109, Platinum Residences 1
Sold prices and rental history: sold twice, last in May 2024, 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 109, Platinum Residences 1
What is 109 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 858 sqft
- Floor
- 1st of 8
- Parking
- G-63
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,000 /yr
- Last sold
- AED 600K · May 2024
- Building
- Platinum Residences 1
About 109, Platinum Residences 1
109 is a one-bedroom apartment of 858 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 May 2024 for AED 600,000, or AED 699 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 65,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 12,000 a year.
Sales and rents for 109 over time
109 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 109 sits
All 120 1-beds →109 last sold in May 2024 at AED 699 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 709). 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. 109's AED 65,000 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 | |
| 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 | |
| 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 |
109, Platinum Residences 1 in numbers
- Sold twice: first on 17 December 2017 for AED 741,131, last on 24 May 2024 for AED 600,000 (AED 699 per sqft).
- Rented since February 2017 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 65,000 by April 2026.
- At AED 65,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 12,000 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 April 2026.
Questions about 109, Platinum Residences 1
What did unit 109 last sell for?
AED 600,000 on 24 May 2024: AED 699 per sqft for 858 sqft. The unit has 2 registered sales; the first was AED 741,131 in December 2017.
What is the rent for unit 109?
AED 65,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since February 2017.
How big is unit 109?
858 sqft (79.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 109 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 109, Platinum Residences 1
Starts from the last sale price (AED 600K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →