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Studio · 409 sqftPlatinum One, Arjan · 4th floor · completed 2013

426, Platinum One

Sold prices and rental history: sold twice, last in March 2024, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 426 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 250K11 March 2024
Current rentAED 66K /yr17 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 426, Platinum One

What is 426 worth today?

Last sold for AED 250,000 in 2024

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11 Mar 2024SoldReady
AED 250,000AED 611 per sqft
17 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 161 per sqft
13 Jun 2009Sold by developerOff-plan
AED 654,000AED 1,598 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
4th of 8
Parking
B1-162
Developer
ACW Holding
Completed
2013
Service charge
AED 8,400 /yr
Last sold
AED 250K · March 2024
Building
Platinum One

About 426, Platinum One

426 is a studio of 409 sqft on the 4th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 11 March 2024 for AED 250,000, or AED 611 per sqft, 5% above the AED 584 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 September 2016. The current contract, signed on 17 September 2016, is AED 66,000 a year: a gross yield of 26.4% on the 2024 price, before the service charge of about AED 8,400 a year.

Sales and rents for 426 over time

Sales
Unit 426, 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 654,000 (AED 1,598 per sqft)Sold, March 2024: AED 250,000 (AED 611 per sqft)

426 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 426, 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 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 426 sits

All 213 studios →

426 last sold in March 2024 at AED 611 per sqft, 5% above what studios in Platinum One were fetching at the time (AED 584). 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. 426's AED 66,000 is in the upper 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

426, Platinum One in numbers

  • Sold twice: first on 13 June 2009 for AED 654,000, last on 11 March 2024 for AED 250,000 (AED 611 per sqft).
  • Rented since September 2016 on one Ejari contract, at AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 26.4%, before a service charge of about AED 8,400 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 11 March 2024.

Questions about 426, Platinum One

What did unit 426 last sell for?

AED 250,000 on 11 March 2024: AED 611 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 654,000 in June 2009.

What is the rent for unit 426?

AED 66,000 a year on the contract signed on 17 September 2016.

How big is unit 426?

409 sqft (38.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2013.

What is unit 426 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 426, Platinum One

Starts from the last sale price (AED 250K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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