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Studio · 494 sqftPlatinum One, Arjan · 4th floor · completed 2013

408, Platinum One

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

Unit 408 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 611K5 July 2009
Current rentAED 52K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Platinum One

What is 408 worth today?

Last sold for AED 611,483 in 2009

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22 Mar 2025RentedRenewal
AED 52,200/yr12 months · AED 106 per sqft
22 Mar 2024RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
22 Mar 2023RentedRenewal
AED 44,400/yr12 months · AED 90 per sqft
22 Mar 2022RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
22 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
6 Sep 2016RentedNew contract
AED 78,000/yr12 months · AED 158 per sqft
5 Jul 2009Sold by developerOff-plan
AED 611,483AED 1,238 per sqft

Source: Dubai Land Department. Updated 22 March 2025.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
4th of 8
Parking
B2-144
Developer
ACW Holding
Completed
2013
Service charge
AED 10,100 /yr
Last sold
AED 611K · July 2009
Building
Platinum One

About 408, Platinum One

408 is a studio of 494 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 5 July 2009 for AED 611,483, or AED 1,238 per sqft, 10% below the AED 1,381 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 22 March 2025, is AED 52,200 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 10,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, July 2009: AED 611,483 (AED 1,238 per sqft)

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

Rents
Unit 408, each contractTypical studio in Platinum One
40K60K80K2014201820222026Typical 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 78,000 a yearNew contract, March 2021: AED 42,000 a yearRenewal, March 2022: AED 42,000 a yearRenewal, March 2023: AED 44,400 a yearRenewal, March 2024: AED 48,000 a yearRenewal, March 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 408 sits

All 213 studios →

408 last sold in July 2009 at AED 1,238 per sqft, 10% below 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. 408'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 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
405StudioAED 568K · Jun 2009
4061-bedAED 839K · Jun 2009
407StudioAED 741K · Jan 2015
1–7 of 42

408, Platinum One in numbers

  • Sold once: by ACW Holding on 5 July 2009 for AED 611,483, or AED 1,238 per sqft.
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 78,000 to AED 42,000 in 2022 and recovered to AED 52,200 by March 2025.
  • At AED 52,200 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 10,100 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 22 March 2025.

Questions about 408, Platinum One

What did unit 408 last sell for?

AED 611,483 on 5 July 2009, sold by the developer: AED 1,238 per sqft for 494 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 52,200 a year on the contract renewed on 22 March 2025. The previous contract, from March 2024, was AED 48,000; the unit has been rented since September 2016.

How big is unit 408?

494 sqft (45.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2013.

What is unit 408 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 408, Platinum One

Starts from the last sale price (AED 611K, 5 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 611,483
Deposit, UAE resident (20%)
AED 122,297
Deposit, non-resident (40%)
AED 244,593
Monthly over 25 years at 3.7%
AED 2,502

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