1007, Le Presidium 2
Sold prices and rental history: sold once, by the developer in January 2017, 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 1007, Le Presidium 2
What is 1007 worth today?
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Source: Dubai Land Department. Updated 4 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 10th of 11
- Parking
- B2-97,B2-98 1
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 18,000 /yr
- Last sold
- AED 925K · January 2017
- Building
- Le Presidium 2
About 1007, Le Presidium 2
1007 is a two-bedroom apartment of 1,274 sqft on the 10th 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 January 2017 for AED 924,736, or AED 726 per sqft, 5% below the AED 765 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 4 December 2024, is AED 65,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the two-bed median of each year in the building.
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 1007 sits
All 20 2-beds →1007 last sold in January 2017 at AED 726 per sqft, 5% below what two-beds in Le Presidium 2 were fetching at the time (AED 765). Over the last 12 months two-beds sold for AED 1,470,000, around AED 1,154 per sqft, and rent for AED 82,000 to 95,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20257 May 2025 | 1,280 sqft | 1,450,000 | 1,132 | ||
| 25 Oct 202425 October 2024 | 1,274 sqft | 1,300,000 | 1,020 | ||
| 28 Jun 202428 June 2024 | 1,280 sqft | 1,260,000 | 984 | ||
| 20 Jun 202420 June 2024 | 1,274 sqft | 1,170,000 | 918 |
Le Presidium 2
Building95 apartments, 1-bed to 2-bed over 11 floors in Dubai Silicon Oasis, completed in 2016 by Credo Investments. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,067
- Typical sale
- AED 1.09M
- Typical rent
- AED 63K /yr
- Typical yield
- 7.0%
Other units on the 10th floor
All 95 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,009 sqft | AED 750KAED 750,222 · Jan 2017January 2017 | 53,000 /yr | |
| 1002 | 1-bed | 724 sqft | AED 535KAED 535,153 · Jan 2017January 2017 | 60,000 /yr | |
| 1003 | 2-bed | 1,280 sqft | AED 925KAED 924,736 · Jan 2017January 2017 | 70,000 /yr | |
| 1004 | 1-bed | 912 sqft | AED 662KAED 661,500 · Jan 2017January 2017 | 48,510 /yr | |
| 1005 | 1-bed | 906 sqft | AED 657KAED 656,862 · Jan 2017January 2017 | 46,305 /yr | |
| 1006 | 1-bed | 912 sqft | AED 662KAED 661,500 · Jan 2017January 2017 | 49,613 /yr | |
| 1008 | 1-bed | 724 sqft | AED 535KAED 535,221 · Jan 2017January 2017 | 60,000 /yr | |
| 1009 | 1-bed | 1,010 sqft | AED 750KAED 750,222 · Jan 2017January 2017 | 50,000 /yr |
1007, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 10 January 2017 for AED 924,736, or AED 726 per sqft.
- Rented since December 2016 on 7 Ejari contracts, from AED 95,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 18,000 a year (AED 14.13 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 1,067 per sqft.
Source: Dubai Land Department. Updated 4 December 2024.
Questions about 1007, Le Presidium 2
What did unit 1007 last sell for?
AED 924,736 on 10 January 2017, sold by the developer: AED 726 per sqft for 1,274 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 65,000 a year on the contract signed on 4 December 2024. The previous contract, from December 2022, was AED 65,000; the unit has been rented since December 2016.
How big is unit 1007?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.
What is unit 1007 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 1,154 per sqft.
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Mortgage on 1007, Le Presidium 2
Starts from the last sale price (AED 925K, 10 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 924,736
- Deposit, UAE resident (20%)
- AED 184,947
- Deposit, non-resident (40%)
- AED 369,894
- Monthly over 25 years at 3.7%
- AED 3,783
Plus AED 43,848 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →