Dubai Silicon Oasis
27-storey office building in Dubai Silicon Oasis.
Specifications for Palace Tower 2 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Palace Tower 2 is a 27-storey office building in Dubai Silicon Oasis.
The database currently holds 2 lots in this project, from 550 000 AED; 1 of them priced below the market, the deepest discount 19%.
A 27-storey tower in Dubai Silicon Oasis. The passport classifies the building as an office building, while all fifteen of our lots are apartments — a discrepancy to resolve before any deal.
Palace Tower 2 is a 27-storey tower in Dubai Silicon Oasis. The object passport lists the building as office use and as completed; the developer isn't listed in the reference database.
At the same time, all fifteen lots we hold at this address are residential apartments with 1–3 bedrooms, sized from 433 to 1,914 square feet.
A mismatch like this between a building's classification and the actual mix of listings comes up regularly in Dubai and almost always means one of two things: either the building is mixed-use, with residential and office floors side by side, or some units are being used outside their registered purpose.
A unit's registered use determines practical things: whether a residential tenancy can be registered against it, which utility tariffs apply, what gets written into the contract, and how a bank will value the unit for a mortgage.
A buyer of an apartment in a building with an office classification needs a direct answer to three questions: what's recorded on the title of the specific unit, whether residential leasing is permitted under the building's rules, and how this was documented by previous owners.
The answer to these questions comes from documents, not a broker: the title deed and the community rules. Without them, the price in a listing is meaningless, because it's unclear what's actually being sold.
Prices for our lots run from AED 550,000 to 9.3 million, with a median of AED 5.6 million. The average price per square foot is around AED 4,371 — very high for Dubai Silicon Oasis: the district sits in the mid-tier segment, and a price per foot like that isn't the norm there.
A spread from 0.55 to 9.3 million at a single address is another signal of inconsistency. The lower bound of AED 550,000 at 433 square feet looks like a different type of unit altogether, not just a small apartment.
The practical conclusion is simple: this address requires document verification before any conversation about price. Both the classification and the ownership rights and the composition of the offer need confirming here.
propsearch object passport (storeys, building type, district, stage) and our own stock as of 28 August 2026: 15 lots — price range and median, sizes, price per square foot, bedroom mix. The mismatch between the building's office classification and the residential mix of the offer is presented as a fact from two sources, not as a conclusion.
The complex's first tower — Palace Tower 1 →The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
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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.
The database currently holds 2 lots in this project, from 550 000 AED; 1 of them priced below the market, the deepest discount 19%. The list changes daily — I will send a fresh selection for the building on request.
What has been written about the building, its developer and Dubai Silicon Oasis
Keeta Drone has signed an MoU with Sobha Realty to bring drone delivery to Sobha Hartland, home to 11 000+ residents — the service's first tie-up with a developer's smart community in the UAE. It already flies in Dubai Silicon Oasis and Nad Al Sheba. What it changes for tenants and owners.
A technology park with housing inside it and universities alongside. Ownership is not the standard freehold, and the tenant pool comes with an academic calendar.
In a district with universities, a noticeable share of rental demand comes from students and teaching staff. That demand runs on its own calendar and has its own requirements.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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