Cordoba Palace
About the project
(sq. ft.)
Cordoba Palace is a 10-storey residential complex located in Dubai Silicon Oasis, one of the most popular areas in the emirate. The community is situated in a free zone technology park that stretches over an area of 7,200 sq. m. Properties are surrounded by residential buildings, commercial facilities, and recreational areas. It is an ideal place to live for those looking for a luxurious and balanced lifestyle.
The project was developed by Rockland Real Estate Developers, an international construction company, and was completed in 2013. The architectural design was implemented by Dartec Engineering Consultants, and the building features arched windows and Spanish-style wood panelling.
Properties include studios and one- to two-bedroom apartments. Residential units feature built-in closets in the master bedrooms and balconies that offer excellent views of the community centre. Two-bedroom apartments also have walk-in closets.
The complex provides a variety of amenities and services, including:
- Swimming pool
- High-speed elevators
- Parking
- Central air conditioning
- Security and video surveillance
- 24-hour concierge services
- Gym with modern equipment
- Steam bath and sauna
- Children’s playground
- Conference room
- Cycling and jogging paths
- Basketball and volleyball courts
- Cricket pitch
- Skatepark
Studios have a minimum size of 47 sq. m (510 sq. ft.). One-bedroom apartments have a minimum size of 72 sq. m (770 sq. ft.), and two-bedroom apartments have a minimum size of 124 sq. m (1,336 sq. ft.).
Studios have a starting price of AED 300,000 (USD 82,000).
*The price is valid for 2021
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 510 sq. ft.
Location
Cordoba Palace is located at the intersection of Al Ain Road Dubai and Sheikh Mohammed Bin Zayed Road, which provides easy access to other parts of the city.
The nearest bus stops, Silicon Oasis Al Waha, Eppco Muntazah Petrol Station, and Liwan Entrance, can be reached within a five- to 10-minute walk of the complex, and the nearest Metro stations are Creek, Al Jadaf, and Dubai Healthcare City.
Residents can choose from a selection of local restaurants and cafes. Ananta Restaurant serves Indian cuisine and is situated within 20 minutes of the residences. Al Humsani Restaurant can be reached within 10 minutes, and Grills & More is located within five minutes.
For groceries and household goods, residents can shop at Carrefour, Choithrams, and West Zone Fresh, which can be reached within a 10- to 15-minute walk of the apartments.
The complex is situated within a short drive of several popular destinations, including:
- DSO Lake Park, Palace Towers, and Silicon Gates – 5 minutes
- Cedre Shopping Centre – 10 minutes
- Ruby Residence, Silicon Park – 10 minutes
- Ras Al Khor Wildlife Sanctuary – 25 minutes
- Meydan Grandstand – 15 minutes
Payback
Cordoba Palace offers many profitable real estate investment opportunities. One-bedroom apartments have a return on investment rate of 9.3%, and studios have a return rate of 6.1%.
The annual rental rate for a studio starts at AED 24,000 (USD 7,000), and the annual rental rate for a one-bedroom apartment starts at AED 40,000 (USD 11,000).
Cordoba Palace is an ideal option for those looking to rent apartments in the budget segment of the local real estate market.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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