1001, Le Presidium 1
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Le Presidium 1
What is 1001 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,009 sqft
- Floor
- 10th of 11
- Parking
- B1-36
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 940K · October 2024
- Building
- Le Presidium 1
About 1001, Le Presidium 1
1001 is a one-bedroom apartment of 1,009 sqft on the 10th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 31 October 2024 for AED 940,000, or AED 931 per sqft, 13% above the AED 822 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 November 2022, is AED 52,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Le Presidium 1, and where 1001 sits
All 77 1-beds →1001 last sold in October 2024 at AED 931 per sqft, 13% above what one-beds in Le Presidium 1 were fetching at the time (AED 822). 1001's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202521 October 2025 | 724 sqft | 787,000 | 1,087 | ||
| 23 Jun 202523 June 2025 | 1,009 sqft | 925,000 | 916 | ||
| 24 Oct 202424 October 2024 | 912 sqft | 750,000 | 822 | ||
| 20 May 202420 May 2024 | 1,010 sqft | 800,000 | 791 |
Le Presidium 1
Building99 apartments, 1-bed to 2-bed over 11 floors in Dubai Silicon Oasis, completed in 2016 by Credo Investments. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,177
- Typical sale
- AED 1.5M
- Typical rent
- AED 58K /yr
- Typical yield
- 6.0%
Other units on the 10th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 367 sqft | AED 598KAED 597,851 · Oct 2016October 2016 | 60,000 /yr | |
| 1003 | 2-bed | 1,276 sqft | AED 983KAED 983,040 · Nov 2016November 2016 | 81,000 /yr | |
| 1004 | 1-bed | 912 sqft | AED 700KAED 699,762 · Sep 2016September 2016 | ||
| 1005 | 1-bed | 906 sqft | AED 699KAED 699,111 · Oct 2016October 2016 | ||
| 1006 | 1-bed | 912 sqft | AED 700KAED 699,762 · Sep 2016September 2016 | 68,000 /yr | |
| 1007 | 2-bed | 1,274 sqft | AED 983KAED 983,040 · Nov 2016November 2016 | 82,000 /yr | |
| 1008 | 1-bed | 724 sqft | AED 594KAED 594,265 · Dec 2016December 2016 | 55,000 /yr | |
| 1009 | 1-bed | 1,010 sqft | AED 400KAED 399,500 · Feb 2017February 2017 |
1001, Le Presidium 1 in numbers
- Sold twice: first on 10 January 2017 for AED 799,000, last on 31 October 2024 for AED 940,000 (AED 931 per sqft).
- Rented since February 2017 on 4 Ejari contracts, from AED 70,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 31 October 2024.
Questions about 1001, Le Presidium 1
What did unit 1001 last sell for?
AED 940,000 on 31 October 2024: AED 931 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 799,000 in January 2017.
What is the rent for unit 1001?
AED 52,000 a year on the contract signed on 10 November 2022. The previous contract, from November 2020, was AED 50,000; the unit has been rented since February 2017.
How big is unit 1001?
1,009 sqft (93.7 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1001, Le Presidium 1
Starts from the last sale price (AED 940K, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →