Palacio Tower

by SRG · 📍 Dubai Silicon Oasis

Palacio Tower

About the project

Fourteen-storey mixed-use building in Dubai Silicon Oasis with 326 apartments and 15 retail units.

Construction progress

Finished

100% complete; completed 3 Dec 2009.

Official RERA site-inspection records for registered project #843, updated daily.

How it compares in Dubai Silicon Oasis

36 other off-plan projects in Dubai Silicon Oasis · average entry price AED 917,000

Palacio Tower: questions and answers

When is the handover of Palacio Tower?

The Dubai Land Department project register lists the completion date of Palacio Tower as December 2009.

How much of Palacio Tower is built?

Palacio Tower is 100% complete according to the Dubai Land Department project register.

Is Palacio Tower registered with the Dubai Land Department?

Yes. Palacio Tower is registered with the Dubai Land Department as project number 843, and its escrow account is held at Emirates Nbd Bank (P.J.S.C). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.

Who is the developer of Palacio Tower?

Palacio Tower is developed by SRG. The Dubai Land Department project register lists 4 projects for SRG: 3 delivered and 1 under construction.

Where is Palacio Tower located?

Palacio Tower is in Dubai Silicon Oasis, Dubai.

What unit types does Palacio Tower offer?

The project has 336 units in the Dubai Land Department project register.

What is the average price per sqft in Silicon Oasis?

Apartments in Silicon Oasis sell for about AED 997/sqft (AED 10,736/m²), based on 554 registered sales since 2023.

What rental yield can I expect in Silicon Oasis?

Apartments in Silicon Oasis yield about 6.1% gross, or about 4.7% net after service charges, based on 62,967 registered rent contracts and 554 sales since 2023.

What are the service charges in Silicon Oasis?

Service charges for apartments in Silicon Oasis are about AED 13.85/sqft (AED 149/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.

Explore more

More off-plan projects by SRG

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Source: developer’s official website. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 14 Jun 2026.