1-bed · 855 sqftCordoba Palace, Dubai Silicon Oasis · 4th floor · completed 2012

406, Cordoba Palace

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 691K22 May 2013
Current rentAED 45K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Cordoba Palace

What is 406 worth today?

Last sold for AED 691,128 in 2013

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1 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
16 Jun 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
1 Dec 2016RentedNew contract
AED 56,000/yr15 months · AED 66 per sqft
22 Sep 2013RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
22 May 2013Sold by developerReady
AED 691,128AED 808 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
4th of 9
Parking
G-014
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 12,500 /yr
Last sold
AED 691K · May 2013

About 406, Cordoba Palace

406 is a one-bedroom apartment of 855 sqft on the 4th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. The developer sold it on 22 May 2013 for AED 691,128, or AED 808 per sqft, 87% above the AED 431 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2023, is AED 45,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 12,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, May 2013: AED 691,128 (AED 808 per sqft)

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

Rents
Unit 406, 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, September 2013: AED 44,000 a yearNew contract, December 2016: AED 56,000 a yearNew contract, June 2019: AED 40,000 a yearNew contract, August 2023: AED 45,000 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 406 sits

All 64 1-beds →

406 last sold in May 2013 at AED 808 per sqft, 87% above what one-beds in Cordoba Palace were fetching at the time (AED 431). 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. 406's AED 45,000 is in the lower half 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 4th floor

All 133 units in Cordoba Palace
Value
4011-bedAED 561K · Nov 2012
4021-bedAED 630K · Jun 2017
403StudioAED 415K · Apr 2025
404StudioAED 364K · Dec 2013
405StudioAED 338K · Mar 2014
407StudioAED 245K · May 2022
408StudioAED 537K · Nov 2014
1–7 of 15

406, Cordoba Palace in numbers

  • Sold once: by Sarhank Kader Developers . on 22 May 2013 for AED 691,128, or AED 808 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 44,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 12,500 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 August 2023.

Questions about 406, Cordoba Palace

What did unit 406 last sell for?

AED 691,128 on 22 May 2013, sold by the developer: AED 808 per sqft for 855 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 45,000 a year on the contract signed on 1 August 2023. The previous contract, from June 2019, was AED 40,000; the unit has been rented since September 2013.

How big is unit 406?

855 sqft (79.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2012.

What is unit 406 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 406, Cordoba Palace

Starts from the last sale price (AED 691K, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 691,128
Deposit, UAE resident (20%)
AED 138,226
Deposit, non-resident (40%)
AED 276,451
Monthly over 25 years at 3.7%
AED 2,828

Plus AED 34,037 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →