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

605, Platinum One

Sold prices and rental history: sold 4 times, last in June 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 300K4 June 2017
Current rentAED 47K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, Platinum One

What is 605 worth today?

Last sold for AED 300,000 in 2017

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1 Sep 2024RentedNew contract
AED 46,523/yr13 months · AED 113 per sqft
11 Aug 2023RentedRenewal
AED 41,400/yr12 months · AED 101 per sqft
11 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
1 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 73 per sqft
1 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
4 Jun 2017SoldReady
AED 300,000AED 731 per sqft
5 Oct 2016SoldReady
AED 287,000AED 699 per sqft
1 Oct 2016RentedNew contract
AED 66,000/yr12 months · AED 161 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
6th of 8
Parking
B1-227
Developer
ACW Holding
Completed
2013
Service charge
AED 8,400 /yr
Last sold
AED 300K · June 2017
Building
Platinum One

About 605, Platinum One

605 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. It last sold on 4 June 2017 for AED 300,000, or AED 731 per sqft, in line with the AED 724 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 46,523 a year: a gross yield of 15.5% on the 2017 price, before the service charge of about AED 8,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 634,512 (AED 1,546 per sqft)Sold, June 2016: AED 400,000 (AED 974 per sqft)Sold, October 2016: AED 287,000 (AED 699 per sqft)Sold, June 2017: AED 300,000 (AED 731 per sqft)

605 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 605, 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, October 2016: AED 66,000 a yearNew contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearNew contract, August 2022: AED 36,000 a yearRenewal, August 2023: AED 41,400 a yearNew contract, September 2024: AED 46,523 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 605 sits

All 213 studios →

605 last sold in June 2017 at AED 731 per sqft, in line with what studios in Platinum One were fetching at the time (AED 724). 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. 605's AED 46,523 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
603StudioAED 257K · Nov 2014
604StudioAED 567K · Jun 2009
6061-bedAED 823K · Jul 2009
607StudioAED 592K · Jul 2009
608AED 347K · Oct 2025
1–7 of 21

605, Platinum One in numbers

  • Sold 4 times: first on 14 June 2009 for AED 634,512, last on 4 June 2017 for AED 300,000 (AED 731 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 30,000 in 2021 and recovered to AED 46,523 by September 2024.
  • At AED 46,523 a year the gross yield on the 2017 price is 15.5%, 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 September 2024.

Questions about 605, Platinum One

What did unit 605 last sell for?

AED 300,000 on 4 June 2017: AED 731 per sqft for 410 sqft. The unit has 4 registered sales; the first was AED 634,512 in June 2009.

What is the rent for unit 605?

AED 46,523 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 41,400; the unit has been rented since October 2016.

How big is unit 605?

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

What is unit 605 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 605, Platinum One

Starts from the last sale price (AED 300K, 4 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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