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

306, Le Presidium 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 605K5 June 2023
Current rentAED 43K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Le Presidium 1

What is 306 worth today?

Last sold for AED 605,000 in 2023

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5 Jun 2023SoldReady
AED 605,000AED 663 per sqft
1 Oct 2022RentedRenewal
AED 43,000/yr12 months · AED 47 per sqft
1 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
24 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
24 Jul 2019RentedNew contract
AED 52,000/yr12 months · AED 57 per sqft
22 Dec 2016SoldReady
AED 695,000AED 762 per sqft
3 Feb 2016Sold by developerOff-plan
AED 667,537AED 731 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
3rd of 11
Parking
B2-28
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 605K · June 2023

About 306, Le Presidium 1

306 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 5 June 2023 for AED 605,000, or AED 663 per sqft, in line with the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 43,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 12,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, December 2016: AED 695,000 (AED 762 per sqft)Sold, June 2023: AED 605,000 (AED 663 per sqft)

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

Rents
Unit 306, 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, July 2019: AED 52,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 43,000 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 306 sits

All 77 1-beds →

306 last sold in June 2023 at AED 663 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 662). 306's AED 43,000 is at the bottom 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 59K /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
3041-bedAED 695K · Jan 2017
3051-bedAED 350K · Jan 2017
3072-bedAED 1.48M · May 2025
3081-bedAED 595K · Feb 2017
1–7 of 8

306, Le Presidium 1 in numbers

  • Sold 3 times: first on 3 February 2016 for AED 667,537, last on 5 June 2023 for AED 605,000 (AED 663 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 52,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).

Source: Dubai Land Department. Updated 5 June 2023.

Questions about 306, Le Presidium 1

What did unit 306 last sell for?

AED 605,000 on 5 June 2023: AED 663 per sqft for 912 sqft. The unit has 3 registered sales; the first was AED 667,537 in February 2016.

What is the rent for unit 306?

AED 43,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 40,000; the unit has been rented since July 2019.

How big is unit 306?

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

What is unit 306 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 306, Le Presidium 1

Starts from the last sale price (AED 605K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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