202, Le Presidium 1
Sold prices and rental history: sold 3 times, last in August 2023, 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 202, Le Presidium 1
What is 202 worth today?
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Source: Dubai Land Department. Updated 6 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 2nd of 11
- Parking
- B2-15
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 505K · August 2023
- Building
- Le Presidium 1
About 202, Le Presidium 1
202 is a one-bedroom apartment of 724 sqft on the 2nd floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 3 August 2023 for AED 505,000, or AED 697 per sqft, 5% above the AED 663 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 6 February 2024, is AED 53,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 202 over time
202 has sold 3 times; 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 202 sits
All 77 1-beds →202 last sold in August 2023 at AED 697 per sqft, 5% above what one-beds in Le Presidium 1 were fetching at the time (AED 663). 202's AED 53,000 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 2nd floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 1,009 sqft | AED 655KAED 655,000 · Dec 2021December 2021 | 82,000 /yr | |
| 203 | 2-bed | 1,276 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | ||
| 204 | 1-bed | 912 sqft | AED 700KAED 700,000 · Oct 2016October 2016 | ||
| 205 | 1-bed | 906 sqft | AED 695KAED 695,000 · Jan 2017January 2017 | ||
| 206 | 1-bed | 912 sqft | AED 700KAED 700,000 · Jan 2017January 2017 | ||
| 207 | 2-bed | 1,274 sqft | AED 1.04MAED 1,035,000 · Dec 2016December 2016 | 95,000 /yr | |
| 208 | 1-bed | 724 sqft | AED 586KAED 586,000 · Apr 2017April 2017 | 55,000 /yr | |
| 209 | 1-bed | 1,010 sqft | AED 388KAED 387,500 · Jul 2017July 2017 |
202, Le Presidium 1 in numbers
- Sold 3 times: first on 3 February 2016 for AED 520,828, last on 3 August 2023 for AED 505,000 (AED 697 per sqft).
- Rented since October 2016 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 53,000 by February 2024.
- At AED 53,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 10,200 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 6 February 2024.
Questions about 202, Le Presidium 1
What did unit 202 last sell for?
AED 505,000 on 3 August 2023: AED 697 per sqft for 724 sqft. The unit has 3 registered sales; the first was AED 520,828 in February 2016.
What is the rent for unit 202?
AED 53,000 a year on the contract signed on 6 February 2024. The previous contract, from August 2022, was AED 35,000; the unit has been rented since October 2016.
How big is unit 202?
724 sqft (67.3 sqm): a one-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2016.
What is unit 202 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 202, Le Presidium 1
Starts from the last sale price (AED 505K, 3 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →