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Studio · 494 sqftPlatinum One, Arjan · 5th floor · completed 2013

508, 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 508 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 681K14 June 2009
Current rentAED 55K /yr7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Platinum One

What is 508 worth today?

Last sold for AED 680,578 in 2009

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7 Apr 2026RentedRenewal
AED 54,600/yr12 months · AED 111 per sqft
7 Apr 2025RentedRenewal
AED 51,000/yr12 months · AED 103 per sqft
7 Apr 2025RentedRenewal
AED 51,000/yr12 months · AED 103 per sqft
7 Apr 2024RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
7 Apr 2023RentedRenewal
AED 44,400/yr12 months · AED 90 per sqft
7 Apr 2022RentedNew contract
AED 40,800/yr12 months · AED 83 per sqft
7 Apr 2019RentedNew contract
AED 59,400/yr12 months · AED 120 per sqft
5 Apr 2018RentedNew contract
AED 65,400/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
5th of 8
Parking
B1-187
Developer
ACW Holding
Completed
2013
Service charge
AED 10,100 /yr
Last sold
AED 681K · June 2009
Building
Platinum One

About 508, Platinum One

508 is a studio of 494 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 14 June 2009 for AED 680,578, or AED 1,378 per sqft, in line with the AED 1,382 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 7 April 2026, is AED 54,600 a year: a gross yield of 8.0% on the 2009 price, before the service charge of about AED 10,100 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, June 2009: AED 680,578 (AED 1,378 per sqft)

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

Rents
Unit 508, 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, August 2016: AED 72,000 a yearNew contract, March 2017: AED 72,000 a yearNew contract, April 2018: AED 65,400 a yearNew contract, April 2019: AED 59,400 a yearNew contract, April 2022: AED 40,800 a yearRenewal, April 2023: AED 44,400 a yearRenewal, April 2024: AED 48,000 a yearRenewal, April 2025: AED 51,000 a yearRenewal, April 2025: AED 51,000 a yearRenewal, April 2026: AED 54,600 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 508 sits

All 219 studios →

508 last sold in June 2009 at AED 1,378 per sqft, in line with what studios in Platinum One were fetching at the time (AED 1,382). 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. 508's AED 54,600 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 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
5061-bedAED 721K · Jul 2009
507StudioAED 702K · Jan 2015
1–7 of 42

508, Platinum One in numbers

  • Sold once: by ACW Holding on 14 June 2009 for AED 680,578, or AED 1,378 per sqft.
  • Rented since August 2016 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 40,800 in 2022 and recovered to AED 54,600 by April 2026.
  • At AED 54,600 a year the gross yield on the 2009 price is 8.0%, before a service charge of about AED 10,100 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 7 April 2026.

Questions about 508, Platinum One

What did unit 508 last sell for?

AED 680,578 on 14 June 2009, sold by the developer: AED 1,378 per sqft for 494 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 54,600 a year on the contract renewed on 7 April 2026. The previous contract, from April 2025, was AED 51,000; the unit has been rented since August 2016.

How big is unit 508?

494 sqft (45.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2013.

What is unit 508 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 508, Platinum One

Starts from the last sale price (AED 681K, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 680,578
Deposit, UAE resident (20%)
AED 136,116
Deposit, non-resident (40%)
AED 272,231
Monthly over 25 years at 3.7%
AED 2,784

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