602, Le Presidium 1
Sold prices and rental history: sold twice, last in July 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 602, Le Presidium 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 6th of 11
- Parking
- B2-63
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 610K · July 2016
- Building
- Le Presidium 1
About 602, Le Presidium 1
602 is a one-bedroom apartment of 724 sqft on the 6th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 19 July 2016 for AED 610,000, or AED 842 per sqft, 15% above the AED 731 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 50,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 602 over time
602 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 602 sits
All 77 1-beds →602 last sold in July 2016 at AED 842 per sqft, 15% above what one-beds in Le Presidium 1 were fetching at the time (AED 731). 602's AED 50,000 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 59K /yr
- Typical yield
- 6.0%
Other units on the 6th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 1,009 sqft | AED 550KAED 550,000 · Nov 2020November 2020 | ||
| 603 | 2-bed | 1,276 sqft | AED 1MAED 1,002,700 · Dec 2016December 2016 | 80,000 /yr | |
| 604 | 1-bed | 912 sqft | AED 590KAED 590,000 · May 2023May 2023 | 58,000 /yr | |
| 605 | 1-bed | 906 sqft | AED 630KAED 630,000 · May 2022May 2022 | 65,000 /yr | |
| 606 | 1-bed | 912 sqft | AED 510KAED 510,000 · Mar 2021March 2021 | 60,000 /yr | |
| 607 | 2-bed | 1,274 sqft | AED 1.5MAED 1,500,000 · Jul 2026July 2026 | 95,000 /yr | |
| 608 | 1-bed | 724 sqft | AED 590KAED 590,000 · Jul 2016July 2016 | 63,000 /yr | |
| 609 | 1-bed | 1,010 sqft | AED 760KAED 760,000 · Mar 2017March 2017 |
602, Le Presidium 1 in numbers
- Sold twice: first on 4 February 2016 for AED 531,831, last on 19 July 2016 for AED 610,000 (AED 842 per sqft).
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2021 and recovered to AED 50,000 by December 2025.
- At AED 50,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 10,200 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 1 December 2025.
Questions about 602, Le Presidium 1
What did unit 602 last sell for?
AED 610,000 on 19 July 2016: AED 842 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 531,831 in February 2016.
What is the rent for unit 602?
AED 50,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 49,000; the unit has been rented since September 2017.
How big is unit 602?
724 sqft (67.3 sqm): a one-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.
What is unit 602 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 602, Le Presidium 1
Starts from the last sale price (AED 610K, 19 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →