401, Le Presidium 1
Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Le Presidium 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 5 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,009 sqft
- Floor
- 4th of 11
- Parking
- B2-32
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 780K · December 2016
- Building
- Le Presidium 1
About 401, Le Presidium 1
401 is a one-bedroom apartment of 1,009 sqft on the 4th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 27 December 2016 for AED 780,000, or AED 772 per sqft, in line with the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 June 2025, is AED 48,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 14,300 a year.
Sales and rents for 401 over time
401 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 401 sits
All 77 1-beds →401 last sold in December 2016 at AED 772 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 755). 401's AED 48,000 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 4th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 724 sqft | AED 620KAED 620,000 · Aug 2016August 2016 | 44,000 /yr | |
| 403 | 2-bed | 1,276 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 85,000 /yr | |
| 404 | 1-bed | 912 sqft | AED 710KAED 710,000 · Aug 2016August 2016 | 68,000 /yr | |
| 405 | 1-bed | 906 sqft | AED 350KAED 350,000 · Apr 2018April 2018 | 63,000 /yr | |
| 406 | 1-bed | 912 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 47,250 /yr | |
| 407 | 2-bed | 1,274 sqft | AED 1.18MAED 1,175,000 · Mar 2023March 2023 | ||
| 408 | 1-bed | 724 sqft | AED 610KAED 610,000 · Sep 2016September 2016 | 53,000 /yr | |
| 409 | 1-bed | 1,010 sqft | AED 780KAED 780,000 · Mar 2017March 2017 | 73,000 /yr |
401, Le Presidium 1 in numbers
- Sold twice: first on 4 February 2016 for AED 762,831, last on 27 December 2016 for AED 780,000 (AED 772 per sqft).
- Rented since May 2022 on 4 Ejari contracts, from AED 50,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 5 June 2025.
Questions about 401, Le Presidium 1
What did unit 401 last sell for?
AED 780,000 on 27 December 2016: AED 772 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 762,831 in February 2016.
What is the rent for unit 401?
AED 48,000 a year on the contract renewed on 5 June 2025. The previous contract, from June 2025, was AED 62,000; the unit has been rented since May 2022.
How big is unit 401?
1,009 sqft (93.7 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 401 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 401, Le Presidium 1
Starts from the last sale price (AED 780K, 27 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →