Studio · 413 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

512, Cordoba Palace

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 300K17 October 2023
Current rentAED 38K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Cordoba Palace

What is 512 worth today?

Last sold for AED 300,000 in 2023

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15 Aug 2024RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
17 Oct 2023SoldReady
AED 300,000AED 725 per sqft
1 Aug 2023RentedRenewal
AED 25,000/yr12 months · AED 61 per sqft
1 Aug 2022RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
1 Aug 2018RentedRenewal
AED 32,000/yr12 months · AED 78 per sqft
1 Aug 2016RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
30 Dec 2012SoldReady
AED 315,000AED 762 per sqft
23 Aug 2009Sold by developerOff-plan
AED 315,000AED 762 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
5th of 9
Parking
G-050
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,000 /yr
Last sold
AED 300K · October 2023

About 512, Cordoba Palace

512 is a studio of 413 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 17 October 2023 for AED 300,000, or AED 725 per sqft, in line with the AED 727 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 15 August 2024, is AED 38,000 a year: a gross yield of 12.7% on the 2023 price, before the service charge of about AED 6,000 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 762 per sqft)Sold, December 2012: AED 315,000 (AED 762 per sqft)Sold, October 2023: AED 300,000 (AED 725 per sqft)

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

Rents
Unit 512, 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, August 2016: AED 35,000 a yearRenewal, August 2018: AED 32,000 a yearNew contract, August 2022: AED 20,000 a yearRenewal, August 2023: AED 25,000 a yearNew contract, August 2024: AED 38,000 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 512 sits

All 61 studios →

512 last sold in October 2023 at AED 725 per sqft, in line with what studios in Cordoba Palace were fetching at the time (AED 727). 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. 512's AED 38,000 is in the lower 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
504StudioAED 312K · Sep 2023
505StudioAED 300K · Oct 2023
506AED 630K · Oct 2025
507StudioAED 380K · May 2024
1–7 of 15

512, Cordoba Palace in numbers

  • Sold 3 times: first on 23 August 2009 for AED 315,000, last on 17 October 2023 for AED 300,000 (AED 725 per sqft).
  • Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2022 and recovered to AED 38,000 by August 2024.
  • At AED 38,000 a year the gross yield on the 2023 price is 12.7%, before a service charge of about AED 6,000 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 15 August 2024.

Questions about 512, Cordoba Palace

What did unit 512 last sell for?

AED 300,000 on 17 October 2023: AED 725 per sqft for 413 sqft. The unit has 3 registered sales; the first was AED 315,000 in August 2009.

What is the rent for unit 512?

AED 38,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 25,000; the unit has been rented since August 2016.

How big is unit 512?

413 sqft (38.4 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 512 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 512, Cordoba Palace

Starts from the last sale price (AED 300K, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →