311, Platinum Residences 1
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Platinum Residences 1
What is 311 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 856 sqft
- Floor
- 3rd of 8
- Parking
- G-82
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,900 /yr
- Last sold
- AED 515K · February 2023
- Building
- Platinum Residences 1
About 311, Platinum Residences 1
311 is a one-bedroom apartment of 856 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. It last sold on 1 February 2023 for AED 515,000, or AED 601 per sqft, 5% below the AED 635 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 10 February 2026, is AED 60,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 11,900 a year.
Sales and rents for 311 over time
311 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 311 sits
All 120 1-beds →311 last sold in February 2023 at AED 601 per sqft, 5% below 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. 311's AED 60,000 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 3rd floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 751 sqft | AED 730KAED 730,000 · Feb 2026February 2026 | 50,500 /yr | |
| 302 | 1-bed | 751 sqft | AED 490KAED 490,000 · May 2025May 2025 | 45,000 /yr | |
| 303 | 1-bed | 730 sqft | AED 485KAED 485,000 · May 2025May 2025 | 55,000 /yr | |
| 304 | 1-bed | 838 sqft | AED 795KAED 795,307 · Oct 2015October 2015 | 63,000 /yr | |
| 305 | 1-bed | 834 sqft | AED 776KAED 775,678 · Jan 2017January 2017 | 55,000 /yr | |
| 306 | 1-bed | 730 sqft | AED 740KAED 740,000 · Feb 2026February 2026 | 62,000 /yr | |
| 307 | 1-bed | 890 sqft | AED 670KAED 670,000 · Jan 2024January 2024 | 45,200 /yr | |
| 308 | 1-bed | 943 sqft | AED 819KAED 819,154 · Sep 2015September 2015 | 64,000 /yr | |
| 309 | 1-bed | 858 sqft | AED 490KAED 490,000 · Jan 2019January 2019 | 55,000 /yr | |
| 310 | 1-bed | 876 sqft | AED 718KAED 717,527 · Sep 2017September 2017 | 53,500 /yr | |
| 312 | 1-bed | 862 sqft | AED 695KAED 695,000 · Oct 2024October 2024 | 65,000 /yr | |
| 313 | 1-bed | 880 sqft | AED 515KAED 515,000 · Jun 2019June 2019 | 45,000 /yr | |
| 314 | 1-bed | 862 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 52,500 /yr | |
| 315 | 1-bed | 945 sqft | AED 854KAED 854,073 · Jun 2015June 2015 | 60,000 /yr |
311, Platinum Residences 1 in numbers
- Sold twice: first on 11 January 2017 for AED 727,486, last on 1 February 2023 for AED 515,000 (AED 601 per sqft).
- Rented since January 2017 on 10 Ejari contracts. The rent fell from AED 63,000 to AED 36,000 in 2021 and recovered to AED 60,000 by February 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 11.7%, 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 10 February 2026.
Questions about 311, Platinum Residences 1
What did unit 311 last sell for?
AED 515,000 on 1 February 2023: AED 601 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 727,486 in January 2017.
What is the rent for unit 311?
AED 60,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 60,000; the unit has been rented since January 2017.
How big is unit 311?
856 sqft (79.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 311 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 311, Platinum Residences 1
Starts from the last sale price (AED 515K, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →