1-bed · 943 sqftPlatinum Residences 1, Dubai Silicon Oasis · 6th floor · completed 2015

608, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 11 July 2016
Last soldAED 836K11 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Platinum Residences 1

What is 608 worth today?

Last sold for AED 835,660 in 2016

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11 Jul 2016Sold by developerOff-plan
AED 835,660AED 886 per sqft

Source: Dubai Land Department. Updated 11 July 2016.

Key facts

Type
1-bed apartment
Size
943 sqft
Floor
6th of 8
Parking
G-96
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 13,200 /yr
Last sold
AED 836K · July 2016

About 608, Platinum Residences 1

608 is a one-bedroom apartment of 943 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 11 July 2016 for AED 835,660, or AED 886 per sqft, 6% below the AED 941 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 608 over time

Sales
Unit 608, 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, July 2016: AED 835,660 (AED 886 per sqft)

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

Rents
Unit 608, 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 60,000

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 608 sits

All 120 1-beds →

608 last sold in July 2016 at AED 886 per sqft, 6% below what one-beds in Platinum Residences 1 were fetching at the time (AED 941). 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 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
6071-bedAED 640K · Mar 2024
1–7 of 14

608, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 11 July 2016 for AED 835,660, or AED 886 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 11 July 2016.

Questions about 608, Platinum Residences 1

What did unit 608 last sell for?

AED 835,660 on 11 July 2016, sold by the developer: AED 886 per sqft for 943 sqft. It is the only registered sale of the unit.

How big is unit 608?

943 sqft (87.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 608 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 608, Platinum Residences 1

Starts from the last sale price (AED 836K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 835,660
Deposit, UAE resident (20%)
AED 167,132
Deposit, non-resident (40%)
AED 334,264
Monthly over 25 years at 3.7%
AED 3,419

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