701, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Platinum Residences 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 7th of 8
- Parking
- G-36
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 680K · January 2017
- Building
- Platinum Residences 1
About 701, Platinum Residences 1
701 is a one-bedroom apartment of 751 sqft on the 7th 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 January 2017 for AED 680,240, or AED 905 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 64,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 10,500 a year.
Sales and rents for 701 over time
701 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 701 sits
All 120 1-beds →701 last sold in January 2017 at AED 905 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 879). 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. 701's AED 64,000 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 7th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 751 sqft | AED 600KAED 600,000 · Mar 2024March 2024 | 31,000 /yr | |
| 703 | 1-bed | 730 sqft | AED 538KAED 538,000 · Feb 2022February 2022 | 75,000 /yr | |
| 704 | 1-bed | 838 sqft | AED 700KAED 700,000 · Nov 2017November 2017 | 65,000 /yr | |
| 705 | 1-bed | 834 sqft | AED 520KAED 520,000 · Nov 2019November 2019 | 45,000 /yr | |
| 706 | 1-bed | 730 sqft | AED 665KAED 664,805 · Dec 2016December 2016 | 60,000 /yr | |
| 707 | 1-bed | 969 sqft | AED 590KAED 590,000 · Aug 2023August 2023 | ||
| 708 | 1-bed | 1,017 sqft | AED 770KAED 770,000 · Jun 2024June 2024 | 48,000 /yr | |
| 709 | 1-bed | 858 sqft | AED 260KAED 260,000 · Nov 2019November 2019 | ||
| 710 | 1-bed | 876 sqft | AED 435KAED 435,000 · Sep 2020September 2020 | ||
| 711 | 1-bed | 856 sqft | AED 768KAED 768,108 · Nov 2016November 2016 | 30,000 /yr | |
| 712 | 1-bed | 862 sqft | AED 735KAED 735,000 · Apr 2025April 2025 | 65,000 /yr | |
| 713 | 1-bed | 880 sqft | AED 769KAED 768,811 · Feb 2017February 2017 | 60,000 /yr | |
| 714 | 1-bed | 862 sqft | AED 753KAED 753,207 · Jan 2017January 2017 | 60,000 /yr | |
| 715 | 1-bed | 1,061 sqft | AED 904KAED 903,675 · Sep 2017September 2017 | 55,000 /yr |
701, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 11 January 2017 for AED 680,240, or AED 905 per sqft.
- Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 33,000 in 2021 and recovered to AED 64,000 by February 2026.
- At AED 64,000 a year the gross yield on the 2017 price is 9.4%, 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 1 February 2026.
Questions about 701, Platinum Residences 1
What did unit 701 last sell for?
AED 680,240 on 11 January 2017, sold by the developer: AED 905 per sqft for 751 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 64,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 64,000; the unit has been rented since March 2019.
How big is unit 701?
751 sqft (69.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 701 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 701, Platinum Residences 1
Starts from the last sale price (AED 680K, 11 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 680,240
- Deposit, UAE resident (20%)
- AED 136,048
- Deposit, non-resident (40%)
- AED 272,096
- Monthly over 25 years at 3.7%
- AED 2,783
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →