604, Platinum One
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Platinum One
What is 604 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 6th of 8
- Parking
- B1-226
- Developer
- ACW Holding
- Completed
- 2013
- Service charge
- AED 8,400 /yr
- Last sold
- AED 567K · June 2009
- Building
- Platinum One
About 604, Platinum One
604 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 14 June 2009 for AED 566,789, or AED 1,381 per sqft, in line with the AED 1,382 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 August 2024, is AED 42,000 a year: a gross yield of 7.4% on the 2009 price, before the service charge of about AED 8,400 a year.
Sales and rents for 604 over time
604 has sold once; the dashed line is the studio median of each year in the building.
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 604 sits
All 213 studios →604 last sold in June 2009 at AED 1,381 per sqft, in line with 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. 604's AED 42,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 494 sqft | 300,000 | 607 | ||
| 15 Apr 202515 April 2025 | 494 sqft | 270,000 | 547 | ||
| 7 Mar 20257 March 2025 | 405 sqft | 260,000 | 642 | ||
| 6 Jan 20256 January 2025 | 606 sqft | 245,000 | 404 |
Platinum One
Building279 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%
Other units on the 6th floor
All 279 units in Platinum One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 444 sqft | AED 635KAED 634,916 · Jul 2009July 2009 | 54,000 /yr | |
| 602 | Studio | 410 sqft | AED 635KAED 634,512 · Aug 2009August 2009 | 52,800 /yr | |
| 603 | Studio | 410 sqft | AED 257KAED 256,636 · Nov 2014November 2014 | 48,000 /yr | |
| 605 | Studio | 410 sqft | AED 300KAED 300,000 · Jun 2017June 2017 | 46,523 /yr | |
| 606 | 1-bed | 614 sqft | AED 823KAED 823,020 · Jul 2009July 2009 | 67,200 /yr | |
| 607 | Studio | 492 sqft | AED 592KAED 591,553 · Jul 2009July 2009 | 55,800 /yr | |
| 608 | 494 sqft | AED 347KAED 347,000 · Oct 2025October 2025 | 57,600 /yr | ||
| 609 | 494 sqft | AED 347KAED 347,340 · Oct 2025October 2025 | 57,600 /yr | ||
| 610 | 2-bed | 1,007 sqft | AED 635KAED 634,624 · Nov 2014November 2014 | 93,600 /yr | |
| 611 | Studio | 416 sqft | AED 563KAED 563,078 · Jun 2009June 2009 | 48,000 /yr | |
| 612 | Studio | 416 sqft | AED 312KAED 312,000 · Jun 2017June 2017 | 48,000 /yr | |
| 614 | Studio | 425 sqft | AED 637KAED 637,346 · Jul 2009July 2009 | ||
| 615 | Studio | 446 sqft | AED 714KAED 713,888 · Jun 2009June 2009 | 44,400 /yr | |
| 616 | Studio | 501 sqft | AED 637KAED 637,346 · Jun 2009June 2009 | 54,000 /yr | |
| 617 | Studio | 473 sqft | AED 710KAED 710,336 · Mar 2015March 2015 | 52,200 /yr | |
| 618 | Studio | 472 sqft | AED 708KAED 707,866 · Jun 2009June 2009 | 54,000 /yr | |
| 619 | 1-bed | 662 sqft | AED 607KAED 607,301 · Sep 2010September 2010 | 72,000 /yr | |
| 620 | Studio | 486 sqft | AED 334KAED 334,051 · Nov 2014November 2014 | 49,200 /yr | |
| 621 | Studio | 605 sqft | AED 823KAED 823,020 · Jul 2009July 2009 | 60,000 /yr | |
| 622 | Studio | 626 sqft | AED 300KAED 300,000 · Nov 2024November 2024 | 59,400 /yr | |
| 623 | Studio | 420 sqft | AED 262KAED 261,998 · Nov 2014November 2014 | 52,800 /yr |
604, Platinum One in numbers
- Sold once: by ACW Holding on 14 June 2009 for AED 566,789, or AED 1,381 per sqft.
- Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 66,000 to AED 30,000 in 2020 and recovered to AED 42,000 by August 2024.
- At AED 42,000 a year the gross yield on the 2009 price is 7.4%, 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 1 August 2024.
Questions about 604, Platinum One
What did unit 604 last sell for?
AED 566,789 on 14 June 2009, sold by the developer: AED 1,381 per sqft for 410 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 42,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 41,400; the unit has been rented since April 2017.
How big is unit 604?
410 sqft (38.1 sqm): a studio on the 6th floor of a 8-storey tower completed in 2013.
What is unit 604 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 604, Platinum One
Starts from the last sale price (AED 567K, 14 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 566,789
- Deposit, UAE resident (20%)
- AED 113,358
- Deposit, non-resident (40%)
- AED 226,716
- Monthly over 25 years at 3.7%
- AED 2,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →