1-bed · 945 sqftPlatinum Residences 1, Dubai Silicon Oasis · 2nd floor · completed 2015

215, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 827K15 December 2016
Current rentAED 68K /yr8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Platinum Residences 1

What is 215 worth today?

Last sold for AED 827,000 in 2016

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8 Dec 2025RentedRenewal
AED 68,000/yr12 months · AED 72 per sqft
8 Dec 2024RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
8 Dec 2023RentedNew contract
AED 62,000/yr12 months · AED 66 per sqft
15 Dec 2016Sold by developerOff-plan
AED 827,000AED 875 per sqft

Source: Dubai Land Department. Updated 8 December 2025.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
2nd of 8
Parking
G-80
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 13,200 /yr
Last sold
AED 827K · December 2016

About 215, Platinum Residences 1

215 is a one-bedroom apartment of 945 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. The developer sold it on 15 December 2016 for AED 827,000, or AED 875 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 8 December 2025, is AED 68,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 13,200 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, December 2016: AED 827,000 (AED 875 per sqft)

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

Rents
Unit 215, 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, December 2023: AED 62,000 a yearNew contract, December 2024: AED 65,000 a yearRenewal, December 2025: AED 68,000 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 215 sits

All 120 1-beds →

215 last sold in December 2016 at AED 875 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 886). 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. 215's AED 68,000 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 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

215, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 15 December 2016 for AED 827,000, or AED 875 per sqft.
  • Rented since December 2023 on 3 Ejari contracts, from AED 62,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 13,200 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 8 December 2025.

Questions about 215, Platinum Residences 1

What did unit 215 last sell for?

AED 827,000 on 15 December 2016, sold by the developer: AED 875 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 68,000 a year on the contract renewed on 8 December 2025. The previous contract, from December 2024, was AED 65,000; the unit has been rented since December 2023.

How big is unit 215?

945 sqft (87.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 215 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 215, Platinum Residences 1

Starts from the last sale price (AED 827K, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 827,000
Deposit, UAE resident (20%)
AED 165,400
Deposit, non-resident (40%)
AED 330,800
Monthly over 25 years at 3.7%
AED 3,384

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