1-bed · 724 sqftLe Presidium 2, Dubai Silicon Oasis · 7th floor · completed 2016

702, Le Presidium 2

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 680K1 May 2025
Current rentAED 45K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Le Presidium 2

What is 702 worth today?

Last sold for AED 680,000 in 2025

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1 May 2025SoldReady
AED 680,000AED 939 per sqft
1 Jun 2023RentedNew contract
AED 44,875/yr12 months · AED 62 per sqft
17 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 49 per sqft
25 Dec 2020RentedRenewal
AED 34,000/yr12 months · AED 47 per sqft
25 Dec 2019RentedRenewal
AED 43,000/yr12 months · AED 60 per sqft
25 Dec 2018RentedRenewal
AED 50,000/yr12 months · AED 69 per sqft
16 Feb 2017SoldReady
AED 635,000AED 877 per sqft
20 Jan 2016Sold by developerOff-plan
AED 358,711AED 495 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
7th of 11
Parking
B1-47
Developer
Credo Investments
Completed
2016
Service charge
AED 10,200 /yr
Last sold
AED 680K · May 2025

About 702, Le Presidium 2

702 is a one-bedroom apartment of 724 sqft on the 7th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. It last sold on 1 May 2025 for AED 680,000, or AED 939 per sqft, in line with the AED 927 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 June 2023, is AED 44,875 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 10,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Le Presidium 2
500K750K2015201820212024Typical 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, January 2016: AED 358,711 (AED 495 per sqft)Sold, February 2017: AED 635,000 (AED 877 per sqft)Sold, May 2025: AED 680,000 (AED 939 per sqft)

702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, 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 56,000Renewal, December 2018: AED 50,000 a yearRenewal, December 2019: AED 43,000 a yearRenewal, December 2020: AED 34,000 a yearNew contract, March 2022: AED 35,000 a yearNew contract, June 2023: AED 44,875 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 702 sits

All 71 1-beds →

702 last sold in May 2025 at AED 939 per sqft, in line with what one-beds in Le Presidium 2 were fetching at the time (AED 927). 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. 702's AED 44,875 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2025655,000
13 May 2025730,000
26 Feb 2025690,000
24 Feb 2025980,000
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 7th floor

All 95 units in Le Presidium 2
Value
7011-bedAED 930K · Jul 2024
7032-bedAED 1.45M · May 2025
7041-bedAED 737K · Dec 2016
7051-bedAED 640K · Nov 2016
7061-bedAED 725K · Nov 2016
7072-bedAED 1.1M · Nov 2016
708AED 650K · Sep 2025
1–7 of 8

702, Le Presidium 2 in numbers

  • Sold 3 times: first on 20 January 2016 for AED 358,711, last on 1 May 2025 for AED 680,000 (AED 939 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2020 and recovered to AED 44,875 by June 2023.
  • At AED 44,875 a year the gross yield on the 2025 price is 6.6%, 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 May 2025.

Questions about 702, Le Presidium 2

What did unit 702 last sell for?

AED 680,000 on 1 May 2025: AED 939 per sqft for 724 sqft. The unit has 3 registered sales; the first was AED 358,711 in January 2016.

What is the rent for unit 702?

AED 44,875 a year on the contract signed on 1 June 2023. The previous contract, from March 2022, was AED 35,000; the unit has been rented since December 2018.

How big is unit 702?

724 sqft (67.3 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 702 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 702, Le Presidium 2

Starts from the last sale price (AED 680K, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →