1-bed · 856 sqftPlatinum Residences 1, Dubai Silicon Oasis · 2nd floor · completed 2015

211, Platinum Residences 1

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 710K4 December 2024
Current rentAED 45K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Platinum Residences 1

What is 211 worth today?

Last sold for AED 710,000 in 2024

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4 Dec 2024SoldReady
AED 710,000AED 829 per sqft
10 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 52 per sqft
10 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
1 Jun 2021RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
25 Apr 2019RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
20 Jan 2019Sold by developerOff-plan
AED 769,414AED 898 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
2nd of 8
Parking
G-51
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 11,900 /yr
Last sold
AED 710K · December 2024

About 211, Platinum Residences 1

211 is a one-bedroom apartment of 856 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 4 December 2024 for AED 710,000, or AED 829 per sqft, 9% above the AED 763 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 10 July 2023, is AED 45,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, January 2019: AED 769,414 (AED 898 per sqft)Sold, December 2024: AED 710,000 (AED 829 per sqft)

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

Rents
Unit 211, 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, April 2019: AED 53,000 a yearNew contract, June 2021: AED 36,000 a yearNew contract, July 2022: AED 42,000 a yearRenewal, July 2023: AED 45,000 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 211 sits

All 120 1-beds →

211 last sold in December 2024 at AED 829 per sqft, 9% above what one-beds in Platinum Residences 1 were fetching at the time (AED 763). 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. 211's AED 45,000 is in the lower 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 2nd floor

All 120 units in Platinum Residences 1
Value
2011-bedAED 740K · Feb 2026
2021-bedAED 720K · Aug 2025
2031-bedAED 676K · Oct 2015
2041-bedAED 500K · Sep 2021
2051-bedAED 540K · May 2023
2061-bedAED 700K · Aug 2026
2071-bedAED 809K · Dec 2016
1–7 of 14

211, Platinum Residences 1 in numbers

  • Sold twice: first on 20 January 2019 for AED 769,414, last on 4 December 2024 for AED 710,000 (AED 829 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 53,000 to AED 36,000 in 2021 and recovered to AED 45,000 by July 2023.
  • At AED 45,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 11,900 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 4 December 2024.

Questions about 211, Platinum Residences 1

What did unit 211 last sell for?

AED 710,000 on 4 December 2024: AED 829 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 769,414 in January 2019.

What is the rent for unit 211?

AED 45,000 a year on the contract renewed on 10 July 2023. The previous contract, from July 2022, was AED 42,000; the unit has been rented since April 2019.

How big is unit 211?

856 sqft (79.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 211 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 211, Platinum Residences 1

Starts from the last sale price (AED 710K, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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