1-bed · 961 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

502, Cordoba Palace

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 625K18 August 2016
Current rentAED 36K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Cordoba Palace

What is 502 worth today?

Last sold for AED 625,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft
18 Aug 2016SoldReady
AED 625,000AED 650 per sqft
14 Mar 2015RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
14 Mar 2014RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
30 Dec 2012SoldReady
AED 376,200AED 391 per sqft
5 Jun 2012RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft
22 Feb 2012Sold by developerOff-plan
AED 376,200AED 391 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
5th of 9
Parking
B-036
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 14,000 /yr
Last sold
AED 625K · August 2016

About 502, Cordoba Palace

502 is a one-bedroom apartment of 961 sqft on the 5th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 18 August 2016 for AED 625,000, or AED 650 per sqft, 17% below the AED 787 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 36,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 14,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 2012: AED 376,200 (AED 391 per sqft)Sold, December 2012: AED 376,200 (AED 391 per sqft)Sold, August 2016: AED 625,000 (AED 650 per sqft)

502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, 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 2012: AED 36,000 a yearNew contract, March 2014: AED 60,000 a yearRenewal, March 2015: AED 62,000 a yearNew contract, August 2022: AED 36,000 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 502 sits

All 64 1-beds →

502 last sold in August 2016 at AED 650 per sqft, 17% below what one-beds in Cordoba Palace were fetching at the time (AED 787). 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. 502's AED 36,000 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
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 5th floor

All 133 units in Cordoba Palace
Value
5011-bedAED 360K · Mar 2022
503StudioAED 288K · Nov 2012
504StudioAED 312K · Sep 2023
505StudioAED 300K · Oct 2023
506AED 630K · Oct 2025
507StudioAED 380K · May 2024
508AED 350K · Oct 2025
1–7 of 15

502, Cordoba Palace in numbers

  • Sold 3 times: first on 22 February 2012 for AED 376,200, last on 18 August 2016 for AED 625,000 (AED 650 per sqft).
  • Rented since June 2012 on 4 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 14,000 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 15 August 2022.

Questions about 502, Cordoba Palace

What did unit 502 last sell for?

AED 625,000 on 18 August 2016: AED 650 per sqft for 961 sqft. The unit has 3 registered sales; the first was AED 376,200 in February 2012.

What is the rent for unit 502?

AED 36,000 a year on the contract signed on 15 August 2022. The previous contract, from March 2015, was AED 62,000; the unit has been rented since June 2012.

How big is unit 502?

961 sqft (89.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 502 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.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Cordoba Palace

Starts from the last sale price (AED 625K, 18 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

Plus AED 31,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →