Shey monastery and palace is located 15 kilometers from Leh town on the Leh - Manali road. Shey palace and the monastery were built in the 16th Century AD. The monastery enshrines the Du-Khang with an almost 10 meter high copper statue of Lord Buddha.
The Shey palace was built by King Deledan Nagmyal and Shey Palace boasts of the largest victory stupa in Leh, the top of which is made of pure gold. The Shey Palace was the abode of the royal family till 1834 AD when they moved to the Stok palace. The Shey Palace has been taken over by ASI for conservation.