1-bed · 912 sqftLe Presidium 1, Dubai Silicon Oasis · 3rd floor · completed 2016

304, Le Presidium 1

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 695K23 January 2017
Current rentAED 52K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Le Presidium 1

What is 304 worth today?

Last sold for AED 695,000 in 2017

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15 Jan 2024RentedRenewal
AED 52,000/yr12 months · AED 57 per sqft
15 Jan 2023RentedRenewal
AED 52,000/yr12 months · AED 57 per sqft
15 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
15 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
5 Aug 2018RentedRenewal
AED 56,500/yr12 months · AED 62 per sqft
5 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
23 Jan 2017SoldReady
AED 695,000AED 762 per sqft
3 Feb 2016Sold by developerOff-plan
AED 667,537AED 731 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
3rd of 11
Parking
B2-26
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 695K · January 2017

About 304, Le Presidium 1

304 is a one-bedroom apartment of 912 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 23 January 2017 for AED 695,000, or AED 762 per sqft, in line with the AED 762 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 52,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 12,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2016: AED 667,537 (AED 731 per sqft)Sold, January 2017: AED 695,000 (AED 762 per sqft)

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

Rents
Unit 304, 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, August 2017: AED 60,000 a yearRenewal, August 2018: AED 56,500 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 52,000 a yearRenewal, January 2024: AED 52,000 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 304 sits

All 77 1-beds →

304 last sold in January 2017 at AED 762 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 762). 304's AED 52,000 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 3rd floor

All 99 units in Le Presidium 1
Value
3011-bedAED 390K · Jan 2017
3021-bedAED 595K · Jan 2017
3032-bedAED 1.2M · Dec 2023
3051-bedAED 350K · Jan 2017
3061-bedAED 605K · Jun 2023
3072-bedAED 1.48M · May 2025
3081-bedAED 595K · Feb 2017
1–7 of 8

304, Le Presidium 1 in numbers

  • Sold twice: first on 3 February 2016 for AED 667,537, last on 23 January 2017 for AED 695,000 (AED 762 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2022 and recovered to AED 52,000 by January 2024.
  • At AED 52,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).

Source: Dubai Land Department. Updated 15 January 2024.

Questions about 304, Le Presidium 1

What did unit 304 last sell for?

AED 695,000 on 23 January 2017: AED 762 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 667,537 in February 2016.

What is the rent for unit 304?

AED 52,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 52,000; the unit has been rented since August 2017.

How big is unit 304?

912 sqft (84.7 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.

What is unit 304 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 304, Le Presidium 1

Starts from the last sale price (AED 695K, 23 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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