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Ready building · Tameer

Palace Tower T2, Nadd Hessa

Highlights

Palace Tower T2 at a glance

About Palace Tower T2

Palace Tower T2 is a mixed-use building in Nadd Hessa, Dubai, developed by Tameer. It holds about 424 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, 5-bedroom apartments. Depending on the unit, windows look out over Community.

The building was completed in 2009 and has been in use for about 17 years. 32 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 908 per sq ft.

Palace Tower T2 is one of 103 buildings in Nadd Hessa: 61 are complete and 13 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Nadd Hessa, Dubai
  • Developed by Tameer
  • Completed in Q4 2009
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, 4 Beds, 5 Beds
  • Sizes from 340 to 1,020 sq ft
  • Views: Community View
  • Service charge from AED 14.44 per sq ft
Status
Ready
Developer
Tameer
Location
Nadd Hessa, Dubai
Completed
Q4 2009
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds, 4 Beds, 5 Beds
Prices from
AED 255.0K
Median price per sq ft
AED 908
Median gross yield
9.2%
Service charge
AED 17 per sq ft (2026)
Nearest metro
Academic City, 1.3 km

Building details

Inside Palace Tower T2

Properties in Palace Tower T2

Studios in Palace Tower T2

There are about 141 of these in Palace Tower T2, from 340 to 510 sq ft. They have recently sold for a median of AED 428.0K, or AED 940 per sq ft. Owners who resold made a median 5% over what they paid.

1-bedroom apartments in Palace Tower T2

There are about 108 of these in Palace Tower T2, from 340 to 830 sq ft. They have recently sold for a median of AED 508.0K, or AED 900 per sq ft.

2-bedroom apartments in Palace Tower T2

There are about 151 of these in Palace Tower T2, from 340 to 1,020 sq ft. They have recently sold for a median of AED 833.0K, or AED 870 per sq ft. Owners who resold made a median 3% over what they paid.

3-bedroom apartments in Palace Tower T2

There are about 5 of these in Palace Tower T2, from 430 to 470 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Palace Tower T2

There are about 8 of these in Palace Tower T2, from 340 to 470 sq ft. They have recently sold for a median of AED 470.0K, or AED 1,000 per sq ft.

5-bedroom apartments in Palace Tower T2

There are about 11 of these in Palace Tower T2, from 340 to 510 sq ft. They have recently sold for a median of AED 377.0K, or AED 980 per sq ft.

Unit types in Palace Tower T2 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio141340 sqft31.6 sqmt – 510 sqft47.4 sqmtAED 428KAED 37.5K
1 Bed108340 sqft31.6 sqmt – 830 sqft77.1 sqmtAED 508KAED 50K
2 Beds151340 sqft31.6 sqmt – 1,020 sqft94.8 sqmtAED 833KAED 70K
3 Beds5430 sqft39.9 sqmt – 470 sqft43.7 sqmtNo recent sales–
4 Beds8340 sqft31.6 sqmt – 470 sqft43.7 sqmtAED 470K–
5 Beds11340 sqft31.6 sqmt – 510 sqft47.4 sqmtAED 377K–

Recent transactions in Palace Tower T2

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 395K

    AED 1,148 /sqftAED 12,357 /sqmt

    ReadyApartment
    344 sqft32 sqmtStudioOwner5 Oct 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 435K

    AED 926 /sqftAED 9,967 /sqmt

    ReadyApartment
    470 sqft43.7 sqmt2 BedsOwner1 Oct 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 840K

    AED 848 /sqftAED 9,128 /sqmt

    ReadyApartment
    990 sqft92 sqmt2 BedsOwner11 Sept 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 860K

    AED 869 /sqftAED 9,354 /sqmt

    ReadyApartment
    990 sqft92 sqmt2 BedsOwner21 Aug 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 390K

    AED 1,134 /sqftAED 12,206 /sqmt

    ReadyApartment
    344 sqft32 sqmt1 BedOwner20 Aug 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 445K

    AED 969 /sqftAED 10,430 /sqmt

    ReadyApartment
    459 sqft42.6 sqmtStudioOwner21 Jul 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 320K

    AED 678 /sqftAED 7,298 /sqmt

    ReadyApartment
    472 sqft43.9 sqmtStudioOwner17 Jul 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 400K

