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Studio · 425 sqftPlatinum One, Arjan · 3rd floor · completed 2013

316, Platinum One

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

Unit 316 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 615K7 June 2009
Current rentAED 52K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Platinum One

What is 316 worth today?

Last sold for AED 615,489 in 2009

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1 Jul 2025RentedRenewal
AED 52,200/yr12 months · AED 123 per sqft
1 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 106 per sqft
1 Jul 2022RentedNew contract
AED 39,600/yr12 months · AED 93 per sqft
1 Oct 2020RentedNew contract
AED 39,600/yr12 months · AED 93 per sqft
30 Apr 2017RentedRenewal
AED 66,000/yr12 months · AED 155 per sqft
30 Apr 2016RentedNew contract
AED 69,000/yr12 months · AED 162 per sqft
7 Jun 2009Sold by developerOff-plan
AED 615,489AED 1,447 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
3rd of 8
Parking
B2-109
Developer
ACW Holding
Completed
2013
Service charge
AED 8,700 /yr
Last sold
AED 615K · June 2009
Building
Platinum One

About 316, Platinum One

316 is a studio of 425 sqft on the 3rd floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 7 June 2009 for AED 615,489, or AED 1,447 per sqft, 5% above the AED 1,380 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 52,200 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 8,700 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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 615,489 (AED 1,447 per sqft)

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

Rents
Unit 316, 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, April 2016: AED 69,000 a yearRenewal, April 2017: AED 66,000 a yearNew contract, October 2020: AED 39,600 a yearNew contract, July 2022: AED 39,600 a yearRenewal, July 2023: AED 45,000 a yearRenewal, July 2025: AED 52,200 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 316 sits

All 213 studios →

316 last sold in June 2009 at AED 1,447 per sqft, 5% above what studios in Platinum One were fetching at the time (AED 1,380). 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. 316's AED 52,200 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 3rd floor

All 279 units in Platinum One
Value
3011-bedAED 593K · Jun 2009
302StudioAED 250K · Jul 2024
303StudioAED 220K · Oct 2023
304StudioAED 250K · Apr 2019
305StudioAED 170K · Jan 2019
3061-bedAED 818K · Dec 2014
307StudioAED 741K · Jan 2015
1–7 of 42

316, Platinum One in numbers

  • Sold once: by ACW Holding on 7 June 2009 for AED 615,489, or AED 1,447 per sqft.
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 69,000 to AED 39,600 in 2022 and recovered to AED 52,200 by July 2025.
  • At AED 52,200 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 8,700 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 July 2025.

Questions about 316, Platinum One

What did unit 316 last sell for?

AED 615,489 on 7 June 2009, sold by the developer: AED 1,447 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 52,200 a year on the contract renewed on 1 July 2025. The previous contract, from July 2023, was AED 45,000; the unit has been rented since April 2016.

How big is unit 316?

425 sqft (39.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2013.

What is unit 316 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 316, Platinum One

Starts from the last sale price (AED 615K, 7 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 615,489
Deposit, UAE resident (20%)
AED 123,098
Deposit, non-resident (40%)
AED 246,196
Monthly over 25 years at 3.7%
AED 2,518

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