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Studio · 420 sqftPlatinum One, Arjan · 6th floor · completed 2013

623, Platinum One

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 262K18 November 2014
Current rentAED 54K /yr23 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Platinum One

What is 623 worth today?

Last sold for AED 261,998 in 2014

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23 Feb 2026RentedNew contract
AED 54,000/yr12 months · AED 129 per sqft
24 Jan 2025RentedNew contract
AED 52,800/yr12 months · AED 126 per sqft
12 Aug 2024RentedNew contract
AED 50,400/yr12 months · AED 120 per sqft
14 Jul 2023RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
9 Jul 2022RentedNew contract
AED 39,600/yr12 months · AED 94 per sqft
7 Feb 2022RentedNew contract
AED 39,600/yr12 months · AED 94 per sqft
5 Feb 2021RentedRenewal
AED 39,600/yr12 months · AED 94 per sqft
5 Feb 2020RentedNew contract
AED 47,400/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
6th of 8
Parking
B1-246
Developer
ACW Holding
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 262K · November 2014
Building
Platinum One

About 623, Platinum One

623 is a studio of 420 sqft on the 6th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 18 November 2014 for AED 261,998, or AED 623 per sqft, 19% below the AED 771 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 23 February 2026, is AED 54,000 a year: a gross yield of 20.6% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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, November 2014: AED 261,998 (AED 623 per sqft)

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

Rents
Unit 623, 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, October 2016: AED 66,000 a yearNew contract, February 2020: AED 47,400 a yearRenewal, February 2021: AED 39,600 a yearNew contract, February 2022: AED 39,600 a yearNew contract, July 2022: AED 39,600 a yearNew contract, July 2023: AED 45,000 a yearNew contract, August 2024: AED 50,400 a yearNew contract, January 2025: AED 52,800 a yearNew contract, February 2026: AED 54,000 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 623 sits

All 219 studios →

623 last sold in November 2014 at AED 623 per sqft, 19% below what studios in Platinum One were fetching at the time (AED 771). 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. 623's AED 54,000 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 6th floor

All 279 units in Platinum One
Value
6011-bedAED 635K · Jul 2009
602StudioAED 635K · Aug 2009
603StudioAED 257K · Nov 2014
604StudioAED 567K · Jun 2009
605StudioAED 300K · Jun 2017
6061-bedAED 823K · Jul 2009
607StudioAED 592K · Jul 2009
1–7 of 21

623, Platinum One in numbers

  • Sold once: by ACW Holding on 18 November 2014 for AED 261,998, or AED 623 per sqft.
  • Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 54,000 by February 2026.
  • At AED 54,000 a year the gross yield on the 2014 price is 20.6%, before a service charge of about AED 8,600 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 23 February 2026.

Questions about 623, Platinum One

What did unit 623 last sell for?

AED 261,998 on 18 November 2014, sold by the developer: AED 623 per sqft for 420 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 54,000 a year on the contract signed on 23 February 2026. The previous contract, from January 2025, was AED 52,800; the unit has been rented since October 2016.

How big is unit 623?

420 sqft (39.0 sqm): a studio on the 6th floor of a 8-storey tower completed in 2013.

What is unit 623 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 623, Platinum One

Starts from the last sale price (AED 262K, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 261,998
Deposit, UAE resident (20%)
AED 52,400
Deposit, non-resident (40%)
AED 104,799
Monthly over 25 years at 3.7%
AED 1,072

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