2-bed · 1,280 sqftLe Presidium 2, Dubai Silicon Oasis · 11th floor · completed 2016

1103, Le Presidium 2

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 1.25M18 July 2018
Current rentAED 100K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Le Presidium 2

What is 1103 worth today?

Last sold for AED 1,245,000 in 2018

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20 Apr 2025RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
1 Apr 2024RentedRenewal
AED 70,675/yr12 months · AED 55 per sqft
1 Apr 2023RentedRenewal
AED 66,675/yr12 months · AED 52 per sqft
1 Apr 2022RentedRenewal
AED 63,500/yr12 months · AED 50 per sqft
1 Apr 2021RentedRenewal
AED 62,000/yr12 months · AED 48 per sqft
1 Apr 2020RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
18 Jul 2018Sold by developerReady
AED 1,245,000AED 972 per sqft
10 Feb 2018RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Floor
11th of 11
Parking
B1-88 , B1-108
Developer
Credo Investments
Completed
2016
Service charge
AED 18,100 /yr
Last sold
AED 1.25M · July 2018

About 1103, Le Presidium 2

1103 is a two-bedroom apartment of 1,280 sqft on the 11th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 18 July 2018 for AED 1,245,000, or AED 972 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 20 April 2025, is AED 100,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in Le Presidium 2
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,572,864; 2016 AED 997,636; 2017 AED 924,736; 2018 AED 1,200,000; 2024 AED 1,170,000Sold by developer, July 2018: AED 1,245,000 (AED 972 per sqft)

1103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Le Presidium 2
60K80K100K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 89,000; 2018 AED 83,000; 2019 AED 76,500; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 63,250; 2023 AED 66,000; 2024 AED 65,000; 2025 AED 91,000Renewal, February 2018: AED 90,000 a yearNew contract, February 2018: AED 90,000 a yearRenewal, April 2020: AED 74,000 a yearRenewal, April 2021: AED 62,000 a yearRenewal, April 2022: AED 63,500 a yearRenewal, April 2023: AED 66,675 a yearRenewal, April 2024: AED 70,675 a yearNew contract, April 2025: AED 100,000 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 2, and where 1103 sits

All 20 2-beds →

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 salesUnit no.Price (AED)Summary
7 May 20251,450,000
25 Oct 20241,300,000
28 Jun 20241,260,000
20 Jun 20241,170,000
1 2-bed sale in the last 12 months

Le Presidium 2

Building

95 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%
Le Presidium 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 11th floor

All 95 units in Le Presidium 2
Value
11011-bedAED 950K · Oct 2024
11041-bedAED 750K · Jul 2018
11051-bedAED 715K · Oct 2018
11072-bedAED 1.2M · Jul 2018
11091-bedAED 990K · Dec 2024

1103, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 18 July 2018 for AED 1,245,000, or AED 972 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 62,000 in 2021 and recovered to AED 100,000 by April 2025.
  • At AED 100,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 18,100 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: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.

Questions about 1103, Le Presidium 2

What did unit 1103 last sell for?

AED 1,245,000 on 18 July 2018, sold by the developer: AED 972 per sqft for 1,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 100,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2024, was AED 70,675; the unit has been rented since February 2018.

How big is unit 1103?

1,280 sqft (118.9 sqm): a two-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.

What is unit 1103 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 1103, Le Presidium 2

Starts from the last sale price (AED 1.25M, 18 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,000
Deposit, UAE resident (20%)
AED 249,000
Deposit, non-resident (40%)
AED 498,000
Monthly over 25 years at 3.7%
AED 5,094

Plus AED 57,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →