Studio · 412 sqftCordoba Palace, Dubai Silicon Oasis · 5th floor · completed 2012

505, Cordoba Palace

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 28 April 2026
Last soldAED 300K16 October 2023
Current rentAED 40K /yr28 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Cordoba Palace

What is 505 worth today?

Last sold for AED 300,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Apr 2026RentedNew contract
AED 40,000/yr12 months · AED 97 per sqft
5 Mar 2024RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
16 Oct 2023SoldReady
AED 300,000AED 727 per sqft
1 Mar 2023RentedRenewal
AED 22,000/yr12 months · AED 54 per sqft
1 Mar 2022RentedRenewal
AED 20,000/yr12 months · AED 49 per sqft
1 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
30 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedRenewal
AED 25,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 28 April 2026.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
5th of 9
Parking
G-047
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,000 /yr
Last sold
AED 300K · October 2023

About 505, Cordoba Palace

505 is a studio of 412 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 16 October 2023 for AED 300,000, or AED 727 per sqft, in line with the AED 733 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 28 April 2026, is AED 40,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 6,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 2009: AED 315,000 (AED 764 per sqft)Sold, December 2012: AED 315,000 (AED 764 per sqft)Sold, October 2023: AED 300,000 (AED 727 per sqft)

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

Rents
Unit 505, 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, September 2015: AED 35,000 a yearNew contract, September 2017: AED 35,000 a yearRenewal, September 2018: AED 32,000 a yearRenewal, September 2019: AED 25,000 a yearNew contract, September 2020: AED 20,000 a yearNew contract, March 2021: AED 20,000 a yearRenewal, March 2022: AED 20,000 a yearRenewal, March 2023: AED 22,000 a yearNew contract, March 2024: AED 38,000 a yearNew contract, April 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 505 sits

All 66 studios →

505 last sold in October 2023 at AED 727 per sqft, in line with what studios in Cordoba Palace were fetching at the time (AED 733). 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. 505'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 5th floor

All 134 units in Cordoba Palace
Value
5011-bedAED 360K · Mar 2022
5021-bedAED 625K · Aug 2016
503StudioAED 288K · Nov 2012
504StudioAED 312K · Sep 2023
5061-bedAED 630K · Oct 2025
507StudioAED 380K · May 2024
508StudioAED 350K · Oct 2025
1–7 of 15

505, Cordoba Palace in numbers

  • Sold 3 times: first on 23 August 2009 for AED 315,000, last on 16 October 2023 for AED 300,000 (AED 727 per sqft).
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2022 and recovered to AED 40,000 by April 2026.
  • At AED 40,000 a year the gross yield on the 2023 price is 13.3%, before a service charge of about AED 6,000 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 28 April 2026.

Questions about 505, Cordoba Palace

What did unit 505 last sell for?

AED 300,000 on 16 October 2023: AED 727 per sqft for 412 sqft. The unit has 3 registered sales; the first was AED 315,000 in August 2009.

What is the rent for unit 505?

AED 40,000 a year on the contract signed on 28 April 2026. The previous contract, from March 2024, was AED 38,000; the unit has been rented since September 2015.

How big is unit 505?

412 sqft (38.3 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Cordoba Palace

Starts from the last sale price (AED 300K, 16 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →