1008, Le Presidium 1
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Le Presidium 1
What is 1008 worth today?
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Source: Dubai Land Department. Updated 10 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 10th of 11
- Parking
- B1-71
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 594K · December 2016
- Building
- Le Presidium 1
About 1008, Le Presidium 1
1008 is a one-bedroom apartment of 724 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 14 December 2016 for AED 594,265, or AED 821 per sqft, 9% above the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 10 November 2026, is AED 55,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 1008 over time
1008 has sold once; 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 1008 sits
All 77 1-beds →1008 last sold in December 2016 at AED 821 per sqft, 9% above what one-beds in Le Presidium 1 were fetching at the time (AED 755). 1008's AED 55,000 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 | ||
| 31 Oct 202431 October 2024 | 1,009 sqft | 940,000 | 931 | ||
| 24 Oct 202424 October 2024 | 912 sqft | 750,000 | 822 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,009 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 52,000 /yr | |
| 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 | |
| 1009 | 1-bed | 1,010 sqft | AED 400KAED 399,500 · Feb 2017February 2017 |
1008, Le Presidium 1 in numbers
- Sold once: by Credo Investments on 14 December 2016 for AED 594,265, or AED 821 per sqft.
- Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 58,000 to AED 35,000 in 2021 and recovered to AED 55,000 by November 2026.
- At AED 55,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 10,200 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 10 November 2026.
Questions about 1008, Le Presidium 1
What did unit 1008 last sell for?
AED 594,265 on 14 December 2016, sold by the developer: AED 821 per sqft for 724 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 55,000 a year on the contract renewed on 10 November 2026. The previous contract, from November 2025, was AED 55,000; the unit has been rented since December 2016.
How big is unit 1008?
724 sqft (67.3 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1008 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 1008, Le Presidium 1
Starts from the last sale price (AED 594K, 14 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 594,265
- Deposit, UAE resident (20%)
- AED 118,853
- Deposit, non-resident (40%)
- AED 237,706
- Monthly over 25 years at 3.7%
- AED 2,431
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →