24-storey residential building in Dubai Silicon Oasis.
Specifications for Palace Tower 1 per Propsearch and the Dubai Land Department.
They describe the whole building, not the individual unit.
About the project
Palace Tower 1 is a 24-storey residential building in Dubai Silicon Oasis.
Height — 135 metres.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
24 storeys and 135 metres in Dubai Silicon Oasis, a residential building. Seven of our lots with 1–3 bedrooms, from AED 2.5 to 8 million.
What kind of building this is
Palace Tower 1 is a residential high-rise in Dubai Silicon Oasis: 24 storeys, 135 metres, completed status. The developer isn't listed in the reference database.
This is the first of the complex's two towers, and the difference between them matters: the passport classifies Palace Tower 2 as an office building, and this one as residential. That explains the mismatch in the offer mix at the neighboring address, which we covered separately.
Our seven lots are apartments with 1–3 bedrooms, sized from 670 to 1,770 square feet.
What the numbers show
Prices run from AED 2.5 to 8 million at an average price of around AED 4,120 per square foot. That's a very high level for Dubai Silicon Oasis: the district sits in the mid-tier segment, and a price per foot like that isn't the norm there.
The same question came up for the neighboring tower, where the average worked out to AED 4,371 per foot. Two adjacent buildings with an equally anomalous price per foot for the district is reason to check the source data, rather than treat it as a feature of the address.
We have no discount data for this building: the field is blank for every lot. There's no way to judge bargaining room from our figures.
What to check
First — the size and price of the specific unit, in documents. When the price per square foot deviates twofold from the district level, the first thing to check isn't the market — it's the underlying figures.
Second — the unit's registered purpose from the title deed. In a complex where one tower is residential and the other office, mix-ups in the paperwork are especially likely.
Third — the district itself. Dubai Silicon Oasis is a working development with its own rental demand, without a premium for the address. Base the rate and price on actual district transactions.
propsearch object passport (storeys, height, building type, district, stage) and our own stock as of 28 August 2026: 7 lots — price range, sizes, price per square foot, bedroom mix. The discount field for this address is blank.
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Dubai Silicon Oasis.
Dubai Silicon Oasis. Dubai Silicon Oasis: a self-contained technology free zone with its own housing, schools and retail, on the eastern side of the city.
How much does an apartment in Palace Tower 1 cost?
Our database has no open listings for Palace Tower 1 at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
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