    AED 928 /sqftAED 9,989 /sqmt

    ReadyApartment
    431 sqft40 sqmtStudioOwner14 Jul 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 460K

    AED 1,067 /sqftAED 11,485 /sqmt

    ReadyApartment
    431 sqft40 sqmt1 BedOwner9 Jul 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 470K

    AED 1,000 /sqftAED 10,764 /sqmt

    ReadyApartment
    470 sqft43.7 sqmt4 BedsOwner3 Jul 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 555K

    AED 672 /sqftAED 7,233 /sqmt

    ReadyApartment
    826 sqft76.7 sqmt1 BedOwner26 Jun 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 417.7K

    AED 867 /sqftAED 9,332 /sqmt

    ReadyApartment
    482 sqft44.8 sqmt2 BedsOwner8 Jun 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 407K

    AED 887 /sqftAED 9,548 /sqmt

    ReadyApartment
    459 sqft42.6 sqmtStudioOwner20 May 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 880K

    AED 889 /sqftAED 9,569 /sqmt

    ReadyApartment
    990 sqft92 sqmt2 BedsOwner5 May 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 450K

    AED 1,044 /sqftAED 11,238 /sqmt

    ReadyApartment
    431 sqft40 sqmtStudioOwner15 Apr 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 470K

    AED 975 /sqftAED 10,495 /sqmt

    ReadyApartment
    482 sqft44.8 sqmtStudioOwner15 Apr 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 595K

    AED 720 /sqftAED 7,750 /sqmt

    ReadyApartment
    826 sqft76.7 sqmt1 BedOwner7 Apr 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 840K

    AED 848 /sqftAED 9,128 /sqmt

    ReadyApartment
    990 sqft92 sqmt2 BedsOwner6 Apr 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 440K

    AED 936 /sqftAED 10,075 /sqmt

    ReadyApartment
    470 sqft43.7 sqmtStudioOwner26 Mar 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 407K

    AED 887 /sqftAED 9,548 /sqmt

    ReadyApartment
    459 sqft42.6 sqmtStudioOwner9 Mar 2026

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 48K/yr

    ApartmentNew contract
    344 sqft32 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 48K/yr

    ApartmentNew contract
    344 sqft32 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 38K/yr

    ApartmentNew contract
    470 sqft43.7 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 50K/yr

    ApartmentRenewal
    794 sqft73.8 sqmt1 Bedto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 29K/yr

    ApartmentNew contract
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 65K/yr

    ApartmentNew contract
    990 sqft92 sqmt2 Bedsto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 90K/yr

    ApartmentRenewal
    990 sqft92 sqmt2 Bedsto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 39K/yr

    ApartmentNew contract
    470 sqft43.7 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 29K/yr

    ApartmentNew contract
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 10.8K/yr

    ApartmentNew contract
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 3.6K/yr

    ApartmentNew contract
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 45K/yr

    ApartmentNew contract
    470 sqft43.7 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 35K/yr

    ApartmentNew contract
    459 sqft42.6 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 35K/yr

    ApartmentNew contract
    344 sqft32 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 36K/yr

    ApartmentNew contract
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 42K/yr

    ApartmentNew contract
    344 sqft32 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 32.1K/yr

    ApartmentRenewal
    431 sqft40 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 39.4K/yr

    ApartmentNew contract
    482 sqft44.8 sqmtStudioto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 70K/yr

    ApartmentNew contract
    990 sqft92 sqmt2 Bedsto

  • Palace Tower T2, Palace Tower

    Dubai Silicon Oasis

    AED 37K/yr

    ApartmentRenewal
    344 sqft32 sqmtStudioto

Every sale in Palace Tower T2Every rent contract in Palace Tower T2

Service charges in Palace Tower T2

The 2026 service charge in Palace Tower T2 is AED 14.44 per sq ft for commercial units, AED 14.44 per sq ft for offices, AED 17 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 708 a year.

