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Media

Construction Status

100%

Payment Plan

100%

Anticipated Completion Date

17-Oct-2016

100%

Description Milestone Event (%) Value
Down Payment Immediate 100%

Details

Title :

Le Presidium Tower 2

Type :

Free Hold

Project Number :

910

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Development :

Le Presidium Towers

Plot Number :

666-0

Project Configuration :

G+11+HC

Number Of Units :

99

Number Of Floor :

11

Plot Area :

N/A

Built Up Area :

18,108 Square Feet

Construction Status :

100%

Launch Date :

01-Nov-2008

Registration Date :

08-Nov-2008

Construction Started Date :

05-Oct-2008

Anticipated Completion Date :

17-Oct-2016

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

23-Aug-2016

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A





Description

Le Presidium Tower 2, Dubai – Detailed Property Description

Overview of Le Presidium Tower 2

Le Presidium Tower 2 is a completed residential building located in Dubai Silicon Oasis, Dubai. Developed by Credo Investments FZE, the tower forms part of the Le Presidium twin-tower development, which offers practical apartment living in an established community known for its residential neighborhoods, technology businesses, retail facilities, and everyday conveniences.

Designed to accommodate residents seeking comfort, accessibility, and functional living spaces, Le Presidium Tower 2 offers one-bedroom and two-bedroom apartments. The building combines a contemporary architectural appearance with residential amenities, including a swimming pool, gymnasium, recreational facilities, and underground parking. Its location in Dubai Silicon Oasis makes it a potential option for professionals, couples, small families, and property investors interested in Dubai's established residential market.

Unlike newly launched off-plan developments, Le Presidium Tower 2 is an existing residential property. Buyers and tenants can explore available apartments according to their preferred layouts, condition, views, and budget, subject to current market availability.

Location and Connectivity of Le Presidium Tower 2

One of the main advantages of Le Presidium Tower 2 is its location within Dubai Silicon Oasis, a well-established community that combines residential buildings, villa neighbourhoods, educational institutions, business facilities, and local retail outlets. The area is designed to support day-to-day living while providing access to other parts of Dubai through its road network.

Dubai Silicon Oasis appeals to people who prefer a community-oriented residential environment rather than living exclusively in Dubai's busiest commercial districts. Residents can access supermarkets, restaurants, cafés, schools, healthcare facilities, and shopping destinations in the surrounding area.

The tower is also positioned within an established residential setting, with Le Presidium Tower 2 facing the Semmer Villas community, according to published building information. This setting may appeal to residents who prefer a neighborhood outlook rather than a purely commercial cityscape.

Nearby Attractions and Everyday Conveniences

Residents can explore several destinations in and around Dubai Silicon Oasis, including:

  • Silicon Central Mall: A shopping destination serving the surrounding community.

  • Silicon Park: A local destination for outdoor recreation and community activities.

  • Dubai Silicon Oasis retail outlets: Shops, supermarkets, cafés, and restaurants for everyday needs.

  • Educational facilities: Schools and learning institutions serving families in the area.

  • Healthcare facilities: Medical centers and healthcare providers within the wider community.

The availability and accessibility of individual destinations may vary, so buyers and tenants should check current routes and travel times before making a decision.

Apartments at Le Presidium Tower 2

Le Presidium Tower 2 features one-bedroom and two-bedroom apartments designed for practical residential use. These configurations provide options for different household sizes, from individuals and couples to small families looking for additional living space.

One-Bedroom Apartments

The one-bedroom apartments are suited to professionals, couples, and individuals looking for a separate bedroom and a defined living area. Published building information indicates that some layouts feature balconies, fitted kitchens, and additional features such as a study area or guest bathroom, depending on the individual apartment.

The practical layout can support everyday routines, working from home, and entertaining guests. Buyers should compare the internal layout, natural light, storage, kitchen configuration, and balcony size of individual units before selecting an apartment.

