AED 320,000/ year
Single Row | Maids Room | Gated Community
Cluster A · 5 bed · 6 bath · 4,861 sqft
Building · Dubai Silicon Oasis
Properties for rent in Palace Tower 2
Nothing for rent here with McCone right now — 251 tenancies naming Palace Tower 2 were registered in the last twelve months, below.
Every recorded sale in Palace Tower 2 — prices, sizes and the year it was handed over →
Recorded rent per sq ft
AED 84
a year · 251 contracts here, 12 months
Gross yield
10.1%
Studio · its own rents over its own sale prices
Recorded sale price
AED 934
per sq ft · 1,028 sales on record
Handed over
2010
Derived from the register
Recorded rents
What Palace Tower 2 rents for, by layout
Tenancies registered with Ejari that name Palace Tower 2, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Per sq ft / year | Contracts |
|---|---|---|---|---|
| Studio | 431 sqft | 40,000 | 92 | 174 |
| 1 B/R | 794 sqft | 53,926 | 67 | 46 |
| 2 B/R | 990 sqft | 70,000 | 74 | 31 |
Layouts with fewer than five contracts in the year are left out. 734 contracts name this building on the register since 2023.
For comparison
Recorded rents in Dubai Silicon Oasis
How Palace Tower 2 sits against its community. The full Dubai Silicon Oasis rental report →
| Layout | Median rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 40,000 | 43,000 | 38,500 | 89 | 3,572 |
| 1 B/R | 54,000 | 60,000 | 50,400 | 66 | 8,318 |
| 2 B/R | 75,000 | 85,000 | 72,000 | 61 | 3,066 |
| 3 B/R | 120,000 | 145,000 | 115,500 | 56 | 828 |
| 4 B/R | 174,451 | 225,000 | 172,500 | 37 | 630 |
| 5 B/R | 250,000 | 270,000 | 203,280 | 41 | 80 |
Rent against price
Gross yield in Palace Tower 2
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 1 B/R | 67 | This building · 46 | 726 | 9.2% |
| 2 B/R | 74 | This building · 31 | 833 | 8.9% |
| Studio | 92 | This building · 174 | 909 | 10.1% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Palace Tower 2
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 2 Sept 2026 | Studio | 459 | 38,000 | New lease |
| 1 Sept 2026 | Studio | 454 | 38,000 | New lease |
| 1 Sept 2026 | Studio | 514 | 33,351 | Renewal |
| 1 Sept 2026 | 2 B/R | 990 | 78,000 | Renewal |
| 31 Aug 2026 | Studio | 431 | 34,000 | New lease |
| 30 Aug 2026 | Studio | 510 | 43,500 | New lease |
| 28 Aug 2026 | Studio | 344 | 49,248 | New lease |
| 28 Aug 2026 | Studio | 344 | 36,000 | New lease |
| 28 Aug 2026 | Studio | 344 | 35,000 | New lease |
| 27 Aug 2026 | 1 B/R | 794 | 65,000 | New lease |
| 25 Aug 2026 | 1 B/R | 826 | 50,000 | New lease |
| 20 Aug 2026 | Studio | 344 | 35,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Palace Tower 2, stacked.New leaseRenewal
96
230
259
149
2023202420252026
149 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Dubai Silicon Oasis
Homes to rent in Dubai Silicon Oasis now
Our live rental stock in the community. Everything for rent in Dubai Silicon Oasis →
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.