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Studio · 425 sqftPlatinum One, Arjan · 5th floor · completed 2013

516, 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 516 · DLD and Ejari recordsUpdated 8 October 2025
Last soldAED 631K14 June 2009
Current rentAED 53K /yr8 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Platinum One

What is 516 worth today?

Last sold for AED 630,913 in 2009

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8 Oct 2025RentedRenewal
AED 52,800/yr12 months · AED 124 per sqft
8 Oct 2024RentedRenewal
AED 49,200/yr12 months · AED 116 per sqft
8 Oct 2023RentedRenewal
AED 45,000/yr12 months · AED 106 per sqft
8 Oct 2022RentedRenewal
AED 39,600/yr12 months · AED 93 per sqft
8 Oct 2021RentedNew contract
AED 39,600/yr12 months · AED 93 per sqft
6 Oct 2020RentedNew contract
AED 39,600/yr12 months · AED 93 per sqft
21 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 155 per sqft
14 Jun 2009Sold by developerOff-plan
AED 630,913AED 1,483 per sqft

Source: Dubai Land Department. Updated 8 October 2025.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
5th of 8
Parking
B1-195
Developer
ACW Holding
Completed
2013
Service charge
AED 8,700 /yr
Last sold
AED 631K · June 2009
Building
Platinum One

About 516, Platinum One

516 is a studio of 425 sqft on the 5th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 14 June 2009 for AED 630,913, or AED 1,483 per sqft, 7% above the AED 1,382 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 8 October 2025, is AED 52,800 a year: a gross yield of 8.4% on the 2009 price, before the service charge of about AED 8,700 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 630,913 (AED 1,483 per sqft)

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

Rents
Unit 516, 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, October 2020: AED 39,600 a yearNew contract, October 2021: AED 39,600 a yearRenewal, October 2022: AED 39,600 a yearRenewal, October 2023: AED 45,000 a yearRenewal, October 2024: AED 49,200 a yearRenewal, October 2025: AED 52,800 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 516 sits

All 213 studios →

516 last sold in June 2009 at AED 1,483 per sqft, 7% above what studios in Platinum One were fetching at the time (AED 1,382). 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. 516's AED 52,800 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 5th floor

All 279 units in Platinum One
Value
5011-bedAED 547K · Jul 2009
502StudioAED 568K · Jun 2009
503StudioAED 320K · Apr 2015
504StudioAED 568K · Jul 2009
505StudioAED 568K · Jun 2009
5061-bedAED 721K · Jul 2009
507StudioAED 702K · Jan 2015
1–7 of 42

516, Platinum One in numbers

  • Sold once: by ACW Holding on 14 June 2009 for AED 630,913, or AED 1,483 per sqft.
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 52,800 by October 2025.
  • At AED 52,800 a year the gross yield on the 2009 price is 8.4%, 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 8 October 2025.

Questions about 516, Platinum One

What did unit 516 last sell for?

AED 630,913 on 14 June 2009, sold by the developer: AED 1,483 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 52,800 a year on the contract renewed on 8 October 2025. The previous contract, from October 2024, was AED 49,200; the unit has been rented since September 2016.

How big is unit 516?

425 sqft (39.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2013.

What is unit 516 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 516, Platinum One

Starts from the last sale price (AED 631K, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 630,913
Deposit, UAE resident (20%)
AED 126,183
Deposit, non-resident (40%)
AED 252,365
Monthly over 25 years at 3.7%
AED 2,581

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