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Studio · 606 sqftPlatinum One, Arjan · 3rd floor · completed 2013

342, Platinum One

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 342 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 685K5 July 2011
Current rentAED 53K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 342, Platinum One

What is 342 worth today?

Last sold for AED 684,820 in 2011

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1 Mar 2025RentedRenewal
AED 53,400/yr12 months · AED 88 per sqft
1 Mar 2025RentedRenewal
AED 53,400/yr12 months · AED 88 per sqft
1 Mar 2024RentedNew contract
AED 50,400/yr12 months · AED 83 per sqft
22 Feb 2023RentedRenewal
AED 46,200/yr12 months · AED 76 per sqft
22 Feb 2022RentedNew contract
AED 45,000/yr12 months · AED 74 per sqft
18 Feb 2021RentedNew contract
AED 21,000/yr24 months · AED 35 per sqft
1 Jul 2017RentedNew contract
AED 72,000/yr12 months · AED 119 per sqft
25 Jun 2016RentedNew contract
AED 72,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
606 sqft
Floor
3rd of 8
Parking
B2-135
Developer
ACW Holding
Completed
2013
Service charge
AED 12,400 /yr
Last sold
AED 685K · July 2011
Building
Platinum One

About 342, Platinum One

342 is a studio of 606 sqft on the 3rd floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 5 July 2011 for AED 684,820, or AED 1,130 per sqft, 12% below the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 53,400 a year: a gross yield of 7.8% on the 2011 price, before the service charge of about AED 12,400 a year.

Sales and rents for 342 over time

Sales
Unit 342, each saleTypical studio in Platinum One
250K500K750K2009201420192024Typical 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, July 2011: AED 684,820 (AED 1,130 per sqft)

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

Rents
Unit 342, each contractTypical studio in Platinum One
25K50K75K2014201820222026Typical 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, June 2016: AED 72,000 a yearNew contract, July 2017: AED 72,000 a yearNew contract, February 2021: AED 21,000 a yearNew contract, February 2022: AED 45,000 a yearRenewal, February 2023: AED 46,200 a yearNew contract, March 2024: AED 50,400 a yearRenewal, March 2025: AED 53,400 a yearRenewal, March 2025: AED 53,400 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 342 sits

All 219 studios →

342 last sold in July 2011 at AED 1,130 per sqft, 12% below what studios in Platinum One were fetching at the time (AED 1,277). 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. 342's AED 53,400 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 3rd floor

All 279 units in Platinum One
Value
3011-bedAED 593K · Jun 2009
302StudioAED 250K · Jul 2024
303StudioAED 220K · Oct 2023
304StudioAED 250K · Apr 2019
305StudioAED 170K · Jan 2019
3061-bedAED 818K · Dec 2014
307StudioAED 741K · Jan 2015
1–7 of 42

342, Platinum One in numbers

  • Sold once: by ACW Holding on 5 July 2011 for AED 684,820, or AED 1,130 per sqft.
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 21,000 in 2021 and recovered to AED 53,400 by March 2025.
  • At AED 53,400 a year the gross yield on the 2011 price is 7.8%, before a service charge of about AED 12,400 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 1 March 2025.

Questions about 342, Platinum One

What did unit 342 last sell for?

AED 684,820 on 5 July 2011, sold by the developer: AED 1,130 per sqft for 606 sqft. It is the only registered sale of the unit.

What is the rent for unit 342?

AED 53,400 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 53,400; the unit has been rented since June 2016.

How big is unit 342?

606 sqft (56.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2013.

What is unit 342 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 342, Platinum One

Starts from the last sale price (AED 685K, 5 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 684,820
Deposit, UAE resident (20%)
AED 136,964
Deposit, non-resident (40%)
AED 273,928
Monthly over 25 years at 3.7%
AED 2,802

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