1-bed · 961 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

515, Cordoba Palace

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

Unit 515 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 698K10 March 2014
Current rentAED 40K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Cordoba Palace

What is 515 worth today?

Last sold for AED 698,192 in 2014

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1 Jan 2026RentedNew contract
AED 40,000/yr12 months · AED 42 per sqft
20 Nov 2024RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
20 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 37 per sqft
26 May 2021RentedRenewal
AED 36,000/yr12 months · AED 38 per sqft
26 May 2020RentedRenewal
AED 36,000/yr12 months · AED 38 per sqft
26 May 2018RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
26 May 2017RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
26 May 2016RentedNew contract
AED 56,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
5th of 9
Parking
B-041
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 14,000 /yr
Last sold
AED 698K · March 2014

About 515, Cordoba Palace

515 is a one-bedroom apartment of 961 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 10 March 2014 for AED 698,192, or AED 726 per sqft, 10% above the AED 659 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 January 2026, is AED 40,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 14,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, March 2014: AED 698,192 (AED 726 per sqft)

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

Rents
Unit 515, 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, June 2013: AED 34,000 a yearNew contract, June 2014: AED 39,100 a yearNew contract, June 2014: AED 39,100 a yearRenewal, June 2015: AED 45,900 a yearNew contract, May 2016: AED 56,000 a yearRenewal, May 2017: AED 55,000 a yearRenewal, May 2018: AED 55,000 a yearRenewal, May 2020: AED 36,000 a yearRenewal, May 2021: AED 36,000 a yearNew contract, October 2022: AED 35,000 a yearNew contract, November 2024: AED 45,000 a yearNew contract, January 2026: AED 40,000 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 515 sits

All 64 1-beds →

515 last sold in March 2014 at AED 726 per sqft, 10% above what one-beds in Cordoba Palace were fetching at the time (AED 659). 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. 515's AED 40,000 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

515, Cordoba Palace in numbers

  • Sold once: by Sarhank Kader Developers . on 10 March 2014 for AED 698,192, or AED 726 per sqft.
  • Rented since June 2013 on 12 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 14,000 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 1 January 2026.

Questions about 515, Cordoba Palace

What did unit 515 last sell for?

AED 698,192 on 10 March 2014, sold by the developer: AED 726 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 40,000 a year on the contract signed on 1 January 2026. The previous contract, from November 2024, was AED 45,000; the unit has been rented since June 2013.

How big is unit 515?

961 sqft (89.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 515 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 515, Cordoba Palace

Starts from the last sale price (AED 698K, 10 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 698,192
Deposit, UAE resident (20%)
AED 139,638
Deposit, non-resident (40%)
AED 279,277
Monthly over 25 years at 3.7%
AED 2,857

Plus AED 34,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →