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Studio · 462 sqftPlatinum One, Arjan · 3rd floor · completed 2013

318, Platinum One

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

Unit 318 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 634K24 September 2009
Current rentAED 52K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Platinum One

What is 318 worth today?

Last sold for AED 634,136 in 2009

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7 Apr 2025RentedNew contract
AED 52,200/yr12 months · AED 113 per sqft
5 Apr 2024RentedNew contract
AED 51,600/yr12 months · AED 112 per sqft
3 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
7 Sep 2022RentedRenewal
AED 34,800/yr12 months · AED 75 per sqft
3 Sep 2019RentedRenewal
AED 48,000/yr12 months · AED 104 per sqft
3 Sep 2018RentedNew contract
AED 54,000/yr12 months · AED 117 per sqft
1 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 143 per sqft
24 Sep 2009Sold by developerOff-plan
AED 634,136AED 1,373 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
3rd of 8
Parking
B2-111
Developer
ACW Holding
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 634K · September 2009
Building
Platinum One

About 318, Platinum One

318 is a studio of 462 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 24 September 2009 for AED 634,136, or AED 1,373 per sqft, in line with the AED 1,378 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 7 April 2025, is AED 52,200 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, September 2009: AED 634,136 (AED 1,373 per sqft)

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

Rents
Unit 318, 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, September 2016: AED 66,000 a yearNew contract, September 2018: AED 54,000 a yearRenewal, September 2019: AED 48,000 a yearRenewal, September 2022: AED 34,800 a yearNew contract, April 2023: AED 42,000 a yearNew contract, April 2024: AED 51,600 a yearNew contract, April 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 318 sits

All 213 studios →

318 last sold in September 2009 at AED 1,373 per sqft, in line with what studios in Platinum One were fetching at the time (AED 1,378). 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. 318'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

318, Platinum One in numbers

  • Sold once: by ACW Holding on 24 September 2009 for AED 634,136, or AED 1,373 per sqft.
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 66,000 to AED 34,800 in 2022 and recovered to AED 52,200 by April 2025.
  • At AED 52,200 a year the gross yield on the 2009 price is 8.2%, before a service charge of about AED 9,400 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 7 April 2025.

Questions about 318, Platinum One

What did unit 318 last sell for?

AED 634,136 on 24 September 2009, sold by the developer: AED 1,373 per sqft for 462 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 52,200 a year on the contract signed on 7 April 2025. The previous contract, from April 2024, was AED 51,600; the unit has been rented since September 2016.

How big is unit 318?

462 sqft (42.9 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2013.

What is unit 318 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 318, Platinum One

Starts from the last sale price (AED 634K, 24 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 634,136
Deposit, UAE resident (20%)
AED 126,827
Deposit, non-resident (40%)
AED 253,654
Monthly over 25 years at 3.7%
AED 2,594

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