Two-Bedroom Apartments

The two-bedroom apartments offer an additional bedroom that can accommodate children, visiting family members, or a home office. These homes may be suitable for small families and residents who need more flexibility than a one-bedroom apartment provides.

Published listings indicate that some two-bedroom units have closed kitchens and balconies. However, layouts, finishes, and views can differ between individual properties.

 

For prospective buyers, the condition of the apartment, renovation quality, usable floor area, and available parking should all be considered alongside the asking price.

Amenities and Facilities

Le Presidium Tower 2 offers a selection of residential facilities intended to support comfort, convenience, and recreation. The development's amenities make it suitable for people who value access to fitness and leisure facilities within their residential building.

Swimming Pool

The shared swimming pool provides a recreational space for residents to relax and enjoy leisure time without needing to travel to a separate facility.

Gymnasium

The building's gymnasium offers residents a convenient place to maintain their exercise routines. Having fitness facilities within the development can be particularly useful for busy professionals and residents with demanding schedules.

Recreational Facilities

The development includes recreational spaces designed to support leisure and social activities. Published building information also identifies facilities such as a recreation room and designated gathering areas.

Underground Parking

Secure underground parking is one of the building's practical features. Published building details indicate that resident parking is provided, although visitors may need to arrange parking separately. Buyers should confirm the allocated parking arrangements for their chosen apartment.

Elevators and Building Access

High-speed elevators serve the residential floors, supporting convenient movement throughout the building. The published building guide also identifies security monitoring and maintenance services among its facilities.

Additional Facilities

Other facilities reported in building guides include a sauna, steam room, Jacuzzi, children's play area, and daycare provision. Availability and operating arrangements should be confirmed with the building's management before relying on any specific facility.

Architectural Design and Residential Environment

Le Presidium Tower 2 features a contemporary residential design with a grey and beige exterior palette. The development was designed with input from the National Engineering Bureau, which served as the architectural consultant for the wider Le Presidium project.

The building's configuration comprises two basement levels, a ground floor, and 11 upper floors. This arrangement accommodates the residential apartments while providing space for building services and parking.

Inside the apartments, published descriptions identify features such as double-glazed windows and fitted kitchens in certain layouts. Since the building is completed, the interior condition may vary depending on maintenance, refurbishment, and previous ownership. Prospective residents should inspect individual units rather than assume that all apartments have identical finishes.

Why Consider Le Presidium Tower 2?

There are several reasons why Le Presidium Tower 2 may appeal to people searching for residential property in Dubai Silicon Oasis.

  • Established location: The tower is situated in a developed community with residential, commercial, educational, and retail facilities.

  • Practical apartment choices: One-bedroom and two-bedroom configurations cater to different household requirements.

  • On-site amenities: A swimming pool, gymnasium, and recreational facilities support everyday convenience.

  • Existing property: As a completed building, it allows buyers and tenants to assess the actual apartment and its condition before making a commitment.

  • Residential surroundings: Its outlook toward the Semmer Villas community may appeal to those who prefer a neighborhood setting.

  • Potential investment consideration: Investors can evaluate available resale apartments and rental opportunities using current asking prices, completed transactions, service charges, and comparable rental contracts.

These factors make Le Presidium Tower 2 worth considering for people comparing established apartment buildings in Dubai Silicon Oasis. The suitability of any purchase will depend on the individual unit, current market conditions, and the buyer's objectives.

Investment Potential of Le Presidium Tower 2

For property investors, Le Presidium Tower 2 offers an opportunity to assess an established residential asset rather than an off-plan property awaiting construction. The presence of one-bedroom and two-bedroom apartments provides options for investors targeting different tenant requirements.

Dubai Silicon Oasis attracts residents seeking access to local employment, education, shopping, and community facilities. These characteristics can support demand for residential accommodation, although actual rental performance depends on the apartment's size, condition, furnishing, price, and competition from other properties.

Before purchasing an apartment, investors should review:

  • Recent registered sale prices for comparable units.

