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Studio · 462 sqftPlatinum One, Arjan · 1st floor · completed 2013

118, Platinum One

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 637K4 June 2009
Current rentAED 55K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Platinum One

What is 118 worth today?

Last sold for AED 637,359 in 2009

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16 Dec 2025RentedNew contract
AED 55,200/yr12 months · AED 120 per sqft
3 Sep 2025RentedRenewal
AED 54,000/yr12 months · AED 117 per sqft
3 Sep 2024RentedRenewal
AED 50,400/yr12 months · AED 109 per sqft
3 Sep 2023RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 Sep 2022RentedRenewal
AED 39,600/yr12 months · AED 86 per sqft
1 Sep 2021RentedNew contract
AED 39,600/yr12 months · AED 86 per sqft
1 Sep 2020RentedNew contract
AED 39,600/yr12 months · AED 86 per sqft
25 Aug 2016RentedNew contract
AED 66,000/yr12 months · AED 143 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
1st of 8
Parking
B2-24
Developer
ACW Holding
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 637K · June 2009
Building
Platinum One

About 118, Platinum One

118 is a studio of 462 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 4 June 2009 for AED 637,359, or AED 1,380 per sqft, in line with the AED 1,382 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 16 December 2025, is AED 55,200 a year: a gross yield of 8.7% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for 118 over time

Sales
Unit 118, 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, June 2009: AED 637,359 (AED 1,380 per sqft)

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

Rents
Unit 118, 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, August 2016: AED 66,000 a yearNew contract, September 2020: AED 39,600 a yearNew contract, September 2021: AED 39,600 a yearRenewal, September 2022: AED 39,600 a yearNew contract, September 2023: AED 45,000 a yearRenewal, September 2024: AED 50,400 a yearRenewal, September 2025: AED 54,000 a yearNew contract, December 2025: AED 55,200 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 118 sits

All 219 studios →

118 last sold in June 2009 at AED 1,380 per sqft, in line with what studios in Platinum One were fetching at the time (AED 1,382). 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. 118's AED 55,200 is in the upper 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

118, Platinum One in numbers

  • Sold once: by ACW Holding on 4 June 2009 for AED 637,359, or AED 1,380 per sqft.
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 55,200 by December 2025.
  • At AED 55,200 a year the gross yield on the 2009 price is 8.7%, before a service charge of about AED 9,400 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 16 December 2025.

Questions about 118, Platinum One

What did unit 118 last sell for?

AED 637,359 on 4 June 2009, sold by the developer: AED 1,380 per sqft for 462 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 55,200 a year on the contract signed on 16 December 2025. The previous contract, from September 2025, was AED 54,000; the unit has been rented since August 2016.

How big is unit 118?

462 sqft (42.9 sqm): a studio on the 1st floor of a 8-storey tower completed in 2013.

What is unit 118 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 118, Platinum One

Starts from the last sale price (AED 637K, 4 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 637,359
Deposit, UAE resident (20%)
AED 127,472
Deposit, non-resident (40%)
AED 254,944
Monthly over 25 years at 3.7%
AED 2,608

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