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Studio · 400 sqftPlatinum One, Arjan · 4th floor · completed 2013

404, Platinum One

Sold prices and rental history: sold twice, last in February 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 29 October 2021
Last soldAED 568K23 February 2015
Current rentAED 40K /yr29 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Platinum One

What is 404 worth today?

Last sold for AED 567,522 in 2015

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29 Oct 2021RentedNew contract
AED 39,600/yr12 months · AED 99 per sqft
1 Jun 2017RentedNew contract
AED 66,000/yr12 months · AED 165 per sqft
30 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 165 per sqft
23 Feb 2015SoldReady
AED 567,522AED 1,420 per sqft
11 Jun 2009Sold by developerOff-plan
AED 567,522AED 1,420 per sqft

Source: Dubai Land Department. Updated 29 October 2021.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
4th of 8
Parking
B2-140
Developer
ACW Holding
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 568K · February 2015
Building
Platinum One

About 404, Platinum One

404 is a studio of 400 sqft on the 4th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 23 February 2015 for AED 567,522, or AED 1,420 per sqft, 77% above the AED 800 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 29 October 2021, is AED 39,600 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 567,522 (AED 1,420 per sqft)Sold, February 2015: AED 567,522 (AED 1,420 per sqft)

404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 404, 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, September 2016: AED 66,000 a yearNew contract, June 2017: AED 66,000 a yearNew contract, October 2021: AED 39,600 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 404 sits

All 219 studios →

404 last sold in February 2015 at AED 1,420 per sqft, 77% above what studios in Platinum One were fetching at the time (AED 800). 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. 404's AED 39,600 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 4th floor

All 279 units in Platinum One
Value
4011-bedAED 593K · Jun 2009
402StudioAED 568K · Jun 2009
403StudioAED 568K · May 2009
405StudioAED 568K · Jun 2009
4061-bedAED 839K · Jun 2009
407StudioAED 741K · Jan 2015
408StudioAED 611K · Jul 2009
1–7 of 42

404, Platinum One in numbers

  • Sold twice: first on 11 June 2009 for AED 567,522, last on 23 February 2015 for AED 567,522 (AED 1,420 per sqft).
  • Rented since September 2016 on 3 Ejari contracts, from AED 66,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 8,200 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 29 October 2021.

Questions about 404, Platinum One

What did unit 404 last sell for?

AED 567,522 on 23 February 2015: AED 1,420 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 567,522 in June 2009.

What is the rent for unit 404?

AED 39,600 a year on the contract signed on 29 October 2021. The previous contract, from June 2017, was AED 66,000; the unit has been rented since September 2016.

How big is unit 404?

400 sqft (37.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2013.

What is unit 404 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 404, Platinum One

Starts from the last sale price (AED 568K, 23 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 567,522
Deposit, UAE resident (20%)
AED 113,504
Deposit, non-resident (40%)
AED 227,009
Monthly over 25 years at 3.7%
AED 2,322

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