1-bed · 912 sqftLe Presidium 2, Dubai Silicon Oasis · 9th floor · completed 2016

904, Le Presidium 2

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 668K10 December 2015
Current rentAED 60K /yr9 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Le Presidium 2

What is 904 worth today?

Last sold for AED 667,536 in 2015

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9 Jan 2024RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
10 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
17 Jul 2017RentedNew contract
AED 64,000/yr12 months · AED 70 per sqft
10 Dec 2015Sold by developerOff-plan
AED 667,536AED 731 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
9th of 11
Parking
B1-4
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 668K · December 2015

About 904, Le Presidium 2

904 is a one-bedroom apartment of 912 sqft on the 9th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 10 December 2015 for AED 667,536, or AED 731 per sqft, 7% above the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 January 2024, is AED 60,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 12,900 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, December 2015: AED 667,536 (AED 731 per sqft)

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

Rents
Unit 904, 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, July 2017: AED 64,000 a yearNew contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 60,000 a yearRenewal, August 2020: AED 60,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, January 2024: 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 904 sits

All 75 1-beds →

904 last sold in December 2015 at AED 731 per sqft, 7% above what one-beds in Le Presidium 2 were fetching at the time (AED 684). 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. 904'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 9th floor

All 97 units in Le Presidium 2
Value
9011-bedAED 695K · Oct 2021
9021-bedAED 675K · Sep 2024
9032-bedAED 870K · Nov 2021
9051-bedAED 580K · Mar 2023
9061-bedAED 750K · Aug 2024
9072-bedAED 890K · Jan 2022
9081-bedAED 602K · Dec 2016
1–7 of 8

904, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 10 December 2015 for AED 667,536, or AED 731 per sqft.
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 64,000 to AED 42,000 in 2021 and recovered to AED 60,000 by January 2024.
  • At AED 60,000 a year the gross yield on the 2015 price is 9.0%, 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 9 January 2024.

Questions about 904, Le Presidium 2

What did unit 904 last sell for?

AED 667,536 on 10 December 2015, sold by the developer: AED 731 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 60,000 a year on the contract signed on 9 January 2024. The previous contract, from October 2021, was AED 42,000; the unit has been rented since July 2017.

How big is unit 904?

912 sqft (84.7 sqm): a one-bedroom apartment on the 9th floor of a 11-storey tower completed in 2016.

What is unit 904 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 904, Le Presidium 2

Starts from the last sale price (AED 668K, 10 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 667,536
Deposit, UAE resident (20%)
AED 133,507
Deposit, non-resident (40%)
AED 267,014
Monthly over 25 years at 3.7%
AED 2,731

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