506, Le Presidium 1
Sold prices and rental history: sold 3 times, last in July 2018, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Le Presidium 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 26 July 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 5th of 11
- Parking
- B2-67
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,900 /yr
- Last sold
- AED 345K · July 2018
- Building
- Le Presidium 1
About 506, Le Presidium 1
506 is a one-bedroom apartment of 912 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 26 July 2018 for AED 345,000, or AED 378 per sqft.
One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 57,000 a year: a gross yield of 16.5% on the 2018 price, before the service charge of about AED 12,900 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 77 1-beds →506's AED 57,000 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 5th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,009 sqft | AED 780KAED 780,000 · Dec 2016December 2016 | 65,000 /yr | |
| 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 | |
| 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 |
506, Le Presidium 1 in numbers
- Sold 3 times: first on 4 February 2016 for AED 667,537, last on 26 July 2018 for AED 345,000 (AED 378 per sqft).
- Rented since November 2017 on one Ejari contract, at AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2018 price is 16.5%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 26 July 2018.
Questions about 506, Le Presidium 1
What did unit 506 last sell for?
AED 345,000 on 26 July 2018: AED 378 per sqft for 912 sqft. The unit has 3 registered sales; the first was AED 667,537 in February 2016.
What is the rent for unit 506?
AED 57,000 a year on the contract signed on 1 November 2017.
How big is unit 506?
912 sqft (84.7 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 506 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 506, Le Presidium 1
Starts from the last sale price (AED 345K, 26 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 345,000
- Deposit, UAE resident (20%)
- AED 69,000
- Deposit, non-resident (40%)
- AED 138,000
- Monthly over 25 years at 3.7%
- AED 1,412
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →