Dubai Building Guide

Palace Tower 1 Silicon Oasis

Dubai buildings

Palace Tower 1 Silicon Oasis

Silicon Oasis

Palace Tower 1 is a distinguished residential building located in the thriving Silicon Oasis community, known for its blend of modern living and technological innovation.

Community

Silicon Oasis

Building type

Residential Tower

Completion

2019

Floors / units

15

About

About Palace Tower 1 Silicon Oasis

Palace Tower 1 Silicon Oasis is a modern residential tower offering a blend of luxury and comfort. Strategically located in the Silicon Oasis community, it provides easy access to major highways and public transport, making it ideal for both professionals and families. Notable amenities include landscaped gardens, children's play areas, and a rooftop terrace.

Modern Architectural Design

The building features a contemporary design that appeals to residents and businesses alike.

Proximity to Amenities

Located near shopping centers, schools, and parks, providing convenience to residents.

Secure Environment

24/7 security services ensure a safe living and working environment.

Building facts

Palace Tower 1 Silicon Oasis facts and source signals

Developer
Palace Properties
Completion
2019
Floors
15
Unit mix
Average 1,200 sq. ft.
Building type
Residential Tower
Construction start
2016
Consultant
ABC Architects
Coordinates
25.11598, 55.38881

Decision context

What to know before shortlisting Palace Tower 1 Silicon Oasis

Amenities and living fit

  • Open-air swimming pool
  • Fully-equipped gym
  • Children's play area
  • Landscaped gardens
  • Barbecue area

Profile ratings

Family Friendliness4.0/5

Moderately Welcoming. The community is generally family-friendly, with several amenities that cater to children, but there are a few areas th...

Living Options4.5/5

Diverse Selection. Offers a range of living options including spacious apartments and modern layouts that accommodate various family sizes...

Safety And Security4.8/5

Highly Secure. Security measures in place are impressive, with controlled access points and regular patrols, making residents feel ver...

Transportation3.7/5

Conveniently Accessible. Public transport options are adequate, with bus services nearby; however, access to metro connections requires a bit of...

Investor watch points

  • Limited Parking Space - Residents often face challenges finding parking, especially during peak hours.
  • Higher Maintenance Fees - Monthly fees can be on the higher side compared to other buildings in the area.
  • Occasional Noise Issues - Some residents report noise disturbances from nearby construction and traffic.
  • Future Development in the Area - Potential for increased property value as the surrounding region continues to develop.
  • Community Engagement Opportunities - Consider participating in community events to foster a sense of belonging.

Community benchmark evidence

Community benchmark sales near this building

DateBedsProject/buildingSale amountSale PSF
Jun 25, 20262 BRThe Eighty EightAED 1,600,538AED 1,230/sqft
Jun 25, 20262 BRThe Eighty EightAED 1,562,796AED 1,200/sqft
Jun 25, 20261 BRThe Eighty EightAED 1,097,789AED 1,200/sqft
Jun 25, 20261 BRTriaAED 1,000,000AED 1,241/sqft
Jun 25, 20261 BRLe Presidium 2AED 950,000AED 1,048/sqft

Community benchmark evidence

Community benchmark rentals near this building

DateBedsProject/buildingAnnual rentRent PSF
Jun 24, 20264plus BRCedre VillasAED 245,000/yrAED 65/sqft
Jun 18, 20262 BRDHP ResidencyAED 95,000/yrAED 75/sqft
Jun 18, 20262 BRSilicon Gates 1AED 90,000/yrAED 66/sqft
Jun 16, 20264plus BRCedre VillasAED 225,000/yrAED 60/sqft
Jun 12, 20264plus BRSemmer VillasAED 179,314/yrAED 58/sqft

Location context

Nearby schools, amenities and transport

Amenities nearby

  • Al Maya Supermarket · supermarkets · 0.25 km
  • Yas Mini Mart · supermarkets · 0.37 km
  • Zaal Mini Mart · supermarkets · 0.54 km
  • Fresh and Plus Mart · supermarkets · 0.64 km

Transport nearby

  • Creek · Green · 12.09 km
  • Downtown Dubai (Air taxi-Vertiport-2) · 14.56 km
  • Emirates · Red · 15.07 km
  • Rashidiya · Red · 15.14 km

Investor questions

Palace Tower 1 Silicon Oasis questions investors usually check

Where is Palace Tower 1 Silicon Oasis located?

Palace Tower 1 Silicon Oasis is in Silicon Oasis. Use the community profile and nearby transport, school and amenity context to compare the location before shortlisting.

What type of building is Palace Tower 1 Silicon Oasis?

Palace Tower 1 Silicon Oasis is profiled as Residential Tower. Completion evidence: 2019. Unit mix: Average 1,200 sq. ft..

Is there transaction evidence for Palace Tower 1 Silicon Oasis?

PropertyStellar shows 10 recent sale rows and 10 recent rental rows for this building or its benchmark context.

How should investors compare Palace Tower 1 Silicon Oasis?

Compare Palace Tower 1 Silicon Oasis with same-community buildings, nearby schools, transport access, rent evidence and the community investment profile rather than relying on a single listing headline.

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Palace Tower 1 Silicon Oasis | Rent & Location