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2-bed · 1,274 sqftLe Presidium 1, Dubai Silicon Oasis · 11th floor · completed 2016

1107, Le Presidium 1

Sold prices and rental history: sold once, by the developer in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 9 November 2016
Last soldAED 1.01M9 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1107, Le Presidium 1

What is 1107 worth today?

Last sold for AED 1,009,254 in 2016

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9 Nov 2016Sold by developerReady
AED 1,009,254AED 792 per sqft

Source: Dubai Land Department. Updated 9 November 2016.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
11th of 11
Parking
B1-67
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1.01M · November 2016
Building
Le Presidium 1

About 1107, Le Presidium 1

1107 is a two-bedroom apartment of 1,274 sqft on the 11th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 9 November 2016 for AED 1,009,254, or AED 792 per sqft, 6% above the AED 746 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1107 over time

Sales
Unit 1107, 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 1,009,254 (AED 792 per sqft)

1107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1107, 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 86,000

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 1107 sits

All 22 2-beds →

1107 last sold in November 2016 at AED 792 per sqft, 6% 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.

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 11th floor

All 99 units in Le Presidium 1
Value
11011-bedAED 773K · Dec 2016
11021-bedAED 594K · Dec 2016
11032-bedAED 963K · Dec 2016
11041-bedAED 759K · Oct 2016
11051-bedAED 704K · Oct 2016
11061-bedAED 677K · Dec 2016
11081-bedAED 594K · Dec 2016
1–7 of 8

1107, Le Presidium 1 in numbers

  • Sold once: by Credo Investments on 9 November 2016 for AED 1,009,254, or AED 792 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 9 November 2016.

Questions about 1107, Le Presidium 1

What did unit 1107 last sell for?

AED 1,009,254 on 9 November 2016, sold by the developer: AED 792 per sqft for 1,274 sqft. It is the only registered sale of the unit.

How big is unit 1107?

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

What is unit 1107 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 1107, Le Presidium 1

Starts from the last sale price (AED 1.01M, 9 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,009,254
Deposit, UAE resident (20%)
AED 201,851
Deposit, non-resident (40%)
AED 403,702
Monthly over 25 years at 3.7%
AED 4,129

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