Studio · 361 sqftCordoba Palace, Dubai Silicon Oasis · 4th floor · completed 2012

408, Cordoba Palace

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 537K24 November 2014
Current rentAED 40K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Cordoba Palace

What is 408 worth today?

Last sold for AED 536,640 in 2014

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1 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 111 per sqft
1 Sep 2024RentedRenewal
AED 37,000/yr12 months · AED 102 per sqft
18 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 78 per sqft
1 Feb 2022RentedNew contract
AED 25,000/yr12 months · AED 69 per sqft
15 Oct 2020RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
15 Oct 2019RentedNew contract
AED 25,000/yr12 months · AED 69 per sqft
15 Oct 2018RentedNew contract
AED 29,000/yr12 months · AED 79 per sqft
15 Aug 2015RentedNew contract
AED 41,000/yr12 months · AED 112 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
361 sqft
Floor
4th of 9
Parking
G-042
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 5,300 /yr
Last sold
AED 537K · November 2014

About 408, Cordoba Palace

408 is a studio of 361 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 November 2014 for AED 536,640, or AED 1,485 per sqft, 53% above the AED 971 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 40,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 5,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 2012: AED 291,280 (AED 806 per sqft)Sold, May 2013: AED 291,280 (AED 806 per sqft)Sold, November 2014: AED 536,640 (AED 1,485 per sqft)

408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Cordoba Palace
20K30K40K2012201620202024Typical 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, October 2014: AED 25,200 a yearNew contract, August 2015: AED 41,000 a yearNew contract, October 2018: AED 29,000 a yearNew contract, October 2019: AED 25,000 a yearRenewal, October 2020: AED 24,000 a yearNew contract, February 2022: AED 25,000 a yearNew contract, March 2023: AED 28,000 a yearRenewal, September 2024: AED 37,000 a yearRenewal, September 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 408 sits

All 61 studios →

408 last sold in November 2014 at AED 1,485 per sqft, 53% above what studios in Cordoba Palace were fetching at the time (AED 971). 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. 408'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
407StudioAED 245K · May 2022
1–7 of 15

408, Cordoba Palace in numbers

  • Sold 3 times: first on 9 August 2012 for AED 291,280, last on 24 November 2014 for AED 536,640 (AED 1,485 per sqft).
  • Rented since October 2014 on 9 Ejari contracts, from AED 25,200 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 5,300 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 1 September 2025.

Questions about 408, Cordoba Palace

What did unit 408 last sell for?

AED 536,640 on 24 November 2014: AED 1,485 per sqft for 361 sqft. The unit has 3 registered sales; the first was AED 291,280 in August 2012.

What is the rent for unit 408?

AED 40,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 37,000; the unit has been rented since October 2014.

How big is unit 408?

361 sqft (33.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2012.

What is unit 408 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 408, Cordoba Palace

Starts from the last sale price (AED 537K, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 536,640
Deposit, UAE resident (20%)
AED 107,328
Deposit, non-resident (40%)
AED 214,656
Monthly over 25 years at 3.7%
AED 2,196

Plus AED 27,549 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →