Le Presidium 1, Dubai Silicon Oasis

HIGHLIGHTS

About Le Presidium 1, Dubai Silicon Oasis

Dubai Silicon Oasis is a bustling community housing multiple residential, recreational and commercial spaces. According to PropertyDigger and dubizzle'€™s Annual Sales Market Report for Dubai 2020, it is the third most popular areas to buy affordable apartments in the city. Amongst the many developments of Dubai Silicon Oasis stands Le Presidium 1, an 11-storey residential building. Developed by Credo Investments, the tower was completed in 2016. The tower is a part of Le Presidium which consists of Le Presidium 1 and Le Presidium 2.

Le Presidium 1 is a mid-rise building with two basement floors dedicated to parking and 11 residential floors. Interested buyers and tenants can find 1 and 2-bedroomapartment types with world-class amenities and retail options on the ground floor. Le Presidium 1, Silicon Oasis has a gymnasium, recreational room, a large lobby and an indoor swimming pool.

The 11-storey building is situated near Dubai '€“ Al Ain Road, close to Sheikh Zayed Bin Hamdan Al Nahyan Street and Sheikh Mohammed Bin Zayed Road. Zayed University, Dubai Men'€™s College and Hamdan Bin Mohammed Smart University can also be found near Le Presidium 1.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai Silicon Oasis (DSO)
  • Developer: Credo Investments
  • Date of completion: 2016
  • Number of floors: 11
  • Unit type: 1 and 2-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gym, indoor swimming pool and games room

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BUILDING DETAILS

Facilities in Le Presidium 1, Dubai Silicon Oasis

Parking

Two levels of basement parking in Le Presidium 1 are available for residents. Each unit gets at least one vehicle parking space. Guests and visitors can use paid street parking.

Elevators

There are multiple high-speed elevators in Le Presidium 1. 

Security, Central Air-Conditioning and Maintenance Services 

Le Presidium features 24-hour CCTV video surveillance for security. The building also has dedicated staff for regular maintenance and residents would have to pay yearly district cooling charges depending on their contract. The district supplier for Le Presidium 1 is Empower.

Gym and Fitness Facilities 

Fitness facilities include a state-of-the-art gym in Le Presidium 1 and an indoor swimming pool. 

Lifestyle Amenities

Entertainment wise, there is a landscaped garden, games room, steam room and Jacuzzi.

Concierge and Guest Services 

There is a large lobby in Le Presidium 1, DSO.

Pet-friendly

Le Presidium 1 is not a pet-friendly building. 

Apartment Types in Le Presidium 1 

Le Presidium 1 has 11 floors and offers 1-bed and 2-bed apartment types. Each residential unit enjoys a spacious layout with large bedrooms, attached bathrooms, large living rooms, open/closed-style kitchens, guest bathrooms and balconies. 

1-Bedroom Apartments in Le Presidium 1 

The 1-bedroom flats in Le Presidium 1 have covered areas ranging from 912 sq. ft. to 1,009 sq. ft. Each 1-bedroom unit comes with a semi-open kitchen, a large living room, a guest bathroom and a balcony. The master bedroom has an attached bathroom and built-in cabinets.

2-Bedroom Apartments in Le Presidium 1 

2-bedroom apartments in Le Presidium 1 have covered areas of 1,350 sq. ft. These flats have two bedrooms with attached bathrooms and wardrobes. Each unit also comes with a semi-closed style kitchen, a living area, a guest bathroom and a spacious balcony.

Most Popular Apartment Types in Le Presidium 1, Dubai Silicon Oasis

Based on searches conducted by users on PropertyDigger.com over the past 12 months

According to the searches on PropertyDigger, the most popular apartment types in Le Presidium 1 are the 2-bedroom apartments. 1-bedroom flats get the second place.

Rental Trends in Le Presidium 1 

You can rent apartments in Le Presidium 1 for AED 45k to AED 65k. The starting price for Dubai Silicon Oasis apartment for rent is AED 33k.

Sale Trends in Le Presidium 1 

Those interested in apartments for sale in Le Presidium 1 can expect to pay AED 760k to AED 950k. Similarly, Dubai Silicon Oasis apartments for sale are available starting from AED 410k.

