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

716, Cordoba Palace

Sold prices and rental history: sold twice, last in November 2015, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 17 November 2015
Last soldAED 640K17 November 2015
Current rentAED 62K /yr21 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Cordoba Palace

What is 716 worth today?

Last sold for AED 640,000 in 2015

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17 Nov 2015SoldReady
AED 640,000AED 830 per sqft
21 Jun 2014RentedNew contract
AED 62,000/yr12 months · AED 80 per sqft
20 Jan 2014Sold by developerReady
AED 635,000AED 823 per sqft

Source: Dubai Land Department. Updated 17 November 2015.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
7th of 9
Parking
B-058
Developer
Sarhank Kader Developers .
Completed
2012
Service charge
AED 11,200 /yr
Last sold
AED 640K · November 2015

About 716, Cordoba Palace

716 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 17 November 2015 for AED 640,000, or AED 830 per sqft, 4% above the AED 798 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 June 2014. The current contract, signed on 21 June 2014, is AED 62,000 a year: a gross yield of 9.7% on the 2015 price, before the service charge of about AED 11,200 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, January 2014: AED 635,000 (AED 823 per sqft)Sold, November 2015: AED 640,000 (AED 830 per sqft)

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

Rents
Unit 716, 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 2014: AED 62,000 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 716 sits

All 68 1-beds →

716 last sold in November 2015 at AED 830 per sqft, 4% above what one-beds in Cordoba Palace were fetching at the time (AED 798). 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. 716's AED 62,000 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
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

716, Cordoba Palace in numbers

  • Sold twice: first on 20 January 2014 for AED 635,000, last on 17 November 2015 for AED 640,000 (AED 830 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2015 price is 9.7%, 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 17 November 2015.

Questions about 716, Cordoba Palace

What did unit 716 last sell for?

AED 640,000 on 17 November 2015: AED 830 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 635,000 in January 2014.

What is the rent for unit 716?

AED 62,000 a year on the contract signed on 21 June 2014.

How big is unit 716?

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

What is unit 716 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 716, Cordoba Palace

Starts from the last sale price (AED 640K, 17 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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