1-bed · 878 sqftCordoba Palace, Dubai Silicon Oasis · 7th floor · completed 2012

715, Cordoba Palace

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 24 August 2024
Last soldAED 354K31 December 2012
Current rentAED 42K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Cordoba Palace

What is 715 worth today?

Last sold for AED 354,000 in 2012

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24 Aug 2024RentedRenewal
AED 41,633/yr12 months · AED 48 per sqft
25 Aug 2022RentedRenewal
AED 33,000/yr12 months · AED 37 per sqft
25 Aug 2021RentedNew contract
AED 29,000/yr12 months · AED 33 per sqft
1 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 43 per sqft
26 Jun 2018RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
27 Jun 2017RentedRenewal
AED 60,162/yr12 months · AED 68 per sqft
27 Jun 2016RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
27 Jun 2015RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 24 August 2024.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
7th of 9
Parking
B-057
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 12,800 /yr
Last sold
AED 354K · December 2012

About 715, Cordoba Palace

715 is a one-bedroom apartment of 878 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 31 December 2012 for AED 354,000, or AED 403 per sqft, in line with the AED 407 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 24 August 2024, is AED 41,633 a year: a gross yield of 11.8% on the 2012 price, before the service charge of about AED 12,800 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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, July 2011: AED 354,000 (AED 403 per sqft)Sold, December 2012: AED 354,000 (AED 403 per sqft)

715 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 715, 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 35,700 a yearNew contract, June 2014: AED 60,000 a yearRenewal, June 2015: AED 60,000 a yearRenewal, June 2016: AED 60,000 a yearRenewal, June 2017: AED 60,162 a yearRenewal, June 2018: AED 60,000 a yearNew contract, September 2019: AED 38,000 a yearNew contract, August 2021: AED 29,000 a yearRenewal, August 2022: AED 33,000 a yearRenewal, August 2024: AED 41,633 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 715 sits

All 68 1-beds →

715 last sold in December 2012 at AED 403 per sqft, in line with what one-beds in Cordoba Palace were fetching at the time (AED 407). 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. 715's AED 41,633 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
7011-bedAED 350K · Feb 2021
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
1–7 of 15

715, Cordoba Palace in numbers

  • Sold twice: first on 14 July 2011 for AED 354,000, last on 31 December 2012 for AED 354,000 (AED 403 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 35,700 to AED 29,000 in 2021 and recovered to AED 41,633 by August 2024.
  • At AED 41,633 a year the gross yield on the 2012 price is 11.8%, before a service charge of about AED 12,800 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 24 August 2024.

Questions about 715, Cordoba Palace

What did unit 715 last sell for?

AED 354,000 on 31 December 2012: AED 403 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 354,000 in July 2011.

What is the rent for unit 715?

AED 41,633 a year on the contract renewed on 24 August 2024. The previous contract, from August 2022, was AED 33,000; the unit has been rented since June 2013.

How big is unit 715?

878 sqft (81.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2012.

What is unit 715 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 715, Cordoba Palace

Starts from the last sale price (AED 354K, 31 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 354,000
Deposit, UAE resident (20%)
AED 70,800
Deposit, non-resident (40%)
AED 141,600
Monthly over 25 years at 3.7%
AED 1,448

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