1-bed · 771 sqftCordoba Palace, Dubai Silicon Oasis · 7th floor · completed 2012

701, Cordoba Palace

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 350K21 February 2021
Current rentAED 43K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Cordoba Palace

What is 701 worth today?

Last sold for AED 350,000 in 2021

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1 May 2023RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
21 Feb 2021SoldReady
AED 350,000AED 454 per sqft
10 Dec 2019RentedNew contract
AED 39,000/yr12 months · AED 50 per sqft
20 Oct 2018RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
15 Feb 2017RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
2 Jul 2014RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
10 Jun 2013RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
22 May 2013SoldReady
AED 450,000AED 583 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
7th of 9
Parking
B-051
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 11,200 /yr
Last sold
AED 350K · February 2021

About 701, Cordoba Palace

701 is a one-bedroom apartment of 771 sqft on the 7th floor of Cordoba Palace, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Sarhank Kader Developers .. It last sold on 21 February 2021 for AED 350,000, or AED 454 per sqft, in line with the AED 449 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 May 2023, is AED 43,000 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Cordoba Palace
400K600K800K2009201420192024Typical sale price by year: 2009 AED 661,995; 2010 AED 568,926; 2011 AED 346,507; 2012 AED 376,200; 2013 AED 477,500; 2014 AED 674,500; 2015 AED 698,874; 2016 AED 655,000; 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 530,000; 2025 AED 640,000; 2026 AED 750,000Sold by developer, May 2011: AED 309,728 (AED 401 per sqft)Sold, December 2012: AED 309,726 (AED 401 per sqft)Sold, May 2013: AED 450,000 (AED 583 per sqft)Sold, February 2021: AED 350,000 (AED 454 per sqft)

701 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, each contractTypical one-bed in Cordoba Palace
40K60K2012201620202024Typical rent by year: 2012 AED 37,000; 2013 AED 37,050; 2014 AED 46,200; 2015 AED 60,000; 2016 AED 57,000; 2017 AED 54,924; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 36,000; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 40,350; 2024 AED 46,000; 2025 AED 48,000; 2026 AED 57,000New contract, June 2013: AED 35,000 a yearNew contract, July 2014: AED 60,000 a yearNew contract, February 2017: AED 60,000 a yearNew contract, October 2018: AED 45,000 a yearNew contract, December 2019: AED 39,000 a yearNew contract, May 2023: AED 43,000 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 701 sits

All 68 1-beds →

701 last sold in February 2021 at AED 454 per sqft, in line with what one-beds in Cordoba Palace were fetching at the time (AED 449). 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. 701's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 2026750,000
27 Aug 2026940,000
14 Apr 2026700,000
25 Nov 2025760,000
4 1-bed 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 7th floor

All 134 units in Cordoba Palace
Value
7021-bedAED 354K · Dec 2012
703StudioAED 285K · Feb 2023
704StudioAED 316K · Dec 2012
705StudioAED 318K · Dec 2012
7061-bedAED 419K · Dec 2012
707StudioAED 440K · Apr 2016
708StudioAED 279K · May 2013
1–7 of 15

701, Cordoba Palace in numbers

  • Sold 4 times: first on 25 May 2011 for AED 309,728, last on 21 February 2021 for AED 350,000 (AED 454 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 35,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 12.3%, before a service charge of about AED 11,200 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 1 May 2023.

Questions about 701, Cordoba Palace

What did unit 701 last sell for?

AED 350,000 on 21 February 2021: AED 454 per sqft for 771 sqft. The unit has 4 registered sales; the first was AED 309,728 in May 2011.

What is the rent for unit 701?

AED 43,000 a year on the contract signed on 1 May 2023. The previous contract, from December 2019, was AED 39,000; the unit has been rented since June 2013.

How big is unit 701?

771 sqft (71.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2012.

What is unit 701 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 701, Cordoba Palace

Starts from the last sale price (AED 350K, 21 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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