302, Le Presidium 2
Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Le Presidium 2
What is 302 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 3rd of 11
- Parking
- B2-88
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 310K · April 2017
- Building
- Le Presidium 2
About 302, Le Presidium 2
302 is a one-bedroom apartment of 724 sqft on the 3rd floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 19 April 2017 for AED 310,000, or AED 428 per sqft, 44% below the AED 765 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 December 2024, is AED 49,500 a year: a gross yield of 16.0% on the 2017 price, before the service charge of about AED 10,200 a year.
Sales and rents for 302 over time
302 has sold once; 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 2, and where 302 sits
All 71 1-beds →302 last sold in April 2017 at AED 428 per sqft, 44% below what one-beds in Le Presidium 2 were fetching at the time (AED 765). 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. 302's AED 49,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202520 May 2025 | 724 sqft | 655,000 | 904 | ||
| 13 May 202513 May 2025 | 724 sqft | 730,000 | 1,008 | ||
| 1 May 20251 May 2025 | 724 sqft | 680,000 | 939 | ||
| 26 Feb 202526 February 2025 | 912 sqft | 690,000 | 756 |
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 3rd floor
All 95 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,009 sqft | AED 770KAED 770,000 · Oct 2018October 2018 | 60,000 /yr | |
| 303 | 2-bed | 1,280 sqft | AED 1.15MAED 1,150,000 · Aug 2017August 2017 | 90,000 /yr | |
| 304 | 1-bed | 912 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 65,000 /yr | |
| 305 | 1-bed | 906 sqft | AED 715KAED 715,000 · Mar 2018March 2018 | 63,000 /yr | |
| 306 | 1-bed | 912 sqft | AED 655KAED 655,000 · Sep 2023September 2023 | 60,000 /yr | |
| 307 | 2-bed | 1,274 sqft | AED 1.17MAED 1,170,000 · Feb 2024February 2024 | 66,000 /yr | |
| 308 | 1-bed | 724 sqft | AED 610KAED 610,000 · May 2017May 2017 | 49,000 /yr | |
| 309 | 1-bed | 1,010 sqft | AED 650KAED 650,000 · Jun 2021June 2021 |
302, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 19 April 2017 for AED 310,000, or AED 428 per sqft.
- Rented since December 2022 on 2 Ejari contracts, from AED 45,000 to AED 49,500 a year.
- At AED 49,500 a year the gross yield on the 2017 price is 16.0%, before a service charge of about AED 10,200 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 16 December 2024.
Questions about 302, Le Presidium 2
What did unit 302 last sell for?
AED 310,000 on 19 April 2017, sold by the developer: AED 428 per sqft for 724 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 49,500 a year on the contract signed on 16 December 2024. The previous contract, from December 2022, was AED 45,000.
How big is unit 302?
724 sqft (67.3 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 302 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 302, Le Presidium 2
Starts from the last sale price (AED 310K, 19 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →