1-bed · 751 sqftPlatinum Residences 1, Dubai Silicon Oasis · 4th floor · completed 2015

401, Platinum Residences 1

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 490K17 October 2021
Current rentAED 54K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Platinum Residences 1

What is 401 worth today?

Last sold for AED 490,000 in 2021

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5 Jan 2026RentedRenewal
AED 54,000/yr12 months · AED 73 per sqft
5 Jan 2023RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
5 Jan 2022RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
17 Oct 2021SoldReady
AED 490,000AED 652 per sqft
5 Jan 2021RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
30 Jun 2016Sold by developerOff-plan
AED 746,531AED 993 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
4th of 8
Parking
G-29
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 490K · October 2021

About 401, Platinum Residences 1

401 is a one-bedroom apartment of 751 sqft on the 4th 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 17 October 2021 for AED 490,000, or AED 652 per sqft, 9% above the AED 596 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 54,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2016: AED 746,531 (AED 993 per sqft)Sold, October 2021: AED 490,000 (AED 652 per sqft)

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

Rents
Unit 401, 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 2021: AED 38,000 a yearNew contract, January 2022: AED 40,000 a yearRenewal, January 2023: AED 42,000 a yearRenewal, January 2026: AED 54,000 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 401 sits

All 120 1-beds →

401 last sold in October 2021 at AED 652 per sqft, 9% above what one-beds in Platinum Residences 1 were fetching at the time (AED 596). 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. 401's AED 54,000 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 4th floor

All 120 units in Platinum Residences 1
Value
4021-bedAED 585K · Aug 2019
4031-bedAED 758K · Sep 2015
4041-bedAED 750K · Mar 2025
4051-bedAED 781K · Oct 2017
4061-bedAED 641K · Oct 2017
4071-bedAED 675K · Nov 2023
4081-bedAED 770K · Apr 2017
1–7 of 14

401, Platinum Residences 1 in numbers

  • Sold twice: first on 30 June 2016 for AED 746,531, last on 17 October 2021 for AED 490,000 (AED 652 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 38,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2021 price is 11.0%, before a service charge of about AED 10,500 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 5 January 2026.

Questions about 401, Platinum Residences 1

What did unit 401 last sell for?

AED 490,000 on 17 October 2021: AED 652 per sqft for 751 sqft. The unit has 2 registered sales; the first was AED 746,531 in June 2016.

What is the rent for unit 401?

AED 54,000 a year on the contract renewed on 5 January 2026. The previous contract, from January 2023, was AED 42,000; the unit has been rented since January 2021.

How big is unit 401?

751 sqft (69.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 401 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 401, Platinum Residences 1

Starts from the last sale price (AED 490K, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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