Palace Tower

Palace Towers is a prominent mixed-use development located in Dubai Silicon Oasis. Developed by Tameer Holdings, the project comprises two towers: Palace Tower 1 and Palace Tower 2. Construction began in March 2007 and was completed by August 2009 .​

Palace Tower 1 is a 24-storey residential building offering a range of studio, one, and two-bedroom apartments. The tower stands at a height of 135 meters (443 feet) . Its strategic location in Dubai Silicon Oasis provides residents with easy access to major highways, educational institutions, and commercial centers. The community is known for its family-friendly environment, featuring parks, schools, and healthcare facilities.​

Palace Tower 2 complements its counterpart by offering both residential and commercial spaces. The tower includes a variety of studio, one, and two-bedroom apartments, catering to diverse lifestyle needs. Residents benefit from amenities such as a gymnasium, swimming pool, and 24-hour security. The mixed-use nature of the development fosters a vibrant community atmosphere, making it an attractive option for investors and end-users alike.​

The average annual rent for apartments in Palace Tower 2 is approximately AED 41,378 . The development’s location within Dubai Silicon Oasis, a technology park and free zone, adds to its appeal for professionals working in the tech industry. With its blend of residential comfort and commercial convenience, Palace Towers stands as a significant landmark in Dubai’s real estate landscape.​