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1-bed · 532 sqftPlatinum One, Arjan · 2nd floor · completed 2013

223, Platinum One

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

Unit 223 · DLD and Ejari recordsUpdated 3 August 2016
Last soldAED 735K16 June 2009
Current rentAED 90K /yr3 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 223, Platinum One

What is 223 worth today?

Last sold for AED 734,959 in 2009

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3 Aug 2016RentedNew contract
AED 90,000/yr12 months · AED 169 per sqft
1 Jul 2016RentedNew contract
AED 85,000/yr12 months · AED 160 per sqft
16 Jun 2009Sold by developerOff-plan
AED 734,959AED 1,381 per sqft

Source: Dubai Land Department. Updated 3 August 2016.

Key facts

Type
1-bed apartment
Size
532 sqft
Floor
2nd of 8
Parking
B2-72
Developer
ACW Holding
Completed
2013
Service charge
AED 10,900 /yr
Last sold
AED 735K · June 2009
Building
Platinum One

About 223, Platinum One

223 is a one-bedroom apartment of 532 sqft on the 2nd floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 16 June 2009 for AED 734,959, or AED 1,381 per sqft, in line with the AED 1,365 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 3 August 2016, is AED 90,000 a year: a gross yield of 12.3% on the 2009 price, before the service charge of about AED 10,900 a year.

Sales and rents for 223 over time

Sales
Unit 223, each saleTypical one-bed in Platinum One
600K800K20092011201320152017Typical sale price by year: 2009 AED 752,847; 2010 AED 680,074; 2014 AED 473,573; 2015 AED 752,847; 2016 AED 475,122Sold by developer, June 2009: AED 734,959 (AED 1,381 per sqft)

223 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 223, each contractTypical one-bed in Platinum One
50K75K100K2014201820222026Typical rent by year: 2014 AED 102,000; 2015 AED 78,000; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 74,700; 2019 AED 65,700; 2020 AED 51,000; 2021 AED 47,516; 2022 AED 49,200; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 60,000New contract, July 2016: AED 85,000 a yearNew contract, August 2016: AED 90,000 a year

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

1-beds in Platinum One, and where 223 sits

All 57 1-beds →

223 last sold in June 2009 at AED 1,381 per sqft, in line with what one-beds in Platinum One were fetching at the time (AED 1,365). Over the last 12 months one-beds sold for AED 710,000, around AED 938 per sqft, and rent for AED 39,600 to 78,000 a year. 223's AED 90,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jul 2026710,000
17 Apr 2025396,000
16 Jan 2025260,000
7 Nov 2023297,400
1 1-bed sale 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 2nd floor

All 279 units in Platinum One
Value
2011-bedAED 260K · Jan 2025
202StudioAED 320K · Nov 2014
203StudioAED 240K · Jul 2019
204StudioAED 548K · Jun 2009
205StudioAED 234K · Jun 2023
2061-bedAED 476K · Oct 2016
207StudioAED 652K · Jun 2009
1–7 of 41

223, Platinum One in numbers

  • Sold once: by ACW Holding on 16 June 2009 for AED 734,959, or AED 1,381 per sqft.
  • Rented since July 2016 on 2 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2009 price is 12.3%, before a service charge of about AED 10,900 a year (AED 20.43 per sqft).
  • One-beds in Platinum One sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 673 per sqft.

Source: Dubai Land Department. Updated 3 August 2016.

Questions about 223, Platinum One

What did unit 223 last sell for?

AED 734,959 on 16 June 2009, sold by the developer: AED 1,381 per sqft for 532 sqft. It is the only registered sale of the unit.

What is the rent for unit 223?

AED 90,000 a year on the contract signed on 3 August 2016. The previous contract, from July 2016, was AED 85,000.

How big is unit 223?

532 sqft (49.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2013.

What is unit 223 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Platinum One sold for AED 710,000 to 710,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on 223, Platinum One

Starts from the last sale price (AED 735K, 16 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 734,959
Deposit, UAE resident (20%)
AED 146,992
Deposit, non-resident (40%)
AED 293,984
Monthly over 25 years at 3.7%
AED 3,007

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