1-bed · 728 sqftPlatinum One, Arjan · 5th floor · completed 2013

540, 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 540 · DLD and Ejari recordsUpdated 1 July 2017
Last soldAED 853K2 February 2015
Current rentAED 85K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 540, Platinum One

What is 540 worth today?

Last sold for AED 852,968 in 2015

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1 Jul 2017RentedRenewal
AED 85,000/yr12 months · AED 117 per sqft
1 Jul 2016RentedNew contract
AED 85,000/yr12 months · AED 117 per sqft
2 Feb 2015SoldReady
AED 852,968AED 1,171 per sqft
5 Jul 2009Sold by developerOff-plan
AED 852,968AED 1,171 per sqft

Source: Dubai Land Department. Updated 1 July 2017.

Key facts

Type
1-bed apartment
Size
728 sqft
Floor
5th of 8
Parking
B1-219
Developer
ACW Holding
Completed
2013
Service charge
AED 14,900 /yr
Last sold
AED 853K · February 2015
Building
Platinum One

About 540, Platinum One

540 is a one-bedroom apartment of 728 sqft on the 5th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 2 February 2015 for AED 852,968, or AED 1,171 per sqft, 47% above the AED 799 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 85,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 14,900 a year.

Sales and rents for 540 over time

Sales
Unit 540, 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 852,968 (AED 1,171 per sqft)Sold, February 2015: AED 852,968 (AED 1,171 per sqft)

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

Rents
Unit 540, 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 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 540 sits

All 57 1-beds →

540 last sold in February 2015 at AED 1,171 per sqft, 47% above what one-beds in Platinum One were fetching at the time (AED 799). 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. 540's AED 85,000 is at the top 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
5061-bedAED 721K · Jul 2009
507StudioAED 702K · Jan 2015
1–7 of 42

540, Platinum One in numbers

  • Sold twice: first on 5 July 2009 for AED 852,968, last on 2 February 2015 for AED 852,968 (AED 1,171 per sqft).
  • Rented since July 2016 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 10.0%, before a service charge of about AED 14,900 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 1 July 2017.

Questions about 540, Platinum One

What did unit 540 last sell for?

AED 852,968 on 2 February 2015: AED 1,171 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 852,968 in July 2009.

What is the rent for unit 540?

AED 85,000 a year on the contract renewed on 1 July 2017. The previous contract, from July 2016, was AED 85,000.

How big is unit 540?

728 sqft (67.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2013.

What is unit 540 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 540, Platinum One

Starts from the last sale price (AED 853K, 2 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 852,968
Deposit, UAE resident (20%)
AED 170,594
Deposit, non-resident (40%)
AED 341,187
Monthly over 25 years at 3.7%
AED 3,490

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