1-bed · 880 sqftPlatinum Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2015

313, Platinum Residences 1

Sold prices and rental history: sold twice, last in June 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 27 June 2019
Last soldAED 515K27 June 2019
Current rentAED 45K /yr18 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Platinum Residences 1

What is 313 worth today?

Last sold for AED 515,000 in 2019

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27 Jun 2019SoldReady
AED 515,000AED 585 per sqft
18 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
10 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
21 Jan 2018Sold by developerReady
AED 764,873AED 869 per sqft
9 Feb 2017RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 June 2019.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
3rd of 8
Parking
G-69
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,300 /yr
Last sold
AED 515K · June 2019

About 313, Platinum Residences 1

313 is a one-bedroom apartment of 880 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 27 June 2019 for AED 515,000, or AED 585 per sqft, in line with the AED 599 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 18 February 2019, is AED 45,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 12,300 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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 2018: AED 764,873 (AED 869 per sqft)Sold, June 2019: AED 515,000 (AED 585 per sqft)

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

Rents
Unit 313, 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, February 2017: AED 65,000 a yearNew contract, February 2018: AED 55,000 a yearNew contract, February 2019: 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 313 sits

All 120 1-beds →

313 last sold in June 2019 at AED 585 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 599). 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. 313'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 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
3041-bedAED 795K · Oct 2015
3051-bedAED 776K · Jan 2017
3061-bedAED 740K · Feb 2026
3071-bedAED 670K · Jan 2024
1–7 of 14

313, Platinum Residences 1 in numbers

  • Sold twice: first on 21 January 2018 for AED 764,873, last on 27 June 2019 for AED 515,000 (AED 585 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 65,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 12,300 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 27 June 2019.

Questions about 313, Platinum Residences 1

What did unit 313 last sell for?

AED 515,000 on 27 June 2019: AED 585 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 764,873 in January 2018.

What is the rent for unit 313?

AED 45,000 a year on the contract signed on 18 February 2019. The previous contract, from February 2018, was AED 55,000; the unit has been rented since February 2017.

How big is unit 313?

880 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 313 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 313, Platinum Residences 1

Starts from the last sale price (AED 515K, 27 June 2019). 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 →