Building · Dubai Silicon Oasis
Properties for sale in Palace Tower 2
Nothing for sale here with McCone right now — 1,028 sales are on record at the Dubai Land Department, below.
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 483 a square foot, and it has recovered 88% since. It is still 10% below its 2015 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Per sq ft | Sales |
|---|---|---|---|---|
| Studio | 431 sqft | 387,500 | 909 | 92 |
| 1 B/R | 794 sqft | 570,000 | 726 | 21 |
| 2 B/R | 990 sqft | 825,000 | 833 | 15 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Palace Tower 2
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 21 Aug 2026 | 2 B/R | 990 | 860,000 | 869 |
| 20 Aug 2026 | Studio | 344 | 390,000 | 1,135 |
| 22 Jul 2026 | Studio | 459 | 445,000 | 969 |
| 20 Jul 2026 | Studio | 472 | 320,000 | 678 |
| 14 Jul 2026 | Studio | 431 | 400,000 | 927 |
| 9 Jul 2026 | Studio | 431 | 460,000 | 1,067 |
| 3 Jul 2026 | Studio | 470 | 470,000 | 999 |
| 29 Jun 2026 | 1 B/R | 826 | 555,000 | 672 |
| 20 May 2026 | Studio | 459 | 407,000 | 887 |
| 5 May 2026 | 2 B/R | 990 | 880,000 | 889 |
| 15 Apr 2026 | Studio | 482 | 470,000 | 976 |
| 15 Apr 2026 | Studio | 431 | 450,000 | 1,043 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 1,028 sales on record, 358 were bought off-plan from the developer and 670 were resales of a finished home. The changeover in 2010 is the handover. The 2026 bar is part-year.
In context
Where it sits in Dubai Silicon Oasis
Palace Tower 2 is the 23rd most expensive of the 32 Dubai Silicon Oasis buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 20 | Silicon Heights 2 | 18 | 965 |
| 21 | La Vista Residence 3 | 16 | 961 |
| 22 | Topaz Residence 3 | 16 | 951 |
| 23 | Palace Tower 2 | 39 | 934 |
| 24 | Spring Oasis | 20 | 916 |
| 25 | Silicon Gates 1 | 66 | 875 |
| 26 | Silicon Heights | 17 | 857 |
Dubai Silicon Oasis as a whole: AED 1,315 a square foot across 2,091 sales in the last twelve months.