2-bed · 1,274 sqftLe Presidium 2, Dubai Silicon Oasis · 1st floor · completed 2016

107, Le Presidium 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 1.17M20 June 2024
Current rentAED 64K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Le Presidium 2

What is 107 worth today?

Last sold for AED 1,170,000 in 2024

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20 Jun 2024SoldReady
AED 1,170,000AED 918 per sqft
20 Aug 2023RentedRenewal
AED 64,000/yr12 months · AED 50 per sqft
20 Aug 2022RentedNew contract
AED 64,000/yr12 months · AED 50 per sqft
16 Sep 2021RentedNew contract
AED 63,500/yr11 months · AED 50 per sqft
1 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
10 Nov 2019RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
10 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
15 Feb 2017RentedNew contract
AED 88,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
1st of 11
Parking
B2-38
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1.17M · June 2024

About 107, Le Presidium 2

107 is a two-bedroom apartment of 1,274 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 20 June 2024 for AED 1,170,000, or AED 918 per sqft, in line with the AED 908 two-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 20 August 2023, is AED 64,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Le Presidium 2
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,572,864; 2016 AED 997,636; 2017 AED 924,736; 2018 AED 1,200,000; 2024 AED 1,170,000Sold by developer, July 2015: AED 884,736 (AED 694 per sqft)Sold, June 2024: AED 1,170,000 (AED 918 per sqft)

107 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 107, each contractTypical two-bed in Le Presidium 2
60K80K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 76,500; 2020 AED 64,000; 2021 AED 60,000; 2022 AED 63,250; 2023 AED 66,000; 2024 AED 65,000; 2025 AED 86,000; 2026 AED 92,500New contract, February 2017: AED 88,000 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 70,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, September 2021: AED 63,500 a yearNew contract, August 2022: AED 64,000 a yearRenewal, August 2023: AED 64,000 a year

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 107 sits

All 22 2-beds →

107 last sold in June 2024 at AED 918 per sqft, in line with what two-beds in Le Presidium 2 were fetching at the time (AED 908). 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. 107's AED 64,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jun 20261,470,000
25 Nov 20251,470,000
7 May 20251,450,000
25 Oct 20241,300,000
2 2-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 1st floor

All 97 units in Le Presidium 2
Value
1011-bedAED 771K · May 2017
1021-bedAED 591K · Jan 2017
1032-bedAED 1.15M · Jun 2024
1041-bedAED 690K · Feb 2025
1051-bedAED 779K · Jul 2015
1061-bedAED 650K · Jun 2023
1081-bedAED 591K · Jan 2017
1–7 of 8

107, Le Presidium 2 in numbers

  • Sold twice: first on 2 July 2015 for AED 884,736, last on 20 June 2024 for AED 1,170,000 (AED 918 per sqft).
  • Rented since February 2017 on 7 Ejari contracts, from AED 88,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 18,000 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 20 June 2024.

Questions about 107, Le Presidium 2

What did unit 107 last sell for?

AED 1,170,000 on 20 June 2024: AED 918 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 884,736 in July 2015.

What is the rent for unit 107?

AED 64,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 64,000; the unit has been rented since February 2017.

How big is unit 107?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.

What is unit 107 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 107, Le Presidium 2

Starts from the last sale price (AED 1.17M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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