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1-bed · 605 sqftPlatinum One, Arjan · 5th floor · completed 2013

506, Platinum One

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 721K22 July 2009
Current rentAED 67K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Platinum One

What is 506 worth today?

Last sold for AED 721,326 in 2009

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15 Dec 2025RentedRenewal
AED 67,200/yr12 months · AED 111 per sqft
15 Dec 2024RentedRenewal
AED 64,200/yr12 months · AED 106 per sqft
15 Dec 2023RentedNew contract
AED 59,400/yr12 months · AED 98 per sqft
1 Dec 2022RentedRenewal
AED 51,600/yr12 months · AED 85 per sqft
1 Nov 2021RentedNew contract
AED 47,631/yr13 months · AED 79 per sqft
1 Jul 2017RentedRenewal
AED 85,000/yr12 months · AED 141 per sqft
1 Jul 2016RentedNew contract
AED 85,000/yr12 months · AED 141 per sqft
22 Jul 2009Sold by developerOff-plan
AED 721,326AED 1,192 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
5th of 8
Parking
B1-185
Developer
ACW Holding
Completed
2013
Service charge
AED 12,400 /yr
Last sold
AED 721K · July 2009
Building
Platinum One

About 506, Platinum One

506 is a one-bedroom apartment of 605 sqft on the 5th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 22 July 2009 for AED 721,326, or AED 1,192 per sqft, 12% below the AED 1,361 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 67,200 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 12,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, July 2009: AED 721,326 (AED 1,192 per sqft)

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

Rents
Unit 506, 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 85,000 a yearRenewal, July 2017: AED 85,000 a yearNew contract, November 2021: AED 47,631 a yearRenewal, December 2022: AED 51,600 a yearNew contract, December 2023: AED 59,400 a yearRenewal, December 2024: AED 64,200 a yearRenewal, December 2025: AED 67,200 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 506 sits

All 57 1-beds →

506 last sold in July 2009 at AED 1,192 per sqft, 12% below what one-beds in Platinum One were fetching at the time (AED 1,361). 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. 506's AED 67,200 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 5th floor

All 279 units in Platinum One
Value
5011-bedAED 547K · Jul 2009
502StudioAED 568K · Jun 2009
503StudioAED 320K · Apr 2015
504StudioAED 568K · Jul 2009
505StudioAED 568K · Jun 2009
507StudioAED 702K · Jan 2015
508StudioAED 681K · Jun 2009
1–7 of 42

506, Platinum One in numbers

  • Sold once: by ACW Holding on 22 July 2009 for AED 721,326, or AED 1,192 per sqft.
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 47,631 in 2021 and recovered to AED 67,200 by December 2025.
  • At AED 67,200 a year the gross yield on the 2009 price is 9.3%, before a service charge of about AED 12,400 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 15 December 2025.

Questions about 506, Platinum One

What did unit 506 last sell for?

AED 721,326 on 22 July 2009, sold by the developer: AED 1,192 per sqft for 605 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 67,200 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 64,200; the unit has been rented since July 2016.

How big is unit 506?

605 sqft (56.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2013.

What is unit 506 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 506, Platinum One

Starts from the last sale price (AED 721K, 22 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 721,326
Deposit, UAE resident (20%)
AED 144,265
Deposit, non-resident (40%)
AED 288,530
Monthly over 25 years at 3.7%
AED 2,951

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