315, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in June 2015, 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 315, Platinum Residences 1
What is 315 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 945 sqft
- Floor
- 3rd of 8
- Parking
- G-114
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 13,200 /yr
- Last sold
- AED 854K · June 2015
- Building
- Platinum Residences 1
About 315, Platinum Residences 1
315 is a one-bedroom apartment of 945 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 24 June 2015 for AED 854,073, or AED 904 per sqft, 3% below the AED 935 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 June 2024, is AED 60,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 13,200 a year.
Sales and rents for 315 over time
315 has sold once; 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 315 sits
All 120 1-beds →315 last sold in June 2015 at AED 904 per sqft, 3% below what one-beds in Platinum Residences 1 were fetching at the time (AED 935). 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. 315'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 | |
| 311 | 1-bed | 856 sqft | AED 515KAED 515,000 · Feb 2023February 2023 | 60,000 /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, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 24 June 2015 for AED 854,073, or AED 904 per sqft.
- Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 36,000 in 2021 and recovered to AED 60,000 by June 2024.
- At AED 60,000 a year the gross yield on the 2015 price is 7.0%, 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 1 June 2024.
Questions about 315, Platinum Residences 1
What did unit 315 last sell for?
AED 854,073 on 24 June 2015, sold by the developer: AED 904 per sqft for 945 sqft. It is the only registered sale of the unit.
What is the rent for unit 315?
AED 60,000 a year on the contract signed on 1 June 2024. The previous contract, from May 2023, was AED 42,900; the unit has been rented since December 2017.
How big is unit 315?
945 sqft (87.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 315 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 315, Platinum Residences 1
Starts from the last sale price (AED 854K, 24 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 854,073
- Deposit, UAE resident (20%)
- AED 170,815
- Deposit, non-resident (40%)
- AED 341,629
- Monthly over 25 years at 3.7%
- AED 3,494
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →