507, Le Presidium 1
Sold prices and rental history: sold 3 times, last in December 2021, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Le Presidium 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 15 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 5th of 11
- Parking
- B2-66
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 844K · December 2021
- Building
- Le Presidium 1
About 507, Le Presidium 1
507 is a two-bedroom apartment of 1,274 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 15 December 2021 for AED 844,000, or AED 662 per sqft.
One Ejari contract is registered, from 1 January 2021. The current contract, signed on 1 January 2021, is AED 53,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 18,000 a year.
Sales and rents for 507 over time
507 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Le Presidium 1, and where 507 sits
All 22 2-beds →Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,177 per sqft, and rent for AED 71,663 to 95,000 a year. 507's AED 53,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20261 July 2026 | 1,274 sqft | 1,500,000 | 1,177 | ||
| 22 Jan 202622 January 2026 | 1,274 sqft | 1,500,000 | 1,177 | ||
| 5 May 20255 May 2025 | 1,274 sqft | 1,480,000 | 1,162 | ||
| 1 Apr 20241 April 2024 | 1,274 sqft | 1,070,000 | 840 |
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 | |
| 506 | 1-bed | 912 sqft | AED 345KAED 345,000 · Jul 2018July 2018 | 57,000 /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 |
507, Le Presidium 1 in numbers
- Sold 3 times: first on 4 February 2016 for AED 950,272, last on 15 December 2021 for AED 844,000 (AED 662 per sqft).
- Rented since January 2021 on one Ejari contract, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 18,000 a year (AED 14.13 per sqft).
- Two-beds in Le Presidium 1 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,177 per sqft.
Source: Dubai Land Department. Updated 15 December 2021.
Questions about 507, Le Presidium 1
What did unit 507 last sell for?
AED 844,000 on 15 December 2021: AED 662 per sqft for 1,274 sqft. The unit has 3 registered sales; the first was AED 950,272 in February 2016.
What is the rent for unit 507?
AED 53,000 a year on the contract signed on 1 January 2021.
How big is unit 507?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Le Presidium 1 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,177 per sqft.
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Mortgage on 507, Le Presidium 1
Starts from the last sale price (AED 844K, 15 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 844,000
- Deposit, UAE resident (20%)
- AED 168,800
- Deposit, non-resident (40%)
- AED 337,600
- Monthly over 25 years at 3.7%
- AED 3,453
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →