514, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Platinum Residences 1
What is 514 worth today?
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Source: Dubai Land Department. Updated 19 October 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 862 sqft
- Floor
- 5th of 8
- Parking
- G-102
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,000 /yr
- Last sold
- AED 811K · October 2015
- Building
- Platinum Residences 1
About 514, Platinum Residences 1
514 is a one-bedroom apartment of 862 sqft on the 5th 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 19 October 2015 for AED 810,792, or AED 941 per sqft, in line with the AED 935 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 514 over time
514 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 514 sits
All 120 1-beds →514 last sold in October 2015 at AED 941 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 935). 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 | 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 5th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 751 sqft | AED 730KAED 729,739 · Feb 2017February 2017 | 42,000 /yr | |
| 502 | 1-bed | 751 sqft | AED 600KAED 600,000 · Aug 2026August 2026 | 34,000 /yr | |
| 503 | 1-bed | 730 sqft | AED 761KAED 760,591 · Sep 2015September 2015 | 35,000 /yr | |
| 504 | 1-bed | 838 sqft | AED 500KAED 500,000 · May 2019May 2019 | 65,000 /yr | |
| 505 | 1-bed | 834 sqft | AED 780KAED 780,000 · Oct 2025October 2025 | 58,000 /yr | |
| 506 | 1-bed | 730 sqft | AED 707KAED 707,222 · Dec 2016December 2016 | 62,000 /yr | |
| 507 | 1-bed | 890 sqft | AED 670KAED 670,000 · Apr 2024April 2024 | 45,000 /yr | |
| 508 | 1-bed | 943 sqft | AED 600KAED 600,000 · Aug 2023August 2023 | 58,000 /yr | |
| 509 | 1-bed | 858 sqft | AED 754KAED 753,613 · Oct 2017October 2017 | 46,200 /yr | |
| 510 | 1-bed | 876 sqft | AED 835KAED 835,000 · Jan 2026January 2026 | 48,500 /yr | |
| 511 | 1-bed | 856 sqft | AED 796KAED 796,178 · Jun 2015June 2015 | 37,000 /yr | |
| 512 | 1-bed | 862 sqft | AED 495KAED 495,000 · Apr 2022April 2022 | 57,000 /yr | |
| 513 | 1-bed | 880 sqft | AED 715KAED 715,000 · Jan 2025January 2025 | 65,000 /yr | |
| 515 | 1-bed | 945 sqft | AED 888KAED 888,000 · Feb 2017February 2017 |
514, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 19 October 2015 for AED 810,792, or AED 941 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 19 October 2015.
Questions about 514, Platinum Residences 1
What did unit 514 last sell for?
AED 810,792 on 19 October 2015, sold by the developer: AED 941 per sqft for 862 sqft. It is the only registered sale of the unit.
How big is unit 514?
862 sqft (80.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 514 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 514? Put it on the OpenOffers board
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Mortgage on 514, Platinum Residences 1
Starts from the last sale price (AED 811K, 19 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 810,792
- Deposit, UAE resident (20%)
- AED 162,158
- Deposit, non-resident (40%)
- AED 324,317
- Monthly over 25 years at 3.7%
- AED 3,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →