307, Le Presidium 2
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Le Presidium 2
What is 307 worth today?
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Source: Dubai Land Department. Updated 13 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 3rd of 11
- Parking
- B2-83
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.17M · February 2024
- Building
- Le Presidium 2
About 307, Le Presidium 2
307 is a two-bedroom apartment of 1,274 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 13 February 2024 for AED 1,170,000, or AED 918 per sqft.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 2 August 2023, is AED 66,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 18,000 a year.
Sales and rents for 307 over time
307 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Le Presidium 2, and where 307 sits
All 22 2-beds →Over the last 12 months two-beds sold for AED 1,470,000, around AED 1,151 per sqft, and rent for AED 60,000 to 100,000 a year. 307's AED 66,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 1,280 sqft | 1,470,000 | 1,148 | ||
| 25 Nov 202525 November 2025 | 1,274 sqft | 1,470,000 | 1,154 | ||
| 7 May 20257 May 2025 | 1,280 sqft | 1,450,000 | 1,132 | ||
| 25 Oct 202425 October 2024 | 1,274 sqft | 1,300,000 | 1,020 |
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 | |
| 305 | 1-bed | 906 sqft | AED 715KAED 715,000 · Mar 2018March 2018 | 63,000 /yr | |
| 306 | 1-bed | 912 sqft | AED 655KAED 655,000 · Sep 2023September 2023 | 58,000 /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 |
307, Le Presidium 2 in numbers
- Sold twice: first on 28 December 2015 for AED 1,572,864, last on 13 February 2024 for AED 1,170,000 (AED 918 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 39,000 in 2019 and recovered to AED 66,000 by August 2023.
- At AED 66,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 18,000 a year (AED 14.13 per sqft).
- Two-beds in Le Presidium 2 sold for AED 1,470,000–1,470,000 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 13 February 2024.
Questions about 307, Le Presidium 2
What did unit 307 last sell for?
AED 1,170,000 on 13 February 2024: AED 918 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,572,864 in December 2015.
What is the rent for unit 307?
AED 66,000 a year on the contract renewed on 2 August 2023. The previous contract, from August 2022, was AED 63,000; the unit has been rented since October 2016.
How big is unit 307?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Le Presidium 2 sold for AED 1,470,000 to 1,470,000 in the last 12 months, around AED 1,151 per sqft.
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Mortgage on 307, Le Presidium 2
Starts from the last sale price (AED 1.17M, 13 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →