1-bed · 912 sqftLe Presidium 2, Dubai Silicon Oasis · 2nd floor · completed 2016

204, Le Presidium 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 680K16 July 2024
Current rentAED 60K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Le Presidium 2

What is 204 worth today?

Last sold for AED 680,000 in 2024

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16 Jul 2024SoldReady
AED 680,000AED 745 per sqft
1 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
5 Apr 2021RentedNew contract
AED 35,000/yr12 months · AED 38 per sqft
1 Jun 2020RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 Jun 2019RentedNew contract
AED 53,000/yr12 months · AED 58 per sqft
10 Mar 2019RentedNew contract
AED 56,000/yr12 months · AED 61 per sqft
18 Dec 2016Sold by developerReady
AED 710,000AED 778 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
2nd of 11
Parking
B2-44
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 680K · July 2024

About 204, Le Presidium 2

204 is a one-bedroom apartment of 912 sqft on the 2nd floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 16 July 2024 for AED 680,000, or AED 745 per sqft, in line with the AED 732 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 April 2024, is AED 60,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Le Presidium 2
600K800K20152018202120242027Typical 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, December 2016: AED 710,000 (AED 778 per sqft)Sold, July 2024: AED 680,000 (AED 745 per sqft)

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

Rents
Unit 204, 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 2019: AED 56,000 a yearNew contract, June 2019: AED 53,000 a yearRenewal, June 2020: AED 45,000 a yearNew contract, April 2021: AED 35,000 a yearNew contract, April 2024: AED 60,000 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 204 sits

All 75 1-beds →

204 last sold in July 2024 at AED 745 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 732). 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. 204's AED 60,000 is in the lower 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 2nd floor

All 97 units in Le Presidium 2
Value
2011-bedAED 980K · Feb 2025
2021-bedAED 730K · May 2025
2032-bedAED 1.26M · Jun 2024
2051-bedAED 540K · Sep 2021
2061-bedAED 535K · Aug 2021
2072-bedAED 960K · Nov 2016
2081-bedAED 655K · May 2025
1–7 of 8

204, Le Presidium 2 in numbers

  • Sold twice: first on 18 December 2016 for AED 710,000, last on 16 July 2024 for AED 680,000 (AED 745 per sqft).
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 56,000 to AED 35,000 in 2021 and recovered to AED 60,000 by April 2024.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 12,900 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 16 July 2024.

Questions about 204, Le Presidium 2

What did unit 204 last sell for?

AED 680,000 on 16 July 2024: AED 745 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 710,000 in December 2016.

What is the rent for unit 204?

AED 60,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2021, was AED 35,000; the unit has been rented since March 2019.

How big is unit 204?

912 sqft (84.7 sqm): a one-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2016.

What is unit 204 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 204, Le Presidium 2

Starts from the last sale price (AED 680K, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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