214, Platinum Residences 1
Sold prices and rental history: sold 3 times, last in August 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 214, Platinum Residences 1
What is 214 worth today?
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Source: Dubai Land Department. Updated 24 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 862 sqft
- Floor
- 2nd of 8
- Parking
- G-105
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,000 /yr
- Last sold
- AED 500K · August 2023
- Building
- Platinum Residences 1
About 214, Platinum Residences 1
214 is a one-bedroom apartment of 862 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 24 August 2023 for AED 500,000, or AED 580 per sqft, 9% below the AED 636 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 35,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 12,000 a year.
Sales and rents for 214 over time
214 has sold 3 times; 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 214 sits
All 120 1-beds →214 last sold in August 2023 at AED 580 per sqft, 9% below what one-beds in Platinum Residences 1 were fetching at the time (AED 636). 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. 214's AED 35,000 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 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 | |
| 205 | 1-bed | 834 sqft | AED 540KAED 540,000 · May 2023May 2023 | 55,000 /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 | |
| 215 | 1-bed | 945 sqft | AED 827KAED 827,000 · Dec 2016December 2016 | 68,000 /yr |
214, Platinum Residences 1 in numbers
- Sold 3 times: first on 23 August 2015 for AED 800,818, last on 24 August 2023 for AED 500,000 (AED 580 per sqft).
- Rented since April 2017 on 3 Ejari contracts, from AED 64,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2023 price is 7.0%, 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 24 August 2023.
Questions about 214, Platinum Residences 1
What did unit 214 last sell for?
AED 500,000 on 24 August 2023: AED 580 per sqft for 862 sqft. The unit has 3 registered sales; the first was AED 800,818 in August 2015.
What is the rent for unit 214?
AED 35,000 a year on the contract signed on 1 August 2020. The previous contract, from May 2020, was AED 37,000; the unit has been rented since April 2017.
How big is unit 214?
862 sqft (80.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 214 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 214, Platinum Residences 1
Starts from the last sale price (AED 500K, 24 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →