1001, Le Presidium 2
Sold prices and rental history: sold once, by the developer in January 2017, 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 1001, Le Presidium 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 27 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,009 sqft
- Floor
- 10th of 11
- Parking
- B1-102, B1-103
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 750K · January 2017
- Building
- Le Presidium 2
About 1001, Le Presidium 2
1001 is a one-bedroom apartment of 1,009 sqft on the 10th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 10 January 2017 for AED 750,222, or AED 743 per sqft, in line with the AED 742 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 27 March 2023, is AED 53,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1001 over time
1001 has sold once; 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 2, and where 1001 sits
All 75 1-beds →1001 last sold in January 2017 at AED 743 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 742). Over the last 12 months one-beds sold for AED 680,000 to 950,000, around AED 963 per sqft, and rent for AED 48,000 to 75,000 a year. 1001's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 724 sqft | 680,000 | 939 | ||
| 10 Sep 202610 September 2026 | 724 sqft | 685,000 | 946 | ||
| 25 Jun 202625 June 2026 | 906 sqft | 950,000 | 1,048 | ||
| 28 Nov 202528 November 2025 | 724 sqft | 710,000 | 980 |
Le Presidium 2
Building97 apartments, 1-bed to 2-bed over 11 floors in Dubai Silicon Oasis, completed in 2016 by Credo Investments. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,014
- Typical sale
- AED 830K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.0%
Other units on the 10th floor
All 97 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 724 sqft | AED 535KAED 535,153 · Jan 2017January 2017 | 60,000 /yr | |
| 1003 | 2-bed | 1,280 sqft | AED 925KAED 924,736 · Jan 2017January 2017 | 73,500 /yr | |
| 1004 | 1-bed | 912 sqft | AED 662KAED 661,500 · Jan 2017January 2017 | 48,510 /yr | |
| 1005 | 1-bed | 906 sqft | AED 657KAED 656,862 · Jan 2017January 2017 | 46,305 /yr | |
| 1006 | 1-bed | 912 sqft | AED 662KAED 661,500 · Jan 2017January 2017 | 49,613 /yr | |
| 1007 | 2-bed | 1,274 sqft | AED 925KAED 924,736 · Jan 2017January 2017 | 68,250 /yr | |
| 1008 | 1-bed | 724 sqft | AED 535KAED 535,221 · Jan 2017January 2017 | 60,000 /yr | |
| 1009 | 1-bed | 1,010 sqft | AED 750KAED 750,222 · Jan 2017January 2017 | 52,500 /yr |
1001, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 10 January 2017 for AED 750,222, or AED 743 per sqft.
- Rented since December 2016 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 43,000 in 2021 and recovered to AED 53,000 by March 2023.
- At AED 53,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 14,300 a year (AED 14.13 per sqft).
- One-beds in Le Presidium 2 sold for AED 680,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,014 per sqft.
Source: Dubai Land Department. Updated 27 March 2023.
Questions about 1001, Le Presidium 2
What did unit 1001 last sell for?
AED 750,222 on 10 January 2017, sold by the developer: AED 743 per sqft for 1,009 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 53,000 a year on the contract signed on 27 March 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since December 2016.
How big is unit 1001?
1,009 sqft (93.7 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Le Presidium 2 sold for AED 680,000 to 950,000 in the last 12 months, around AED 963 per sqft.
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Mortgage on 1001, Le Presidium 2
Starts from the last sale price (AED 750K, 10 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 750,222
- Deposit, UAE resident (20%)
- AED 150,044
- Deposit, non-resident (40%)
- AED 300,089
- Monthly over 25 years at 3.7%
- AED 3,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →