409, Cordoba Palace
Sold prices and rental history: sold 6 times, last in February 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Cordoba Palace
What is 409 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,336 sqft
- Floor
- 4th of 9
- Parking
- B-044
- Developer
- Sarhank Kader Developers .
- Completed
- 2012
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1M · February 2024
- Building
- Cordoba Palace
About 409, Cordoba Palace
409 is a one-bedroom apartment of 1,336 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 8 February 2024 for AED 1,000,000, or AED 748 per sqft, 22% above the AED 614 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 10 November 2024, is AED 85,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 19,500 a year.
Sales and rents for 409 over time
409 has sold 6 times; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 68 1-beds →409 last sold in February 2024 at AED 748 per sqft, 22% above what one-beds in Cordoba Palace were fetching at the time (AED 614). Over the last 12 months one-beds sold for AED 700,000 to 940,000, around AED 816 per sqft, and rent for AED 40,000 to 90,000 a year. 409's AED 85,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 865 sqft | 750,000 | 867 | ||
| 27 Aug 202627 August 2026 | 1,111 sqft | 940,000 | 846 | ||
| 14 Apr 202614 April 2026 | 891 sqft | 700,000 | 785 | ||
| 25 Nov 202525 November 2025 | 1,013 sqft | 760,000 | 750 |
Cordoba Palace
Building134 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%
Other units on the 4th floor
All 134 units in Cordoba Palace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 852 sqft | AED 561KAED 561,078 · Nov 2012November 2012 | 32,000 /yr | |
| 402 | 1-bed | 979 sqft | AED 630KAED 630,000 · Jun 2017June 2017 | 65,000 /yr | |
| 403 | Studio | 419 sqft | AED 415KAED 415,000 · Apr 2025April 2025 | 34,000 /yr | |
| 404 | Studio | 436 sqft | AED 364KAED 363,840 · Dec 2013December 2013 | 41,000 /yr | |
| 405 | Studio | 448 sqft | AED 338KAED 338,310 · Mar 2014March 2014 | 38,000 /yr | |
| 406 | 1-bed | 855 sqft | AED 691KAED 691,128 · May 2013May 2013 | 47,250 /yr | |
| 407 | Studio | 411 sqft | AED 245KAED 245,000 · May 2022May 2022 | 37,000 /yr | |
| 408 | Studio | 361 sqft | AED 537KAED 536,640 · Nov 2014November 2014 | 40,000 /yr | |
| 410 | 1-bed | 779 sqft | AED 385KAED 384,585 · Oct 2012October 2012 | 48,448 /yr | |
| 411 | 1-bed | 847 sqft | AED 345KAED 345,000 · Jul 2022July 2022 | 58,000 /yr | |
| 412 | Studio | 450 sqft | AED 287KAED 287,000 · Jul 2023July 2023 | 39,000 /yr | |
| 413 | Studio | 436 sqft | AED 327KAED 327,000 · Dec 2023December 2023 | 58,000 /yr | |
| 414 | Studio | 420 sqft | AED 327KAED 326,655 · Nov 2012November 2012 | 40,000 /yr | |
| 415 | 1-bed | 978 sqft | AED 738KAED 738,000 · Oct 2024October 2024 | 67,000 /yr | |
| 416 | 1-bed | 851 sqft | AED 561KAED 561,078 · Nov 2012November 2012 | 55,000 /yr |
409, Cordoba Palace in numbers
- Sold 6 times: first on 22 February 2012 for AED 482,490, last on 8 February 2024 for AED 1,000,000 (AED 748 per sqft).
- Rented since April 2015 on 3 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2024 and recovered to AED 85,000 by November 2024.
- At AED 85,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 19,500 a year (AED 14.59 per sqft).
- One-beds in Cordoba Palace sold for AED 700,000–940,000 in the 12 months to November 2026; the building's median across all types is AED 857 per sqft.
Source: Dubai Land Department. Updated 10 November 2024.
Questions about 409, Cordoba Palace
What did unit 409 last sell for?
AED 1,000,000 on 8 February 2024: AED 748 per sqft for 1,336 sqft. The unit has 6 registered sales; the first was AED 482,490 in February 2012.
What is the rent for unit 409?
AED 85,000 a year on the contract signed on 10 November 2024. The previous contract, from March 2024, was AED 75,000; the unit has been rented since April 2015.
How big is unit 409?
1,336 sqft (124.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2012.
What is unit 409 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 700,000 to 940,000 in the last 12 months, around AED 816 per sqft.
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Mortgage on 409, Cordoba Palace
Starts from the last sale price (AED 1M, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →