PropertyIndex

Le Presidium

Completed · Q3 2016|200 units · 2 buildings

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Le Presidium is a completed apartment development by CREDO INVESTMENTS F Z E in Silicon Oasis, Nadd Hessa, comprising 200 registered units. 351 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,074 per sqft. At AED 1,074 per sqft, Le Presidium prices 19% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.

PIX© price · 10.6% YoY
1.06MAED
Typical
1,074AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
351
DLD · all time
Rent contracts
1,032
Ejari · all time
Le Presidium

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
724 – 1,514 sqft
2001.06M1,07410.6%68K6.5%
Residential
1 Bed · Apartment
724 – 1,010 sqft
154
2 Bed · Apartment
1,274 – 1,280 sqft
44
Commercial
Shop
922 – 1,514 sqft
2
Sales — Project-Wide351 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
1 Jul 20262 BedTower 1 · Floor 61,2741,500,0001,178+49.6%StandardDevelopment Sale
25 Jun 20261 BedTower 2 · Floor 11906950,0001,048+32.9%StandardStandard Sale
5 Jun 20262 BedTower 2 · Floor 81,2801,470,0001,148StandardDevelopment Registration
Rentals — Project-Wide1,032 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 217 rentals
Floors 1-8 · 133 rentals
Floors 9-11 · 84 rentals
Tower 2 · 110 rentals
Floors 1-8 · 67 rentals
Floors 9-11 · 43 rentals
Tower 1 · 107 rentals
Floors 1-8 · 66 rentals
Floors 9-11 · 41 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
22 Aug 20262 Bed1,27482,00064Standardrenewal
10 Aug 20261 BedTower 2 · Floor 391258,00064-3.3%Entry Levelnew
1 Aug 20261 BedTower 1 · Floor 111,00965,80065+9.7%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Silicon Oasis

The closest-priced registered projects in Silicon Oasis.

Common questions about Le Presidium

Answered from Dubai Land Department registered transactions.

How much does a property in Le Presidium cost?

Property in Le Presidium sells at a current PIX© price of AED 1,074 per sqft, or about AED 1,060,316 for a typical unit, based on 351 sales registered with the Dubai Land Department.

Is Le Presidium completed?

Yes. Le Presidium is recorded as completed in the Dubai Land Department project register (completed q3 2016).

Who is the developer of Le Presidium?

Le Presidium is developed by CREDO INVESTMENTS F Z E, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Le Presidium?

Le Presidium yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,032 registered Ejari contracts.

How many units are in Le Presidium?

Le Presidium holds 200 registered units, per the Dubai Land Department unit register.

Have prices in Le Presidium gone up or down?

Price per sqft has risen +10.6% over the last 12 months, to AED 1,074, across 351 registered sales.