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1-bed · 1,010 sqftLe Presidium 1, Dubai Silicon Oasis · 5th floor · completed 2016

509, Le Presidium 1

Sold prices and rental history: sold twice, last in February 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 16 February 2017
Last soldAED 765K16 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Le Presidium 1

What is 509 worth today?

Last sold for AED 765,000 in 2017

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16 Feb 2017SoldReady
AED 765,000AED 757 per sqft
10 Feb 2016Sold by developerOff-plan
AED 762,831AED 755 per sqft

Source: Dubai Land Department. Updated 16 February 2017.

Key facts

Type
1-bed apartment
Size
1,010 sqft
Floor
5th of 11
Parking
B2-36
Developer
Credo Investments
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 765K · February 2017
Building
Le Presidium 1

About 509, Le Presidium 1

509 is a one-bedroom apartment of 1,010 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 16 February 2017 for AED 765,000, or AED 757 per sqft, in line with the AED 778 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Le Presidium 1
600K700K800K2016201920222025Typical 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 762,831 (AED 755 per sqft)Sold, February 2017: AED 765,000 (AED 757 per sqft)

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

Rents
Unit 509, 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 509 sits

All 77 1-beds →

509 last sold in February 2017 at AED 757 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 778).

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
5021-bedAED 580K · Oct 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
1–7 of 8

509, Le Presidium 1 in numbers

  • Sold twice: first on 10 February 2016 for AED 762,831, last on 16 February 2017 for AED 765,000 (AED 757 per sqft).

Source: Dubai Land Department. Updated 16 February 2017.

Questions about 509, Le Presidium 1

What did unit 509 last sell for?

AED 765,000 on 16 February 2017: AED 757 per sqft for 1,010 sqft. The unit has 2 registered sales; the first was AED 762,831 in February 2016.

How big is unit 509?

1,010 sqft (93.8 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 509 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 509, Le Presidium 1

Starts from the last sale price (AED 765K, 16 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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