601, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Platinum Residences 1
What is 601 worth today?
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Source: Dubai Land Department. Updated 20 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 6th of 8
- Parking
- G-35
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 740K · January 2017
- Building
- Platinum Residences 1
About 601, Platinum Residences 1
601 is a one-bedroom apartment of 751 sqft on the 6th 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 9 January 2017 for AED 740,000, or AED 985 per sqft, 12% above the AED 883 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 20 January 2025, is AED 50,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 10,500 a year.
Sales and rents for 601 over time
601 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 601 sits
All 120 1-beds →601 last sold in January 2017 at AED 985 per sqft, 12% above what one-beds in Platinum Residences 1 were fetching at the time (AED 883). 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. 601's AED 50,000 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 6th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 751 sqft | AED 700KAED 700,000 · Oct 2017October 2017 | 67,000 /yr | |
| 603 | 1-bed | 730 sqft | AED 710KAED 710,000 · Jun 2025June 2025 | 50,000 /yr | |
| 604 | 1-bed | 838 sqft | AED 805KAED 805,000 · Feb 2017February 2017 | 48,000 /yr | |
| 605 | 1-bed | 834 sqft | AED 530KAED 530,000 · Nov 2022November 2022 | 60,000 /yr | |
| 606 | 1-bed | 730 sqft | AED 710KAED 710,000 · Apr 2017April 2017 | 64,000 /yr | |
| 607 | 1-bed | 890 sqft | AED 640KAED 640,000 · Mar 2024March 2024 | 68,000 /yr | |
| 608 | 1-bed | 943 sqft | AED 836KAED 835,660 · Jul 2016July 2016 | ||
| 609 | 1-bed | 858 sqft | AED 725KAED 725,000 · Sep 2025September 2025 | 65,000 /yr | |
| 610 | 1-bed | 876 sqft | AED 770KAED 770,417 · Dec 2016December 2016 | 65,000 /yr | |
| 611 | 1-bed | 856 sqft | AED 825KAED 825,000 · Jun 2017June 2017 | 48,000 /yr | |
| 612 | 1-bed | 862 sqft | AED 822KAED 822,478 · Nov 2016November 2016 | 60,000 /yr | |
| 613 | 1-bed | 880 sqft | AED 585KAED 585,000 · Dec 2023December 2023 | 62,000 /yr | |
| 614 | 1-bed | 862 sqft | AED 560KAED 560,000 · Jul 2022July 2022 | 63,000 /yr | |
| 615 | 1-bed | 945 sqft | AED 913KAED 912,594 · Jan 2018January 2018 | 67,000 /yr |
601, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 9 January 2017 for AED 740,000, or AED 985 per sqft.
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2023 and recovered to AED 50,000 by January 2025.
- At AED 50,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 10,500 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 20 January 2025.
Questions about 601, Platinum Residences 1
What did unit 601 last sell for?
AED 740,000 on 9 January 2017, sold by the developer: AED 985 per sqft for 751 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 50,000 a year on the contract renewed on 20 January 2025. The previous contract, from January 2025, was AED 50,000; the unit has been rented since January 2018.
How big is unit 601?
751 sqft (69.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 601 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 601, Platinum Residences 1
Starts from the last sale price (AED 740K, 9 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →