205, Platinum Residences 1
Sold prices and rental history: sold twice, last in May 2023, 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 205, Platinum Residences 1
What is 205 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 2nd of 8
- Parking
- G-40
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,600 /yr
- Last sold
- AED 540K · May 2023
- Building
- Platinum Residences 1
About 205, Platinum Residences 1
205 is a one-bedroom apartment of 834 sqft on the 2nd 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 16 May 2023 for AED 540,000, or AED 647 per sqft, in line with the AED 635 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 55,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 205 over time
205 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 205 sits
All 120 1-beds →205 last sold in May 2023 at AED 647 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 635). 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. 205's AED 55,000 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 2nd floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 751 sqft | AED 740KAED 740,000 · Feb 2026February 2026 | 60,000 /yr | |
| 202 | 1-bed | 751 sqft | AED 720KAED 720,000 · Aug 2025August 2025 | 65,000 /yr | |
| 203 | 1-bed | 730 sqft | AED 676KAED 676,427 · Oct 2015October 2015 | 68,000 /yr | |
| 204 | 1-bed | 838 sqft | AED 500KAED 500,000 · Sep 2021September 2021 | 63,000 /yr | |
| 206 | 1-bed | 730 sqft | AED 700KAED 700,000 · Aug 2026August 2026 | 58,000 /yr | |
| 207 | 1-bed | 890 sqft | AED 809KAED 809,448 · Dec 2016December 2016 | 47,700 /yr | |
| 208 | 1-bed | 943 sqft | AED 755KAED 755,000 · Dec 2024December 2024 | 47,000 /yr | |
| 209 | 1-bed | 858 sqft | AED 823KAED 823,487 · Sep 2015September 2015 | 56,000 /yr | |
| 210 | 1-bed | 876 sqft | AED 710KAED 710,000 · May 2024May 2024 | 48,000 /yr | |
| 211 | 1-bed | 856 sqft | AED 710KAED 710,000 · Dec 2024December 2024 | 45,000 /yr | |
| 212 | 1-bed | 862 sqft | AED 680KAED 680,000 · Oct 2024October 2024 | 60,811 /yr | |
| 213 | 1-bed | 880 sqft | AED 590KAED 590,000 · Jun 2024June 2024 | 47,311 /yr | |
| 214 | 1-bed | 862 sqft | AED 500KAED 500,000 · Aug 2023August 2023 | 35,000 /yr | |
| 215 | 1-bed | 945 sqft | AED 827KAED 827,000 · Dec 2016December 2016 | 68,000 /yr |
205, Platinum Residences 1 in numbers
- Sold twice: first on 29 January 2017 for AED 772,439, last on 16 May 2023 for AED 540,000 (AED 647 per sqft).
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 34,000 in 2021 and recovered to AED 55,000 by June 2026.
- At AED 55,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 11,600 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 2026.
Questions about 205, Platinum Residences 1
What did unit 205 last sell for?
AED 540,000 on 16 May 2023: AED 647 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 772,439 in January 2017.
What is the rent for unit 205?
AED 55,000 a year on the contract renewed on 1 June 2026. The previous contract, from May 2026, was AED 49,725; the unit has been rented since February 2018.
How big is unit 205?
834 sqft (77.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 205 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 205, Platinum Residences 1
Starts from the last sale price (AED 540K, 16 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →