613, Platinum Residences 1
Sold prices and rental history: sold twice, last in December 2023, 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 613, Platinum Residences 1
What is 613 worth today?
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Source: Dubai Land Department. Updated 16 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 6th of 8
- Parking
- G-91
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,300 /yr
- Last sold
- AED 585K · December 2023
- Building
- Platinum Residences 1
About 613, Platinum Residences 1
613 is a one-bedroom apartment of 880 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 11 December 2023 for AED 585,000, or AED 665 per sqft, in line with the AED 647 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 16 April 2025, is AED 62,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 613 over time
613 has sold twice; 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 613 sits
All 120 1-beds →613 last sold in December 2023 at AED 665 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 647). 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. 613's AED 62,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 751 sqft | AED 740KAED 740,000 · Jan 2017January 2017 | 50,000 /yr | |
| 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 | |
| 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 |
613, Platinum Residences 1 in numbers
- Sold twice: first on 15 March 2017 for AED 748,052, last on 11 December 2023 for AED 585,000 (AED 665 per sqft).
- Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 32,000 in 2021 and recovered to AED 62,000 by April 2025.
- At AED 62,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 12,300 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 16 April 2025.
Questions about 613, Platinum Residences 1
What did unit 613 last sell for?
AED 585,000 on 11 December 2023: AED 665 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 748,052 in March 2017.
What is the rent for unit 613?
AED 62,000 a year on the contract signed on 16 April 2025. The previous contract, from April 2025, was AED 62,000; the unit has been rented since August 2018.
How big is unit 613?
880 sqft (81.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 613 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 613, Platinum Residences 1
Starts from the last sale price (AED 585K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →