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Studio · 410 sqftPlatinum One, Arjan · 7th floor · completed 2013

704, Platinum One

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 328K18 November 2014
Current rentAED 53K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Platinum One

What is 704 worth today?

Last sold for AED 328,080 in 2014

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5 Dec 2025RentedRenewal
AED 52,800/yr12 months · AED 129 per sqft
5 Dec 2024RentedRenewal
AED 49,200/yr12 months · AED 120 per sqft
5 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
3 Dec 2022RentedRenewal
AED 39,600/yr12 months · AED 97 per sqft
3 Dec 2021RentedNew contract
AED 39,600/yr12 months · AED 97 per sqft
1 Dec 2020RentedNew contract
AED 39,600/yr12 months · AED 97 per sqft
3 Nov 2017RentedRenewal
AED 59,400/yr12 months · AED 145 per sqft
3 Nov 2016RentedNew contract
AED 66,000/yr12 months · AED 161 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
7th of 8
Parking
B1-250
Developer
ACW Holding
Completed
2013
Service charge
AED 8,400 /yr
Last sold
AED 328K · November 2014
Building
Platinum One

About 704, Platinum One

704 is a studio of 410 sqft on the 7th 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 328,080, or AED 799 per sqft, 4% above the AED 771 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 52,800 a year: a gross yield of 16.1% on the 2014 price, before the service charge of about AED 8,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 328,080 (AED 799 per sqft)

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

Rents
Unit 704, 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 2015: AED 66,000 a yearNew contract, November 2016: AED 66,000 a yearRenewal, November 2017: AED 59,400 a yearNew contract, December 2020: AED 39,600 a yearNew contract, December 2021: AED 39,600 a yearRenewal, December 2022: AED 39,600 a yearNew contract, December 2023: AED 45,000 a yearRenewal, December 2024: AED 49,200 a yearRenewal, December 2025: AED 52,800 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 704 sits

All 219 studios →

704 last sold in November 2014 at AED 799 per sqft, 4% above 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. 704's AED 52,800 is in the lower 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 7th floor

All 279 units in Platinum One
Value
701StudioAED 628K · Jun 2009
702StudioAED 563K · Jan 2015
703StudioAED 563K · May 2009
705StudioAED 238K · Dec 2023
7061-bedAED 474K · Nov 2014
707StudioAED 830K · Jun 2009
708StudioAED 579K · Jul 2009
1–7 of 21

704, Platinum One in numbers

  • Sold once: by ACW Holding on 18 November 2014 for AED 328,080, or AED 799 per sqft.
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 52,800 by December 2025.
  • At AED 52,800 a year the gross yield on the 2014 price is 16.1%, before a service charge of about AED 8,400 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 5 December 2025.

Questions about 704, Platinum One

What did unit 704 last sell for?

AED 328,080 on 18 November 2014, sold by the developer: AED 799 per sqft for 410 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 52,800 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 49,200; the unit has been rented since August 2015.

How big is unit 704?

410 sqft (38.1 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 704 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 704, Platinum One

Starts from the last sale price (AED 328K, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 328,080
Deposit, UAE resident (20%)
AED 65,616
Deposit, non-resident (40%)
AED 131,232
Monthly over 25 years at 3.7%
AED 1,342

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