Studio · 422 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

504, Cordoba Palace

Sold prices and rental history: sold 5 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 312K11 September 2023
Current rentAED 39K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Cordoba Palace

What is 504 worth today?

Last sold for AED 312,000 in 2023

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7 Sep 2024RentedNew contract
AED 39,000/yr12 months · AED 92 per sqft
11 Sep 2023SoldReady
AED 312,000AED 739 per sqft
25 Jul 2023RentedRenewal
AED 26,500/yr10 months · AED 63 per sqft
25 Jul 2022RentedNew contract
AED 23,000/yr12 months · AED 54 per sqft
25 Jul 2021RentedNew contract
AED 19,000/yr12 months · AED 45 per sqft
22 Jun 2020RentedRenewal
AED 24,000/yr12 months · AED 57 per sqft
22 Jun 2019RentedNew contract
AED 27,000/yr12 months · AED 64 per sqft
18 Mar 2017RentedNew contract
AED 37,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2024.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
5th of 9
Parking
G-046
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,200 /yr
Last sold
AED 312K · September 2023

About 504, Cordoba Palace

504 is a studio of 422 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 11 September 2023 for AED 312,000, or AED 739 per sqft, in line with the AED 721 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 7 September 2024, is AED 39,000 a year: a gross yield of 12.5% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 315,000 (AED 746 per sqft)Sold, September 2013: AED 315,000 (AED 746 per sqft)Sold, October 2013: AED 345,000 (AED 817 per sqft)Sold, February 2017: AED 400,000 (AED 947 per sqft)Sold, September 2023: AED 312,000 (AED 739 per sqft)

504 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 504, 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, November 2014: AED 40,000 a yearNew contract, March 2017: AED 37,000 a yearNew contract, June 2019: AED 27,000 a yearRenewal, June 2020: AED 24,000 a yearNew contract, July 2021: AED 19,000 a yearNew contract, July 2022: AED 23,000 a yearRenewal, July 2023: AED 26,500 a yearNew contract, September 2024: AED 39,000 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 504 sits

All 61 studios →

504 last sold in September 2023 at AED 739 per sqft, in line with what studios in Cordoba Palace were fetching at the time (AED 721). 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. 504's AED 39,000 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 5th floor

All 133 units in Cordoba Palace
Value
5011-bedAED 360K · Mar 2022
5021-bedAED 625K · Aug 2016
503StudioAED 288K · Nov 2012
505StudioAED 300K · Oct 2023
506AED 630K · Oct 2025
507StudioAED 380K · May 2024
508AED 350K · Oct 2025
1–7 of 15

504, Cordoba Palace in numbers

  • Sold 5 times: first on 23 August 2009 for AED 315,000, last on 11 September 2023 for AED 312,000 (AED 739 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 19,000 in 2021 and recovered to AED 39,000 by September 2024.
  • At AED 39,000 a year the gross yield on the 2023 price is 12.5%, before a service charge of about AED 6,200 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 7 September 2024.

Questions about 504, Cordoba Palace

What did unit 504 last sell for?

AED 312,000 on 11 September 2023: AED 739 per sqft for 422 sqft. The unit has 5 registered sales; the first was AED 315,000 in August 2009.

What is the rent for unit 504?

AED 39,000 a year on the contract signed on 7 September 2024. The previous contract, from July 2023, was AED 26,500; the unit has been rented since November 2014.

How big is unit 504?

422 sqft (39.2 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 504 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 504, Cordoba Palace

Starts from the last sale price (AED 312K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 312,000
Deposit, UAE resident (20%)
AED 62,400
Deposit, non-resident (40%)
AED 124,800
Monthly over 25 years at 3.7%
AED 1,276

Plus AED 16,014 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →