501, Le Presidium 2
Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Le Presidium 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 17 March 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 11
- Parking
- B2-114
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 14,300 /yr
- Last sold
- AED 650K · March 2021
- Building
- Le Presidium 2
About 501, Le Presidium 2
501 is a one-bedroom apartment of 1,009 sqft on the 5th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 17 March 2021 for AED 650,000, or AED 643 per sqft, 12% above the AED 573 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 71 1-beds →501 last sold in March 2021 at AED 643 per sqft, 12% above what one-beds in Le Presidium 2 were fetching at the time (AED 573). 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.
| 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 5th floor
All 95 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 724 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 34,000 /yr | |
| 503 | 2-bed | 1,280 sqft | AED 1.06MAED 1,060,000 · Oct 2023October 2023 | 66,169 /yr | |
| 504 | 1-bed | 912 sqft | AED 710KAED 710,000 · May 2024May 2024 | ||
| 505 | 1-bed | 906 sqft | AED 617KAED 616,862 · Dec 2015December 2015 | 50,935 /yr | |
| 506 | 1-bed | 912 sqft | AED 622KAED 621,500 · Dec 2015December 2015 | 50,935 /yr | |
| 507 | 2-bed | 1,274 sqft | AED 1MAED 1,000,272 · Aug 2016August 2016 | ||
| 508 | 1-bed | 724 sqft | AED 587KAED 586,928 · Nov 2016November 2016 | 48,000 /yr | |
| 509 | 1-bed | 1,010 sqft | AED 615KAED 615,000 · Nov 2021November 2021 | 55,000 /yr |
501, Le Presidium 2 in numbers
- Sold twice: first on 6 December 2016 for AED 394,568, last on 17 March 2021 for AED 650,000 (AED 643 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 17 March 2021.
Questions about 501, Le Presidium 2
What did unit 501 last sell for?
AED 650,000 on 17 March 2021: AED 643 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 394,568 in December 2016.
How big is unit 501?
1,009 sqft (93.7 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 501 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 501, Le Presidium 2
Starts from the last sale price (AED 650K, 17 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →