1-bed · 912 sqftLe Presidium 2, Dubai Silicon Oasis · 3rd floor · completed 2016

304, Le Presidium 2

Sold prices and rental history: sold 3 times, last in June 2022, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 June 2022
Last soldAED 620K9 June 2022
Current rentAED 65K /yr8 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Le Presidium 2

What is 304 worth today?

Last sold for AED 620,000 in 2022

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9 Jun 2022SoldReady
AED 620,000AED 679 per sqft
8 Nov 2018SoldReady
AED 700,000AED 767 per sqft
4 Oct 2018Sold by developerReady
AED 425,569AED 466 per sqft
8 Feb 2017RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
3rd of 11
Parking
B2-86
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 620K · June 2022

About 304, Le Presidium 2

304 is a one-bedroom apartment of 912 sqft on the 3rd floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 9 June 2022 for AED 620,000, or AED 679 per sqft, 6% above the AED 643 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 February 2017. The current contract, signed on 8 February 2017, is AED 65,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 12,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Le Presidium 2
400K600K800K20152018202120242027Typical 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, October 2018: AED 425,569 (AED 466 per sqft)Sold, November 2018: AED 700,000 (AED 767 per sqft)Sold, June 2022: AED 620,000 (AED 679 per sqft)

304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, 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, February 2017: AED 65,000 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 304 sits

All 75 1-beds →

304 last sold in June 2022 at AED 679 per sqft, 6% above what one-beds in Le Presidium 2 were fetching at the time (AED 643). 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. 304's AED 65,000 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 3rd floor

All 97 units in Le Presidium 2
Value
3011-bedAED 770K · Oct 2018
3021-bedAED 310K · Apr 2017
3032-bedAED 1.15M · Aug 2017
3051-bedAED 715K · Mar 2018
3061-bedAED 655K · Sep 2023
3072-bedAED 1.17M · Feb 2024
3081-bedAED 610K · May 2017
1–7 of 8

304, Le Presidium 2 in numbers

  • Sold 3 times: first on 4 October 2018 for AED 425,569, last on 9 June 2022 for AED 620,000 (AED 679 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 10.5%, 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 9 June 2022.

Questions about 304, Le Presidium 2

What did unit 304 last sell for?

AED 620,000 on 9 June 2022: AED 679 per sqft for 912 sqft. The unit has 3 registered sales; the first was AED 425,569 in October 2018.

What is the rent for unit 304?

AED 65,000 a year on the contract signed on 8 February 2017.

How big is unit 304?

912 sqft (84.7 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.

What is unit 304 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 304, Le Presidium 2

Starts from the last sale price (AED 620K, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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