406, 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 406, Platinum Residences 1
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 730 sqft
- Floor
- 4th of 8
- Parking
- G-8
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,200 /yr
- Last sold
- AED 641K · October 2017
- Building
- Platinum Residences 1
About 406, Platinum Residences 1
406 is a one-bedroom apartment of 730 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 29 October 2017 for AED 640,615, or AED 877 per sqft, in line with the AED 878 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 46,085 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 10,200 a year.
Sales and rents for 406 over time
406 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 406 sits
All 120 1-beds →406 last sold in October 2017 at AED 877 per sqft, in line with 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. 406's AED 46,085 is in the lower 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 | |
| 405 | 1-bed | 834 sqft | AED 781KAED 780,967 · Oct 2017October 2017 | 55,000 /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 |
406, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 29 October 2017 for AED 640,615, or AED 877 per sqft.
- Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2021 and recovered to AED 46,085 by June 2025.
- At AED 46,085 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 10,200 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 2025.
Questions about 406, Platinum Residences 1
What did unit 406 last sell for?
AED 640,615 on 29 October 2017, sold by the developer: AED 877 per sqft for 730 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 46,085 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 43,890; the unit has been rented since December 2017.
How big is unit 406?
730 sqft (67.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Platinum Residences 1
Starts from the last sale price (AED 641K, 29 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 640,615
- Deposit, UAE resident (20%)
- AED 128,123
- Deposit, non-resident (40%)
- AED 256,246
- Monthly over 25 years at 3.7%
- AED 2,621
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →