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Studio · 400 sqftPlatinum One, Arjan · 4th floor · completed 2013

405, 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 405 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 568K8 June 2009
Current rentAED 54K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Platinum One

What is 405 worth today?

Last sold for AED 567,522 in 2009

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1 Mar 2024RentedNew contract
AED 54,000/yr12 months · AED 135 per sqft
1 Mar 2023RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft
1 Mar 2022RentedNew contract
AED 39,600/yr12 months · AED 99 per sqft
3 Mar 2021RentedNew contract
AED 39,600/yr12 months · AED 99 per sqft
4 Mar 2017RentedNew contract
AED 66,000/yr12 months · AED 165 per sqft
28 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 165 per sqft
8 Jun 2009Sold by developerOff-plan
AED 567,522AED 1,420 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
4th of 8
Parking
B2-141
Developer
ACW Holding
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 568K · June 2009
Building
Platinum One

About 405, Platinum One

405 is a studio of 400 sqft on the 4th 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 567,522, or AED 1,420 per sqft, in line with 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, signed on 1 March 2024, is AED 54,000 a year: a gross yield of 9.5% on the 2009 price, before the service charge of about AED 8,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 567,522 (AED 1,420 per sqft)

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

Rents
Unit 405, 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, March 2017: AED 66,000 a yearNew contract, March 2021: AED 39,600 a yearNew contract, March 2022: AED 39,600 a yearRenewal, March 2023: AED 42,000 a yearNew contract, March 2024: AED 54,000 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 405 sits

All 213 studios →

405 last sold in June 2009 at AED 1,420 per sqft, in line with 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. 405's AED 54,000 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 4th floor

All 279 units in Platinum One
Value
4011-bedAED 593K · Jun 2009
402StudioAED 568K · Jun 2009
403StudioAED 568K · May 2009
404StudioAED 568K · Feb 2015
4061-bedAED 839K · Jun 2009
407StudioAED 741K · Jan 2015
408StudioAED 611K · Jul 2009
1–7 of 42

405, Platinum One in numbers

  • Sold once: by ACW Holding on 8 June 2009 for AED 567,522, or AED 1,420 per sqft.
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 54,000 by March 2024.
  • At AED 54,000 a year the gross yield on the 2009 price is 9.5%, before a service charge of about AED 8,200 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 March 2024.

Questions about 405, Platinum One

What did unit 405 last sell for?

AED 567,522 on 8 June 2009, sold by the developer: AED 1,420 per sqft for 400 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 54,000 a year on the contract signed on 1 March 2024. The previous contract, from March 2023, was AED 42,000; the unit has been rented since September 2016.

How big is unit 405?

400 sqft (37.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2013.

What is unit 405 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 405, Platinum One

Starts from the last sale price (AED 568K, 8 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 567,522
Deposit, UAE resident (20%)
AED 113,504
Deposit, non-resident (40%)
AED 227,009
Monthly over 25 years at 3.7%
AED 2,322

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