309, Le Presidium 1
Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Le Presidium 1
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,010 sqft
- Floor
- 3rd of 11
- Parking
- B2-31
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 800K · May 2024
- Building
- Le Presidium 1
About 309, Le Presidium 1
309 is a one-bedroom apartment of 1,010 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 20 May 2024 for AED 800,000, or AED 791 per sqft, 13% above the AED 697 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 June 2024, is AED 49,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for 309 over time
309 has sold twice; 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 309 sits
All 77 1-beds →309 last sold in May 2024 at AED 791 per sqft, 13% above what one-beds in Le Presidium 1 were fetching at the time (AED 697). 309's AED 49,000 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 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 | |
| 303 | 2-bed | 1,276 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 66,450 /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, Le Presidium 1 in numbers
- Sold twice: first on 4 July 2017 for AED 387,500, last on 20 May 2024 for AED 800,000 (AED 791 per sqft).
- Rented since June 2022 on 3 Ejari contracts, at AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 1 June 2024.
Questions about 309, Le Presidium 1
What did unit 309 last sell for?
AED 800,000 on 20 May 2024: AED 791 per sqft for 1,010 sqft. The unit has 2 registered sales; the first was AED 387,500 in July 2017.
What is the rent for unit 309?
AED 49,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2023, was AED 49,000; the unit has been rented since June 2022.
How big is unit 309?
1,010 sqft (93.8 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 309 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 309, Le Presidium 1
Starts from the last sale price (AED 800K, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →