112, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 112, Platinum Residences 1
What is 112 worth today?
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Source: Dubai Land Department. Updated 18 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 862 sqft
- Floor
- 1st of 8
- Parking
- G-53
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,000 /yr
- Last sold
- AED 769K · January 2018
- Building
- Platinum Residences 1
About 112, Platinum Residences 1
112 is a one-bedroom apartment of 862 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 28 January 2018 for AED 769,243, or AED 892 per sqft, in line with the AED 877 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 18 April 2022, is AED 38,000 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 12,000 a year.
Sales and rents for 112 over time
112 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 112 sits
All 120 1-beds →112 last sold in January 2018 at AED 892 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 877). 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. 112's AED 38,000 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 | |
| 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 | |
| 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 | |
| 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 |
112, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 28 January 2018 for AED 769,243, or AED 892 per sqft.
- Rented since April 2018 on 5 Ejari contracts, from AED 58,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2018 price is 4.9%, 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 18 April 2022.
Questions about 112, Platinum Residences 1
What did unit 112 last sell for?
AED 769,243 on 28 January 2018, sold by the developer: AED 892 per sqft for 862 sqft. It is the only registered sale of the unit.
What is the rent for unit 112?
AED 38,000 a year on the contract signed on 18 April 2022. The previous contract, from April 2021, was AED 37,000; the unit has been rented since April 2018.
How big is unit 112?
862 sqft (80.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 112 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 112, Platinum Residences 1
Starts from the last sale price (AED 769K, 28 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 769,243
- Deposit, UAE resident (20%)
- AED 153,849
- Deposit, non-resident (40%)
- AED 307,697
- Monthly over 25 years at 3.7%
- AED 3,147
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →