406, Le Presidium 2
Sold prices and rental history: sold twice, last in October 2016, 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 406, Le Presidium 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 4th of 11
- Parking
- B2-95
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,900 /yr
- Last sold
- AED 714K · October 2016
- Building
- Le Presidium 2
About 406, Le Presidium 2
406 is a one-bedroom apartment of 912 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 3 October 2016 for AED 713,500, or AED 782 per sqft, 10% above the AED 713 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 15 January 2025, is AED 62,000 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 12,900 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 75 1-beds →406 last sold in October 2016 at AED 782 per sqft, 10% above what one-beds in Le Presidium 2 were fetching at the time (AED 713). 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. 406's AED 62,000 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 4th floor
All 97 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,009 sqft | AED 730KAED 730,000 · Mar 2022March 2022 | 41,864 /yr | |
| 402 | 1-bed | 724 sqft | AED 500KAED 500,000 · Aug 2023August 2023 | 63,000 /yr | |
| 403 | 2-bed | 1,280 sqft | AED 995KAED 995,000 · Aug 2016August 2016 | 92,000 /yr | |
| 404 | 1-bed | 912 sqft | AED 737KAED 736,592 · Nov 2016November 2016 | 67,181 /yr | |
| 405 | 1-bed | 906 sqft | AED 714KAED 713,500 · Oct 2016October 2016 | 60,162 /yr | |
| 407 | 2-bed | 1,274 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 90,000 /yr | |
| 408 | 1-bed | 724 sqft | AED 450KAED 450,000 · Feb 2020February 2020 | 57,000 /yr | |
| 409 | 1-bed | 1,010 sqft | AED 740KAED 740,000 · May 2023May 2023 | 52,000 /yr |
406, Le Presidium 2 in numbers
- Sold twice: first on 17 February 2016 for AED 450,242, last on 3 October 2016 for AED 713,500 (AED 782 per sqft).
- Rented since November 2016 on 10 Ejari contracts. The rent fell from AED 71,000 to AED 43,000 in 2021 and recovered to AED 62,000 by January 2025.
- At AED 62,000 a year the gross yield on the 2016 price is 8.7%, 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 15 January 2025.
Questions about 406, Le Presidium 2
What did unit 406 last sell for?
AED 713,500 on 3 October 2016: AED 782 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 450,242 in February 2016.
What is the rent for unit 406?
AED 62,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 62,000; the unit has been rented since November 2016.
How big is unit 406?
912 sqft (84.7 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 406 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 406, Le Presidium 2
Starts from the last sale price (AED 714K, 3 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 713,500
- Deposit, UAE resident (20%)
- AED 142,700
- Deposit, non-resident (40%)
- AED 285,400
- Monthly over 25 years at 3.7%
- AED 2,919
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →