1-bed · 1,336 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

509, Cordoba Palace

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 1.01M11 November 2024
Current rentAED 90K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Cordoba Palace

What is 509 worth today?

Last sold for AED 1,010,000 in 2024

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11 Nov 2024SoldReady
AED 1,010,000AED 755 per sqft
25 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
1 Dec 2017RentedNew contract
AED 74,799/yr12 months · AED 56 per sqft
6 Sep 2015SoldReady
AED 1,200,000AED 897 per sqft
25 Jun 2014RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
30 Dec 2012SoldReady
AED 572,763AED 428 per sqft
25 Jun 2012RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
18 Apr 2011Sold by developerOff-plan
AED 572,763AED 428 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2024.

Key facts

Type
1-bed apartment
Size
1,336 sqft
Floor
5th of 9
Parking
B-045
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 19,500 /yr
Last sold
AED 1.01M · November 2024

About 509, Cordoba Palace

509 is a one-bedroom apartment of 1,336 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 November 2024 for AED 1,010,000, or AED 755 per sqft, 13% above the AED 666 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 25 June 2024, is AED 90,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 19,500 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Cordoba Palace
500K1M2009201420192024Typical 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, April 2011: AED 572,763 (AED 428 per sqft)Sold, December 2012: AED 572,763 (AED 428 per sqft)Sold, September 2015: AED 1,200,000 (AED 897 per sqft)Sold, November 2024: AED 1,010,000 (AED 755 per sqft)

509 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Cordoba Palace
50K100K2012201620202024Typical 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 55,000 a yearNew contract, June 2014: AED 60,000 a yearNew contract, December 2017: AED 74,799 a yearNew contract, June 2024: AED 90,000 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 509 sits

All 64 1-beds →

509 last sold in November 2024 at AED 755 per sqft, 13% above what one-beds in Cordoba Palace were fetching at the time (AED 666). 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. 509's AED 90,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jun 2025650,000
9 Oct 2024738,000
8 Oct 2024495,000
3 Jun 2024525,000
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
5021-bedAED 625K · Aug 2016
503StudioAED 288K · Nov 2012
504StudioAED 312K · Sep 2023
505StudioAED 300K · Oct 2023
506AED 630K · Oct 2025
507StudioAED 380K · May 2024
1–7 of 15

509, Cordoba Palace in numbers

  • Sold 4 times: first on 18 April 2011 for AED 572,763, last on 11 November 2024 for AED 1,010,000 (AED 755 per sqft).
  • Rented since June 2012 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 19,500 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 11 November 2024.

Questions about 509, Cordoba Palace

What did unit 509 last sell for?

AED 1,010,000 on 11 November 2024: AED 755 per sqft for 1,336 sqft. The unit has 4 registered sales; the first was AED 572,763 in April 2011.

What is the rent for unit 509?

AED 90,000 a year on the contract signed on 25 June 2024. The previous contract, from December 2017, was AED 74,799; the unit has been rented since June 2012.

How big is unit 509?

1,336 sqft (124.1 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 509 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 509, Cordoba Palace

Starts from the last sale price (AED 1.01M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

Plus AED 47,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →