405, Le Presidium 1
Sold prices and rental history: sold twice, last in April 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Le Presidium 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 3 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 4th of 11
- Parking
- B2-55
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,800 /yr
- Last sold
- AED 350K · April 2018
- Building
- Le Presidium 1
About 405, Le Presidium 1
405 is a one-bedroom apartment of 906 sqft on the 4th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 19 April 2018 for AED 350,000, or AED 386 per sqft, in line with the AED 385 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 3 May 2025, is AED 60,000 a year: a gross yield of 17.1% on the 2018 price, before the service charge of about AED 12,800 a year.
Sales and rents for 405 over time
405 has sold twice; 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 405 sits
All 76 1-beds →405 last sold in April 2018 at AED 386 per sqft, in line with what one-beds in Le Presidium 1 were fetching at the time (AED 385). 405's AED 60,000 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 4th floor
All 99 units in Le Presidium 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,009 sqft | AED 780KAED 780,000 · Dec 2016December 2016 | 48,000 /yr | |
| 402 | 1-bed | 724 sqft | AED 620KAED 620,000 · Aug 2016August 2016 | 44,000 /yr | |
| 403 | 2-bed | 1,276 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 85,000 /yr | |
| 404 | 1-bed | 912 sqft | AED 710KAED 710,000 · Aug 2016August 2016 | 43,000 /yr | |
| 406 | 1-bed | 912 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 47,250 /yr | |
| 407 | 2-bed | 1,274 sqft | AED 1.18MAED 1,175,000 · Mar 2023March 2023 | ||
| 408 | 1-bed | 724 sqft | AED 610KAED 610,000 · Sep 2016September 2016 | 53,000 /yr | |
| 409 | 1-bed | 1,010 sqft | AED 780KAED 780,000 · Mar 2017March 2017 | 73,000 /yr |
405, Le Presidium 1 in numbers
- Sold twice: first on 3 February 2016 for AED 662,556, last on 19 April 2018 for AED 350,000 (AED 386 per sqft).
- Rented since May 2018 on 3 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2018 price is 17.1%, before a service charge of about AED 12,800 a year (AED 14.13 per sqft).
Source: Dubai Land Department. Updated 3 May 2025.
Questions about 405, Le Presidium 1
What did unit 405 last sell for?
AED 350,000 on 19 April 2018: AED 386 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 662,556 in February 2016.
What is the rent for unit 405?
AED 60,000 a year on the contract renewed on 3 May 2025. The previous contract, from May 2024, was AED 60,000; the unit has been rented since May 2018.
How big is unit 405?
906 sqft (84.2 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 405 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 405, Le Presidium 1
Starts from the last sale price (AED 350K, 19 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →