706, Le Presidium 2
Sold prices and rental history: sold once, by the developer in November 2016, 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 706, Le Presidium 2
What is 706 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 7th of 11
- Parking
- B1-42
- Developer
- Credo Investments
- Completed
- 2016
- Service charge
- AED 12,900 /yr
- Last sold
- AED 725K · November 2016
- Building
- Le Presidium 2
About 706, Le Presidium 2
706 is a one-bedroom apartment of 912 sqft on the 7th floor of Le Presidium 2, a 11-storey tower in Dubai Silicon Oasis completed in 2016 by Credo Investments. The developer sold it on 27 November 2016 for AED 725,000, or AED 794 per sqft, 9% above the AED 731 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 59,000 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 12,900 a year.
Sales and rents for 706 over time
706 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 706 sits
All 71 1-beds →706 last sold in November 2016 at AED 794 per sqft, 9% above what one-beds in Le Presidium 2 were fetching at the time (AED 731). 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. 706's AED 59,000 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 7th floor
All 95 units in Le Presidium 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,009 sqft | AED 930KAED 930,000 · Jul 2024July 2024 | ||
| 702 | 1-bed | 724 sqft | AED 680KAED 680,000 · May 2025May 2025 | 44,875 /yr | |
| 703 | 2-bed | 1,280 sqft | AED 1.45MAED 1,450,000 · May 2025May 2025 | ||
| 704 | 1-bed | 912 sqft | AED 737KAED 736,592 · Dec 2016December 2016 | ||
| 705 | 1-bed | 906 sqft | AED 640KAED 640,000 · Nov 2016November 2016 | ||
| 707 | 2-bed | 1,274 sqft | AED 1.1MAED 1,100,000 · Nov 2016November 2016 | ||
| 708 | 724 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | 66,000 /yr | ||
| 709 | 1-bed | 1,010 sqft | AED 520KAED 520,000 · Dec 2020December 2020 |
706, Le Presidium 2 in numbers
- Sold once: by Credo Investments on 27 November 2016 for AED 725,000, or AED 794 per sqft.
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2020 and recovered to AED 59,000 by November 2024.
- At AED 59,000 a year the gross yield on the 2016 price is 8.1%, 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 10 November 2024.
Questions about 706, Le Presidium 2
What did unit 706 last sell for?
AED 725,000 on 27 November 2016, sold by the developer: AED 794 per sqft for 912 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 59,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 57,000; the unit has been rented since February 2017.
How big is unit 706?
912 sqft (84.7 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.
What is unit 706 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 706, Le Presidium 2
Starts from the last sale price (AED 725K, 27 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →