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1-bed · 906 sqftLe Presidium 1, Dubai Silicon Oasis · 7th floor · completed 2016

705, Le Presidium 1

Sold prices and rental history: sold twice, last in April 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 600K25 April 2023
Current rentAED 45K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Le Presidium 1

What is 705 worth today?

Last sold for AED 600,000 in 2023

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25 Apr 2023SoldReady
AED 600,000AED 662 per sqft
6 Jan 2023RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
5 Oct 2020RentedNew contract
AED 41,500/yr12 months · AED 46 per sqft
5 Oct 2018RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
5 Sep 2016Sold by developerOff-plan
AED 662,556AED 731 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
7th of 11
Parking
B1-53
Developer
Credo Investments
Completed
2016
Service charge
AED 12,800 /yr
Last sold
AED 600K · April 2023
Building
Le Presidium 1

About 705, Le Presidium 1

705 is a one-bedroom apartment of 906 sqft on the 7th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 25 April 2023 for AED 600,000, or AED 662 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 6 January 2023, is AED 45,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 12,800 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, September 2016: AED 662,556 (AED 731 per sqft)Sold, April 2023: AED 600,000 (AED 662 per sqft)

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

Rents
Unit 705, 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 56,000New contract, October 2018: AED 50,000 a yearNew contract, October 2020: AED 41,500 a yearNew contract, January 2023: AED 45,000 a year

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 705 sits

All 77 1-beds →

705's AED 45,000 is in the lower half of that range.

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 7th floor

All 99 units in Le Presidium 1
Value
7011-bedAED 789K · Oct 2016
7021-bedAED 569K · Aug 2016
7032-bedAED 937K · Nov 2016
7041-bedAED 691K · Sep 2016
7061-bedAED 750K · Oct 2024
7072-bedAED 1.12M · Jan 2023
7081-bedAED 569K · Aug 2016
1–7 of 8

705, Le Presidium 1 in numbers

  • Sold twice: first on 5 September 2016 for AED 662,556, last on 25 April 2023 for AED 600,000 (AED 662 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 12,800 a year (AED 14.13 per sqft).

Source: Dubai Land Department. Updated 25 April 2023.

Questions about 705, Le Presidium 1

What did unit 705 last sell for?

AED 600,000 on 25 April 2023: AED 662 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 662,556 in September 2016.

What is the rent for unit 705?

AED 45,000 a year on the contract signed on 6 January 2023. The previous contract, from October 2020, was AED 41,500; the unit has been rented since October 2018.

How big is unit 705?

906 sqft (84.2 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 705 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 705, Le Presidium 1

Starts from the last sale price (AED 600K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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