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1-bed · 532 sqftPlatinum One, Arjan · 4th floor · completed 2013

423, 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 423 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 727K14 June 2009
Current rentAED 69K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Platinum One

What is 423 worth today?

Last sold for AED 727,486 in 2009

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16 Aug 2026RentedRenewal
AED 69,000/yr12 months · AED 130 per sqft
16 Aug 2025RentedNew contract
AED 69,000/yr12 months · AED 130 per sqft
2 Aug 2024RentedNew contract
AED 65,400/yr12 months · AED 123 per sqft
27 Feb 2024RentedNew contract
AED 63,000/yr12 months · AED 118 per sqft
12 Feb 2023RentedRenewal
AED 51,600/yr12 months · AED 97 per sqft
12 Feb 2022RentedNew contract
AED 48,000/yr12 months · AED 90 per sqft
1 Dec 2020RentedNew contract
AED 48,000/yr12 months · AED 90 per sqft
3 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
1-bed apartment
Size
532 sqft
Floor
4th of 8
Parking
B1-159
Developer
ACW Holding
Completed
2013
Service charge
AED 10,900 /yr
Last sold
AED 727K · June 2009
Building
Platinum One

About 423, Platinum One

423 is a one-bedroom apartment of 532 sqft on the 4th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 14 June 2009 for AED 727,486, or AED 1,367 per sqft, in line with the AED 1,362 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 16 August 2026, is AED 69,000 a year: a gross yield of 9.5% on the 2009 price, before the service charge of about AED 10,900 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical one-bed in Platinum One
600K800K20092011201320152017Typical sale price by year: 2009 AED 752,847; 2010 AED 680,074; 2014 AED 473,573; 2015 AED 752,847; 2016 AED 475,122Sold by developer, June 2009: AED 727,486 (AED 1,367 per sqft)

423 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 423, each contractTypical one-bed in Platinum One
50K75K100K2014201820222026Typical rent by year: 2014 AED 102,000; 2015 AED 78,000; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 74,700; 2019 AED 65,700; 2020 AED 51,000; 2021 AED 47,516; 2022 AED 49,200; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 60,000New contract, July 2016: AED 90,000 a yearNew contract, July 2016: AED 85,000 a yearNew contract, August 2017: AED 90,000 a yearNew contract, August 2018: AED 75,000 a yearNew contract, December 2020: AED 48,000 a yearNew contract, February 2022: AED 48,000 a yearRenewal, February 2023: AED 51,600 a yearNew contract, February 2024: AED 63,000 a yearNew contract, August 2024: AED 65,400 a yearNew contract, August 2025: AED 69,000 a yearRenewal, August 2026: AED 69,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Platinum One, and where 423 sits

All 57 1-beds →

423 last sold in June 2009 at AED 1,367 per sqft, in line with what one-beds in Platinum One were fetching at the time (AED 1,362). Over the last 12 months one-beds sold for AED 710,000, around AED 938 per sqft, and rent for AED 39,600 to 78,000 a year. 423's AED 69,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jul 2026710,000
17 Apr 2025396,000
16 Jan 2025260,000
7 Nov 2023297,400
1 1-bed sale 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
404StudioAED 568K · Feb 2015
405StudioAED 568K · Jun 2009
4061-bedAED 839K · Jun 2009
407StudioAED 741K · Jan 2015
1–7 of 42

423, Platinum One in numbers

  • Sold once: by ACW Holding on 14 June 2009 for AED 727,486, or AED 1,367 per sqft.
  • Rented since July 2016 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2022 and recovered to AED 69,000 by August 2026.
  • At AED 69,000 a year the gross yield on the 2009 price is 9.5%, before a service charge of about AED 10,900 a year (AED 20.43 per sqft).
  • One-beds in Platinum One sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 673 per sqft.

Source: Dubai Land Department. Updated 16 August 2026.

Questions about 423, Platinum One

What did unit 423 last sell for?

AED 727,486 on 14 June 2009, sold by the developer: AED 1,367 per sqft for 532 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 69,000 a year on the contract renewed on 16 August 2026. The previous contract, from August 2025, was AED 69,000; the unit has been rented since July 2016.

How big is unit 423?

532 sqft (49.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2013.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Platinum One sold for AED 710,000 to 710,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on 423, Platinum One

Starts from the last sale price (AED 727K, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 727,486
Deposit, UAE resident (20%)
AED 145,497
Deposit, non-resident (40%)
AED 290,994
Monthly over 25 years at 3.7%
AED 2,976

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