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Studio · 465 sqftPlatinum One, Arjan · 7th floor · completed 2013

718, 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 718 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 359K27 November 2014
Current rentAED 58K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, Platinum One

What is 718 worth today?

Last sold for AED 358,506 in 2014

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7 Feb 2026RentedRenewal
AED 57,600/yr12 months · AED 124 per sqft
7 Feb 2025RentedNew contract
AED 55,200/yr12 months · AED 119 per sqft
5 Jun 2024RentedRenewal
AED 48,000/yr12 months · AED 103 per sqft
5 Jun 2023RentedRenewal
AED 46,200/yr12 months · AED 99 per sqft
5 Jun 2022RentedNew contract
AED 41,400/yr12 months · AED 89 per sqft
14 Feb 2020RentedNew contract
AED 53,400/yr12 months · AED 115 per sqft
2 Jun 2017RentedNew contract
AED 66,000/yr12 months · AED 142 per sqft
23 May 2016RentedNew contract
AED 66,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
7th of 8
Parking
B1-264
Developer
ACW Holding
Completed
2013
Service charge
AED 9,500 /yr
Last sold
AED 359K · November 2014
Building
Platinum One

About 718, Platinum One

718 is a studio of 465 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 27 November 2014 for AED 358,506, or AED 771 per sqft, in line with the AED 771 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 57,600 a year: a gross yield of 16.1% on the 2014 price, before the service charge of about AED 9,500 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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 358,506 (AED 771 per sqft)

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

Rents
Unit 718, 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, May 2016: AED 66,000 a yearNew contract, June 2017: AED 66,000 a yearNew contract, February 2020: AED 53,400 a yearNew contract, June 2022: AED 41,400 a yearRenewal, June 2023: AED 46,200 a yearRenewal, June 2024: AED 48,000 a yearNew contract, February 2025: AED 55,200 a yearRenewal, February 2026: AED 57,600 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 718 sits

All 219 studios →

718 last sold in November 2014 at AED 771 per sqft, in line with 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. 718's AED 57,600 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 7th floor

All 279 units in Platinum One
Value
701StudioAED 628K · Jun 2009
702StudioAED 563K · Jan 2015
703StudioAED 563K · May 2009
704StudioAED 328K · Nov 2014
705StudioAED 238K · Dec 2023
7061-bedAED 474K · Nov 2014
707StudioAED 830K · Jun 2009
1–7 of 21

718, Platinum One in numbers

  • Sold once: by ACW Holding on 27 November 2014 for AED 358,506, or AED 771 per sqft.
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 66,000 to AED 41,400 in 2022 and recovered to AED 57,600 by February 2026.
  • At AED 57,600 a year the gross yield on the 2014 price is 16.1%, before a service charge of about AED 9,500 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 February 2026.

Questions about 718, Platinum One

What did unit 718 last sell for?

AED 358,506 on 27 November 2014, sold by the developer: AED 771 per sqft for 465 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 57,600 a year on the contract renewed on 7 February 2026. The previous contract, from February 2025, was AED 55,200; the unit has been rented since May 2016.

How big is unit 718?

465 sqft (43.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 718 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 718, Platinum One

Starts from the last sale price (AED 359K, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 358,506
Deposit, UAE resident (20%)
AED 71,701
Deposit, non-resident (40%)
AED 143,402
Monthly over 25 years at 3.7%
AED 1,467

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