305, Le Presidium 2
Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, Le Presidium 2
What is 305 worth today?
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Source: Dubai Land Department. Updated 2 September 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 3rd of 11
- Parking
- B2-85
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,800 /yr
- Last sold
- AED 715K · March 2018
- Building
- Le Presidium 2
About 305, Le Presidium 2
305 is a one-bedroom apartment of 906 sqft on the 3rd floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 6 March 2018 for AED 715,000, or AED 788 per sqft, 3% above the AED 765 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 2 September 2018, is AED 63,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 12,800 a year.
Sales and rents for 305 over time
305 has sold once; the dashed line is the one-bed median of each year in the building.
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 305 sits
All 75 1-beds →305 last sold in March 2018 at AED 788 per sqft, 3% above what one-beds in Le Presidium 2 were fetching at the time (AED 765). 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. 305's AED 63,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 724 sqft | 680,000 | 939 | ||
| 10 Sep 202610 September 2026 | 724 sqft | 685,000 | 946 | ||
| 25 Jun 202625 June 2026 | 906 sqft | 950,000 | 1,048 | ||
| 28 Nov 202528 November 2025 | 724 sqft | 710,000 | 980 |
Le Presidium 2
Building97 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%
Other units on the 3rd floor
All 97 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,009 sqft | AED 770KAED 770,000 · Oct 2018October 2018 | 75,000 /yr | |
| 302 | 1-bed | 724 sqft | AED 310KAED 310,000 · Apr 2017April 2017 | 51,836 /yr | |
| 303 | 2-bed | 1,280 sqft | AED 1.15MAED 1,150,000 · Aug 2017August 2017 | 90,000 /yr | |
| 304 | 1-bed | 912 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 65,000 /yr | |
| 306 | 1-bed | 912 sqft | AED 655KAED 655,000 · Sep 2023September 2023 | 58,000 /yr | |
| 307 | 2-bed | 1,274 sqft | AED 1.17MAED 1,170,000 · Feb 2024February 2024 | 66,000 /yr | |
| 308 | 1-bed | 724 sqft | AED 610KAED 610,000 · May 2017May 2017 | 50,000 /yr | |
| 309 | 1-bed | 1,010 sqft | AED 650KAED 650,000 · Jun 2021June 2021 |
305, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 6 March 2018 for AED 715,000, or AED 788 per sqft.
- Rented since December 2016 on 3 Ejari contracts, from AED 65,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 12,800 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 September 2018.
Questions about 305, Le Presidium 2
What did unit 305 last sell for?
AED 715,000 on 6 March 2018, sold by the developer: AED 788 per sqft for 906 sqft. It is the only registered sale of the unit.
What is the rent for unit 305?
AED 63,000 a year on the contract signed on 2 September 2018. The previous contract, from April 2018, was AED 58,000; the unit has been rented since December 2016.
How big is unit 305?
906 sqft (84.2 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 305 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 305, Le Presidium 2
Starts from the last sale price (AED 715K, 6 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 715,000
- Deposit, UAE resident (20%)
- AED 143,000
- Deposit, non-resident (40%)
- AED 286,000
- Monthly over 25 years at 3.7%
- AED 2,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →