Studio · 405 sqftPlatinum One, Arjan · 2nd floor · completed 2013

233, Platinum One

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 233 · DLD and Ejari recordsUpdated 3 February 2020
Last soldAED 324K27 November 2014
Current rentAED 47K /yr3 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 233, Platinum One

What is 233 worth today?

Last sold for AED 323,608 in 2014

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3 Feb 2020RentedRenewal
AED 47,400/yr12 months · AED 117 per sqft
3 Feb 2019RentedNew contract
AED 51,000/yr12 months · AED 126 per sqft
27 Nov 2014Sold by developerReady
AED 323,608AED 800 per sqft

Source: Dubai Land Department. Updated 3 February 2020.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
2nd of 8
Parking
B2-82
Developer
ACW Holding
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 324K · November 2014
Building
Platinum One

About 233, Platinum One

233 is a studio of 405 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 27 November 2014 for AED 323,608, or AED 800 per sqft, 4% above the AED 771 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 3 February 2020, is AED 47,400 a year: a gross yield of 14.6% on the 2014 price, before the service charge of about AED 8,300 a year.

Sales and rents for 233 over time

Sales
Unit 233, 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, November 2014: AED 323,608 (AED 800 per sqft)

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

Rents
Unit 233, 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, February 2019: AED 51,000 a yearRenewal, February 2020: AED 47,400 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 233 sits

All 219 studios →

233 last sold in November 2014 at AED 800 per sqft, 4% above what studios in Platinum One were fetching at the time (AED 771). 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. 233's AED 47,400 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

233, Platinum One in numbers

  • Sold once: by ACW Holding on 27 November 2014 for AED 323,608, or AED 800 per sqft.
  • Rented since February 2019 on 2 Ejari contracts, from AED 51,000 to AED 47,400 a year.
  • At AED 47,400 a year the gross yield on the 2014 price is 14.6%, before a service charge of about AED 8,300 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 February 2020.

Questions about 233, Platinum One

What did unit 233 last sell for?

AED 323,608 on 27 November 2014, sold by the developer: AED 800 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 233?

AED 47,400 a year on the contract renewed on 3 February 2020. The previous contract, from February 2019, was AED 51,000.

How big is unit 233?

405 sqft (37.6 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2013.

What is unit 233 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 233, Platinum One

Starts from the last sale price (AED 324K, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 323,608
Deposit, UAE resident (20%)
AED 64,722
Deposit, non-resident (40%)
AED 129,443
Monthly over 25 years at 3.7%
AED 1,324

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