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2-bed · 1,274 sqftLe Presidium 2, Dubai Silicon Oasis · 7th floor · completed 2016

707, Le Presidium 2

Sold prices and rental history: sold twice, last in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 November 2016
Last soldAED 1.1M15 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Le Presidium 2

What is 707 worth today?

Last sold for AED 1,100,000 in 2016

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15 Nov 2016SoldReady
AED 1,100,000AED 863 per sqft
28 Jan 2016Sold by developerOff-plan
AED 640,942AED 503 per sqft

Source: Dubai Land Department. Updated 15 November 2016.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
7th of 11
Parking
B1-43
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1.1M · November 2016
Building
Le Presidium 2

About 707, Le Presidium 2

707 is a two-bedroom apartment of 1,274 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 15 November 2016 for AED 1,100,000, or AED 863 per sqft, 11% above 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 707 over time

Sales
Unit 707, each saleTypical two-bed in Le Presidium 2
500K1M1.5M2015201820212024Typical 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, January 2016: AED 640,942 (AED 503 per sqft)Sold, November 2016: AED 1,100,000 (AED 863 per sqft)

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

Rents
Unit 707, 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 707 sits

All 22 2-beds →

707 last sold in November 2016 at AED 863 per sqft, 11% above 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 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
7061-bedAED 725K · Nov 2016
7081-bedAED 650K · Sep 2025
1–7 of 8

707, Le Presidium 2 in numbers

  • Sold twice: first on 28 January 2016 for AED 640,942, last on 15 November 2016 for AED 1,100,000 (AED 863 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 15 November 2016.

Questions about 707, Le Presidium 2

What did unit 707 last sell for?

AED 1,100,000 on 15 November 2016: AED 863 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 640,942 in January 2016.

How big is unit 707?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 707 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 707, Le Presidium 2

Starts from the last sale price (AED 1.1M, 15 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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