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Studio · 486 sqftPlatinum One, Arjan · 7th floor · completed 2013

721, Platinum One

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 4 March 2026
Last soldAED 685K23 July 2009
Current rentAED 55K /yr4 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, Platinum One

What is 721 worth today?

Last sold for AED 684,864 in 2009

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4 Mar 2026RentedRenewal
AED 55,200/yr12 months · AED 113 per sqft
4 Mar 2025RentedNew contract
AED 52,800/yr12 months · AED 109 per sqft
2 Mar 2024RentedRenewal
AED 46,800/yr12 months · AED 96 per sqft
2 Mar 2023RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
1 Mar 2022RentedNew contract
AED 39,000/yr12 months · AED 80 per sqft
25 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 62 per sqft
25 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
23 Sep 2016RentedRenewal
AED 77,940/yr12 months · AED 160 per sqft

Source: Dubai Land Department. Updated 4 March 2026.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
7th of 8
Parking
B1-267
Developer
ACW Holding
Completed
2013
Service charge
AED 9,900 /yr
Last sold
AED 685K · July 2009
Building
Platinum One

About 721, Platinum One

721 is a studio of 486 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 23 July 2009 for AED 684,864, or AED 1,407 per sqft, in line with the AED 1,378 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 4 March 2026, is AED 55,200 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 9,900 a year.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical studio in Platinum One
250K500K750K2009201420192024Typical 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 684,864 (AED 1,407 per sqft)

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

Rents
Unit 721, each contractTypical studio in Platinum One
25K50K75K2014201820222026Typical 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 2015: AED 77,940 a yearRenewal, September 2016: AED 77,940 a yearNew contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearNew contract, March 2022: AED 39,000 a yearNew contract, March 2023: AED 42,000 a yearRenewal, March 2024: AED 46,800 a yearNew contract, March 2025: AED 52,800 a yearRenewal, March 2026: AED 55,200 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 721 sits

All 219 studios →

721 last sold in July 2009 at AED 1,407 per sqft, in line with what studios in Platinum One were fetching at the time (AED 1,378). 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. 721's AED 55,200 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

721, Platinum One in numbers

  • Sold once: by ACW Holding on 23 July 2009 for AED 684,864, or AED 1,407 per sqft.
  • Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 77,940 to AED 30,000 in 2021 and recovered to AED 55,200 by March 2026.
  • At AED 55,200 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 9,900 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 4 March 2026.

Questions about 721, Platinum One

What did unit 721 last sell for?

AED 684,864 on 23 July 2009, sold by the developer: AED 1,407 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 55,200 a year on the contract renewed on 4 March 2026. The previous contract, from March 2025, was AED 52,800; the unit has been rented since September 2015.

How big is unit 721?

486 sqft (45.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 721 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 721, Platinum One

Starts from the last sale price (AED 685K, 23 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 684,864
Deposit, UAE resident (20%)
AED 136,973
Deposit, non-resident (40%)
AED 273,946
Monthly over 25 years at 3.7%
AED 2,802

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