803, Platinum Residences 1
Sold prices and rental history: sold twice, last in October 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Platinum Residences 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 18 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 730 sqft
- Floor
- 8th of 8
- Parking
- G-34
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,200 /yr
- Last sold
- AED 510K · October 2022
- Building
- Platinum Residences 1
About 803, Platinum Residences 1
803 is a one-bedroom apartment of 730 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. It last sold on 18 October 2022 for AED 510,000, or AED 698 per sqft, 14% above the AED 612 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 10 October 2019, is AED 46,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 10,200 a year.
Sales and rents for 803 over time
803 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 803 sits
All 120 1-beds →803 last sold in October 2022 at AED 698 per sqft, 14% above what one-beds in Platinum Residences 1 were fetching at the time (AED 612). 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. 803's AED 46,000 is in the lower 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 8th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 751 sqft | AED 750KAED 750,000 · Oct 2015October 2015 | 58,000 /yr | |
| 802 | 1-bed | 751 sqft | AED 760KAED 760,000 · Oct 2025October 2025 | 62,000 /yr | |
| 804 | 1-bed | 838 sqft | AED 500KAED 500,000 · Sep 2018September 2018 | 52,500 /yr | |
| 805 | 1-bed | 834 sqft | AED 560KAED 560,000 · Aug 2023August 2023 | 66,000 /yr | |
| 806 | 1-bed | 730 sqft | AED 700KAED 700,000 · Oct 2026October 2026 | 62,000 /yr | |
| 807 | 1-bed | 969 sqft | AED 850KAED 850,000 · Oct 2025October 2025 | 66,000 /yr | |
| 808 | 1-bed | 1,017 sqft | AED 780KAED 780,000 · Oct 2024October 2024 | 67,007 /yr | |
| 809 | 1-bed | 858 sqft | AED 1.03MAED 1,025,000 · Apr 2019April 2019 | 57,000 /yr | |
| 810 | 1-bed | 876 sqft | AED 500KAED 500,000 · Jan 2020January 2020 | 37,000 /yr | |
| 811 | 1-bed | 856 sqft | AED 650KAED 650,000 · Jun 2024June 2024 | 55,000 /yr | |
| 812 | 1-bed | 862 sqft | AED 700KAED 700,000 · Aug 2017August 2017 | 48,000 /yr | |
| 813 | 1-bed | 880 sqft | AED 690KAED 690,000 · Jun 2017June 2017 | 58,500 /yr | |
| 814 | 1-bed | 862 sqft | AED 363KAED 362,500 · Jun 2017June 2017 | 65,000 /yr | |
| 815 | 1-bed | 1,061 sqft | AED 478KAED 477,666 · Jan 2022January 2022 | 66,000 /yr |
803, Platinum Residences 1 in numbers
- Sold twice: first on 16 June 2016 for AED 708,284, last on 18 October 2022 for AED 510,000 (AED 698 per sqft).
- Rented since April 2018 on 2 Ejari contracts, from AED 60,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 10,200 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 18 October 2022.
Questions about 803, Platinum Residences 1
What did unit 803 last sell for?
AED 510,000 on 18 October 2022: AED 698 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 708,284 in June 2016.
What is the rent for unit 803?
AED 46,000 a year on the contract signed on 10 October 2019. The previous contract, from April 2018, was AED 60,000.
How big is unit 803?
730 sqft (67.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 803 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 803, Platinum Residences 1
Starts from the last sale price (AED 510K, 18 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →