1-bed · 890 sqftPlatinum Residences 1, Dubai Silicon Oasis · 4th floor · completed 2015

407, Platinum Residences 1

Sold prices and rental history: sold 3 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 407 · DLD and Ejari recordsUpdated 17 November 2023

Last soldAED 675K17 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 407, Platinum Residences 1

Today

What is 407 worth today?

Last sold for AED 675,000 in 2023

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17 Nov 2023

17 Nov 2023SoldReady

AED 675,000AED 758 per sqft

14 May 2017

14 May 2017SoldReady

AED 755,000AED 848 per sqft

13 Apr 2017

13 Apr 2017Sold by developerReady

AED 776,229AED 872 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type: 1-bed apartment
Size: 890 sqft
Floor: 4th of 8
Parking: G-90
Developer: Gulf General Investments Co
Completed: 2015
Service charge: AED 12,400 /yr
Last sold: AED 675K · November 2023
Building: Platinum Residences 1

About 407, Platinum Residences 1

407 is a one-bedroom apartment of 890 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 November 2023 for AED 675,000, or AED 758 per sqft, 19% above the AED 636 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales

Unit 407, each saleTypical one-bed in Platinum Residences 1

407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 407, each contractTypical one-bed in Platinum Residences 1

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 407 sits

All 120 1-beds →

1-beds in Platinum Residences 1 · last 12 months956 /sqft Platinum Residences 1 · all types956 /sqft

407 last sold in November 2023 at AED 758 per sqft, 19% above what one-beds in Platinum Residences 1 were fetching at the time (AED 636). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
406	1-bed	730 sqft	AED 641KAED 640,615 · Oct 2017October 2017	46,085 /yr
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

1–7 of 14

407, Platinum Residences 1 in numbers

Sold 3 times: first on 13 April 2017 for AED 776,229, last on 17 November 2023 for AED 675,000 (AED 758 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 17 November 2023.

Questions about 407, Platinum Residences 1

What did unit 407 last sell for?

AED 675,000 on 17 November 2023: AED 758 per sqft for 890 sqft. The unit has 3 registered sales; the first was AED 776,229 in April 2017.

How big is unit 407?

890 sqft (82.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 407 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 407, Platinum Residences 1

Starts from the last sale price (AED 675K, 17 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 675,000
Deposit, UAE resident (20%): AED 135,000
Deposit, non-resident (40%): AED 270,000
Monthly over 25 years at 3.7%: AED 2,762

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