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Studio · 520 sqftPlatinum One, Arjan · 2nd floor · completed 2013

241, Platinum One

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 241 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 334K18 November 2014
Current rentAED 42K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 241, Platinum One

What is 241 worth today?

Last sold for AED 334,051 in 2014

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1 Aug 2021RentedRenewal
AED 42,000/yr12 months · AED 81 per sqft
1 Jul 2020RentedNew contract
AED 42,000/yr13 months · AED 81 per sqft
18 Nov 2014Sold by developerReady
AED 334,051AED 642 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
2nd of 8
Parking
B2-90
Developer
ACW Holding
Completed
2013
Service charge
AED 10,600 /yr
Last sold
AED 334K · November 2014
Building
Platinum One

About 241, Platinum One

241 is a studio of 520 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 18 November 2014 for AED 334,051, or AED 642 per sqft, 17% below the AED 771 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 42,000 a year: a gross yield of 12.6% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 241 over time

Sales
Unit 241, 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 334,051 (AED 642 per sqft)

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

Rents
Unit 241, 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, July 2020: AED 42,000 a yearRenewal, August 2021: AED 42,000 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 241 sits

All 219 studios →

241 last sold in November 2014 at AED 642 per sqft, 17% below 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. 241's AED 42,000 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

241, Platinum One in numbers

  • Sold once: by ACW Holding on 18 November 2014 for AED 334,051, or AED 642 per sqft.
  • Rented since July 2020 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2014 price is 12.6%, before a service charge of about AED 10,600 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 1 August 2021.

Questions about 241, Platinum One

What did unit 241 last sell for?

AED 334,051 on 18 November 2014, sold by the developer: AED 642 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 241?

AED 42,000 a year on the contract renewed on 1 August 2021. The previous contract, from July 2020, was AED 42,000.

How big is unit 241?

520 sqft (48.3 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2013.

What is unit 241 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 241, Platinum One

Starts from the last sale price (AED 334K, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 334,051
Deposit, UAE resident (20%)
AED 66,810
Deposit, non-resident (40%)
AED 133,620
Monthly over 25 years at 3.7%
AED 1,367

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