Studio · 411 sqftCordoba Palace, Dubai Silicon Oasis · 4th floor · completed 2012

407, Cordoba Palace

Sold prices and rental history: sold 6 times, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 23 July 2025
Last soldAED 245K24 May 2022
Current rentAED 40K /yr23 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Cordoba Palace

What is 407 worth today?

Last sold for AED 245,000 in 2022

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23 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 97 per sqft
21 Jul 2024RentedRenewal
AED 27,000/yr12 months · AED 66 per sqft
21 Jul 2023RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
1 Jul 2022RentedNew contract
AED 24,000/yr12 months · AED 58 per sqft
24 May 2022SoldReady
AED 245,000AED 596 per sqft
15 Mar 2021RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
27 Jan 2020RentedRenewal
AED 24,000/yr12 months · AED 59 per sqft
26 Aug 2014SoldReady
AED 485,000AED 1,181 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
4th of 9
Parking
G-041
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,000 /yr
Last sold
AED 245K · May 2022

About 407, Cordoba Palace

407 is a studio of 411 sqft on the 4th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 24 May 2022 for AED 245,000, or AED 596 per sqft, in line with the AED 588 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 23 July 2025, is AED 40,000 a year: a gross yield of 16.3% on the 2022 price, before the service charge of about AED 6,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Cordoba Palace
200K400K2009201420192024Typical sale price by year: 2009 AED 324,360; 2010 AED 299,577; 2011 AED 187,620; 2012 AED 302,534; 2013 AED 333,684; 2014 AED 400,000; 2017 AED 400,000; 2018 AED 320,000; 2021 AED 240,000; 2022 AED 245,000; 2023 AED 293,500; 2024 AED 380,000; 2025 AED 420,000Sold by developer, August 2009: AED 315,900 (AED 769 per sqft)Sold, November 2012: AED 315,900 (AED 769 per sqft)Sold, November 2013: AED 345,000 (AED 840 per sqft)Sold, April 2014: AED 400,000 (AED 974 per sqft)Sold, August 2014: AED 485,000 (AED 1,181 per sqft)Sold, May 2022: AED 245,000 (AED 596 per sqft)

407 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Cordoba Palace
20K40K2012201620202024Typical rent by year: 2012 AED 24,500; 2013 AED 24,000; 2014 AED 35,350; 2015 AED 41,000; 2016 AED 41,500; 2017 AED 37,000; 2018 AED 34,000; 2019 AED 26,000; 2020 AED 23,000; 2021 AED 20,000; 2022 AED 24,000; 2023 AED 29,500; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 40,250New contract, August 2014: AED 43,000 a yearRenewal, January 2020: AED 24,000 a yearNew contract, March 2021: AED 18,000 a yearNew contract, July 2022: AED 24,000 a yearNew contract, July 2023: AED 27,000 a yearRenewal, July 2024: AED 27,000 a yearNew contract, July 2025: AED 40,000 a year

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

Studios in Cordoba Palace, and where 407 sits

All 61 studios →

407 last sold in May 2022 at AED 596 per sqft, in line with what studios in Cordoba Palace were fetching at the time (AED 588). Over the last 12 months studios sold for AED 500,000, around AED 1,184 per sqft, and rent for AED 31,213 to 45,500 a year. 407's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 2025500,000
26 May 2025410,000
22 Apr 2025415,000
28 Mar 2025420,000
1 studio 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
4061-bedAED 691K · May 2013
408StudioAED 537K · Nov 2014
1–7 of 15

407, Cordoba Palace in numbers

  • Sold 6 times: first on 23 August 2009 for AED 315,900, last on 24 May 2022 for AED 245,000 (AED 596 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 18,000 in 2021 and recovered to AED 40,000 by July 2025.
  • At AED 40,000 a year the gross yield on the 2022 price is 16.3%, before a service charge of about AED 6,000 a year (AED 14.59 per sqft).
  • Studios in Cordoba Palace sold for AED 500,000–500,000 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 23 July 2025.

Questions about 407, Cordoba Palace

What did unit 407 last sell for?

AED 245,000 on 24 May 2022: AED 596 per sqft for 411 sqft. The unit has 6 registered sales; the first was AED 315,900 in August 2009.

What is the rent for unit 407?

AED 40,000 a year on the contract signed on 23 July 2025. The previous contract, from July 2024, was AED 27,000; the unit has been rented since August 2014.

How big is unit 407?

411 sqft (38.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2012.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Cordoba Palace sold for AED 500,000 to 500,000 in the last 12 months, around AED 1,184 per sqft.

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Mortgage on 407, Cordoba Palace

Starts from the last sale price (AED 245K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

Plus AED 13,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →