706, Le Presidium 1
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Le Presidium 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 3 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 7th of 11
- Parking
- B1-54
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,900 /yr
- Last sold
- AED 750K · October 2024
- Building
- Le Presidium 1
About 706, Le Presidium 1
706 is a one-bedroom apartment of 912 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 24 October 2024 for AED 750,000, or AED 822 per sqft.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 51,078 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 12,900 a year.
Sales and rents for 706 over time
706 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 706 sits
All 77 1-beds →706's AED 51,078 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 | ||
| 20 May 202420 May 2024 | 1,010 sqft | 800,000 | 791 |
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 58K /yr
- Typical yield
- 6.0%
Other units on the 7th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,009 sqft | AED 789KAED 789,135 · Oct 2016October 2016 | 75,000 /yr | |
| 702 | 1-bed | 724 sqft | AED 569KAED 568,509 · Aug 2016August 2016 | 58,000 /yr | |
| 703 | 2-bed | 1,276 sqft | AED 937KAED 937,165 · Nov 2016November 2016 | 90,000 /yr | |
| 704 | 1-bed | 912 sqft | AED 691KAED 690,555 · Sep 2016September 2016 | 68,000 /yr | |
| 705 | 1-bed | 906 sqft | AED 600KAED 600,000 · Apr 2023April 2023 | 45,000 /yr | |
| 707 | 2-bed | 1,274 sqft | AED 1.12MAED 1,115,000 · Jan 2023January 2023 | 61,471 /yr | |
| 708 | 1-bed | 724 sqft | AED 569KAED 568,587 · Aug 2016August 2016 | 62,000 /yr | |
| 709 | 1-bed | 1,010 sqft | AED 789KAED 789,135 · Oct 2016October 2016 |
706, Le Presidium 1 in numbers
- Sold twice: first on 7 September 2016 for AED 699,762, last on 24 October 2024 for AED 750,000 (AED 822 per sqft).
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2020 and recovered to AED 51,078 by January 2025.
- At AED 51,078 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 3 January 2025.
Questions about 706, Le Presidium 1
What did unit 706 last sell for?
AED 750,000 on 24 October 2024: AED 822 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 699,762 in September 2016.
What is the rent for unit 706?
AED 51,078 a year on the contract renewed on 3 January 2025. The previous contract, from January 2025, was AED 52,041; the unit has been rented since November 2016.
How big is unit 706?
912 sqft (84.7 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.
What is unit 706 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 706, Le Presidium 1
Starts from the last sale price (AED 750K, 24 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →