507, Le Presidium 2
Sold prices and rental history: sold once, by the developer in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Le Presidium 2
What is 507 worth today?
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Source: Dubai Land Department. Updated 18 August 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 5th of 11
- Parking
- B2-93, B2-94
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1M · August 2016
- Building
- Le Presidium 2
About 507, Le Presidium 2
507 is a two-bedroom apartment of 1,274 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 18 August 2016 for AED 1,000,272, or AED 785 per sqft, 6% above the AED 742 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 507 over time
507 has sold once; 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 507 sits
All 22 2-beds →507 last sold in August 2016 at AED 785 per sqft, 6% above what two-beds in Le Presidium 2 were fetching at the time (AED 742). 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.
| 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 | ||
| 25 Oct 202425 October 2024 | 1,274 sqft | 1,300,000 | 1,020 |
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 | |
| 505 | 1-bed | 906 sqft | AED 617KAED 616,862 · Dec 2015December 2015 | 50,935 /yr | |
| 506 | 1-bed | 912 sqft | AED 622KAED 621,500 · Dec 2015December 2015 | 53,482 /yr | |
| 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 |
507, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 18 August 2016 for AED 1,000,272, or AED 785 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 18 August 2016.
Questions about 507, Le Presidium 2
What did unit 507 last sell for?
AED 1,000,272 on 18 August 2016, sold by the developer: AED 785 per sqft for 1,274 sqft. It is the only registered sale of the unit.
How big is unit 507?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 507 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 507, Le Presidium 2
Starts from the last sale price (AED 1M, 18 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,272
- Deposit, UAE resident (20%)
- AED 200,054
- Deposit, non-resident (40%)
- AED 400,109
- Monthly over 25 years at 3.7%
- AED 4,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →