407, Le Presidium 2
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Le Presidium 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 4 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 4th of 11
- Parking
- B2-117
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.3M · October 2024
- Building
- Le Presidium 2
About 407, Le Presidium 2
407 is a two-bedroom apartment of 1,274 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 25 October 2024 for AED 1,300,000, or AED 1,020 per sqft, 11% above the AED 918 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 4 June 2026, is AED 90,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 18,000 a year.
Sales and rents for 407 over time
407 has sold 3 times; 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 407 sits
All 22 2-beds →407 last sold in October 2024 at AED 1,020 per sqft, 11% above what two-beds in Le Presidium 2 were fetching at the time (AED 918). 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. 407's AED 90,000 is in the upper 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 | ||
| 28 Jun 202428 June 2024 | 1,280 sqft | 1,260,000 | 984 |
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 | |
| 406 | 1-bed | 912 sqft | AED 714KAED 713,500 · Oct 2016October 2016 | 62,000 /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 |
407, Le Presidium 2 in numbers
- Sold 3 times: first on 17 February 2016 for AED 640,942, last on 25 October 2024 for AED 1,300,000 (AED 1,020 per sqft).
- Rented since December 2022 on 5 Ejari contracts, from AED 70,195 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 6.9%, 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 4 June 2026.
Questions about 407, Le Presidium 2
What did unit 407 last sell for?
AED 1,300,000 on 25 October 2024: AED 1,020 per sqft for 1,274 sqft. The unit has 3 registered sales; the first was AED 640,942 in February 2016.
What is the rent for unit 407?
AED 90,000 a year on the contract renewed on 4 June 2026. The previous contract, from June 2025, was AED 90,000; the unit has been rented since December 2022.
How big is unit 407?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 407 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 407, Le Presidium 2
Starts from the last sale price (AED 1.3M, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →