303, Le Presidium 1
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Le Presidium 1
What is 303 worth today?
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Source: Dubai Land Department. Updated 14 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,276 sqft
- Floor
- 3rd of 11
- Parking
- B2-25
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.2M · December 2023
- Building
- Le Presidium 1
About 303, Le Presidium 1
303 is a two-bedroom apartment of 1,276 sqft on the 3rd floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 14 December 2023 for AED 1,200,000, or AED 940 per sqft, in line with the AED 940 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 66,450 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 303 over time
303 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 303 sits
All 22 2-beds →303 last sold in December 2023 at AED 940 per sqft, in line with what two-beds in Le Presidium 1 were fetching at the time (AED 940). 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. 303's AED 66,450 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20261 July 2026 | 1,274 sqft | 1,500,000 | 1,177 | ||
| 22 Jan 202622 January 2026 | 1,274 sqft | 1,500,000 | 1,177 | ||
| 5 May 20255 May 2025 | 1,274 sqft | 1,480,000 | 1,162 | ||
| 1 Apr 20241 April 2024 | 1,274 sqft | 1,070,000 | 840 |
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 3rd floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,009 sqft | AED 390KAED 390,000 · Jan 2017January 2017 | 50,000 /yr | |
| 302 | 1-bed | 724 sqft | AED 595KAED 595,000 · Jan 2017January 2017 | 54,000 /yr | |
| 304 | 1-bed | 912 sqft | AED 695KAED 695,000 · Jan 2017January 2017 | 52,000 /yr | |
| 305 | 1-bed | 906 sqft | AED 350KAED 350,000 · Jan 2017January 2017 | ||
| 306 | 1-bed | 912 sqft | AED 605KAED 605,000 · Jun 2023June 2023 | 43,000 /yr | |
| 307 | 2-bed | 1,274 sqft | AED 1.48MAED 1,480,000 · May 2025May 2025 | 74,000 /yr | |
| 308 | 1-bed | 724 sqft | AED 595KAED 595,000 · Feb 2017February 2017 | 57,000 /yr | |
| 309 | 1-bed | 1,010 sqft | AED 800KAED 800,000 · May 2024May 2024 | 49,000 /yr |
303, Le Presidium 1 in numbers
- Sold 3 times: first on 3 February 2016 for AED 950,272, last on 14 December 2023 for AED 1,200,000 (AED 940 per sqft).
- Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 66,450 by August 2023.
- At AED 66,450 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 18,000 a year (AED 14.13 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 14 December 2023.
Questions about 303, Le Presidium 1
What did unit 303 last sell for?
AED 1,200,000 on 14 December 2023: AED 940 per sqft for 1,276 sqft. The unit has 3 registered sales; the first was AED 950,272 in February 2016.
What is the rent for unit 303?
AED 66,450 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 63,000; the unit has been rented since February 2017.
How big is unit 303?
1,276 sqft (118.5 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 303 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 303, Le Presidium 1
Starts from the last sale price (AED 1.2M, 14 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →