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Studio · 386 sqftPlatinum One, Arjan · 2nd floor · completed 2013

229, 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 229 · DLD and Ejari recordsUpdated 3 December 2025
Last soldAED 536K11 June 2009
Current rentAED 49K /yr3 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Platinum One

What is 229 worth today?

Last sold for AED 536,417 in 2009

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3 Dec 2025RentedRenewal
AED 49,200/yr12 months · AED 127 per sqft
3 Dec 2024RentedRenewal
AED 45,600/yr12 months · AED 118 per sqft
3 Dec 2023RentedRenewal
AED 41,400/yr12 months · AED 107 per sqft
3 Dec 2022RentedNew contract
AED 37,200/yr12 months · AED 96 per sqft
1 Sep 2021RentedNew contract
AED 34,800/yr12 months · AED 90 per sqft
20 Oct 2016RentedNew contract
AED 66,000/yr12 months · AED 171 per sqft
11 Jun 2009Sold by developerOff-plan
AED 536,417AED 1,389 per sqft

Source: Dubai Land Department. Updated 3 December 2025.

Key facts

Type
Studio apartment
Size
386 sqft
Floor
2nd of 8
Parking
B2-78
Developer
ACW Holding
Completed
2013
Service charge
AED 7,900 /yr
Last sold
AED 536K · June 2009
Building
Platinum One

About 229, Platinum One

229 is a studio of 386 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 11 June 2009 for AED 536,417, or AED 1,389 per sqft, in line with the AED 1,381 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 3 December 2025, is AED 49,200 a year: a gross yield of 9.2% on the 2009 price, before the service charge of about AED 7,900 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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 536,417 (AED 1,389 per sqft)

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

Rents
Unit 229, 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, October 2016: AED 66,000 a yearNew contract, September 2021: AED 34,800 a yearNew contract, December 2022: AED 37,200 a yearRenewal, December 2023: AED 41,400 a yearRenewal, December 2024: AED 45,600 a yearRenewal, December 2025: 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 229 sits

All 219 studios →

229 last sold in June 2009 at AED 1,389 per sqft, in line with what studios in Platinum One were fetching at the time (AED 1,381). 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. 229'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 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

229, Platinum One in numbers

  • Sold once: by ACW Holding on 11 June 2009 for AED 536,417, or AED 1,389 per sqft.
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 34,800 in 2021 and recovered to AED 49,200 by December 2025.
  • At AED 49,200 a year the gross yield on the 2009 price is 9.2%, before a service charge of about AED 7,900 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 3 December 2025.

Questions about 229, Platinum One

What did unit 229 last sell for?

AED 536,417 on 11 June 2009, sold by the developer: AED 1,389 per sqft for 386 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 49,200 a year on the contract renewed on 3 December 2025. The previous contract, from December 2024, was AED 45,600; the unit has been rented since October 2016.

How big is unit 229?

386 sqft (35.9 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2013.

What is unit 229 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 229, Platinum One

Starts from the last sale price (AED 536K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 536,417
Deposit, UAE resident (20%)
AED 107,283
Deposit, non-resident (40%)
AED 214,567
Monthly over 25 years at 3.7%
AED 2,195

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