1109, 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 1109, Le Presidium 1
What is 1109 worth today?
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Source: Dubai Land Department. Updated 3 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,010 sqft
- Floor
- 11th of 11
- Parking
- B1-69
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 773K · December 2016
- Building
- Le Presidium 1
About 1109, Le Presidium 1
1109 is a one-bedroom apartment of 1,010 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 15 December 2016 for AED 773,352, or AED 765 per sqft, in line with 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 3 April 2024, is AED 55,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1109 over time
1109 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 1109 sits
All 77 1-beds →1109 last sold in December 2016 at AED 765 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 755). 1109'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 11th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 1,009 sqft | AED 773KAED 773,352 · Dec 2016December 2016 | 57,750 /yr | |
| 1102 | 1-bed | 724 sqft | AED 594KAED 594,183 · Dec 2016December 2016 | 46,085 /yr | |
| 1103 | 2-bed | 1,276 sqft | AED 963KAED 963,379 · Dec 2016December 2016 | 50,000 /yr | |
| 1104 | 1-bed | 912 sqft | AED 759KAED 758,970 · Oct 2016October 2016 | 53,000 /yr | |
| 1105 | 1-bed | 906 sqft | AED 704KAED 703,680 · Oct 2016October 2016 | ||
| 1106 | 1-bed | 912 sqft | AED 677KAED 676,744 · Dec 2016December 2016 | 57,000 /yr | |
| 1107 | 2-bed | 1,274 sqft | AED 1.01MAED 1,009,254 · Nov 2016November 2016 | ||
| 1108 | 1-bed | 724 sqft | AED 594KAED 594,265 · Dec 2016December 2016 | 56,000 /yr |
1109, Le Presidium 1 in numbers
- Sold once: by Credo Investments on 15 December 2016 for AED 773,352, or AED 765 per sqft.
- Rented since November 2016 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 42,000 in 2021 and recovered to AED 55,000 by April 2024.
- At AED 55,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 3 April 2024.
Questions about 1109, Le Presidium 1
What did unit 1109 last sell for?
AED 773,352 on 15 December 2016, sold by the developer: AED 765 per sqft for 1,010 sqft. It is the only registered sale of the unit.
What is the rent for unit 1109?
AED 55,000 a year on the contract renewed on 3 April 2024. The previous contract, from April 2024, was AED 55,000; the unit has been rented since November 2016.
How big is unit 1109?
1,010 sqft (93.8 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.
What is unit 1109 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 1109, Le Presidium 1
Starts from the last sale price (AED 773K, 15 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 773,352
- Deposit, UAE resident (20%)
- AED 154,670
- Deposit, non-resident (40%)
- AED 309,341
- Monthly over 25 years at 3.7%
- AED 3,164
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →