1-bed · 751 sqftPlatinum Residences 1, Dubai Silicon Oasis · 8th floor · completed 2015

801, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 750K29 October 2015
Current rentAED 58K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Platinum Residences 1

What is 801 worth today?

Last sold for AED 750,000 in 2015

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1 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
10 Sep 2023RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
10 Sep 2022RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
25 Aug 2021RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
21 May 2020RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
1 May 2019RentedRenewal
AED 52,000/yr12 months · AED 69 per sqft
1 May 2018RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
1 Mar 2017RentedNew contract
AED 63,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
8th of 8
Parking
G-37
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 750K · October 2015

About 801, Platinum Residences 1

801 is a one-bedroom apartment of 751 sqft on the 8th 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 29 October 2015 for AED 750,000, or AED 998 per sqft, 7% above the AED 935 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 November 2024, is AED 58,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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, October 2015: AED 750,000 (AED 998 per sqft)

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

Rents
Unit 801, 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, March 2017: AED 63,000 a yearNew contract, May 2018: AED 58,000 a yearRenewal, May 2019: AED 52,000 a yearNew contract, May 2020: AED 40,000 a yearNew contract, August 2021: AED 35,000 a yearNew contract, September 2022: AED 44,000 a yearRenewal, September 2023: AED 48,000 a yearNew contract, November 2024: AED 58,000 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 801 sits

All 120 1-beds →

801 last sold in October 2015 at AED 998 per sqft, 7% above what one-beds in Platinum Residences 1 were fetching at the time (AED 935). 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. 801's AED 58,000 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 8th floor

All 120 units in Platinum Residences 1
Value
8021-bedAED 760K · Oct 2025
8031-bedAED 510K · Oct 2022
8041-bedAED 500K · Sep 2018
8051-bedAED 560K · Aug 2023
8061-bedAED 700K · Oct 2026
8071-bedAED 850K · Oct 2025
8081-bedAED 780K · Oct 2024
1–7 of 14

801, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 29 October 2015 for AED 750,000, or AED 998 per sqft.
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 63,000 to AED 35,000 in 2021 and recovered to AED 58,000 by November 2024.
  • At AED 58,000 a year the gross yield on the 2015 price is 7.7%, 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 November 2024.

Questions about 801, Platinum Residences 1

What did unit 801 last sell for?

AED 750,000 on 29 October 2015, sold by the developer: AED 998 per sqft for 751 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 58,000 a year on the contract signed on 1 November 2024. The previous contract, from September 2023, was AED 48,000; the unit has been rented since March 2017.

How big is unit 801?

751 sqft (69.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 801 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 801, Platinum Residences 1

Starts from the last sale price (AED 750K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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