107, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in April 2017, 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 107, Platinum Residences 1
What is 107 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 902 sqft
- Floor
- 1st of 8
- Parking
- G-115
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,600 /yr
- Last sold
- AED 806K · April 2017
- Building
- Platinum Residences 1
About 107, Platinum Residences 1
107 is a one-bedroom apartment of 902 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. The developer sold it on 24 April 2017 for AED 806,159, or AED 893 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 55,800 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 12,600 a year.
Sales and rents for 107 over time
107 has sold once; 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 107 sits
All 120 1-beds →107 last sold in April 2017 at AED 893 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 886). 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. 107's AED 55,800 is in the upper 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 | |
| 102 | 1-bed | 751 sqft | AED 450KAED 450,000 · Apr 2019April 2019 | 35,000 /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 | |
| 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 |
107, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 24 April 2017 for AED 806,159, or AED 893 per sqft.
- Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 34,474 in 2021 and recovered to AED 55,800 by June 2024.
- At AED 55,800 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 12,600 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 2024.
Questions about 107, Platinum Residences 1
What did unit 107 last sell for?
AED 806,159 on 24 April 2017, sold by the developer: AED 893 per sqft for 902 sqft. It is the only registered sale of the unit.
What is the rent for unit 107?
AED 55,800 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 55,800; the unit has been rented since March 2017.
How big is unit 107?
902 sqft (83.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 107 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 107, Platinum Residences 1
Starts from the last sale price (AED 806K, 24 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 806,159
- Deposit, UAE resident (20%)
- AED 161,232
- Deposit, non-resident (40%)
- AED 322,464
- Monthly over 25 years at 3.7%
- AED 3,298
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →