Studio · 361 sqftCordoba Palace, Dubai Silicon Oasis · 4th floor · completed 2012

408, Cordoba Palace

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 537K24 November 2014
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Cordoba Palace

What is 408 worth today?

Last sold for AED 536,640 in 2014

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1 Sep 2026RentedRenewal
AED 40,000/yr12 months · AED 111 per sqft
1 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 111 per sqft
1 Sep 2024RentedRenewal
AED 37,000/yr12 months · AED 102 per sqft
1 Sep 2023RentedNew contract
AED 32,000/yr12 months · AED 89 per sqft
18 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 78 per sqft
1 Feb 2022RentedNew contract
AED 25,000/yr12 months · AED 69 per sqft
15 Oct 2020RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
15 Oct 2019RentedNew contract
AED 25,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
361 sqft
Floor
4th of 9
Parking
G-042
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 5,300 /yr
Last sold
AED 537K · November 2014

About 408, Cordoba Palace

408 is a studio of 361 sqft on the 4th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 24 November 2014 for AED 536,640, or AED 1,485 per sqft, 53% above the AED 971 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 40,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 5,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Cordoba Palace
200K400K2009201420192024Typical sale price by year: 2009 AED 325,508; 2010 AED 299,577; 2011 AED 187,620; 2012 AED 299,500; 2013 AED 338,310; 2014 AED 400,000; 2017 AED 400,000; 2018 AED 335,000; 2021 AED 240,000; 2022 AED 245,000; 2023 AED 293,500; 2024 AED 385,000; 2025 AED 420,000Sold by developer, August 2012: AED 291,280 (AED 806 per sqft)Sold, May 2013: AED 291,280 (AED 806 per sqft)Sold, November 2014: AED 536,640 (AED 1,485 per sqft)

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

Rents
Unit 408, each contractTypical studio in Cordoba Palace
20K30K40K2012201620202024Typical rent by year: 2012 AED 24,000; 2013 AED 24,500; 2014 AED 35,700; 2015 AED 40,500; 2016 AED 40,000; 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 30,000; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 39,000New contract, October 2014: AED 25,200 a yearNew contract, August 2015: AED 41,000 a yearNew contract, October 2018: AED 29,000 a yearNew contract, October 2019: AED 25,000 a yearRenewal, October 2020: AED 24,000 a yearNew contract, February 2022: AED 25,000 a yearNew contract, March 2023: AED 28,000 a yearNew contract, September 2023: AED 32,000 a yearRenewal, September 2024: AED 37,000 a yearRenewal, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 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 408 sits

All 66 studios →

408 last sold in November 2014 at AED 1,485 per sqft, 53% above what studios in Cordoba Palace were fetching at the time (AED 971). Over the last 12 months studios sold for AED 350,000 to 500,000, around AED 1,092 per sqft, and rent for AED 31,213 to 58,000 a year. 408's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Sep 2026350,000
30 Dec 2025500,000
30 Oct 2025475,000
21 Oct 2025410,000
2 studio sales in the last 12 months

Cordoba Palace

Building

134 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2012 by Sarhank Kader Developers .. 6 sold in the last 12 months.

Typical price per sqft
AED 857
Typical sale
AED 725K
Typical rent
AED 42K /yr
Typical yield
10.0%
Cordoba Palace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 134 units in Cordoba Palace
Value
4011-bedAED 561K · Nov 2012
4021-bedAED 630K · Jun 2017
403StudioAED 415K · Apr 2025
404StudioAED 364K · Dec 2013
405StudioAED 338K · Mar 2014
4061-bedAED 691K · May 2013
407StudioAED 245K · May 2022
1–7 of 15

408, Cordoba Palace in numbers

  • Sold 3 times: first on 9 August 2012 for AED 291,280, last on 24 November 2014 for AED 536,640 (AED 1,485 per sqft).
  • Rented since October 2014 on 11 Ejari contracts, from AED 25,200 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 5,300 a year (AED 14.59 per sqft).
  • Studios in Cordoba Palace sold for AED 350,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 857 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 408, Cordoba Palace

What did unit 408 last sell for?

AED 536,640 on 24 November 2014: AED 1,485 per sqft for 361 sqft. The unit has 3 registered sales; the first was AED 291,280 in August 2012.

What is the rent for unit 408?

AED 40,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since October 2014.

How big is unit 408?

361 sqft (33.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2012.

What is unit 408 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 350,000 to 500,000 in the last 12 months, around AED 1,092 per sqft.

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Mortgage on 408, Cordoba Palace

Starts from the last sale price (AED 537K, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 536,640
Deposit, UAE resident (20%)
AED 107,328
Deposit, non-resident (40%)
AED 214,656
Monthly over 25 years at 3.7%
AED 2,196

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →