1-bed · 724 sqftLe Presidium 1, Dubai Silicon Oasis · 5th floor · completed 2016

502, Le Presidium 1

Sold prices and rental history: sold twice, last in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 10 October 2016
Last soldAED 580K10 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Le Presidium 1

What is 502 worth today?

Last sold for AED 580,000 in 2016

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10 Oct 2016SoldOff-plan
AED 580,000AED 801 per sqft
4 Feb 2016Sold by developerOff-plan
AED 531,831AED 734 per sqft

Source: Dubai Land Department. Updated 10 October 2016.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
5th of 11
Parking
B2-34
Developer
Credo Investments
Completed
2016
Service charge
AED 10,200 /yr
Last sold
AED 580K · October 2016

About 502, Le Presidium 1

502 is a one-bedroom apartment of 724 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 10 October 2016 for AED 580,000, or AED 801 per sqft, 9% above the AED 737 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Le Presidium 1
600K800K2016201920222025Typical sale price by year: 2016 AED 667,537; 2017 AED 695,000; 2023 AED 595,000; 2024 AED 800,000Sold by developer, February 2016: AED 531,831 (AED 734 per sqft)Sold, October 2016: AED 580,000 (AED 801 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Le Presidium 1
40K60K2016201920222025Typical rent by year: 2016 AED 64,436; 2017 AED 60,000; 2018 AED 57,500; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,653; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 56,000

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 502 sits

All 77 1-beds →

502 last sold in October 2016 at AED 801 per sqft, 9% above what one-beds in Le Presidium 1 were fetching at the time (AED 737).

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2025787,000
23 Jun 2025925,000
31 Oct 2024940,000
24 Oct 2024750,000
0 1-bed sales in the last 12 months

Le Presidium 1

Building

99 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%
Le Presidium 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 99 units in Le Presidium 1
Value
5011-bedAED 780K · Dec 2016
5032-bedAED 1.04M · Oct 2016
5041-bedAED 710K · Oct 2016
5051-bedAED 705K · Oct 2016
5061-bedAED 345K · Jul 2018
5072-bedAED 844K · Dec 2021
5081-bedAED 595K · Aug 2016
1–7 of 8

502, Le Presidium 1 in numbers

  • Sold twice: first on 4 February 2016 for AED 531,831, last on 10 October 2016 for AED 580,000 (AED 801 per sqft).

Source: Dubai Land Department. Updated 10 October 2016.

Questions about 502, Le Presidium 1

What did unit 502 last sell for?

AED 580,000 on 10 October 2016: AED 801 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 531,831 in February 2016.

How big is unit 502?

724 sqft (67.3 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 502 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 502, Le Presidium 1

Starts from the last sale price (AED 580K, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →