1-bed · 849 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

511, Cordoba Palace

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 640K21 January 2014
Current rentAED 35K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Cordoba Palace

What is 511 worth today?

Last sold for AED 640,000 in 2014

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15 Apr 2023RentedRenewal
AED 34,903/yr12 months · AED 41 per sqft
15 Apr 2022RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
17 Nov 2019RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
17 Nov 2018RentedRenewal
AED 49,000/yr12 months · AED 58 per sqft
17 Nov 2017RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
15 Nov 2016RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
17 Sep 2014RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
21 Jan 2014Sold by developerReady
AED 640,000AED 754 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2023.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
5th of 9
Parking
B-040
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 640K · January 2014

About 511, Cordoba Palace

511 is a one-bedroom apartment of 849 sqft on the 5th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. The developer sold it on 21 January 2014 for AED 640,000, or AED 754 per sqft, 29% above the AED 583 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 34,903 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 12,400 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, January 2014: AED 640,000 (AED 754 per sqft)

511 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 511, 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, September 2013: AED 37,800 a yearNew contract, September 2014: AED 45,000 a yearNew contract, November 2016: AED 56,000 a yearNew contract, November 2017: AED 53,000 a yearRenewal, November 2018: AED 49,000 a yearRenewal, November 2019: AED 42,000 a yearNew contract, April 2022: AED 33,000 a yearRenewal, April 2023: AED 34,903 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 511 sits

All 64 1-beds →

511 last sold in January 2014 at AED 754 per sqft, 29% above what one-beds in Cordoba Palace were fetching at the time (AED 583). 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. 511's AED 34,903 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
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

511, Cordoba Palace in numbers

  • Sold once: by Sarhank Kader Developers . on 21 January 2014 for AED 640,000, or AED 754 per sqft.
  • Rented since September 2013 on 8 Ejari contracts, from AED 37,800 to AED 34,903 a year.
  • At AED 34,903 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 12,400 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 April 2023.

Questions about 511, Cordoba Palace

What did unit 511 last sell for?

AED 640,000 on 21 January 2014, sold by the developer: AED 754 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 34,903 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 33,000; the unit has been rented since September 2013.

How big is unit 511?

849 sqft (78.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 511 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 511, Cordoba Palace

Starts from the last sale price (AED 640K, 21 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →