1-bed · 912 sqftLe Presidium 2, Dubai Silicon Oasis · 7th floor · completed 2016

706, Le Presidium 2

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 725K27 November 2016
Current rentAED 60K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Le Presidium 2

What is 706 worth today?

Last sold for AED 725,000 in 2016

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10 Nov 2025RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
10 Nov 2024RentedRenewal
AED 59,000/yr12 months · AED 64 per sqft
10 Nov 2023RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
10 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
10 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 60 per sqft
25 Feb 2018RentedRenewal
AED 63,000/yr12 months · AED 69 per sqft
25 Feb 2017RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
27 Nov 2016Sold by developerReady
AED 725,000AED 794 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
7th of 11
Parking
B1-42
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 725K · November 2016

About 706, Le Presidium 2

706 is a one-bedroom apartment of 912 sqft on the 7th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 27 November 2016 for AED 725,000, or AED 794 per sqft, 9% above the AED 731 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 60,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 12,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Le Presidium 2
600K800K20152018202120242027Typical 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, November 2016: AED 725,000 (AED 794 per sqft)

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

Rents
Unit 706, 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 57,500New contract, February 2017: AED 65,000 a yearRenewal, February 2018: AED 63,000 a yearNew contract, April 2019: AED 55,000 a yearRenewal, April 2020: AED 50,000 a yearNew contract, November 2023: AED 57,000 a yearRenewal, November 2024: AED 59,000 a yearRenewal, November 2025: AED 60,000 a year

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 706 sits

All 75 1-beds →

706 last sold in November 2016 at AED 794 per sqft, 9% above what one-beds in Le Presidium 2 were fetching at the time (AED 731). 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. 706's AED 60,000 is in the lower half of that range.

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
7011-bedAED 930K · Jul 2024
7021-bedAED 680K · May 2025
7032-bedAED 1.45M · May 2025
7041-bedAED 737K · Dec 2016
7051-bedAED 640K · Nov 2016
7072-bedAED 1.1M · Nov 2016
7081-bedAED 650K · Sep 2025
1–7 of 8

706, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 27 November 2016 for AED 725,000, or AED 794 per sqft.
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2020 and recovered to AED 60,000 by November 2025.
  • At AED 60,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 12,900 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 10 November 2025.

Questions about 706, Le Presidium 2

What did unit 706 last sell for?

AED 725,000 on 27 November 2016, sold by the developer: AED 794 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 60,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 59,000; the unit has been rented since February 2017.

How big is unit 706?

912 sqft (84.7 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 706 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 706, Le Presidium 2

Starts from the last sale price (AED 725K, 27 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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