Rental Yield in Le Presidium 1

Based on searches conducted by users on PropertyDigger.com over the past 12 months

The highest rate in return for Le Presidium 1 is offered by 1-bedroom apartments i.e. 6.8%.

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NEARBY AMENITIES

Transportation near Le Presidium 1

You can easily travel around the city as the residential building is located close to Dubai '€“ Al Ain Road and Sheikh Zayed Bin Hamdan Al Nahyan Street. Talking about public transportation near Le Presidium 1, one can find buses and taxis. 

Bus Stations near Le Presidium 1 

Silicon Oasis, RAK Bank Headquarter, Bus stop is a 5-minute walk from Le Presidium 1 where you will find Bus 320 and Bus X25. 

Metro Stations near Le Presidium 1

Rashidiya Metro Station served by the Red Line of Dubai Metro is a 14-minute drive away from Le Presidium 1, Dubai Silicon Oasis.

Restaurants near Le Presidium 1

Popular restaurants near Le Presidium 1 include:

  • Grills and More
  • Al Hamsani Restaurant
  • Al Araab Restaurant

There are multiple restaurants within walking distance of the building. Grills and More that offers fast food, Indian and Chinese cuisines is a short walk from the residential building. Al Hamsani '€“ Middle Eastern restaurant is a 5-minute walk from Le Presidium, Dubai Silicon Oasis. Another restaurant that serves Arabic cuisine is Al Araab Restaurant; it is best known for its Hookah and Chicken Shawarma.

You can also find a few casual dining restaurants at a 6-minute drive from the building. These include Taco Barrio, The Larder and Deli Sushi.

Little Bangkok, The Monk, Copper Kettle Restaurant and Tomato and Basilico Restaurant, some of the best restaurants in Dubai Silicon Oasis, are a 7-minute drive away from the building.

Fine-dining restaurants near Le Presidium 1 are:

  • Billionaire Mansions and Sumosan Dubai
  • Teatro 
  • Tresind Dubai 

Residents will find multiple fine-dining restaurants near the residential building. Tresind Dubai, which offers Indian cuisines is a 20-minute drive away from the residential building. Teatro, which serves Chinese cuisines and Billionaire Mansions and Sumosan, a Japanese restaurant can be found at a 21-minute drive away from Le Presidium 1, Dubai Silicon Oasis. 

Supermarkets near Le Presidium 1 

Supermarkets near Le Presidium 1 include:

  • Spring Green Park Supermarket
  • Naji Mini Mart
  • Time Plus Supermarket

You will find Spring Green Park Supermarket at a short walking distance. Walking for about 8 minutes will take you to Naji Mini Mart and Time Plus Supermarket.

What'€™s even better is that the best supermarkets in Dubai Silicon Oasis, including Choithrams, Al Maya Supermarket, Margo Supermarket, Plus Point Supermarket and Green Belt Supermarket are a 5-minute drive away.

NEARBY BUILDINGS

There are many residential buildings near Le Presidium 1 such as:

  • Nova Tower '€“ residential building
  • City Tower Building '€“ residential building
  • Dunes, DSO '€“ residential building

Le Presidium 1 is situated close to Nova Tower, City Tower Building and The Dunes.

Major Landmarks

Nearby landmarks include:

  • Global Village 
  • Dubai Outlet Mall 
  • IMG Worlds of Adventure 

Global Village is a 13-minute drive away from Le Presidium. It is one of the largest multi-cultural festival parks in the region with exciting shopping and dining options.  

Dubai Outlet Mall, the first outlet concept mall in the UAE, is a 14-minute drive away from the residential building. The mall has over 240 stores with 1,200 premium brands under one roof. Dubai Outlet Mall also has a variety of food and beverage shops.

Then there is IMG Worlds of Adventure, the world'€™s largest temperature-controlled indoor amusement park. Situated at a 17-minute drive away from the residential tower, the amusement park offers a wide range of rides, dining and retail options.

THINGS TO CONSIDER

Le Presidium 1 is part of the Le Presidium complex in Dubai Silicon Oasis. While the building has fantastic amenities in proximity, it might be a bit inconvenient for those relying on the Dubai Metro.

Are you looking to buy or rent apartments in Le Presidium 1?