1-bed · 1,061 sqftPlatinum Residences 1, Dubai Silicon Oasis · 7th floor · completed 2015

715, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 904K11 September 2017
Current rentAED 55K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Platinum Residences 1

What is 715 worth today?

Last sold for AED 903,675 in 2017

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20 Oct 2026RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
20 Oct 2025RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
20 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 47 per sqft
20 Oct 2023RentedNew contract
AED 47,000/yr12 months · AED 44 per sqft
20 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
10 Oct 2021RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
10 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
11 Sep 2017Sold by developerReady
AED 903,675AED 851 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
1,061 sqft
Floor
7th of 8
Parking
G-121
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 14,800 /yr
Last sold
AED 904K · September 2017

About 715, Platinum Residences 1

715 is a one-bedroom apartment of 1,061 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 September 2017 for AED 903,675, or AED 851 per sqft, in line with the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 55,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 14,800 a year.

Sales and rents for 715 over time

Sales
Unit 715, each saleTypical one-bed in Platinum Residences 1
500K750K20152018202120242027Typical 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, September 2017: AED 903,675 (AED 851 per sqft)

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

Rents
Unit 715, 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, October 2020: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearNew contract, October 2022: AED 45,000 a yearNew contract, October 2023: AED 47,000 a yearRenewal, October 2024: AED 50,000 a yearRenewal, October 2025: AED 55,000 a yearRenewal, October 2026: AED 55,000 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 715 sits

All 120 1-beds →

715 last sold in September 2017 at AED 851 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 877). 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. 715's AED 55,000 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 7th floor

All 120 units in Platinum Residences 1
Value
7011-bedAED 680K · Jan 2017
7021-bedAED 600K · Mar 2024
7031-bedAED 538K · Feb 2022
7041-bedAED 700K · Nov 2017
7051-bedAED 520K · Nov 2019
7061-bedAED 665K · Dec 2016
7071-bedAED 590K · Aug 2023
1–7 of 14

715, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 11 September 2017 for AED 903,675, or AED 851 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 14,800 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 October 2026.

Questions about 715, Platinum Residences 1

What did unit 715 last sell for?

AED 903,675 on 11 September 2017, sold by the developer: AED 851 per sqft for 1,061 sqft. It is the only registered sale of the unit.

What is the rent for unit 715?

AED 55,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 55,000; the unit has been rented since October 2020.

How big is unit 715?

1,061 sqft (98.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit 715 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 715, Platinum Residences 1

Starts from the last sale price (AED 904K, 11 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 903,675
Deposit, UAE resident (20%)
AED 180,735
Deposit, non-resident (40%)
AED 361,470
Monthly over 25 years at 3.7%
AED 3,697

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