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Studio · 385 sqftPlatinum One, Arjan · 1st floor · completed 2013

131, Platinum One

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 131 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 550K11 June 2009
Current rentAED 50K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 131, Platinum One

What is 131 worth today?

Last sold for AED 550,206 in 2009

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1 Sep 2024RentedRenewal
AED 50,400/yr12 months · AED 131 per sqft
1 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 117 per sqft
1 Sep 2021RentedNew contract
AED 39,600/yr12 months · AED 103 per sqft
14 May 2019RentedNew contract
AED 51,000/yr12 months · AED 133 per sqft
15 Dec 2018RentedNew contract
AED 51,000/yr12 months · AED 133 per sqft
28 Nov 2017RentedNew contract
AED 54,000/yr12 months · AED 140 per sqft
1 Oct 2014RentedNew contract
AED 72,000/yr12 months · AED 187 per sqft
11 Jun 2009Sold by developerOff-plan
AED 550,206AED 1,429 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
1st of 8
Parking
B2-37
Developer
ACW Holding
Completed
2013
Service charge
AED 7,900 /yr
Last sold
AED 550K · June 2009
Building
Platinum One

About 131, Platinum One

131 is a studio of 385 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 11 June 2009 for AED 550,206, or AED 1,429 per sqft, 3% above the AED 1,381 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 50,400 a year: a gross yield of 9.2% on the 2009 price, before the service charge of about AED 7,900 a year.

Sales and rents for 131 over time

Sales
Unit 131, 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 2009: AED 550,206 (AED 1,429 per sqft)

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

Rents
Unit 131, 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, October 2014: AED 72,000 a yearNew contract, November 2017: AED 54,000 a yearNew contract, December 2018: AED 51,000 a yearNew contract, May 2019: AED 51,000 a yearNew contract, September 2021: AED 39,600 a yearRenewal, September 2023: AED 45,000 a yearRenewal, September 2024: AED 50,400 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 131 sits

All 213 studios →

131 last sold in June 2009 at AED 1,429 per sqft, 3% above what studios in Platinum One were fetching at the time (AED 1,381). 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. 131's AED 50,400 is in the lower half 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

131, Platinum One in numbers

  • Sold once: by ACW Holding on 11 June 2009 for AED 550,206, or AED 1,429 per sqft.
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 39,600 in 2021 and recovered to AED 50,400 by September 2024.
  • At AED 50,400 a year the gross yield on the 2009 price is 9.2%, before a service charge of about AED 7,900 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 1 September 2024.

Questions about 131, Platinum One

What did unit 131 last sell for?

AED 550,206 on 11 June 2009, sold by the developer: AED 1,429 per sqft for 385 sqft. It is the only registered sale of the unit.

What is the rent for unit 131?

AED 50,400 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 45,000; the unit has been rented since October 2014.

How big is unit 131?

385 sqft (35.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2013.

What is unit 131 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 131, Platinum One

Starts from the last sale price (AED 550K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 550,206
Deposit, UAE resident (20%)
AED 110,041
Deposit, non-resident (40%)
AED 220,082
Monthly over 25 years at 3.7%
AED 2,251

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