1-bed · 945 sqftPlatinum Residences 1, Dubai Silicon Oasis · 5th floor · completed 2015

515, Platinum Residences 1

Sold prices and rental history: sold twice, last in February 2017, 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 515 · DLD and Ejari recordsUpdated 22 February 2017

Last soldAED 888K22 February 2017

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 515, Platinum Residences 1

Today

What is 515 worth today?

Last sold for AED 888,000 in 2017

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22 Feb 2017

22 Feb 2017SoldReady

AED 888,000AED 940 per sqft

18 Oct 2016

18 Oct 2016Sold by developerOff-plan

AED 882,333AED 934 per sqft

Source: Dubai Land Department. Updated 22 February 2017.

Key facts

Type: 1-bed apartment
Size: 945 sqft
Floor: 5th of 8
Parking: G-107
Developer: Gulf General Investments Co
Completed: 2015
Service charge: AED 13,200 /yr
Last sold: AED 888K · February 2017
Building: Platinum Residences 1

About 515, Platinum Residences 1

515 is a one-bedroom apartment of 945 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. It last sold on 22 February 2017 for AED 888,000, or AED 940 per sqft, 5% above the AED 895 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales

Unit 515, each saleTypical one-bed in Platinum Residences 1

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

Rents

Unit 515, 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 515 sits

All 120 1-beds →

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

515 last sold in February 2017 at AED 940 per sqft, 5% above what one-beds in Platinum Residences 1 were fetching at the time (AED 895). 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 5th floor

All 120 units in Platinum Residences 1


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
514	1-bed	862 sqft	AED 811KAED 810,792 · Oct 2015October 2015

1–7 of 14

515, Platinum Residences 1 in numbers

Sold twice: first on 18 October 2016 for AED 882,333, last on 22 February 2017 for AED 888,000 (AED 940 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 22 February 2017.

Questions about 515, Platinum Residences 1

What did unit 515 last sell for?

AED 888,000 on 22 February 2017: AED 940 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 882,333 in October 2016.

How big is unit 515?

945 sqft (87.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 515 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 515, Platinum Residences 1

Starts from the last sale price (AED 888K, 22 February 2017). Switch to today's estimate once you have unlocked it.

Price: AED 888,000
Deposit, UAE resident (20%): AED 177,600
Deposit, non-resident (40%): AED 355,200
Monthly over 25 years at 3.7%: AED 3,633

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