505, Le Presidium 2
Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Le Presidium 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 5th of 11
- Parking
- B2-110
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,800 /yr
- Last sold
- AED 617K · December 2015
- Building
- Le Presidium 2
About 505, Le Presidium 2
505 is a one-bedroom apartment of 906 sqft on the 5th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 20 December 2015 for AED 616,862, or AED 680 per sqft, in line with the AED 683 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 50,935 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 12,800 a year.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 75 1-beds →505 last sold in December 2015 at AED 680 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 683). 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. 505's AED 50,935 is in the lower 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 5th floor
All 97 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,009 sqft | AED 650KAED 650,000 · Mar 2021March 2021 | ||
| 502 | 1-bed | 724 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 34,000 /yr | |
| 503 | 2-bed | 1,280 sqft | AED 1.06MAED 1,060,000 · Oct 2023October 2023 | 66,169 /yr | |
| 504 | 1-bed | 912 sqft | AED 710KAED 710,000 · May 2024May 2024 | 65,000 /yr | |
| 506 | 1-bed | 912 sqft | AED 622KAED 621,500 · Dec 2015December 2015 | 53,482 /yr | |
| 507 | 2-bed | 1,274 sqft | AED 1MAED 1,000,272 · Aug 2016August 2016 | ||
| 508 | 1-bed | 724 sqft | AED 587KAED 586,928 · Nov 2016November 2016 | 48,000 /yr | |
| 509 | 1-bed | 1,010 sqft | AED 615KAED 615,000 · Nov 2021November 2021 | 63,000 /yr |
505, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 20 December 2015 for AED 616,862, or AED 680 per sqft.
- Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 37,015 in 2020 and recovered to AED 50,935 by November 2025.
- At AED 50,935 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 12,800 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 1 November 2025.
Questions about 505, Le Presidium 2
What did unit 505 last sell for?
AED 616,862 on 20 December 2015, sold by the developer: AED 680 per sqft for 906 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 50,935 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 48,510; the unit has been rented since July 2018.
How big is unit 505?
906 sqft (84.2 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 505 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 505, Le Presidium 2
Starts from the last sale price (AED 617K, 20 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 616,862
- Deposit, UAE resident (20%)
- AED 123,372
- Deposit, non-resident (40%)
- AED 246,745
- Monthly over 25 years at 3.7%
- AED 2,524
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →