1-bed · 1,009 sqftLe Presidium 2, Dubai Silicon Oasis · 5th floor · completed 2016

501, Le Presidium 2

Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 17 March 2021
Last soldAED 650K17 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Le Presidium 2

What is 501 worth today?

Last sold for AED 650,000 in 2021

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17 Mar 2021SoldReady
AED 650,000AED 643 per sqft
6 Dec 2016Sold by developerReady
AED 394,568AED 390 per sqft

Source: Dubai Land Department. Updated 17 March 2021.

Key facts

Type
1-bed apartment
Size
1,009 sqft
Floor
5th of 11
Parking
B2-114
Developer
Credo Investments
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 650K · March 2021

About 501, Le Presidium 2

501 is a one-bedroom apartment of 1,009 sqft on the 5th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 17 March 2021 for AED 650,000, or AED 643 per sqft, 12% above the AED 573 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Le Presidium 2
400K600K800K20152018202120242027Typical 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, December 2016: AED 394,568 (AED 390 per sqft)Sold, March 2021: AED 650,000 (AED 643 per sqft)

501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, 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 57,500

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 501 sits

All 75 1-beds →

501 last sold in March 2021 at AED 643 per sqft, 12% above what one-beds in Le Presidium 2 were fetching at the time (AED 573). 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.

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 5th floor

All 97 units in Le Presidium 2
Value
5021-bedAED 500K · Feb 2023
5032-bedAED 1.06M · Oct 2023
5041-bedAED 710K · May 2024
5051-bedAED 617K · Dec 2015
5061-bedAED 622K · Dec 2015
5072-bedAED 1M · Aug 2016
5081-bedAED 587K · Nov 2016
1–7 of 8

501, Le Presidium 2 in numbers

  • Sold twice: first on 6 December 2016 for AED 394,568, last on 17 March 2021 for AED 650,000 (AED 643 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 17 March 2021.

Questions about 501, Le Presidium 2

What did unit 501 last sell for?

AED 650,000 on 17 March 2021: AED 643 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 394,568 in December 2016.

How big is unit 501?

1,009 sqft (93.7 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 501 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 501, Le Presidium 2

Starts from the last sale price (AED 650K, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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