Home
Dubai prices
About
Research
2-bed · 1,276 sqftLe Presidium 1, Dubai Silicon Oasis · 7th floor · completed 2016

703, Le Presidium 1

Sold prices and rental history: sold once, by the developer in November 2016, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 937K24 November 2016
Current rentAED 90K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 703

Property timeline for 703, Le Presidium 1

What is 703 worth today?

Last sold for AED 937,165 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2026RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
24 Nov 2016Sold by developerReady
AED 937,165AED 734 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
1,276 sqft
Floor
7th of 11
Parking
B1-34
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 937K · November 2016
Building
Le Presidium 1

About 703, Le Presidium 1

703 is a two-bedroom apartment of 1,276 sqft on the 7th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 24 November 2016 for AED 937,165, or AED 734 per sqft, in line with the AED 746 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2026. The current contract, signed on 5 September 2026, is AED 90,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Le Presidium 1
1M1.2M20162018202020222024Typical sale price by year: 2016 AED 950,272; 2017 AED 1,018,040; 2023 AED 1,200,000Sold by developer, November 2016: AED 937,165 (AED 734 per sqft)

703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Le Presidium 1
60K80K2017202020232026Typical rent by year: 2017 AED 86,500; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 65,000; 2021 AED 61,000; 2022 AED 65,000; 2023 AED 66,450; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 86,000New contract, September 2026: AED 90,000 a year

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 703 sits

All 22 2-beds →

703 last sold in November 2016 at AED 734 per sqft, in line with 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. 703's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jul 20261,500,000
22 Jan 20261,500,000
5 May 20251,480,000
1 Apr 20241,070,000
2 2-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 7th floor

All 99 units in Le Presidium 1
Value
7011-bedAED 789K · Oct 2016
7021-bedAED 569K · Aug 2016
7041-bedAED 691K · Sep 2016
7051-bedAED 600K · Apr 2023
7061-bedAED 750K · Oct 2024
7072-bedAED 1.12M · Jan 2023
7081-bedAED 569K · Aug 2016
1–7 of 8

703, Le Presidium 1 in numbers

  • Sold once: by Credo Investments on 24 November 2016 for AED 937,165, or AED 734 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 9.6%, 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 5 September 2026.

Questions about 703, Le Presidium 1

What did unit 703 last sell for?

AED 937,165 on 24 November 2016, sold by the developer: AED 734 per sqft for 1,276 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 90,000 a year on the contract signed on 5 September 2026.

How big is unit 703?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 703 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 703? 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.

How OpenOffers works

Mortgage on 703, Le Presidium 1

Starts from the last sale price (AED 937K, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 937,165
Deposit, UAE resident (20%)
AED 187,433
Deposit, non-resident (40%)
AED 374,866
Monthly over 25 years at 3.7%
AED 3,834

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