2-bed · 1,276 sqftLe Presidium 1, Dubai Silicon Oasis · 1st floor · completed 2016

103, Le Presidium 1

Sold prices and rental history: sold twice, last in January 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.03M9 January 2017
Current rentAED 65K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Le Presidium 1

What is 103 worth today?

Last sold for AED 1,030,000 in 2017

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1 Apr 2024RentedRenewal
AED 65,000/yr9 months · AED 51 per sqft
1 Apr 2023RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
1 Mar 2022RentedNew contract
AED 60,000/yr13 months · AED 47 per sqft
9 Jan 2017SoldReady
AED 1,030,000AED 807 per sqft
10 Feb 2016Sold by developerOff-plan
AED 930,611AED 729 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,276 sqft
Floor
1st of 11
Parking
B2-7
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1.03M · January 2017

About 103, Le Presidium 1

103 is a two-bedroom apartment of 1,276 sqft on the 1st floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 9 January 2017 for AED 1,030,000, or AED 807 per sqft, 7% above the AED 755 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 65,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 18,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, February 2016: AED 930,611 (AED 729 per sqft)Sold, January 2017: AED 1,030,000 (AED 807 per sqft)

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

Rents
Unit 103, 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, March 2022: AED 60,000 a yearRenewal, April 2023: AED 65,000 a yearRenewal, April 2024: AED 65,000 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 103 sits

All 22 2-beds →

103 last sold in January 2017 at AED 807 per sqft, 7% above what two-beds in Le Presidium 1 were fetching at the time (AED 755). 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. 103's AED 65,000 is at the bottom 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 59K /yr
Typical yield
6.0%
Le Presidium 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 99 units in Le Presidium 1
Value
1011-bedAED 925K · Jun 2025
1021-bedAED 787K · Oct 2025
1041-bedAED 695K · Feb 2017
1051-bedAED 695K · Feb 2017
1061-bedAED 348K · Feb 2017
1072-bedAED 1.5M · Jan 2026
1081-bedAED 600K · Dec 2016
1–7 of 8

103, Le Presidium 1 in numbers

  • Sold twice: first on 10 February 2016 for AED 930,611, last on 9 January 2017 for AED 1,030,000 (AED 807 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 6.3%, 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 1 April 2024.

Questions about 103, Le Presidium 1

What did unit 103 last sell for?

AED 1,030,000 on 9 January 2017: AED 807 per sqft for 1,276 sqft. The unit has 2 registered sales; the first was AED 930,611 in February 2016.

What is the rent for unit 103?

AED 65,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 65,000; the unit has been rented since March 2022.

How big is unit 103?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.

What is unit 103 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 103, Le Presidium 1

Starts from the last sale price (AED 1.03M, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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