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1-bed · 435 sqftPlatinum One, Arjan · 2nd floor · completed 2013

224, Platinum One

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 17 January 2022
Last soldAED 727K8 June 2009
Current rentAED 40K /yr17 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Platinum One

What is 224 worth today?

Last sold for AED 726,853 in 2009

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17 Jan 2022RentedNew contract
AED 39,600/yr12 months · AED 91 per sqft
15 Jan 2021RentedNew contract
AED 39,600/yr12 months · AED 91 per sqft
1 Sep 2016RentedNew contract
AED 68,000/yr12 months · AED 156 per sqft
8 Jun 2009Sold by developerOff-plan
AED 726,853AED 1,669 per sqft

Source: Dubai Land Department. Updated 17 January 2022.

Key facts

Type
1-bed apartment
Size
435 sqft
Floor
2nd of 8
Parking
B2-73
Developer
ACW Holding
Completed
2013
Service charge
AED 8,900 /yr
Last sold
AED 727K · June 2009
Building
Platinum One

About 224, Platinum One

224 is a one-bedroom apartment of 435 sqft on the 2nd floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 8 June 2009 for AED 726,853, or AED 1,669 per sqft, 23% above the AED 1,358 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 17 January 2022, is AED 39,600 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 8,900 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical one-bed in Platinum One
600K800K20092011201320152017Typical sale price by year: 2009 AED 752,847; 2010 AED 680,074; 2014 AED 474,583; 2015 AED 752,847; 2016 AED 475,122Sold by developer, June 2009: AED 726,853 (AED 1,669 per sqft)

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

Rents
Unit 224, each contractTypical one-bed in Platinum One
50K100K2014201820222026Typical rent by year: 2014 AED 102,000; 2015 AED 81,500; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 74,700; 2019 AED 65,700; 2020 AED 51,000; 2021 AED 47,631; 2022 AED 49,200; 2023 AED 54,000; 2024 AED 63,000; 2025 AED 64,800; 2026 AED 67,200New contract, September 2016: AED 68,000 a yearNew contract, January 2021: AED 39,600 a yearNew contract, January 2022: AED 39,600 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 One, and where 224 sits

All 57 1-beds →

224 last sold in June 2009 at AED 1,669 per sqft, 23% above what one-beds in Platinum One were fetching at the time (AED 1,358). 224's AED 39,600 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Apr 2025396,000
16 Jan 2025260,000
7 Nov 2023297,400
27 Jul 2023310,000
0 1-bed sales 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 2nd floor

All 279 units in Platinum One
Value
2011-bedAED 260K · Jan 2025
202StudioAED 320K · Nov 2014
203StudioAED 240K · Jul 2019
204StudioAED 548K · Jun 2009
205StudioAED 234K · Jun 2023
2061-bedAED 476K · Oct 2016
207StudioAED 652K · Jun 2009
1–7 of 41

224, Platinum One in numbers

  • Sold once: by ACW Holding on 8 June 2009 for AED 726,853, or AED 1,669 per sqft.
  • Rented since September 2016 on 3 Ejari contracts, from AED 68,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 8,900 a year (AED 20.43 per sqft).

Source: Dubai Land Department. Updated 17 January 2022.

Questions about 224, Platinum One

What did unit 224 last sell for?

AED 726,853 on 8 June 2009, sold by the developer: AED 1,669 per sqft for 435 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 39,600 a year on the contract signed on 17 January 2022. The previous contract, from January 2021, was AED 39,600; the unit has been rented since September 2016.

How big is unit 224?

435 sqft (40.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2013.

What is unit 224 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 224, Platinum One

Starts from the last sale price (AED 727K, 8 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 726,853
Deposit, UAE resident (20%)
AED 145,371
Deposit, non-resident (40%)
AED 290,741
Monthly over 25 years at 3.7%
AED 2,974

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