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

203, Le Presidium 1

Sold prices and rental history: sold 3 times, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 22 August 2023
Last soldAED 1.25M22 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Le Presidium 1

What is 203 worth today?

Last sold for AED 1,250,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Aug 2023SoldReady
AED 1,250,000AED 979 per sqft
17 Oct 2016SoldOff-plan
AED 1,160,000AED 909 per sqft
3 Feb 2016Sold by developerOff-plan
AED 930,611AED 729 per sqft

Source: Dubai Land Department. Updated 22 August 2023.

Key facts

Type
2-bed apartment
Size
1,276 sqft
Floor
2nd of 11
Parking
B2-16
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1.25M · August 2023

About 203, Le Presidium 1

203 is a two-bedroom apartment of 1,276 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 22 August 2023 for AED 1,250,000, or AED 979 per sqft, 6% above the AED 922 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Le Presidium 1
1M1.2M201620192022Typical 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, October 2016: AED 1,160,000 (AED 909 per sqft)Sold, August 2023: AED 1,250,000 (AED 979 per sqft)

203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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 203 sits

All 22 2-beds →

203 last sold in August 2023 at AED 979 per sqft, 6% above what two-beds in Le Presidium 1 were fetching at the time (AED 922). 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 2nd floor

All 99 units in Le Presidium 1
Value
2011-bedAED 655K · Dec 2021
2021-bedAED 505K · Aug 2023
2041-bedAED 700K · Oct 2016
2051-bedAED 695K · Jan 2017
2061-bedAED 700K · Jan 2017
2072-bedAED 1.04M · Dec 2016
2081-bedAED 586K · Apr 2017
1–7 of 8

203, Le Presidium 1 in numbers

  • Sold 3 times: first on 3 February 2016 for AED 930,611, last on 22 August 2023 for AED 1,250,000 (AED 979 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 22 August 2023.

Questions about 203, Le Presidium 1

What did unit 203 last sell for?

AED 1,250,000 on 22 August 2023: AED 979 per sqft for 1,276 sqft. The unit has 3 registered sales; the first was AED 930,611 in February 2016.

How big is unit 203?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2016.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Le Presidium 1

Starts from the last sale price (AED 1.25M, 22 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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