1-bed · 1,009 sqftLe Presidium 2, Dubai Silicon Oasis · 7th floor · completed 2016

701, Le Presidium 2

Sold prices and rental history: sold 4 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 930K29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Le Presidium 2

What is 701 worth today?

Last sold for AED 930,000 in 2024

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29 Jul 2024SoldReady
AED 930,000AED 921 per sqft
1 Jul 2018SoldReady
AED 830,000AED 822 per sqft
17 Nov 2016SoldReady
AED 810,178AED 802 per sqft
30 Mar 2016Sold by developerOff-plan
AED 514,516AED 509 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
1,009 sqft
Floor
7th of 11
Parking
B1-46
Developer
Credo Investments
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 930K · July 2024

About 701, Le Presidium 2

701 is a one-bedroom apartment of 1,009 sqft on the 7th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 29 July 2024 for AED 930,000, or AED 921 per sqft, 24% above the AED 745 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Le Presidium 2
600K800K1M20152018202120242027Typical 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, March 2016: AED 514,516 (AED 509 per sqft)Sold, November 2016: AED 810,178 (AED 802 per sqft)Sold, July 2018: AED 830,000 (AED 822 per sqft)Sold, July 2024: AED 930,000 (AED 921 per sqft)

701 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, 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 701 sits

All 75 1-beds →

701 last sold in July 2024 at AED 921 per sqft, 24% above what one-beds in Le Presidium 2 were fetching at the time (AED 745). 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 7th floor

All 97 units in Le Presidium 2
Value
7021-bedAED 680K · May 2025
7032-bedAED 1.45M · May 2025
7041-bedAED 737K · Dec 2016
7051-bedAED 640K · Nov 2016
7061-bedAED 725K · Nov 2016
7072-bedAED 1.1M · Nov 2016
7081-bedAED 650K · Sep 2025
1–7 of 8

701, Le Presidium 2 in numbers

  • Sold 4 times: first on 30 March 2016 for AED 514,516, last on 29 July 2024 for AED 930,000 (AED 921 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 29 July 2024.

Questions about 701, Le Presidium 2

What did unit 701 last sell for?

AED 930,000 on 29 July 2024: AED 921 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 514,516 in March 2016.

How big is unit 701?

1,009 sqft (93.7 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 701 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 701, Le Presidium 2

Starts from the last sale price (AED 930K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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