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

513, Cordoba Palace

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 315K23 August 2009
Current rentAED 36K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Cordoba Palace

What is 513 worth today?

Last sold for AED 315,000 in 2009

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1 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 86 per sqft
7 Aug 2023RentedNew contract
AED 32,000/yr12 months · AED 76 per sqft
12 Mar 2021RentedNew contract
AED 24,000/yr14 months · AED 57 per sqft
12 Mar 2020RentedRenewal
AED 32,000/yr12 months · AED 76 per sqft
12 Mar 2019RentedRenewal
AED 32,000/yr12 months · AED 76 per sqft
1 Mar 2017RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
21 Feb 2016RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
4 Feb 2015RentedNew contract
AED 41,000/yr12 months · AED 98 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
5th of 9
Parking
G-051
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,200 /yr
Last sold
AED 315K · August 2009

About 513, Cordoba Palace

513 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 .. The developer sold it on 23 August 2009 for AED 315,000, or AED 746 per sqft, in line with the AED 754 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 September 2024, is AED 36,000 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 6,200 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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)

513 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 513, 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, February 2015: AED 41,000 a yearNew contract, February 2016: AED 42,000 a yearNew contract, March 2017: AED 38,000 a yearRenewal, March 2019: AED 32,000 a yearRenewal, March 2020: AED 32,000 a yearNew contract, March 2021: AED 24,000 a yearNew contract, August 2023: AED 32,000 a yearNew contract, September 2024: AED 36,000 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 513 sits

All 61 studios →

513 last sold in August 2009 at AED 746 per sqft, in line with what studios in Cordoba Palace were fetching at the time (AED 754). 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. 513's AED 36,000 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

513, Cordoba Palace in numbers

  • Sold once: by Sarhank Kader Developers . on 23 August 2009 for AED 315,000, or AED 746 per sqft.
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 41,000 to AED 24,000 in 2021 and recovered to AED 36,000 by September 2024.
  • At AED 36,000 a year the gross yield on the 2009 price is 11.4%, 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 1 September 2024.

Questions about 513, Cordoba Palace

What did unit 513 last sell for?

AED 315,000 on 23 August 2009, sold by the developer: AED 746 per sqft for 422 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 36,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 32,000; the unit has been rented since February 2015.

How big is unit 513?

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

What is unit 513 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 513, Cordoba Palace

Starts from the last sale price (AED 315K, 23 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

Plus AED 16,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →