1-bed · 880 sqftPlatinum Residences 1, Dubai Silicon Oasis · 4th floor · completed 2015

413, Platinum Residences 1

Sold prices and rental history: sold twice, last in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 11 January 2017
Last soldAED 829K11 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Platinum Residences 1

What is 413 worth today?

Last sold for AED 829,163 in 2017

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11 Jan 2017Sold by developerOff-plan
AED 829,163AED 942 per sqft
11 Jan 2017SoldOff-plan
AED 700,000AED 795 per sqft

Source: Dubai Land Department. Updated 11 January 2017.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
4th of 8
Parking
G-119
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,300 /yr
Last sold
AED 829K · January 2017

About 413, Platinum Residences 1

413 is a one-bedroom apartment of 880 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 11 January 2017 for AED 829,163, or AED 942 per sqft, 7% above the AED 879 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 413 over time

Sales
Unit 413, 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, January 2017: AED 829,163 (AED 942 per sqft)Sold, January 2017: AED 700,000 (AED 795 per sqft)

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

Rents
Unit 413, 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 60,000

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 413 sits

All 120 1-beds →

413 last sold in January 2017 at AED 942 per sqft, 7% above what one-beds in Platinum Residences 1 were fetching at the time (AED 879). 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 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
4011-bedAED 490K · Oct 2021
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
1–7 of 14

413, Platinum Residences 1 in numbers

  • Sold twice: first on 11 January 2017 for AED 700,000, last on 11 January 2017 for AED 829,163 (AED 942 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 11 January 2017.

Questions about 413, Platinum Residences 1

What did unit 413 last sell for?

AED 829,163 on 11 January 2017, sold by the developer: AED 942 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 700,000 in January 2017.

How big is unit 413?

880 sqft (81.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 413 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 413, Platinum Residences 1

Starts from the last sale price (AED 829K, 11 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 829,163
Deposit, UAE resident (20%)
AED 165,833
Deposit, non-resident (40%)
AED 331,665
Monthly over 25 years at 3.7%
AED 3,392

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