103, Le Presidium 2
Sold prices and rental history: sold twice, last in June 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 103, Le Presidium 2
What is 103 worth today?
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Source: Dubai Land Department. Updated 4 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Floor
- 1st of 11
- Parking
- B2-3
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.15M · June 2024
- Building
- Le Presidium 2
About 103, Le Presidium 2
103 is a two-bedroom apartment of 1,280 sqft on the 1st floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 4 June 2024 for AED 1,150,000, or AED 898 per sqft, in line with the AED 898 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 66,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 18,100 a year.
Sales and rents for 103 over time
103 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Le Presidium 2, and where 103 sits
All 22 2-beds →103 last sold in June 2024 at AED 898 per sqft, in line with what two-beds in Le Presidium 2 were fetching at the time (AED 898). Over the last 12 months two-beds sold for AED 1,470,000, around AED 1,151 per sqft, and rent for AED 60,000 to 100,000 a year. 103's AED 66,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 1,280 sqft | 1,470,000 | 1,148 | ||
| 25 Nov 202525 November 2025 | 1,274 sqft | 1,470,000 | 1,154 | ||
| 7 May 20257 May 2025 | 1,280 sqft | 1,450,000 | 1,132 | ||
| 25 Oct 202425 October 2024 | 1,274 sqft | 1,300,000 | 1,020 |
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 1st floor
All 97 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,009 sqft | AED 771KAED 771,000 · May 2017May 2017 | 65,000 /yr | |
| 102 | 1-bed | 724 sqft | AED 591KAED 590,516 · Jan 2017January 2017 | 39,000 /yr | |
| 104 | 1-bed | 912 sqft | AED 690KAED 690,000 · Feb 2025February 2025 | 32,000 /yr | |
| 105 | 1-bed | 906 sqft | AED 779KAED 778,790 · Jul 2015July 2015 | 48,000 /yr | |
| 106 | 1-bed | 912 sqft | AED 650KAED 650,000 · Jun 2023June 2023 | ||
| 107 | 2-bed | 1,274 sqft | AED 1.17MAED 1,170,000 · Jun 2024June 2024 | 64,000 /yr | |
| 108 | 1-bed | 724 sqft | AED 591KAED 590,516 · Jan 2017January 2017 | 52,500 /yr | |
| 109 | 1-bed | 1,010 sqft | AED 710KAED 710,222 · Jul 2015July 2015 | 75,000 /yr |
103, Le Presidium 2 in numbers
- Sold twice: first on 1 July 2015 for AED 1,572,864, last on 4 June 2024 for AED 1,150,000 (AED 898 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 59,000 in 2022 and recovered to AED 66,000 by February 2024.
- At AED 66,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 18,100 a year (AED 14.13 per sqft).
- Two-beds in Le Presidium 2 sold for AED 1,470,000–1,470,000 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 4 June 2024.
Questions about 103, Le Presidium 2
What did unit 103 last sell for?
AED 1,150,000 on 4 June 2024: AED 898 per sqft for 1,280 sqft. The unit has 2 registered sales; the first was AED 1,572,864 in July 2015.
What is the rent for unit 103?
AED 66,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 61,950; the unit has been rented since October 2016.
How big is unit 103?
1,280 sqft (118.9 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Le Presidium 2 sold for AED 1,470,000 to 1,470,000 in the last 12 months, around AED 1,151 per sqft.
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Mortgage on 103, Le Presidium 2
Starts from the last sale price (AED 1.15M, 4 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →