2-bed · 1,274 sqftLe Presidium 1, Dubai Silicon Oasis · 6th floor · completed 2016

607, Le Presidium 1

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

Unit 607 · DLD and Ejari recordsUpdated 16 August 2025
Last soldAED 1M1 September 2016
Current rentAED 50K /yr16 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Le Presidium 1

What is 607 worth today?

Last sold for AED 1,002,701 in 2016

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16 Aug 2025RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
5 Feb 2025RentedRenewal
AED 79,000/yr12 months · AED 62 per sqft
5 Feb 2024RentedNew contract
AED 79,000/yr12 months · AED 62 per sqft
5 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
25 Apr 2018RentedRenewal
AED 84,000/yr12 months · AED 66 per sqft
25 Apr 2017RentedNew contract
AED 84,000/yr12 months · AED 66 per sqft
1 Sep 2016SoldOff-plan
AED 1,002,701AED 787 per sqft
4 Feb 2016Sold by developerOff-plan
AED 950,272AED 746 per sqft

Source: Dubai Land Department. Updated 16 August 2025.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
6th of 11
Parking
B2-58
Developer
Credo Investments
Completed
2016
Service charge
AED 18,000 /yr
Last sold
AED 1M · September 2016

About 607, Le Presidium 1

607 is a two-bedroom apartment of 1,274 sqft on the 6th floor of Le Presidium 1, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 1 September 2016 for AED 1,002,701, or AED 787 per sqft, 6% above the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 16 August 2025, is AED 50,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical two-bed in Le Presidium 1
1M1.2M20162018202020222024Typical sale price by year: 2016 AED 950,272; 2017 AED 1,018,040; 2023 AED 1,200,000Sold by developer, February 2016: AED 950,272 (AED 746 per sqft)Sold, September 2016: AED 1,002,701 (AED 787 per sqft)

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

Rents
Unit 607, each contractTypical two-bed in Le Presidium 1
60K80K2017202020232026Typical rent by year: 2017 AED 86,500; 2018 AED 78,231; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 65,000; 2022 AED 65,000; 2023 AED 66,450; 2024 AED 75,000; 2025 AED 78,000New contract, April 2017: AED 84,000 a yearRenewal, April 2018: AED 84,000 a yearNew contract, December 2020: AED 55,000 a yearNew contract, February 2024: AED 79,000 a yearRenewal, February 2025: AED 79,000 a yearRenewal, August 2025: AED 50,000 a year

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 1, and where 607 sits

All 22 2-beds →

607 last sold in September 2016 at AED 787 per sqft, 6% above what two-beds in Le Presidium 1 were fetching at the time (AED 744). Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,177 per sqft, and rent for AED 90,000 to 90,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20261,500,000
5 May 20251,480,000
1 Apr 20241,070,000
14 Dec 20231,200,000
1 2-bed sale in the last 12 months

Le Presidium 1

Building

99 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%
Le Presidium 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 99 units in Le Presidium 1
Value
6011-bedAED 550K · Nov 2020
6021-bedAED 610K · Jul 2016
6032-bedAED 1M · Dec 2016
6041-bedAED 590K · May 2023
6051-bedAED 630K · May 2022
6061-bedAED 510K · Mar 2021
6081-bedAED 590K · Jul 2016
1–7 of 8

607, Le Presidium 1 in numbers

  • Sold twice: first on 4 February 2016 for AED 950,272, last on 1 September 2016 for AED 1,002,701 (AED 787 per sqft).
  • Rented since April 2017 on 6 Ejari contracts, from AED 84,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 18,000 a year (AED 14.13 per sqft).
  • Two-beds in Le Presidium 1 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,177 per sqft.

Source: Dubai Land Department. Updated 16 August 2025.

Questions about 607, Le Presidium 1

What did unit 607 last sell for?

AED 1,002,701 on 1 September 2016: AED 787 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 950,272 in February 2016.

What is the rent for unit 607?

AED 50,000 a year on the contract renewed on 16 August 2025. The previous contract, from February 2025, was AED 79,000; the unit has been rented since April 2017.

How big is unit 607?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.

What is unit 607 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 1 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,177 per sqft.

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Mortgage on 607, Le Presidium 1

Starts from the last sale price (AED 1M, 1 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,701
Deposit, UAE resident (20%)
AED 200,540
Deposit, non-resident (40%)
AED 401,080
Monthly over 25 years at 3.7%
AED 4,102

Plus AED 47,123 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →