1-bed · 876 sqftPlatinum Residences 1, Dubai Silicon Oasis · 8th floor · completed 2015

810, Platinum Residences 1

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

Unit 810 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 500K30 January 2020
Current rentAED 37K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 810, Platinum Residences 1

What is 810 worth today?

Last sold for AED 500,000 in 2020

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1 Nov 2021RentedRenewal
AED 37,000/yr12 months · AED 42 per sqft
1 Nov 2020RentedNew contract
AED 37,000/yr12 months · AED 42 per sqft
30 Jan 2020SoldReady
AED 500,000AED 571 per sqft
30 Jun 2019RentedRenewal
AED 54,696/yr12 months · AED 63 per sqft
1 Jul 2018RentedRenewal
AED 55,153/yr12 months · AED 63 per sqft
1 Jul 2017RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
25 Jun 2015Sold by developerOff-plan
AED 776,820AED 887 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
8th of 8
Parking
G-112
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,200 /yr
Last sold
AED 500K · January 2020

About 810, Platinum Residences 1

810 is a one-bedroom apartment of 876 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 30 January 2020 for AED 500,000, or AED 571 per sqft, 3% below the AED 590 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 37,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 12,200 a year.

Sales and rents for 810 over time

Sales
Unit 810, 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, June 2015: AED 776,820 (AED 887 per sqft)Sold, January 2020: AED 500,000 (AED 571 per sqft)

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

Rents
Unit 810, 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, July 2017: AED 65,000 a yearRenewal, July 2018: AED 55,153 a yearRenewal, June 2019: AED 54,696 a yearNew contract, November 2020: AED 37,000 a yearRenewal, November 2021: AED 37,000 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 810 sits

All 120 1-beds →

810 last sold in January 2020 at AED 571 per sqft, 3% below what one-beds in Platinum Residences 1 were fetching at the time (AED 590). 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. 810's AED 37,000 is in the lower 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
8011-bedAED 750K · Oct 2015
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
1–7 of 14

810, Platinum Residences 1 in numbers

  • Sold twice: first on 25 June 2015 for AED 776,820, last on 30 January 2020 for AED 500,000 (AED 571 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 65,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 12,200 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 1 November 2021.

Questions about 810, Platinum Residences 1

What did unit 810 last sell for?

AED 500,000 on 30 January 2020: AED 571 per sqft for 876 sqft. The unit has 2 registered sales; the first was AED 776,820 in June 2015.

What is the rent for unit 810?

AED 37,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 37,000; the unit has been rented since July 2017.

How big is unit 810?

876 sqft (81.4 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 810 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 810, Platinum Residences 1

Starts from the last sale price (AED 500K, 30 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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