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Studio · 410 sqftPlatinum One, Arjan · 7th floor · completed 2013

705, Platinum One

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 238K22 December 2023
Current rentAED 52K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Platinum One

What is 705 worth today?

Last sold for AED 238,000 in 2023

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10 Dec 2024RentedNew contract
AED 52,200/yr12 months · AED 127 per sqft
22 Dec 2023SoldReady
AED 238,000AED 579 per sqft
9 Dec 2023RentedNew contract
AED 49,200/yr12 months · AED 120 per sqft
7 Dec 2022RentedRenewal
AED 39,600/yr12 months · AED 96 per sqft
7 Dec 2021RentedNew contract
AED 39,600/yr12 months · AED 96 per sqft
24 Jul 2019SoldReady
AED 300,000AED 730 per sqft
26 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 161 per sqft
29 Jul 2009Sold by developerOff-plan
AED 562,786AED 1,371 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
7th of 8
Parking
B1-251
Developer
ACW Holding
Completed
2013
Service charge
AED 8,400 /yr
Last sold
AED 238K · December 2023
Building
Platinum One

About 705, Platinum One

705 is a studio of 410 sqft on the 7th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 22 December 2023 for AED 238,000, or AED 579 per sqft, in line with the AED 582 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 December 2024, is AED 52,200 a year: a gross yield of 21.9% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, July 2009: AED 562,786 (AED 1,371 per sqft)Sold, July 2019: AED 300,000 (AED 730 per sqft)Sold, December 2023: AED 238,000 (AED 579 per sqft)

705 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 705, 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, December 2021: AED 39,600 a yearRenewal, December 2022: AED 39,600 a yearNew contract, December 2023: AED 49,200 a yearNew contract, December 2024: AED 52,200 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 705 sits

All 213 studios →

705 last sold in December 2023 at AED 579 per sqft, in line with what studios in Platinum One were fetching at the time (AED 582). 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. 705's AED 52,200 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 7th floor

All 279 units in Platinum One
Value
701StudioAED 628K · Jun 2009
702StudioAED 563K · Jan 2015
703StudioAED 563K · May 2009
704StudioAED 328K · Nov 2014
7061-bedAED 474K · Nov 2014
707StudioAED 830K · Jun 2009
708StudioAED 579K · Jul 2009
1–7 of 21

705, Platinum One in numbers

  • Sold 3 times: first on 29 July 2009 for AED 562,786, last on 22 December 2023 for AED 238,000 (AED 579 per sqft).
  • Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 66,000 to AED 39,600 in 2022 and recovered to AED 52,200 by December 2024.
  • At AED 52,200 a year the gross yield on the 2023 price is 21.9%, 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 10 December 2024.

Questions about 705, Platinum One

What did unit 705 last sell for?

AED 238,000 on 22 December 2023: AED 579 per sqft for 410 sqft. The unit has 3 registered sales; the first was AED 562,786 in July 2009.

What is the rent for unit 705?

AED 52,200 a year on the contract signed on 10 December 2024. The previous contract, from December 2023, was AED 49,200; the unit has been rented since September 2016.

How big is unit 705?

410 sqft (38.1 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 705 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 705, Platinum One

Starts from the last sale price (AED 238K, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 238,000
Deposit, UAE resident (20%)
AED 47,600
Deposit, non-resident (40%)
AED 95,200
Monthly over 25 years at 3.7%
AED 974

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