1-bed · 1,010 sqftLe Presidium 2, Dubai Silicon Oasis · 11th floor · completed 2016

1109, Le Presidium 2

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

Unit 1109 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 990K18 December 2024
Current rentAED 69K /yr10 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Le Presidium 2

What is 1109 worth today?

Last sold for AED 990,000 in 2024

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18 Dec 2024SoldReady
AED 990,000AED 980 per sqft
8 Jan 2019Sold by developerReady
AED 780,000AED 772 per sqft
10 Nov 2017RentedNew contract
AED 69,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
1,010 sqft
Floor
11th of 11
Parking
B1-111
Developer
Credo Investments
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 990K · December 2024

About 1109, Le Presidium 2

1109 is a one-bedroom apartment of 1,010 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 18 December 2024 for AED 990,000, or AED 980 per sqft, 7% above the AED 916 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2017. The current contract, signed on 10 November 2017, is AED 69,000 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 1109 over time

Sales
Unit 1109, each saleTypical one-bed in Le Presidium 2
500K750K1M20152018202120242027Typical 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 780,000 (AED 772 per sqft)Sold, December 2024: AED 990,000 (AED 980 per sqft)

1109 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, 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, November 2017: AED 69,000 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 1109 sits

All 75 1-beds →

1109 last sold in December 2024 at AED 980 per sqft, 7% above what one-beds in Le Presidium 2 were fetching at the time (AED 916). 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. 1109's AED 69,000 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
11011-bedAED 950K · Oct 2024
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

1109, Le Presidium 2 in numbers

  • Sold twice: first on 8 January 2019 for AED 780,000, last on 18 December 2024 for AED 990,000 (AED 980 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 69,000 a year.
  • At AED 69,000 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 18 December 2024.

Questions about 1109, Le Presidium 2

What did unit 1109 last sell for?

AED 990,000 on 18 December 2024: AED 980 per sqft for 1,010 sqft. The unit has 2 registered sales; the first was AED 780,000 in January 2019.

What is the rent for unit 1109?

AED 69,000 a year on the contract signed on 10 November 2017.

How big is unit 1109?

1,010 sqft (93.8 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.

What is unit 1109 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 1109, Le Presidium 2

Starts from the last sale price (AED 990K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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