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Studio · 494 sqftPlatinum One, Arjan · 1st floor · completed 2013

109, Platinum One

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 566K13 October 2010
Current rentAED 49K /yr14 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Platinum One

What is 109 worth today?

Last sold for AED 565,898 in 2010

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14 Jun 2024RentedRenewal
AED 49,200/yr12 months · AED 100 per sqft
14 Jun 2023RentedRenewal
AED 46,200/yr12 months · AED 94 per sqft
14 Jun 2022RentedRenewal
AED 39,600/yr12 months · AED 80 per sqft
14 Jun 2021RentedRenewal
AED 39,600/yr12 months · AED 80 per sqft
14 Jun 2020RentedNew contract
AED 39,600/yr12 months · AED 80 per sqft
2 Sep 2016RentedNew contract
AED 72,000/yr12 months · AED 146 per sqft
13 Oct 2010Sold by developerOff-plan
AED 565,898AED 1,146 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
1st of 8
Parking
B2-15
Developer
ACW Holding
Completed
2013
Service charge
AED 10,100 /yr
Last sold
AED 566K · October 2010
Building
Platinum One

About 109, Platinum One

109 is a studio of 494 sqft on the 1st floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 13 October 2010 for AED 565,898, or AED 1,146 per sqft, 13% below the AED 1,318 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 14 June 2024, is AED 49,200 a year: a gross yield of 8.7% on the 2010 price, before the service charge of about AED 10,100 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Platinum One
200K400K600K2009201420192024Typical sale price by year: 2009 AED 597,932; 2010 AED 609,273; 2014 AED 328,176; 2015 AED 609,273; 2016 AED 325,585; 2017 AED 300,000; 2019 AED 250,000; 2023 AED 233,500; 2024 AED 252,500; 2025 AED 271,987; 2026 AED 297,772Sold by developer, October 2010: AED 565,898 (AED 1,146 per sqft)

109 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 109, each contractTypical studio in Platinum One
40K60K2014201820222026Typical rent by year: 2014 AED 65,940; 2015 AED 71,940; 2016 AED 68,400; 2017 AED 66,000; 2018 AED 59,400; 2019 AED 51,000; 2020 AED 39,600; 2021 AED 39,600; 2022 AED 39,600; 2023 AED 45,000; 2024 AED 49,200; 2025 AED 52,800; 2026 AED 54,000New contract, September 2016: AED 72,000 a yearNew contract, June 2020: AED 39,600 a yearRenewal, June 2021: AED 39,600 a yearRenewal, June 2022: AED 39,600 a yearRenewal, June 2023: AED 46,200 a yearRenewal, June 2024: AED 49,200 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Platinum One, and where 109 sits

All 219 studios →

109 last sold in October 2010 at AED 1,146 per sqft, 13% below what studios in Platinum One were fetching at the time (AED 1,318). Over the last 12 months studios sold for AED 260,000 to 338,798, around AED 664 per sqft, and rent for AED 37,800 to 68,400 a year. 109's AED 49,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026338,798
4 Jul 2026272,543
3 Jun 2026260,000
13 Jan 2026323,000
4 studio sales in the last 12 months

Platinum One

Building

279 apartments, studios to 2-bed over 8 floors in Arjan, completed in 2013 by ACW Holding. 5 sold in the last 12 months.

Typical price per sqft
AED 673
Typical sale
AED 323K
Typical rent
AED 54K /yr
Typical yield
17.0%
Platinum One, Arjan: prices, sales and rents →

Other units on the 1st floor

All 279 units in Platinum One
Value
1011-bedAED 572K · Sep 2010
102StudioAED 568K · Jun 2009
103StudioAED 568K · Jun 2009
104StudioAED 234K · Jun 2023
105StudioAED 565K · Jun 2009
1061-bedAED 830K · Sep 2010
107StudioAED 583K · Jul 2009
1–7 of 42

109, Platinum One in numbers

  • Sold once: by ACW Holding on 13 October 2010 for AED 565,898, or AED 1,146 per sqft.
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 72,000 to AED 39,600 in 2022 and recovered to AED 49,200 by June 2024.
  • At AED 49,200 a year the gross yield on the 2010 price is 8.7%, before a service charge of about AED 10,100 a year (AED 20.43 per sqft).
  • Studios in Platinum One sold for AED 260,000–338,798 in the 12 months to November 2026; the building's median across all types is AED 673 per sqft.

Source: Dubai Land Department. Updated 14 June 2024.

Questions about 109, Platinum One

What did unit 109 last sell for?

AED 565,898 on 13 October 2010, sold by the developer: AED 1,146 per sqft for 494 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 49,200 a year on the contract renewed on 14 June 2024. The previous contract, from June 2023, was AED 46,200; the unit has been rented since September 2016.

How big is unit 109?

494 sqft (45.9 sqm): a studio on the 1st floor of a 8-storey tower completed in 2013.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Platinum One sold for AED 260,000 to 338,798 in the last 12 months, around AED 664 per sqft.

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Mortgage on 109, Platinum One

Starts from the last sale price (AED 566K, 13 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 565,898
Deposit, UAE resident (20%)
AED 113,180
Deposit, non-resident (40%)
AED 226,359
Monthly over 25 years at 3.7%
AED 2,315

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →