1-bed · 724 sqftLe Presidium 2, Dubai Silicon Oasis · 4th floor · completed 2016

402, Le Presidium 2

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 11 January 2026
Last soldAED 500K8 August 2023
Current rentAED 63K /yr11 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Le Presidium 2

What is 402 worth today?

Last sold for AED 500,000 in 2023

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11 Jan 2026RentedNew contract
AED 63,000/yr12 months · AED 87 per sqft
1 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
8 Aug 2023SoldReady
AED 500,000AED 690 per sqft
15 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 47 per sqft
10 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 53 per sqft
10 Sep 2019RentedNew contract
AED 43,000/yr12 months · AED 60 per sqft
16 Jul 2019SoldReady
AED 400,000AED 552 per sqft
27 Nov 2016RentedNew contract
AED 57,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 11 January 2026.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
4th of 11
Parking
B2-103
Developer
Credo Investments
Completed
2016
Service charge
AED 10,200 /yr
Last sold
AED 500K · August 2023

About 402, Le Presidium 2

402 is a one-bedroom apartment of 724 sqft on the 4th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 8 August 2023 for AED 500,000, or AED 690 per sqft, in line with the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 11 January 2026, is AED 63,000 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Le Presidium 2
500K750K20152018202120242027Typical 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, February 2016: AED 358,711 (AED 495 per sqft)Sold, October 2016: AED 650,000 (AED 898 per sqft)Sold, July 2019: AED 400,000 (AED 552 per sqft)Sold, August 2023: AED 500,000 (AED 690 per sqft)

402 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, 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 2016: AED 57,000 a yearNew contract, September 2019: AED 43,000 a yearRenewal, September 2020: AED 38,000 a yearNew contract, October 2021: AED 34,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, January 2026: AED 63,000 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 402 sits

All 75 1-beds →

402 last sold in August 2023 at AED 690 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 690). 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. 402's AED 63,000 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 4th floor

All 97 units in Le Presidium 2
Value
4011-bedAED 730K · Mar 2022
4032-bedAED 995K · Aug 2016
4041-bedAED 737K · Nov 2016
4051-bedAED 714K · Oct 2016
4061-bedAED 714K · Oct 2016
4072-bedAED 1.3M · Oct 2024
4081-bedAED 450K · Feb 2020
1–7 of 8

402, Le Presidium 2 in numbers

  • Sold 4 times: first on 17 February 2016 for AED 358,711, last on 8 August 2023 for AED 500,000 (AED 690 per sqft).
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 57,000 to AED 34,000 in 2021 and recovered to AED 63,000 by January 2026.
  • At AED 63,000 a year the gross yield on the 2023 price is 12.6%, before a service charge of about AED 10,200 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 11 January 2026.

Questions about 402, Le Presidium 2

What did unit 402 last sell for?

AED 500,000 on 8 August 2023: AED 690 per sqft for 724 sqft. The unit has 4 registered sales; the first was AED 358,711 in February 2016.

What is the rent for unit 402?

AED 63,000 a year on the contract signed on 11 January 2026. The previous contract, from November 2024, was AED 60,000; the unit has been rented since November 2016.

How big is unit 402?

724 sqft (67.3 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.

What is unit 402 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 402, Le Presidium 2

Starts from the last sale price (AED 500K, 8 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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