405, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in October 2017, 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 405, Platinum Residences 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 4th of 8
- Parking
- G-44
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,600 /yr
- Last sold
- AED 781K · October 2017
- Building
- Platinum Residences 1
About 405, Platinum Residences 1
405 is a one-bedroom apartment of 834 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. The developer sold it on 17 October 2017 for AED 780,967, or AED 936 per sqft, 7% above the AED 878 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 May 2026, is AED 55,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 11,600 a year.
Sales and rents for 405 over time
405 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 405 sits
All 120 1-beds →405 last sold in October 2017 at AED 936 per sqft, 7% above what one-beds in Platinum Residences 1 were fetching at the time (AED 878). 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. 405's AED 55,000 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 4th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 751 sqft | AED 490KAED 490,000 · Oct 2021October 2021 | 54,000 /yr | |
| 402 | 1-bed | 751 sqft | AED 585KAED 585,000 · Aug 2019August 2019 | 60,000 /yr | |
| 403 | 1-bed | 730 sqft | AED 758KAED 757,589 · Sep 2015September 2015 | 45,830 /yr | |
| 404 | 1-bed | 838 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 65,000 /yr | |
| 406 | 1-bed | 730 sqft | AED 641KAED 640,615 · Oct 2017October 2017 | 46,085 /yr | |
| 407 | 1-bed | 890 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | ||
| 408 | 1-bed | 943 sqft | AED 770KAED 770,000 · Apr 2017April 2017 | 43,000 /yr | |
| 409 | 1-bed | 858 sqft | AED 750KAED 750,492 · Dec 2016December 2016 | 43,000 /yr | |
| 410 | 1-bed | 876 sqft | AED 781KAED 781,428 · Aug 2015August 2015 | 60,000 /yr | |
| 411 | 1-bed | 856 sqft | AED 793KAED 792,881 · Jun 2015June 2015 | 51,000 /yr | |
| 412 | 1-bed | 862 sqft | AED 680KAED 679,628 · Apr 2026April 2026 | 63,000 /yr | |
| 413 | 1-bed | 880 sqft | AED 700KAED 700,000 · Jan 2017January 2017 | ||
| 414 | 1-bed | 862 sqft | AED 807KAED 807,467 · May 2015May 2015 | 50,940 /yr | |
| 415 | 1-bed | 945 sqft | AED 920KAED 920,000 · Oct 2025October 2025 | 65,000 /yr |
405, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 17 October 2017 for AED 780,967, or AED 936 per sqft.
- Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 34,000 in 2020 and recovered to AED 55,000 by May 2026.
- At AED 55,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 11,600 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 25 May 2026.
Questions about 405, Platinum Residences 1
What did unit 405 last sell for?
AED 780,967 on 17 October 2017, sold by the developer: AED 936 per sqft for 834 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 55,000 a year on the contract signed on 25 May 2026. The previous contract, from December 2021, was AED 36,000; the unit has been rented since October 2017.
How big is unit 405?
834 sqft (77.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 405 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 405, Platinum Residences 1
Starts from the last sale price (AED 781K, 17 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 780,967
- Deposit, UAE resident (20%)
- AED 156,193
- Deposit, non-resident (40%)
- AED 312,387
- Monthly over 25 years at 3.7%
- AED 3,195
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →