1-bed · 834 sqftPlatinum Residences 1, Dubai Silicon Oasis · 6th floor · completed 2015

605, Platinum Residences 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 530K24 November 2022
Current rentAED 60K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Platinum Residences 1

What is 605 worth today?

Last sold for AED 530,000 in 2022

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15 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 72 per sqft
15 Aug 2025RentedRenewal
AED 58,000/yr12 months · AED 70 per sqft
15 Aug 2024RentedRenewal
AED 49,500/yr12 months · AED 60 per sqft
15 Aug 2023RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
24 Nov 2022SoldReady
AED 530,000AED 635 per sqft
15 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
7 Mar 2021RentedNew contract
AED 34,000/yr12 months · AED 41 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
6th of 8
Parking
G-50
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 11,600 /yr
Last sold
AED 530K · November 2022

About 605, Platinum Residences 1

605 is a one-bedroom apartment of 834 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. It last sold on 24 November 2022 for AED 530,000, or AED 635 per sqft, in line with the AED 635 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 60,000 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 769,574 (AED 922 per sqft)Sold, November 2022: AED 530,000 (AED 635 per sqft)

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

Rents
Unit 605, 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 60,000New contract, November 2017: AED 60,000 a yearRenewal, November 2018: AED 53,000 a yearNew contract, January 2020: AED 40,000 a yearNew contract, March 2021: AED 34,000 a yearNew contract, August 2022: AED 40,000 a yearRenewal, August 2023: AED 45,000 a yearRenewal, August 2024: AED 49,500 a yearRenewal, August 2025: AED 58,000 a yearRenewal, August 2026: AED 60,000 a year

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 605 sits

All 120 1-beds →

605 last sold in November 2022 at AED 635 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 635). 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. 605's AED 60,000 is in the upper half of that range.

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 6th floor

All 120 units in Platinum Residences 1
Value
6011-bedAED 740K · Jan 2017
6021-bedAED 700K · Oct 2017
6031-bedAED 710K · Jun 2025
6041-bedAED 805K · Feb 2017
6061-bedAED 710K · Apr 2017
6071-bedAED 640K · Mar 2024
6081-bedAED 836K · Jul 2016
1–7 of 14

605, Platinum Residences 1 in numbers

  • Sold twice: first on 26 January 2017 for AED 769,574, last on 24 November 2022 for AED 530,000 (AED 635 per sqft).
  • Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 11,600 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 15 August 2026.

Questions about 605, Platinum Residences 1

What did unit 605 last sell for?

AED 530,000 on 24 November 2022: AED 635 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 769,574 in January 2017.

What is the rent for unit 605?

AED 60,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 58,000; the unit has been rented since November 2017.

How big is unit 605?

834 sqft (77.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 605 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 605, Platinum Residences 1

Starts from the last sale price (AED 530K, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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