1-bed · 1,009 sqftLe Presidium 2, Dubai Silicon Oasis · 11th floor · completed 2016

1101, Le Presidium 2

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

Unit 1101 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 950K2 October 2024
Current rentAED 67K /yr4 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Le Presidium 2

What is 1101 worth today?

Last sold for AED 950,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2024SoldReady
AED 950,000AED 941 per sqft
4 Feb 2024RentedNew contract
AED 66,550/yr12 months · AED 66 per sqft
4 Feb 2023RentedRenewal
AED 60,500/yr12 months · AED 60 per sqft
4 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
3 Jan 2019Sold by developerReady
AED 785,000AED 777 per sqft
30 Mar 2017RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
1,009 sqft
Floor
11th of 11
Parking
B1-119
Developer
Credo Investments
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 950K · October 2024

About 1101, Le Presidium 2

1101 is a one-bedroom apartment of 1,009 sqft on the 11th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 2 October 2024 for AED 950,000, or AED 941 per sqft, 8% above the AED 872 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 4 February 2024, is AED 66,550 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical one-bed in Le Presidium 2
600K800K1M20152018202120242027Typical 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 2019: AED 785,000 (AED 777 per sqft)Sold, October 2024: AED 950,000 (AED 941 per sqft)

1101 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, 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, March 2017: AED 70,000 a yearNew contract, February 2022: AED 55,000 a yearRenewal, February 2023: AED 60,500 a yearNew contract, February 2024: AED 66,550 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 1101 sits

All 75 1-beds →

1101 last sold in October 2024 at AED 941 per sqft, 8% above what one-beds in Le Presidium 2 were fetching at the time (AED 872). 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. 1101's AED 66,550 is in the upper 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 11th floor

All 97 units in Le Presidium 2
Value
11021-bedAED 685K · Sep 2026
11032-bedAED 1.25M · Jul 2018
11041-bedAED 750K · Jul 2018
11051-bedAED 950K · Jun 2026
11072-bedAED 1.2M · Jul 2018
11091-bedAED 990K · Dec 2024

1101, Le Presidium 2 in numbers

  • Sold twice: first on 3 January 2019 for AED 785,000, last on 2 October 2024 for AED 950,000 (AED 941 per sqft).
  • Rented since March 2017 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2022 and recovered to AED 66,550 by February 2024.
  • At AED 66,550 a year the gross yield on the 2024 price is 7.0%, 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 2 October 2024.

Questions about 1101, Le Presidium 2

What did unit 1101 last sell for?

AED 950,000 on 2 October 2024: AED 941 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 785,000 in January 2019.

What is the rent for unit 1101?

AED 66,550 a year on the contract signed on 4 February 2024. The previous contract, from February 2023, was AED 60,500; the unit has been rented since March 2017.

How big is unit 1101?

1,009 sqft (93.7 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.

What is unit 1101 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.

Selling 1101? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1101, Le Presidium 2

Starts from the last sale price (AED 950K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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