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Studio · 422 sqftPlatinum One, Arjan · 1st floor · completed 2013

114, Platinum One

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 317K22 June 2016
Current rentAED 45K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Platinum One

What is 114 worth today?

Last sold for AED 316,538 in 2016

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14 Mar 2024RentedRenewal
AED 45,000/yr12 months · AED 107 per sqft
14 Mar 2023RentedRenewal
AED 39,600/yr12 months · AED 94 per sqft
14 Mar 2022RentedNew contract
AED 37,200/yr12 months · AED 88 per sqft
12 Sep 2020RentedNew contract
AED 34,800/yr12 months · AED 82 per sqft
27 Dec 2016RentedNew contract
AED 66,000/yr12 months · AED 156 per sqft
22 Jun 2016Sold by developerReady
AED 316,538AED 749 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
1st of 8
Parking
B2-20
Developer
ACW Holding
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 317K · June 2016
Building
Platinum One

About 114, Platinum One

114 is a studio of 422 sqft on the 1st floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 22 June 2016 for AED 316,538, or AED 749 per sqft, 22% below the AED 963 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 14 March 2024, is AED 45,000 a year: a gross yield of 14.2% on the 2016 price, before the service charge of about AED 8,600 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical studio in Platinum One
200K400K600K2009201420192024Typical sale price by year: 2009 AED 591,553; 2010 AED 625,677; 2014 AED 327,954; 2015 AED 609,273; 2016 AED 316,538; 2017 AED 300,000; 2019 AED 250,000; 2023 AED 233,615; 2024 AED 252,500; 2025 AED 270,000Sold by developer, June 2016: AED 316,538 (AED 749 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in Platinum One
40K60K2014201820222026Typical rent by year: 2014 AED 65,940; 2015 AED 68,970; 2016 AED 68,400; 2017 AED 66,000; 2018 AED 59,400; 2019 AED 51,000; 2020 AED 39,600; 2021 AED 39,600; 2022 AED 39,600; 2023 AED 45,000; 2024 AED 49,200; 2025 AED 52,800; 2026 AED 56,400New contract, December 2016: AED 66,000 a yearNew contract, September 2020: AED 34,800 a yearNew contract, March 2022: AED 37,200 a yearRenewal, March 2023: AED 39,600 a yearRenewal, March 2024: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Platinum One, and where 114 sits

All 213 studios →

114 last sold in June 2016 at AED 749 per sqft, 22% below what studios in Platinum One were fetching at the time (AED 963). Over the last 12 months studios sold for AED 323,000, around AED 654 per sqft, and rent for AED 49,200 to 68,400 a year. 114's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Apr 2025300,000
15 Apr 2025270,000
7 Mar 2025260,000
6 Jan 2025245,000
1 studio sale in the last 12 months

Platinum One

Building

279 apartments, studios to 2-bed over 8 floors in Arjan, completed in 2013 by ACW Holding. 1 sold in the last 12 months.

Typical price per sqft
AED 654
Typical sale
AED 323K
Typical rent
AED 57K /yr
Typical yield
18.9%
Platinum One, Arjan: prices, sales and rents →

Other units on the 1st floor

All 279 units in Platinum One
Value
1011-bedAED 572K · Sep 2010
102StudioAED 568K · Jun 2009
103StudioAED 568K · Jun 2009
104StudioAED 234K · Jun 2023
105StudioAED 565K · Jun 2009
1061-bedAED 830K · Sep 2010
107StudioAED 583K · Jul 2009
1–7 of 42

114, Platinum One in numbers

  • Sold once: by ACW Holding on 22 June 2016 for AED 316,538, or AED 749 per sqft.
  • Rented since December 2016 on 5 Ejari contracts. The rent fell from AED 66,000 to AED 34,800 in 2020 and recovered to AED 45,000 by March 2024.
  • At AED 45,000 a year the gross yield on the 2016 price is 14.2%, before a service charge of about AED 8,600 a year (AED 20.43 per sqft).
  • Studios in Platinum One sold for AED 323,000–323,000 in the 12 months to November 2026; the building's median across all types is AED 654 per sqft.

Source: Dubai Land Department. Updated 14 March 2024.

Questions about 114, Platinum One

What did unit 114 last sell for?

AED 316,538 on 22 June 2016, sold by the developer: AED 749 per sqft for 422 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 45,000 a year on the contract renewed on 14 March 2024. The previous contract, from March 2023, was AED 39,600; the unit has been rented since December 2016.

How big is unit 114?

422 sqft (39.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2013.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Platinum One sold for AED 323,000 to 323,000 in the last 12 months, around AED 654 per sqft.

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Mortgage on 114, Platinum One

Starts from the last sale price (AED 317K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 316,538
Deposit, UAE resident (20%)
AED 63,308
Deposit, non-resident (40%)
AED 126,615
Monthly over 25 years at 3.7%
AED 1,295

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