Studio · 425 sqftCordoba Palace, Dubai Silicon Oasis · 7th floor · completed 2012

704, Cordoba Palace

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 316K30 December 2012
Current rentAED 35K /yr28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Cordoba Palace

What is 704 worth today?

Last sold for AED 315,980 in 2012

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28 Mar 2024RentedNew contract
AED 35,000/yr12 months · AED 82 per sqft
6 Mar 2023RentedRenewal
AED 27,600/yr12 months · AED 65 per sqft
6 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 57 per sqft
22 Jan 2021RentedRenewal
AED 21,000/yr12 months · AED 50 per sqft
22 Jan 2020RentedRenewal
AED 25,000/yr12 months · AED 60 per sqft
22 Jan 2019RentedNew contract
AED 28,000/yr12 months · AED 67 per sqft
22 Oct 2017RentedNew contract
AED 37,000/yr12 months · AED 88 per sqft
5 Sep 2015RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
7th of 9
Parking
G-060
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 6,200 /yr
Last sold
AED 316K · December 2012

About 704, Cordoba Palace

704 is a studio of 425 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 30 December 2012 for AED 315,980, or AED 744 per sqft, 3% below the AED 768 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 28 March 2024, is AED 35,000 a year: a gross yield of 11.1% on the 2012 price, before the service charge of about AED 6,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 315,980 (AED 744 per sqft)Sold, December 2012: AED 315,980 (AED 744 per sqft)

704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Cordoba Palace
20K40K2012201620202024Typical 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, August 2014: AED 43,000 a yearNew contract, September 2015: AED 44,000 a yearNew contract, October 2017: AED 37,000 a yearNew contract, January 2019: AED 28,000 a yearRenewal, January 2020: AED 25,000 a yearRenewal, January 2021: AED 21,000 a yearNew contract, March 2022: AED 24,000 a yearRenewal, March 2023: AED 27,600 a yearNew contract, March 2024: AED 35,000 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 704 sits

All 66 studios →

704 last sold in December 2012 at AED 744 per sqft, 3% below what studios in Cordoba Palace were fetching at the time (AED 768). 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. 704's AED 35,000 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 7th floor

All 134 units in Cordoba Palace
Value
7011-bedAED 350K · Feb 2021
7021-bedAED 354K · Dec 2012
703StudioAED 285K · Feb 2023
705StudioAED 318K · Dec 2012
7061-bedAED 419K · Dec 2012
707StudioAED 440K · Apr 2016
708StudioAED 279K · May 2013
1–7 of 15

704, Cordoba Palace in numbers

  • Sold twice: first on 23 August 2009 for AED 315,980, last on 30 December 2012 for AED 315,980 (AED 744 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 43,000 to AED 21,000 in 2021 and recovered to AED 35,000 by March 2024.
  • At AED 35,000 a year the gross yield on the 2012 price is 11.1%, before a service charge of about AED 6,200 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 March 2024.

Questions about 704, Cordoba Palace

What did unit 704 last sell for?

AED 315,980 on 30 December 2012: AED 744 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 315,980 in August 2009.

What is the rent for unit 704?

AED 35,000 a year on the contract signed on 28 March 2024. The previous contract, from March 2023, was AED 27,600; the unit has been rented since August 2014.

How big is unit 704?

425 sqft (39.5 sqm): a studio on the 7th floor of a 9-storey tower completed in 2012.

What is unit 704 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 704, Cordoba Palace

Starts from the last sale price (AED 316K, 30 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 315,980
Deposit, UAE resident (20%)
AED 63,196
Deposit, non-resident (40%)
AED 126,392
Monthly over 25 years at 3.7%
AED 1,293

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