
  • Copper Kettle
  • The Monk

If you are looking for a healthy option, you can find Healthy Fusion, Health and Diet and Circle Cafe within a few minutes’ drive. There are many outlets within a 10-minute drive offering fast foods such as McDonalds, New York Fries, Hardees and Popeyes. For an exceptional dining experience with your partner, friends or family, you can book a private table at anyone of the following restaurants:

  • Gaia
  • Shanghai Me
  • Il Borro
  • Wakame

These are the top restaurants in Dubai with private dining options. Also, they offer a table with a price quote of less than AED 300 per person. If you are willing to spend more than AED 300 per person for the table, you can consider other options such as At.Mosphere and Zuma.

Supermarkets near Palace Towers, Silicon Oasis

Residents of Palace Towers, Silicon Oasis can checkout the top grocery stores and supermarkets in DSO where they can find all the household essentials at a very reasonable price. Some nearest ones include:

  • Choithrams
  • Jannath Al Madeena grocery
  • Al Maya Supermarket

Choithrams in Spring Oasis Tower and Al Maya in Silicon Gates 1 are two nearby stores that are easily accessible on foot. For more deals and promotions, you can head to Carrefour located in Binghatti Terraces, 7-minute away by car,

Nearby Buildings

Palace Towers, Silicon Oasis have many residential buildings in the vicinity offering affordable apartments for rent in DSO. Most of the buildings in the area offer studios to 3-bedroom flats with their average annual rents lying between AED 25k and AED 79k. Silicon Gates, Axis Residence, La Vista Residence and Arabian Gates have many flats for rent. Apart from that, they are also one of the popular buildings for buying flats in DSO, with high return on investments. which is around 7.5%.

Major Landmarks

Dubai Miracle Garden
Dubai Miracle Garden is a famous landmarks in Dubai
  • Silicon Park
  • Miracle Garden
  • Desert Palm Polo Club

Palace Towers, Silicon Oasis have many parks in the vicinity, providing green spaces for unwinding. Silicon Park and Desert Palm Polo Club are both reachable within a 15-minute drive from the building. Dubai Miracle Garden which is a haven for the nature lovers is accessible within a 16-minute drive. You can also find Dubai Autodrome and Plantation Equestrian and Polo Club near the garden.

Palace Towers Silicon Oasis location makes it close to entertainment spots like IMG World of Adventure and Global Village within a 15-minute drive. The famous Dragon Mart is also just an 11-minute drive away, where you can shop, eat or watch a movie at their cinema.

Things to Consider

Considering the facilities offered in Palace Towers, Silicon Oasis, it is a top-notch project with a comfortable living and working environment. You can keep yourself fit with its fitness club while unwind at the landscaped podium decks. However, there are multiple undergoing construction projects in the vicinity which may cause noise pollution to people living in Dubai Silicon Oasis.

FAQs

WHERE IS PALACE TOWERS LOCATED?

Palace Towers is located in Dubai Silicon Oasis.

WHAT TYPES OF PROPERTIES ARE AVAILABLE IN PALACE TOWERS?

It is a mixed-use building offering apartments and office spaces.

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