1-bed · 1,033 sqftCordoba Palace, Dubai Silicon Oasis · 2nd floor · completed 2012

215, Cordoba Palace

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 700K14 March 2016
Current rentAED 60K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Cordoba Palace

What is 215 worth today?

Last sold for AED 700,000 in 2016

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1 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
25 Sep 2023RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
19 Aug 2020RentedNew contract
AED 40,000/yr13 months · AED 39 per sqft
19 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
14 Mar 2016SoldReady
AED 700,000AED 677 per sqft
25 Jun 2015RentedNew contract
AED 62,000/yr12 months · AED 60 per sqft
3 Feb 2014Sold by developerReady
AED 710,000AED 687 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,033 sqft
Floor
2nd of 9
Parking
B-015
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 15,100 /yr
Last sold
AED 700K · March 2016

About 215, Cordoba Palace

215 is a one-bedroom apartment of 1,033 sqft on the 2nd floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 14 March 2016 for AED 700,000, or AED 677 per sqft, 14% below the AED 788 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 60,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 15,100 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Cordoba Palace
400K600K20092013201720212025Typical 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 2014: AED 710,000 (AED 687 per sqft)Sold, March 2016: AED 700,000 (AED 677 per sqft)

215 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 215, 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 2015: AED 62,000 a yearNew contract, January 2018: AED 50,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, September 2023: AED 45,000 a yearNew contract, October 2024: AED 60,000 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 215 sits

All 64 1-beds →

215 last sold in March 2016 at AED 677 per sqft, 14% below what one-beds in Cordoba Palace were fetching at the time (AED 788). 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. 215's AED 60,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jun 2025650,000
11 Nov 20241,010,000
9 Oct 2024738,000
8 Oct 2024495,000
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 2nd floor

All 133 units in Cordoba Palace
Value
2011-bedAED 440K · Jan 2019
2021-bedAED 710K · Jan 2014
203StudioAED 233K · Feb 2022
204AED 475K · Oct 2025
205StudioAED 358K · Mar 2024
207StudioAED 395K · Oct 2024
208StudioAED 300K · Jan 2018
1–7 of 14

215, Cordoba Palace in numbers

  • Sold twice: first on 3 February 2014 for AED 710,000, last on 14 March 2016 for AED 700,000 (AED 677 per sqft).
  • Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 40,000 in 2020 and recovered to AED 60,000 by October 2024.
  • At AED 60,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 15,100 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 1 October 2024.

Questions about 215, Cordoba Palace

What did unit 215 last sell for?

AED 700,000 on 14 March 2016: AED 677 per sqft for 1,033 sqft. The unit has 2 registered sales; the first was AED 710,000 in February 2014.

What is the rent for unit 215?

AED 60,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2023, was AED 45,000; the unit has been rented since June 2015.

How big is unit 215?

1,033 sqft (96.0 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2012.

What is unit 215 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 215, Cordoba Palace

Starts from the last sale price (AED 700K, 14 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →