1005, Le Presidium 2
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Le Presidium 2
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 10th of 11
- Parking
- B1-95,B1-96 1
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,800 /yr
- Last sold
- AED 657K · January 2017
- Building
- Le Presidium 2
About 1005, Le Presidium 2
1005 is a one-bedroom apartment of 906 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 656,862, or AED 724 per sqft, in line with the AED 742 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 46,305 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 12,800 a year.
Sales and rents for 1005 over time
1005 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 1005 sits
All 75 1-beds →1005 last sold in January 2017 at AED 724 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. 1005's AED 46,305 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,009 sqft | AED 750KAED 750,222 · Jan 2017January 2017 | 53,000 /yr | |
| 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 | |
| 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 |
1005, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 10 January 2017 for AED 656,862, or AED 724 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 69,000 to AED 42,000 in 2021 and recovered to AED 46,305 by July 2024.
- At AED 46,305 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 12,800 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 1 July 2024.
Questions about 1005, Le Presidium 2
What did unit 1005 last sell for?
AED 656,862 on 10 January 2017, sold by the developer: AED 724 per sqft for 906 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 46,305 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 46,305; the unit has been rented since August 2017.
How big is unit 1005?
906 sqft (84.2 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1005 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 1005, Le Presidium 2
Starts from the last sale price (AED 657K, 10 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 656,862
- Deposit, UAE resident (20%)
- AED 131,372
- Deposit, non-resident (40%)
- AED 262,745
- Monthly over 25 years at 3.7%
- AED 2,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →