1-bed · 838 sqftPlatinum Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2015

304, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 23 November 2025
Last soldAED 795K26 October 2015
Current rentAED 63K /yr23 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Platinum Residences 1

What is 304 worth today?

Last sold for AED 795,307 in 2015

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23 Nov 2025RentedRenewal
AED 63,000/yr12 months · AED 75 per sqft
23 Nov 2024RentedNew contract
AED 63,000/yr12 months · AED 75 per sqft
2 Jun 2024RentedRenewal
AED 45,980/yr12 months · AED 55 per sqft
2 Jun 2023RentedRenewal
AED 41,800/yr12 months · AED 50 per sqft
2 Jun 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
12 May 2021RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
12 May 2020RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
1 Jan 2019RentedRenewal
AED 58,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 23 November 2025.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
3rd of 8
Parking
G-43
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 11,700 /yr
Last sold
AED 795K · October 2015

About 304, Platinum Residences 1

304 is a one-bedroom apartment of 838 sqft on the 3rd 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 26 October 2015 for AED 795,307, or AED 949 per sqft, in line with the AED 936 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 23 November 2025, is AED 63,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 11,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, October 2015: AED 795,307 (AED 949 per sqft)

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

Rents
Unit 304, 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, January 2017: AED 60,000 a yearRenewal, January 2018: AED 58,000 a yearRenewal, January 2019: AED 58,000 a yearNew contract, May 2020: AED 32,000 a yearRenewal, May 2021: AED 32,000 a yearNew contract, June 2022: AED 38,000 a yearRenewal, June 2023: AED 41,800 a yearRenewal, June 2024: AED 45,980 a yearNew contract, November 2024: AED 63,000 a yearRenewal, November 2025: AED 63,000 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 304 sits

All 120 1-beds →

304 last sold in October 2015 at AED 949 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 936). 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. 304's AED 63,000 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 3rd floor

All 120 units in Platinum Residences 1
Value
3011-bedAED 730K · Feb 2026
3021-bedAED 490K · May 2025
3031-bedAED 485K · May 2025
3051-bedAED 776K · Jan 2017
3061-bedAED 740K · Feb 2026
3071-bedAED 670K · Jan 2024
3081-bedAED 819K · Sep 2015
1–7 of 14

304, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 26 October 2015 for AED 795,307, or AED 949 per sqft.
  • Rented since January 2017 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 32,000 in 2021 and recovered to AED 63,000 by November 2025.
  • At AED 63,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 11,700 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 23 November 2025.

Questions about 304, Platinum Residences 1

What did unit 304 last sell for?

AED 795,307 on 26 October 2015, sold by the developer: AED 949 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 63,000 a year on the contract renewed on 23 November 2025. The previous contract, from November 2024, was AED 63,000; the unit has been rented since January 2017.

How big is unit 304?

838 sqft (77.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 304 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 304, Platinum Residences 1

Starts from the last sale price (AED 795K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 795,307
Deposit, UAE resident (20%)
AED 159,061
Deposit, non-resident (40%)
AED 318,123
Monthly over 25 years at 3.7%
AED 3,254

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