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Studio · 410 sqftPlatinum One, Arjan · 6th floor · completed 2013

603, Platinum One

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 257K18 November 2014
Current rentAED 48K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Platinum One

What is 603 worth today?

Last sold for AED 256,636 in 2014

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20 May 2024RentedRenewal
AED 48,000/yr12 months · AED 117 per sqft
20 May 2023RentedRenewal
AED 45,000/yr12 months · AED 110 per sqft
27 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 161 per sqft
18 Nov 2014Sold by developerReady
AED 256,636AED 625 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
6th of 8
Parking
B1-225
Developer
ACW Holding
Completed
2013
Service charge
AED 8,400 /yr
Last sold
AED 257K · November 2014
Building
Platinum One

About 603, Platinum One

603 is a studio of 410 sqft on the 6th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. The developer sold it on 18 November 2014 for AED 256,636, or AED 625 per sqft, 4% below the AED 652 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 48,000 a year: a gross yield of 18.7% on the 2014 price, before the service charge of about AED 8,400 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, November 2014: AED 256,636 (AED 625 per sqft)

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

Rents
Unit 603, 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 yearRenewal, May 2023: AED 45,000 a yearRenewal, May 2024: AED 48,000 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 603 sits

All 213 studios →

603 last sold in November 2014 at AED 625 per sqft, 4% below what studios in Platinum One were fetching at the time (AED 652). 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. 603's AED 48,000 is at the bottom 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 6th floor

All 279 units in Platinum One
Value
6011-bedAED 635K · Jul 2009
602StudioAED 635K · Aug 2009
604StudioAED 567K · Jun 2009
605StudioAED 300K · Jun 2017
6061-bedAED 823K · Jul 2009
607StudioAED 592K · Jul 2009
608AED 347K · Oct 2025
1–7 of 21

603, Platinum One in numbers

  • Sold once: by ACW Holding on 18 November 2014 for AED 256,636, or AED 625 per sqft.
  • Rented since September 2016 on 3 Ejari contracts, from AED 66,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2014 price is 18.7%, 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 20 May 2024.

Questions about 603, Platinum One

What did unit 603 last sell for?

AED 256,636 on 18 November 2014, sold by the developer: AED 625 per sqft for 410 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 48,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 45,000; the unit has been rented since September 2016.

How big is unit 603?

410 sqft (38.1 sqm): a studio on the 6th floor of a 8-storey tower completed in 2013.

What is unit 603 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 603, Platinum One

Starts from the last sale price (AED 257K, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 256,636
Deposit, UAE resident (20%)
AED 51,327
Deposit, non-resident (40%)
AED 102,654
Monthly over 25 years at 3.7%
AED 1,050

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