Service charges in Palace Tower T2
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 17340 sqft31.6 sqmt – 830 sqft77.1 sqmtAED 5,780 – AED 14,110
2 Beds Apartment (2026)AED 17340 sqft31.6 sqmt – 1,020 sqft94.8 sqmtAED 5,780 – AED 17,340
3 Beds Apartment (2026)AED 17430 sqft39.9 sqmt – 470 sqft43.7 sqmtAED 7,310 – AED 7,990
4 Beds Apartment (2026)AED 17340 sqft31.6 sqmt – 470 sqft43.7 sqmtAED 5,780 – AED 7,990
5 Beds Apartment (2026)AED 17340 sqft31.6 sqmt – 510 sqft47.4 sqmtAED 5,780 – AED 8,670
Studio Apartment (2026)AED 17340 sqft31.6 sqmt – 510 sqft47.4 sqmtAED 5,780 – AED 8,670

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Palace Tower T2

Transportation near Palace Tower T2

Stations planned on new lines nearby include Academic City (blue line, 1.3 km, about 5 min drive) and Dubai Silicon Oasis (blue line, 1.7 km, about 5 min drive).

  • Academic CityBlue line · 1.3 km · about 5 min drive
  • Dubai Silicon OasisBlue line · 1.7 km · about 5 min drive
  • International City 2Blue line · 3.8 km · about 10 min drive
  • International City 1Blue line · 5.1 km · about 12 min drive
  • Auto MarketBlue line · 6.8 km · about 16 min drive
  • Dragon MartBlue line · 6.9 km · about 16 min drive

Shopping and groceries near Palace Tower T2

The closest is Spinneys / Dubai Silicon Oasis, 1 km from Palace Tower T2 (about 12 min walk).

  • Spinneys / Dubai Silicon OasisSupermarket · 1 km · about 12 min walk
  • Dubai Outlet MallShopping Mall · 4.9 km · about 12 min drive
  • Spinneys / International City, France ClusterSupermarket · 5 km · about 12 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 5 km · about 12 min drive
  • Dragon MartShopping Mall · 7 km · about 16 min drive

Restaurants and hotels near Palace Tower T2

The closest is Abidos Hotel Apartments, 3.2 km from Palace Tower T2 (about 8 min drive).

  • Abidos Hotel ApartmentsHotel · 3.2 km · about 8 min drive

Schools near Palace Tower T2

The nearest is GEMS Wellington Academy -Fze, 0.3 km away. Ratings are the KHDA's latest inspection grades.

  • GEMS Wellington Academy -FzeUK - UK/IB · KHDA: Very good · 0.3 km
  • Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 1.4 km
  • German International School DubaiGerman · KHDA: Not inspected due to COVID 19 · 1.4 km
  • Vernus International Primary School - FZCOAmerican · KHDA: Acceptable · 1.4 km
  • The Indian International School (Dso Branch)Indian · KHDA: Good · 1.5 km
  • Dubai English Speaking School - (College)UK · KHDA: Outstanding · 1.5 km

Other buildings in Nadd Hessa

Nadd Hessa has 103 buildings. A few others to compare Palace Tower T2 with:

All 103 Nadd Hessa buildings →

Things to consider about Palace Tower T2

In its favour

  • An active resale market: 32 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 5%.
  • A median gross yield of 9.2% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Completed 17 years ago: ask about maintenance and any planned refurbishment.

Specialists

Brokers who know Palace Tower T2

These brokers handle sales and lettings in Palace Tower T2 and can tell you what is available now.

FAQs

Palace Tower T2: questions answered

Palace Tower T2 was developed by Tameer in Nadd Hessa.

Palace Tower T2 is completed in Q4 2009.

Across its 20 most recent registered sales, Palace Tower T2 sold for a median of AED 908 per sq ft and AED 447.5K per unit.

Recent yearly contracts in Palace Tower T2 have a median rent of AED 39.2K.

The median gross yield on recently sold units in Palace Tower T2 is 9.2%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Palace Tower T2 is AED 17 per sq ft a year, as registered with the Dubai Land Department.

Palace Tower T2 has Studio (340 to 510 sq ft), 1 Bed (340 to 830 sq ft), 2 Beds (340 to 1,020 sq ft), 3 Beds (430 to 470 sq ft), 4 Beds (340 to 470 sq ft), 5 Beds (340 to 510 sq ft).

Academic City is about 1.3 km from Palace Tower T2.

The nearest schools include GEMS Wellington Academy -Fze (0.3 km), Lycee Francais International Georges Pompidou School (Dubai Branch) (1.4 km), German International School Dubai (1.4 km).

Buying, selling or renting in Palace Tower T2?

A broker who works Nadd Hessa will tell you what is available and what comparable homes went for.

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