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Studio · 462 sqftPlatinum One, Arjan · 5th floor · completed 2013

538, 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 538 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 608K22 July 2009
Current rentAED 56K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 538, Platinum One

What is 538 worth today?

Last sold for AED 608,165 in 2009

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1 Jul 2026RentedRenewal
AED 56,400/yr12 months · AED 122 per sqft
1 Jul 2025RentedRenewal
AED 56,400/yr12 months · AED 122 per sqft
1 Jul 2024RentedNew contract
AED 54,000/yr12 months · AED 117 per sqft
27 Jun 2023RentedRenewal
AED 44,400/yr12 months · AED 96 per sqft
27 Jun 2022RentedRenewal
AED 39,600/yr12 months · AED 86 per sqft
27 Jun 2021RentedNew contract
AED 39,600/yr12 months · AED 86 per sqft
20 Sep 2016RentedNew contract
AED 69,000/yr12 months · AED 149 per sqft
22 Jul 2009Sold by developerOff-plan
AED 608,165AED 1,316 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
5th of 8
Parking
B1-217
Developer
ACW Holding
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 608K · July 2009
Building
Platinum One

About 538, Platinum One

538 is a studio of 462 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 608,165, or AED 1,316 per sqft, 5% below the AED 1,380 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 56,400 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for 538 over time

Sales
Unit 538, 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, July 2009: AED 608,165 (AED 1,316 per sqft)

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

Rents
Unit 538, 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 69,000 a yearNew contract, June 2021: AED 39,600 a yearRenewal, June 2022: AED 39,600 a yearRenewal, June 2023: AED 44,400 a yearNew contract, July 2024: AED 54,000 a yearRenewal, July 2025: AED 56,400 a yearRenewal, July 2026: AED 56,400 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 538 sits

All 219 studios →

538 last sold in July 2009 at AED 1,316 per sqft, 5% below what studios in Platinum One were fetching at the time (AED 1,380). 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. 538's AED 56,400 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 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

538, Platinum One in numbers

  • Sold once: by ACW Holding on 22 July 2009 for AED 608,165, or AED 1,316 per sqft.
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 69,000 to AED 39,600 in 2022 and recovered to AED 56,400 by July 2026.
  • At AED 56,400 a year the gross yield on the 2009 price is 9.3%, before a service charge of about AED 9,400 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 July 2026.

Questions about 538, Platinum One

What did unit 538 last sell for?

AED 608,165 on 22 July 2009, sold by the developer: AED 1,316 per sqft for 462 sqft. It is the only registered sale of the unit.

What is the rent for unit 538?

AED 56,400 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 56,400; the unit has been rented since September 2016.

How big is unit 538?

462 sqft (42.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2013.

What is unit 538 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 538, Platinum One

Starts from the last sale price (AED 608K, 22 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 608,165
Deposit, UAE resident (20%)
AED 121,633
Deposit, non-resident (40%)
AED 243,266
Monthly over 25 years at 3.7%
AED 2,488

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