603, Le Presidium 1
Sold prices and rental history: sold twice, last in December 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 603, Le Presidium 1
What is 603 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,276 sqft
- Floor
- 6th of 11
- Parking
- B2-62
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1M · December 2016
- Building
- Le Presidium 1
About 603, Le Presidium 1
603 is a two-bedroom apartment of 1,276 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 December 2016 for AED 1,002,700, or AED 785 per sqft, 5% above the AED 746 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 2 July 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 18,000 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 22 2-beds →603 last sold in December 2016 at AED 785 per sqft, 5% above what two-beds in Le Presidium 1 were fetching at the time (AED 746). 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. 603's AED 80,000 is in the lower half 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 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 | ||
| 602 | 1-bed | 724 sqft | AED 610KAED 610,000 · Jul 2016July 2016 | 50,000 /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 |
603, Le Presidium 1 in numbers
- Sold twice: first on 4 February 2016 for AED 950,272, last on 19 December 2016 for AED 1,002,700 (AED 785 per sqft).
- Rented since February 2017 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 80,000 by July 2025.
- At AED 80,000 a year the gross yield on the 2016 price is 8.0%, 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 2 July 2025.
Questions about 603, Le Presidium 1
What did unit 603 last sell for?
AED 1,002,700 on 19 December 2016: AED 785 per sqft for 1,276 sqft. The unit has 2 registered sales; the first was AED 950,272 in February 2016.
What is the rent for unit 603?
AED 80,000 a year on the contract signed on 2 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since February 2017.
How big is unit 603?
1,276 sqft (118.5 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.
What is unit 603 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.
Selling 603? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 603, Le Presidium 1
Starts from the last sale price (AED 1M, 19 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,002,700
- Deposit, UAE resident (20%)
- AED 200,540
- Deposit, non-resident (40%)
- AED 401,080
- Monthly over 25 years at 3.7%
- AED 4,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →