2-bed · 1,274 sqftLe Presidium 1, Dubai Silicon Oasis · 10th floor · completed 2016

1007, Le Presidium 1

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 983K6 November 2016
Current rentAED 82K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Le Presidium 1

What is 1007 worth today?

Last sold for AED 983,040 in 2016

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22 Aug 2026RentedRenewal
AED 82,000/yr12 months · AED 65 per sqft
22 Aug 2025RentedRenewal
AED 84,000/yr12 months · AED 66 per sqft
22 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 63 per sqft
22 Aug 2023RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
22 Aug 2022RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
22 Aug 2021RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
22 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
6 Nov 2016Sold by developerReady
AED 983,040AED 771 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
10th of 11
Parking
B1-72
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 983K · November 2016

About 1007, Le Presidium 1

1007 is a two-bedroom apartment of 1,274 sqft on the 10th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 6 November 2016 for AED 983,040, or AED 771 per sqft, 3% above the AED 746 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 82,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Le Presidium 1
1M1.2M20162018202020222024Typical sale price by year: 2016 AED 950,272; 2017 AED 1,018,040; 2023 AED 1,200,000Sold by developer, November 2016: AED 983,040 (AED 771 per sqft)

1007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Le Presidium 1
60K80K2017202020232026Typical rent by year: 2017 AED 86,500; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 65,000; 2021 AED 61,000; 2022 AED 65,000; 2023 AED 66,450; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 86,000New contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 65,000 a yearRenewal, August 2022: AED 65,000 a yearRenewal, August 2023: AED 70,000 a yearRenewal, August 2024: AED 80,000 a yearRenewal, August 2025: AED 84,000 a yearRenewal, August 2026: AED 82,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Le Presidium 1, and where 1007 sits

All 22 2-beds →

1007 last sold in November 2016 at AED 771 per sqft, 3% above what two-beds in Le Presidium 1 were fetching at the time (AED 746). Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,177 per sqft, and rent for AED 71,663 to 95,000 a year. 1007's AED 82,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jul 20261,500,000
22 Jan 20261,500,000
5 May 20251,480,000
1 Apr 20241,070,000
2 2-bed sales in the last 12 months

Le Presidium 1

Building

99 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%
Le Presidium 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 10th floor

All 99 units in Le Presidium 1
Value
10011-bedAED 940K · Oct 2024
10021-bedAED 598K · Oct 2016
10032-bedAED 983K · Nov 2016
10041-bedAED 700K · Sep 2016
10051-bedAED 699K · Oct 2016
10061-bedAED 700K · Sep 2016
10081-bedAED 594K · Dec 2016
1–7 of 8

1007, Le Presidium 1 in numbers

  • Sold once: by Credo Investments on 6 November 2016 for AED 983,040, or AED 771 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 65,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 18,000 a year (AED 14.13 per sqft).
  • Two-beds in Le Presidium 1 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,177 per sqft.

Source: Dubai Land Department. Updated 22 August 2026.

Questions about 1007, Le Presidium 1

What did unit 1007 last sell for?

AED 983,040 on 6 November 2016, sold by the developer: AED 771 per sqft for 1,274 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 82,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 84,000; the unit has been rented since August 2020.

How big is unit 1007?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Le Presidium 1 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,177 per sqft.

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Mortgage on 1007, Le Presidium 1

Starts from the last sale price (AED 983K, 6 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 983,040
Deposit, UAE resident (20%)
AED 196,608
Deposit, non-resident (40%)
AED 393,216
Monthly over 25 years at 3.7%
AED 4,022

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