2-bed · 1,280 sqftLe Presidium 2, Dubai Silicon Oasis · 6th floor · completed 2016

603, Le Presidium 2

Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 12 October 2016
Last soldAED 1M12 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Le Presidium 2

What is 603 worth today?

Last sold for AED 1,000,272 in 2016

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12 Oct 2016Sold by developerOff-plan
AED 1,000,272AED 781 per sqft

Source: Dubai Land Department. Updated 12 October 2016.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Floor
6th of 11
Parking
B2-73, B2-74
Developer
Credo Investments
Completed
2016
Service charge
AED 18,100 /yr
Last sold
AED 1M · October 2016

About 603, Le Presidium 2

603 is a two-bedroom apartment of 1,280 sqft on the 6th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 12 October 2016 for AED 1,000,272, or AED 781 per sqft, in line with the AED 777 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Le Presidium 2
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,572,864; 2016 AED 997,636; 2017 AED 924,736; 2018 AED 1,200,000; 2024 AED 1,170,000Sold by developer, October 2016: AED 1,000,272 (AED 781 per sqft)

603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, each contractTypical two-bed in Le Presidium 2
60K80K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 76,500; 2020 AED 64,000; 2021 AED 60,000; 2022 AED 63,250; 2023 AED 66,000; 2024 AED 65,000; 2025 AED 86,000; 2026 AED 92,500

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 603 sits

All 22 2-beds →

603 last sold in October 2016 at AED 781 per sqft, in line with what two-beds in Le Presidium 2 were fetching at the time (AED 777). 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 salesUnit no.Price (AED)Summary
5 Jun 20261,470,000
25 Nov 20251,470,000
7 May 20251,450,000
25 Oct 20241,300,000
2 2-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 6th floor

All 97 units in Le Presidium 2
Value
6011-bedAED 763K · Nov 2016
6021-bedAED 680K · Sep 2026
6041-bedAED 668K · Sep 2016
6051-bedAED 663K · Sep 2016
6061-bedAED 668K · Aug 2016
6072-bedAED 1.09M · Jul 2018
6081-bedAED 495K · Oct 2016
1–7 of 8

603, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 12 October 2016 for AED 1,000,272, or AED 781 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 12 October 2016.

Questions about 603, Le Presidium 2

What did unit 603 last sell for?

AED 1,000,272 on 12 October 2016, sold by the developer: AED 781 per sqft for 1,280 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,280 sqft (118.9 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.

What is unit 603 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 603, Le Presidium 2

Starts from the last sale price (AED 1M, 12 October 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 →