  • Current rental listings and registered tenancy contracts.

  • Annual service charges and maintenance expenses.

  • Occupancy history and potential vacancy periods.

  • The apartment's condition and any refurbishment costs.

  • Title documentation, ownership terms, and applicable transaction fees.

A rental yield calculation should use a realistic annual rent and the full acquisition cost. Gross rental yield does not account for service charges, maintenance, vacancy, management fees, or other ownership expenses. For this reason, current figures should be verified before estimating investment returns.

Who Is Le Presidium Tower 2 Suitable For?

Le Presidium Tower 2 may suit several types of property seekers:

Professionals and individuals: One-bedroom apartments can offer a practical residential option within Dubai Silicon Oasis.

Couples and small families: One-bedroom and two-bedroom layouts provide different levels of space according to household needs.

Long-term tenants: The established community and access to everyday facilities may appeal to residents seeking a convenient place to live.

Property investors: Buyers can evaluate completed apartments for potential rental income or future resale, subject to market conditions and individual financial objectives.

Frequently Asked Questions About Le Presidium Tower 2, Dubai

1. Where is Le Presidium Tower 2 located?

Le Presidium Tower 2 is located in Dubai Silicon Oasis, Dubai, UAE, an established community offering residential properties, retail outlets, educational institutions, and business facilities.

2. Who is the developer of Le Presidium Tower 2?

Le Presidium Tower 2 was developed by Credo Investments FZE.

3. What types of apartments are available in Le Presidium Tower 2?

The building offers one-bedroom and two-bedroom apartments, catering to individuals, couples, and small families.

4. Is Le Presidium Tower 2 a completed project?

Yes, Le Presidium Tower 2 is a completed residential development, with published building records indicating completion in 2016.

5. What amenities are available at Le Presidium Tower 2?

Reported amenities include a swimming pool, gymnasium, recreational facilities, underground parking, elevators, and selected wellness facilities. Buyers and tenants should confirm the current availability of individual amenities with building management.

6. Does Le Presidium Tower 2 have parking facilities?

Yes, the building provides underground parking. The number of parking spaces allocated to an individual apartment should be verified before purchase or rental.

7. What views can residents enjoy from Le Presidium Tower 2?

Views depend on the apartment's floor, orientation, and position within the building. Some apartments may overlook the surrounding residential community, including the Semmer Villas area. Specific views should be confirmed for each unit.

8. Is Le Presidium Tower 2 suitable for families?

Yes, the building may suit small families because it offers two-bedroom apartments and access to community facilities in Dubai Silicon Oasis. Families should also consider nearby schools, healthcare services, and their daily commuting requirements.

9. Is Le Presidium Tower 2 a good investment?

It may be worth considering for investors interested in completed residential properties in Dubai Silicon Oasis. Investment performance depends on the purchase price, rental income, service charges, maintenance costs, and prevailing market conditions.

10. Is Le Presidium Tower 2 suitable for rental purposes?

The building may appeal to tenants seeking one-bedroom or two-bedroom apartments in Dubai Silicon Oasis. Rental availability and prices vary according to apartment size, furnishing, condition, and current market demand.

11. How many floors does Le Presidium Tower 2 have?

Published building information describes the tower as having two basement levels, a ground floor, and 11 upper floors.

12. What makes Le Presidium Tower 2 different from other residential buildings in Dubai Silicon Oasis?

Its key features include a completed residential setting, practical apartment configurations, on-site leisure facilities, underground parking, and access to the established Dubai Silicon Oasis community.

13. Is Le Presidium Tower 2 a freehold property?

The applicable ownership arrangement should be confirmed through the Dubai Land Department or the property's title documentation before purchasing, as ownership eligibility can depend on the specific property and buyer.

14. What should buyers check before purchasing an apartment in Le Presidium Tower 2?

Buyers should review the apartment's condition, floor area, layout, view, parking allocation, service charges, title documentation, recent comparable sales, and any planned maintenance or refurbishment requirements.



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