409, Le Presidium 1
Sold prices and rental history: sold twice, last in March 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Le Presidium 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 4 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,010 sqft
- Floor
- 4th of 11
- Parking
- B2-51
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 780K · March 2017
- Building
- Le Presidium 1
About 409, Le Presidium 1
409 is a one-bedroom apartment of 1,010 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 2 March 2017 for AED 780,000, or AED 772 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 December 2025, is AED 73,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 14,300 a year.
Sales and rents for 409 over time
409 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 409 sits
All 77 1-beds →409 last sold in March 2017 at AED 772 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 776). 409's AED 73,000 is in the upper 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 | |
| 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, Le Presidium 1 in numbers
- Sold twice: first on 4 February 2016 for AED 762,831, last on 2 March 2017 for AED 780,000 (AED 772 per sqft).
- Rented since November 2024 on 2 Ejari contracts, at AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 4 December 2025.
Questions about 409, Le Presidium 1
What did unit 409 last sell for?
AED 780,000 on 2 March 2017: AED 772 per sqft for 1,010 sqft. The unit has 2 registered sales; the first was AED 762,831 in February 2016.
What is the rent for unit 409?
AED 73,000 a year on the contract signed on 4 December 2025. The previous contract, from November 2024, was AED 73,000.
How big is unit 409?
1,010 sqft (93.8 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 409 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 409, Le Presidium 1
Starts from the last sale price (AED 780K, 2 March 2017). 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 →