1-bed · 890 sqftPlatinum Residences 1, Dubai Silicon Oasis · 6th floor · completed 2015

607, Platinum Residences 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 640K26 March 2024
Current rentAED 68K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Platinum Residences 1

What is 607 worth today?

Last sold for AED 640,000 in 2024

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20 Jun 2025RentedNew contract
AED 68,000/yr12 months · AED 76 per sqft
20 Jun 2025RentedNew contract
AED 68,000/yr12 months · AED 76 per sqft
14 Jun 2024RentedNew contract
AED 54,000/yr12 months · AED 61 per sqft
14 Jun 2024RentedNew contract
AED 54,000/yr12 months · AED 61 per sqft
26 Mar 2024SoldReady
AED 640,000AED 719 per sqft
15 Jun 2023RentedNew contract
AED 52,000/yr12 months · AED 58 per sqft
1 May 2022RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
1 Apr 2019RentedNew contract
AED 52,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
6th of 8
Parking
G-81
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,400 /yr
Last sold
AED 640K · March 2024

About 607, Platinum Residences 1

607 is a one-bedroom apartment of 890 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 26 March 2024 for AED 640,000, or AED 719 per sqft, 7% above the AED 670 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 20 June 2025, is AED 68,000 a year: a gross yield of 10.6% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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 2019: AED 813,055 (AED 913 per sqft)Sold, March 2024: AED 640,000 (AED 719 per sqft)

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

Rents
Unit 607, 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, January 2017: AED 70,000 a yearNew contract, April 2018: AED 68,000 a yearNew contract, April 2019: AED 52,000 a yearNew contract, May 2022: AED 40,000 a yearNew contract, June 2023: AED 52,000 a yearNew contract, June 2024: AED 54,000 a yearNew contract, June 2024: AED 54,000 a yearNew contract, June 2025: AED 68,000 a yearNew contract, June 2025: AED 68,000 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 607 sits

All 120 1-beds →

607 last sold in March 2024 at AED 719 per sqft, 7% above what one-beds in Platinum Residences 1 were fetching at the time (AED 670). 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. 607's AED 68,000 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
6051-bedAED 530K · Nov 2022
6061-bedAED 710K · Apr 2017
6081-bedAED 836K · Jul 2016
1–7 of 14

607, Platinum Residences 1 in numbers

  • Sold twice: first on 8 January 2019 for AED 813,055, last on 26 March 2024 for AED 640,000 (AED 719 per sqft).
  • Rented since January 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2022 and recovered to AED 68,000 by June 2025.
  • At AED 68,000 a year the gross yield on the 2024 price is 10.6%, before a service charge of about AED 12,400 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 June 2025.

Questions about 607, Platinum Residences 1

What did unit 607 last sell for?

AED 640,000 on 26 March 2024: AED 719 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 813,055 in January 2019.

What is the rent for unit 607?

AED 68,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2025, was AED 68,000; the unit has been rented since January 2017.

How big is unit 607?

890 sqft (82.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 607 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 607, Platinum Residences 1

Starts from the last sale price (AED 640K, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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