1008, Le Presidium 1
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Le Presidium 1
What is 1008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 10th of 11
- Parking
- B1-71
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 594K · December 2016
- Building
- Le Presidium 1
About 1008, Le Presidium 1
1008 is a one-bedroom apartment of 724 sqft on the 10th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 14 December 2016 for AED 594,265, or AED 821 per sqft, 9% above the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 55,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 1008 over time
1008 has sold once; the dashed line is the one-bed median of each year in the building.
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 1, and where 1008 sits
All 76 1-beds →1008 last sold in December 2016 at AED 821 per sqft, 9% above what one-beds in Le Presidium 1 were fetching at the time (AED 755). 1008's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 1,009 sqft | 925,000 | 916 | ||
| 31 Oct 202431 October 2024 | 1,009 sqft | 940,000 | 931 | ||
| 24 Oct 202424 October 2024 | 912 sqft | 750,000 | 822 | ||
| 20 May 202420 May 2024 | 1,010 sqft | 800,000 | 791 |
Le Presidium 1
Building99 apartments, 1-bed to 2-bed over 11 floors in Dubai Silicon Oasis, completed in 2016 by Credo Investments. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,177
- Typical sale
- AED 1.5M
- Typical rent
- AED 56K /yr
- Typical yield
- 6.1%
Other units on the 10th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,009 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 52,000 /yr | |
| 1002 | 1-bed | 367 sqft | AED 598KAED 597,851 · Oct 2016October 2016 | 48,000 /yr | |
| 1003 | 2-bed | 1,276 sqft | AED 983KAED 983,040 · Nov 2016November 2016 | 78,000 /yr | |
| 1004 | 1-bed | 912 sqft | AED 700KAED 699,762 · Sep 2016September 2016 | ||
| 1005 | 1-bed | 906 sqft | AED 699KAED 699,111 · Oct 2016October 2016 | ||
| 1006 | 1-bed | 912 sqft | AED 700KAED 699,762 · Sep 2016September 2016 | 45,000 /yr | |
| 1007 | 2-bed | 1,274 sqft | AED 983KAED 983,040 · Nov 2016November 2016 | 84,000 /yr | |
| 1009 | 1-bed | 1,010 sqft | AED 400KAED 399,500 · Feb 2017February 2017 |
1008, Le Presidium 1 in numbers
- Sold once: by Credo Investments on 14 December 2016 for AED 594,265, or AED 821 per sqft.
- Rented since December 2016 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 35,000 in 2021 and recovered to AED 55,000 by November 2025.
- At AED 55,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 10,200 a year (AED 14.13 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2025.
Questions about 1008, Le Presidium 1
What did unit 1008 last sell for?
AED 594,265 on 14 December 2016, sold by the developer: AED 821 per sqft for 724 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 55,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since December 2016.
How big is unit 1008?
724 sqft (67.3 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1008, Le Presidium 1
Starts from the last sale price (AED 594K, 14 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 594,265
- Deposit, UAE resident (20%)
- AED 118,853
- Deposit, non-resident (40%)
- AED 237,706
- Monthly over 25 years at 3.7%
- AED 2,431
Plus AED 29,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →