406, Le Presidium 1
Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Le Presidium 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 4th of 11
- Parking
- B2-54
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,900 /yr
- Last sold
- AED 705K · October 2016
- Building
- Le Presidium 1
About 406, Le Presidium 1
406 is a one-bedroom apartment of 912 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 17 October 2016 for AED 705,000, or AED 773 per sqft, 5% above the AED 739 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 47,250 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 12,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 77 1-beds →406 last sold in October 2016 at AED 773 per sqft, 5% above what one-beds in Le Presidium 1 were fetching at the time (AED 739). 406's AED 47,250 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,009 sqft | AED 780KAED 780,000 · Dec 2016December 2016 | 62,000 /yr | |
| 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 | |
| 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 |
406, Le Presidium 1 in numbers
- Sold twice: first on 3 February 2016 for AED 667,537, last on 17 October 2016 for AED 705,000 (AED 773 per sqft).
- Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 47,250 by June 2026.
- At AED 47,250 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 20 June 2026.
Questions about 406, Le Presidium 1
What did unit 406 last sell for?
AED 705,000 on 17 October 2016: AED 773 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 406?
AED 47,250 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 47,250; the unit has been rented since December 2016.
How big is unit 406?
912 sqft (84.7 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 406 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 406, Le Presidium 1
Starts from the last sale price (AED 705K, 17 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 705,000
- Deposit, UAE resident (20%)
- AED 141,000
- Deposit, non-resident (40%)
- AED 282,000
- Monthly over 25 years at 3.7%
- AED 2,884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →