1-bed · 912 sqftLe Presidium 2, Dubai Silicon Oasis · 11th floor · completed 2016

1104, Le Presidium 2

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 750K18 July 2018
Current rentAED 57K /yr18 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Le Presidium 2

What is 1104 worth today?

Last sold for AED 750,000 in 2018

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18 Feb 2025RentedRenewal
AED 57,000/yr12 months · AED 62 per sqft
18 Feb 2023RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
18 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 47 per sqft
16 Jan 2021RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
16 Jul 2020RentedNew contract
AED 52,000/yr6 months · AED 57 per sqft
16 Feb 2019RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
18 Jul 2018Sold by developerReady
AED 750,000AED 822 per sqft
16 Feb 2017RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 18 February 2025.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
11th of 11
Parking
B1-91 , B1-110
Developer
Credo Investments
Completed
2016
Service charge
AED 12,900 /yr
Last sold
AED 750K · July 2018

About 1104, Le Presidium 2

1104 is a one-bedroom apartment of 912 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 750,000, or AED 822 per sqft, in line with the AED 822 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 18 February 2025, is AED 57,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 12,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in Le Presidium 2
600K800K2015201820212024Typical sale price by year: 2015 AED 514,516; 2016 AED 667,537; 2017 AED 631,000; 2018 AED 715,000; 2019 AED 590,000; 2021 AED 615,000; 2022 AED 680,000; 2023 AED 581,000; 2024 AED 835,000; 2025 AED 710,000Sold by developer, July 2018: AED 750,000 (AED 822 per sqft)

1104 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Le Presidium 2
40K60K2016201920222025Typical rent by year: 2016 AED 67,818; 2017 AED 65,000; 2018 AED 60,899; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 47,000; 2024 AED 50,000; 2025 AED 55,000; 2026 AED 56,000New contract, February 2017: AED 68,000 a yearRenewal, February 2019: AED 58,000 a yearNew contract, July 2020: AED 52,000 a yearRenewal, January 2021: AED 45,000 a yearNew contract, February 2022: AED 43,000 a yearRenewal, February 2023: AED 50,000 a yearRenewal, February 2025: AED 57,000 a year

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 2, and where 1104 sits

All 71 1-beds →

1104 last sold in July 2018 at AED 822 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 822). Over the last 12 months one-beds sold for AED 710,000, around AED 980 per sqft, and rent for AED 48,000 to 75,000 a year. 1104's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2025655,000
13 May 2025730,000
1 May 2025680,000
26 Feb 2025690,000
1 1-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
11032-bedAED 1.25M · Jul 2018
11051-bedAED 715K · Oct 2018
11072-bedAED 1.2M · Jul 2018
11091-bedAED 990K · Dec 2024

1104, Le Presidium 2 in numbers

  • Sold once: by Credo Investments on 18 July 2018 for AED 750,000, or AED 822 per sqft.
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 43,000 in 2022 and recovered to AED 57,000 by February 2025.
  • At AED 57,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 12,900 a year (AED 14.13 per sqft).
  • One-beds in Le Presidium 2 sold for AED 710,000–710,000 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 18 February 2025.

Questions about 1104, Le Presidium 2

What did unit 1104 last sell for?

AED 750,000 on 18 July 2018, sold by the developer: AED 822 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 57,000 a year on the contract renewed on 18 February 2025. The previous contract, from February 2023, was AED 50,000; the unit has been rented since February 2017.

How big is unit 1104?

912 sqft (84.7 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2016.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Le Presidium 2 sold for AED 710,000 to 710,000 in the last 12 months, around AED 980 per sqft.

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Mortgage on 1104, Le Presidium 2

Starts from the last sale price (AED 750K, 18 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →