1-bed · 724 sqftLe Presidium 1, Dubai Silicon Oasis · 11th floor · completed 2016

1108, Le Presidium 1

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 594K14 December 2016
Current rentAED 56K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Le Presidium 1

What is 1108 worth today?

Last sold for AED 594,265 in 2016

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7 Feb 2026RentedRenewal
AED 56,000/yr12 months · AED 77 per sqft
7 Feb 2025RentedRenewal
AED 56,000/yr12 months · AED 77 per sqft
7 Feb 2024RentedRenewal
AED 52,000/yr12 months · AED 72 per sqft
7 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft
7 Feb 2022RentedNew contract
AED 39,000/yr12 months · AED 54 per sqft
12 Nov 2021RentedRenewal
AED 36,000/yr12 months · AED 50 per sqft
9 Dec 2020RentedNew contract
AED 36,000/yr11 months · AED 50 per sqft
12 Nov 2019RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
11th of 11
Parking
B1-68
Developer
Credo Investments
Completed
2016
Service charge
AED 10,200 /yr
Last sold
AED 594K · December 2016

About 1108, Le Presidium 1

1108 is a one-bedroom apartment of 724 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 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 2017 on 10 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 56,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Le Presidium 1
600K700K800K2016201920222025Typical sale price by year: 2016 AED 667,537; 2017 AED 695,000; 2023 AED 595,000; 2024 AED 800,000Sold by developer, December 2016: AED 594,265 (AED 821 per sqft)

1108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Le Presidium 1
40K60K2016201920222025Typical rent by year: 2016 AED 64,436; 2017 AED 60,000; 2018 AED 57,500; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,653; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 56,000New contract, November 2017: AED 55,000 a yearRenewal, November 2018: AED 50,000 a yearRenewal, November 2019: AED 45,000 a yearNew contract, December 2020: AED 36,000 a yearRenewal, November 2021: AED 36,000 a yearNew contract, February 2022: AED 39,000 a yearRenewal, February 2023: AED 45,000 a yearRenewal, February 2024: AED 52,000 a yearRenewal, February 2025: AED 56,000 a yearRenewal, February 2026: AED 56,000 a year

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 1108 sits

All 77 1-beds →

1108 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). 1108's AED 56,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2025787,000
23 Jun 2025925,000
31 Oct 2024940,000
24 Oct 2024750,000
0 1-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
11072-bedAED 1.01M · Nov 2016
1–7 of 8

1108, 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 November 2017 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2021 and recovered to AED 56,000 by February 2026.
  • At AED 56,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 10,200 a year (AED 14.13 per sqft).

Source: Dubai Land Department. Updated 7 February 2026.

Questions about 1108, Le Presidium 1

What did unit 1108 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 1108?

AED 56,000 a year on the contract renewed on 7 February 2026. The previous contract, from February 2025, was AED 56,000; the unit has been rented since November 2017.

How big is unit 1108?

724 sqft (67.3 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.

What is unit 1108 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 1108, 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 →