501, Le Presidium 1
Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Le Presidium 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 19 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 11
- Parking
- B2-33
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 780K · December 2016
- Building
- Le Presidium 1
About 501, Le Presidium 1
501 is a one-bedroom apartment of 1,009 sqft on the 5th 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 2017 on 9 Ejari contracts. The current contract, renewed on 19 March 2025, is AED 65,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 14,300 a year.
Sales and rents for 501 over time
501 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 501 sits
All 77 1-beds →501 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). 501's AED 65,000 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 5th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 724 sqft | AED 580KAED 580,000 · Oct 2016October 2016 | ||
| 503 | 2-bed | 1,276 sqft | AED 1.04MAED 1,035,000 · Oct 2016October 2016 | ||
| 504 | 1-bed | 912 sqft | AED 710KAED 710,000 · Oct 2016October 2016 | ||
| 505 | 1-bed | 906 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 57,000 /yr | |
| 506 | 1-bed | 912 sqft | AED 345KAED 345,000 · Jul 2018July 2018 | 57,000 /yr | |
| 507 | 2-bed | 1,274 sqft | AED 844KAED 844,000 · Dec 2021December 2021 | 53,000 /yr | |
| 508 | 1-bed | 724 sqft | AED 595KAED 595,000 · Aug 2016August 2016 | 55,000 /yr | |
| 509 | 1-bed | 1,010 sqft | AED 765KAED 765,000 · Feb 2017February 2017 |
501, 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 February 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 65,000 by March 2025.
- At AED 65,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 19 March 2025.
Questions about 501, Le Presidium 1
What did unit 501 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 501?
AED 65,000 a year on the contract renewed on 19 March 2025. The previous contract, from March 2025, was AED 65,000; the unit has been rented since February 2017.
How big is unit 501?
1,009 sqft (93.7 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 501 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 501, 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 →