1-bed · 862 sqftPlatinum Residences 1, Dubai Silicon Oasis · 1st floor · completed 2015

114, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 711K15 March 2017
Current rentAED 62K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Platinum Residences 1

What is 114 worth today?

Last sold for AED 710,826 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 72 per sqft
1 Aug 2024RentedNew contract
AED 43,000/yr12 months · AED 50 per sqft
1 Aug 2023RentedRenewal
AED 39,100/yr12 months · AED 45 per sqft
1 Aug 2022RentedRenewal
AED 34,000/yr12 months · AED 39 per sqft
1 Aug 2021RentedNew contract
AED 32,000/yr12 months · AED 37 per sqft
20 Mar 2019RentedRenewal
AED 52,000/yr12 months · AED 60 per sqft
20 Mar 2017RentedNew contract
AED 63,000/yr12 months · AED 73 per sqft
15 Mar 2017Sold by developerReady
AED 710,826AED 825 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
1st of 8
Parking
G-56
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,000 /yr
Last sold
AED 711K · March 2017

About 114, Platinum Residences 1

114 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 15 March 2017 for AED 710,826, or AED 825 per sqft, 7% below the AED 883 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 September 2025, is AED 62,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 12,000 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical one-bed in Platinum Residences 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 769,831; 2016 AED 756,121; 2017 AED 750,630; 2018 AED 665,000; 2019 AED 507,500; 2020 AED 442,500; 2022 AED 510,000; 2023 AED 590,000; 2024 AED 680,000; 2025 AED 730,000; 2026 AED 730,000Sold by developer, March 2017: AED 710,826 (AED 825 per sqft)

114 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 114, each contractTypical one-bed in Platinum Residences 1
40K60K2017202020232026Typical rent by year: 2017 AED 63,000; 2018 AED 58,000; 2019 AED 48,500; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 60,000New contract, March 2017: AED 63,000 a yearRenewal, March 2019: AED 52,000 a yearNew contract, August 2021: AED 32,000 a yearRenewal, August 2022: AED 34,000 a yearRenewal, August 2023: AED 39,100 a yearNew contract, August 2024: AED 43,000 a yearNew contract, September 2025: AED 62,000 a year

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 114 sits

All 120 1-beds →

114 last sold in March 2017 at AED 825 per sqft, 7% below what one-beds in Platinum Residences 1 were fetching at the time (AED 883). 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. 114's AED 62,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026700,000
23 Sep 2026850,000
19 Aug 2026600,000
18 Aug 2026700,000
10 1-bed sales in the last 12 months

Platinum Residences 1

Building

120 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%
Platinum Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 120 units in Platinum Residences 1
Value
1011-bedAED 655K · Feb 2018
1021-bedAED 450K · Apr 2019
1031-bedAED 636K · Sep 2016
1041-bedAED 560K · Feb 2024
1051-bedAED 700K · Nov 2024
1061-bedAED 250K · Jul 2019
1071-bedAED 806K · Apr 2017
1–7 of 14

114, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 15 March 2017 for AED 710,826, or AED 825 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 32,000 in 2021 and recovered to AED 62,000 by September 2025.
  • At AED 62,000 a year the gross yield on the 2017 price is 8.7%, 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 September 2025.

Questions about 114, Platinum Residences 1

What did unit 114 last sell for?

AED 710,826 on 15 March 2017, sold by the developer: AED 825 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 62,000 a year on the contract signed on 1 September 2025. The previous contract, from August 2024, was AED 43,000; the unit has been rented since March 2017.

How big is unit 114?

862 sqft (80.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 114 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.

Selling 114? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 114, Platinum Residences 1

Starts from the last sale price (AED 711K, 15 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 710,826
Deposit, UAE resident (20%)
AED 142,165
Deposit, non-resident (40%)
AED 284,330
Monthly over 25 years at 3.7%
AED 2,908

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