602, Le Presidium 2
Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Le Presidium 2
What is 602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 6th of 11
- Parking
- B2-72
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 10,200 /yr
- Last sold
- AED 415K · March 2021
- Building
- Le Presidium 2
About 602, Le Presidium 2
602 is a one-bedroom apartment of 724 sqft on the 6th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 10 March 2021 for AED 415,000, or AED 573 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 August 2021, is AED 35,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 10,200 a year.
Sales and rents for 602 over time
602 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 602 sits
All 71 1-beds →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. 602's AED 35,000 is at the bottom 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 6th floor
All 95 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 1,009 sqft | AED 763KAED 762,830 · Nov 2016November 2016 | ||
| 603 | 2-bed | 1,280 sqft | AED 1MAED 1,000,272 · Oct 2016October 2016 | ||
| 604 | 1-bed | 912 sqft | AED 668KAED 667,537 · Sep 2016September 2016 | 72,000 /yr | |
| 605 | 1-bed | 906 sqft | AED 663KAED 662,556 · Sep 2016September 2016 | ||
| 606 | 1-bed | 912 sqft | AED 668KAED 667,537 · Aug 2016August 2016 | 43,000 /yr | |
| 607 | 2-bed | 1,274 sqft | AED 1.09MAED 1,085,000 · Jul 2018July 2018 | ||
| 608 | 1-bed | 724 sqft | AED 495KAED 495,221 · Oct 2016October 2016 | 54,000 /yr | |
| 609 | 1-bed | 1,010 sqft | AED 763KAED 762,831 · Oct 2016October 2016 |
602, Le Presidium 2 in numbers
- Sold twice: first on 2 January 2017 for AED 531,831, last on 10 March 2021 for AED 415,000 (AED 573 per sqft).
- Rented since January 2017 on 5 Ejari contracts, from AED 58,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2021 price is 8.4%, 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 1 August 2021.
Questions about 602, Le Presidium 2
What did unit 602 last sell for?
AED 415,000 on 10 March 2021: AED 573 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 531,831 in January 2017.
What is the rent for unit 602?
AED 35,000 a year on the contract signed on 1 August 2021. The previous contract, from July 2020, was AED 35,000; the unit has been rented since January 2017.
How big is unit 602?
724 sqft (67.3 sqm): a one-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.
What is unit 602 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.
Selling 602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 602, Le Presidium 2
Starts from the last sale price (AED 415K, 10 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →