102, Platinum Residences 1
Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, Platinum Residences 1
What is 102 worth today?
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Source: Dubai Land Department. Updated 1 June 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 1st of 8
- Parking
- G-11
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 450K · April 2019
- Building
- Platinum Residences 1
About 102, Platinum Residences 1
102 is a one-bedroom apartment of 751 sqft on the 1st floor of Platinum Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. It last sold on 24 April 2019 for AED 450,000, or AED 599 per sqft, 14% below the AED 697 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 June 2021, is AED 35,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 10,500 a year.
Sales and rents for 102 over time
102 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Platinum Residences 1, and where 102 sits
All 120 1-beds →102 last sold in April 2019 at AED 599 per sqft, 14% below what one-beds in Platinum Residences 1 were fetching at the time (AED 697). Over the last 12 months one-beds sold for AED 600,000 to 850,000, around AED 956 per sqft, and rent for AED 30,000 to 75,000 a year. 102's AED 35,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 730 sqft | 700,000 | 958 | ||
| 23 Sep 202623 September 2026 | 945 sqft | 850,000 | 899 | ||
| 19 Aug 202619 August 2026 | 751 sqft | 600,000 | 798 | ||
| 18 Aug 202618 August 2026 | 730 sqft | 700,000 | 958 |
Platinum Residences 1
Building120 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 10 sold in the last 12 months.
- Typical price per sqft
- AED 956 Up 11.8%
- Typical sale
- AED 715K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.4%
Other units on the 1st floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 751 sqft | AED 655KAED 655,407 · Feb 2018February 2018 | 60,000 /yr | |
| 103 | 1-bed | 730 sqft | AED 636KAED 636,296 · Sep 2016September 2016 | 39,000 /yr | |
| 104 | 1-bed | 838 sqft | AED 560KAED 560,000 · Feb 2024February 2024 | 50,000 /yr | |
| 105 | 1-bed | 834 sqft | AED 700KAED 700,000 · Nov 2024November 2024 | 62,000 /yr | |
| 106 | 1-bed | 734 sqft | AED 250KAED 250,000 · Jul 2019July 2019 | 60,000 /yr | |
| 107 | 1-bed | 902 sqft | AED 806KAED 806,159 · Apr 2017April 2017 | 55,800 /yr | |
| 108 | 1-bed | 943 sqft | AED 590KAED 590,000 · Feb 2023February 2023 | 40,000 /yr | |
| 109 | 1-bed | 858 sqft | AED 600KAED 600,000 · May 2024May 2024 | 65,000 /yr | |
| 110 | 1-bed | 876 sqft | AED 755KAED 754,532 · Dec 2016December 2016 | 62,000 /yr | |
| 111 | 1-bed | 856 sqft | AED 620KAED 620,000 · Oct 2023October 2023 | 49,000 /yr | |
| 112 | 1-bed | 862 sqft | AED 769KAED 769,243 · Jan 2018January 2018 | 38,000 /yr | |
| 113 | 1-bed | 880 sqft | AED 755KAED 755,000 · Oct 2025October 2025 | 65,000 /yr | |
| 114 | 1-bed | 862 sqft | AED 711KAED 710,826 · Mar 2017March 2017 | 62,000 /yr | |
| 115 | 1-bed | 945 sqft | AED 850KAED 850,000 · Sep 2026September 2026 |
102, Platinum Residences 1 in numbers
- Sold twice: first on 21 September 2016 for AED 652,491, last on 24 April 2019 for AED 450,000 (AED 599 per sqft).
- Rented since January 2017 on 4 Ejari contracts, from AED 60,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 10,500 a year (AED 13.95 per sqft).
- One-beds in Platinum Residences 1 sold for AED 600,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 956 per sqft.
Source: Dubai Land Department. Updated 1 June 2021.
Questions about 102, Platinum Residences 1
What did unit 102 last sell for?
AED 450,000 on 24 April 2019: AED 599 per sqft for 751 sqft. The unit has 2 registered sales; the first was AED 652,491 in September 2016.
What is the rent for unit 102?
AED 35,000 a year on the contract signed on 1 June 2021. The previous contract, from April 2020, was AED 38,000; the unit has been rented since January 2017.
How big is unit 102?
751 sqft (69.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 102 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Platinum Residences 1 sold for AED 600,000 to 850,000 in the last 12 months, around AED 956 per sqft.
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Mortgage on 102, Platinum Residences 1
Starts from the last sale price (AED 450K, 24 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →