1-bed · 724 sqftLe Presidium 2, Dubai Silicon Oasis · 10th floor · completed 2016

1002, 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.

Unit 1002 · DLD and Ejari recordsUpdated 23 October 2025
Last soldAED 535K10 January 2017
Current rentAED 60K /yr23 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Le Presidium 2

What is 1002 worth today?

Last sold for AED 535,153 in 2017

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23 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
10 Oct 2025RentedRenewal
AED 40,480/yr12 months · AED 56 per sqft
10 Oct 2024RentedNew contract
AED 44,100/yr12 months · AED 61 per sqft
10 Oct 2023RentedRenewal
AED 42,000/yr12 months · AED 58 per sqft
10 Oct 2022RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
4 Oct 2021RentedRenewal
AED 37,800/yr12 months · AED 52 per sqft
4 Oct 2020RentedNew contract
AED 36,000/yr12 months · AED 50 per sqft
10 Mar 2019RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 23 October 2025.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
10th of 11
Parking
B1-99,B1-100 1
Developer
Credo Investments
Completed
2016
Service charge
AED 10,200 /yr
Last sold
AED 535K · January 2017

About 1002, Le Presidium 2

1002 is a one-bedroom apartment of 724 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 535,153, or AED 739 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 10 Ejari contracts. The current contract, signed on 23 October 2025, is AED 60,000 a year: a gross yield of 11.2% on the 2017 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Le Presidium 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 514,516; 2016 AED 667,537; 2017 AED 631,000; 2018 AED 715,000; 2019 AED 590,000; 2021 AED 617,500; 2022 AED 680,000; 2023 AED 581,000; 2024 AED 835,000; 2025 AED 700,000; 2026 AED 685,000Sold by developer, January 2017: AED 535,153 (AED 739 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Le Presidium 2
40K60K2016201920222025Typical rent by year: 2016 AED 66,409; 2017 AED 64,000; 2018 AED 60,899; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 47,000; 2024 AED 51,000; 2025 AED 55,000; 2026 AED 57,500New contract, December 2016: AED 60,000 a yearRenewal, December 2017: AED 55,000 a yearNew contract, March 2019: AED 45,000 a yearNew contract, October 2020: AED 36,000 a yearRenewal, October 2021: AED 37,800 a yearNew contract, October 2022: AED 40,000 a yearRenewal, October 2023: AED 42,000 a yearNew contract, October 2024: AED 44,100 a yearNew contract, October 2025: AED 60,000 a yearRenewal, October 2025: AED 40,480 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 2, and where 1002 sits

All 75 1-beds →

1002 last sold in January 2017 at AED 739 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. 1002's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Sep 2026680,000
10 Sep 2026685,000
25 Jun 2026950,000
28 Nov 2025710,000
4 1-bed sales in the last 12 months

Le Presidium 2

Building

97 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%
Le Presidium 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 10th floor

All 97 units in Le Presidium 2
Value
10011-bedAED 750K · Jan 2017
10032-bedAED 925K · Jan 2017
10041-bedAED 662K · Jan 2017
10051-bedAED 657K · Jan 2017
10061-bedAED 662K · Jan 2017
10072-bedAED 925K · Jan 2017
10081-bedAED 535K · Jan 2017
1–7 of 8

1002, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 10 January 2017 for AED 535,153, or AED 739 per sqft.
  • Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2020 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2017 price is 11.2%, before a service charge of about AED 10,200 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 23 October 2025.

Questions about 1002, Le Presidium 2

What did unit 1002 last sell for?

AED 535,153 on 10 January 2017, sold by the developer: AED 739 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 60,000 a year on the contract signed on 23 October 2025. The previous contract, from October 2025, was AED 40,480; the unit has been rented since December 2016.

How big is unit 1002?

724 sqft (67.3 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.

What is unit 1002 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 1002, Le Presidium 2

Starts from the last sale price (AED 535K, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 535,153
Deposit, UAE resident (20%)
AED 107,031
Deposit, non-resident (40%)
AED 214,061
Monthly over 25 years at 3.7%
AED 2,189

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