1-bed · 865 sqftCordoba Palace, Dubai Silicon Oasis · 1st floor · completed 2012

111, Cordoba Palace

Sold prices and rental history: sold 6 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 495K8 October 2024
Current rentAED 40K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Cordoba Palace

What is 111 worth today?

Last sold for AED 495,000 in 2024

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8 Oct 2024SoldReady
AED 495,000AED 572 per sqft
1 Apr 2024RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 Apr 2022RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Mar 2022RentedRenewal
AED 43,200/yr12 months · AED 50 per sqft
19 Jan 2018RentedNew contract
AED 46,874/yr12 months · AED 54 per sqft
2 Jul 2015RentedNew contract
AED 53,550/yr12 months · AED 62 per sqft
23 Oct 2014SoldReady
AED 600,000AED 693 per sqft
23 Jun 2013RentedNew contract
AED 46,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
1st of 9
Parking
B-006
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 495K · October 2024

About 111, Cordoba Palace

111 is a one-bedroom apartment of 865 sqft on the 1st floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 8 October 2024 for AED 495,000, or AED 572 per sqft, 11% below the AED 641 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 40,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Cordoba Palace
400K600K2009201420192024Typical sale price by year: 2009 AED 700,345; 2010 AED 568,926; 2011 AED 346,507; 2012 AED 376,200; 2013 AED 475,000; 2014 AED 670,000; 2015 AED 698,874; 2016 AED 625,000; 2017 AED 630,000; 2019 AED 420,000; 2020 AED 360,000; 2021 AED 392,500; 2022 AED 495,000; 2023 AED 525,000; 2024 AED 530,000Sold by developer, February 2012: AED 325,196 (AED 376 per sqft)Sold, October 2012: AED 372,395 (AED 430 per sqft)Sold, October 2012: AED 325,196 (AED 376 per sqft)Sold, June 2013: AED 577,850 (AED 668 per sqft)Sold, October 2014: AED 600,000 (AED 693 per sqft)Sold, October 2024: AED 495,000 (AED 572 per sqft)

111 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in Cordoba Palace
40K60K2012201620202024Typical rent by year: 2012 AED 38,000; 2013 AED 37,800; 2014 AED 46,200; 2015 AED 58,000; 2016 AED 57,500; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 36,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 42,000; 2024 AED 48,000; 2025 AED 50,000; 2026 AED 57,000New contract, June 2013: AED 46,000 a yearNew contract, July 2015: AED 53,550 a yearNew contract, January 2018: AED 46,874 a yearRenewal, March 2022: AED 43,200 a yearRenewal, April 2022: AED 31,000 a yearRenewal, April 2024: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Cordoba Palace, and where 111 sits

All 64 1-beds →

111 last sold in October 2024 at AED 572 per sqft, 11% below what one-beds in Cordoba Palace were fetching at the time (AED 641). Over the last 12 months one-beds sold for AED 760,000, around AED 750 per sqft, and rent for AED 40,000 to 57,000 a year. 111's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jun 2025650,000
11 Nov 20241,010,000
9 Oct 2024738,000
3 Jun 2024525,000
1 1-bed sale in the last 12 months

Cordoba Palace

Building

133 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2012 by Sarhank Kader Developers .. 2 sold in the last 12 months.

Typical price per sqft
AED 967
Typical sale
AED 630K
Typical rent
AED 41K /yr
Typical yield
8.4%
Cordoba Palace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 133 units in Cordoba Palace
Value
1011-bedAED 350K · Mar 2021
1021-bedAED 525K · May 2023
103StudioAED 285K · May 2023
104StudioAED 420K · Jan 2025
105StudioAED 352K · Mar 2014
1061-bedAED 444K · Dec 2012
107StudioAED 275K · Mar 2023
1–7 of 15

111, Cordoba Palace in numbers

  • Sold 6 times: first on 22 February 2012 for AED 325,196, last on 8 October 2024 for AED 495,000 (AED 572 per sqft).
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 31,000 in 2022 and recovered to AED 40,000 by April 2024.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 12,600 a year (AED 14.59 per sqft).
  • One-beds in Cordoba Palace sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 967 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2024.

Questions about 111, Cordoba Palace

What did unit 111 last sell for?

AED 495,000 on 8 October 2024: AED 572 per sqft for 865 sqft. The unit has 6 registered sales; the first was AED 325,196 in February 2012.

What is the rent for unit 111?

AED 40,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2022, was AED 31,000; the unit has been rented since June 2013.

How big is unit 111?

865 sqft (80.4 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2012.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cordoba Palace sold for AED 760,000 to 760,000 in the last 12 months, around AED 750 per sqft.

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Mortgage on 111, Cordoba Palace

Starts from the last sale price (AED 495K, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →