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Studio · 313 sqftPlatinum One, Arjan · 7th floor · completed 2013

723, Platinum One

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 752K18 February 2015
Current rentAED 56K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Platinum One

What is 723 worth today?

Last sold for AED 751,546 in 2015

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4 Jun 2025RentedRenewal
AED 55,800/yr12 months · AED 89 per sqft
4 Jun 2023RentedNew contract
AED 49,200/yr12 months · AED 79 per sqft
1 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
20 May 2021RentedNew contract
AED 43,800/yr12 months · AED 70 per sqft
15 Apr 2017RentedNew contract
AED 84,000/yr12 months · AED 134 per sqft
18 Feb 2015SoldReady
AED 751,546AED 1,200 per sqft
5 Jul 2009Sold by developerOff-plan
AED 751,546AED 1,200 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
7th of 8
Parking
B1-269
Developer
ACW Holding
Completed
2013
Service charge
AED 6,400 /yr
Last sold
AED 752K · February 2015
Building
Platinum One

About 723, Platinum One

723 is a studio of 313 sqft on the 7th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 18 February 2015 for AED 751,546, or AED 1,200 per sqft, 50% above the AED 800 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 4 June 2025, is AED 55,800 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 723 over time

Sales
Unit 723, each saleTypical studio in Platinum One
250K500K750K2009201420192024Typical 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 751,546 (AED 1,200 per sqft)Sold, February 2015: AED 751,546 (AED 1,200 per sqft)

723 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 723, each contractTypical studio in Platinum One
50K75K2014201820222026Typical 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, April 2017: AED 84,000 a yearNew contract, May 2021: AED 43,800 a yearNew contract, June 2022: AED 45,000 a yearNew contract, June 2023: AED 49,200 a yearRenewal, June 2025: AED 55,800 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 723 sits

All 213 studios →

723 last sold in February 2015 at AED 1,200 per sqft, 50% above what studios in Platinum One were fetching at the time (AED 800). 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. 723's AED 55,800 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 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
705StudioAED 238K · Dec 2023
7061-bedAED 474K · Nov 2014
707StudioAED 830K · Jun 2009
1–7 of 21

723, Platinum One in numbers

  • Sold twice: first on 5 July 2009 for AED 751,546, last on 18 February 2015 for AED 751,546 (AED 1,200 per sqft).
  • Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 84,000 to AED 43,800 in 2021 and recovered to AED 55,800 by June 2025.
  • At AED 55,800 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 6,400 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 4 June 2025.

Questions about 723, Platinum One

What did unit 723 last sell for?

AED 751,546 on 18 February 2015: AED 1,200 per sqft for 313 sqft. The unit has 2 registered sales; the first was AED 751,546 in July 2009.

What is the rent for unit 723?

AED 55,800 a year on the contract renewed on 4 June 2025. The previous contract, from June 2023, was AED 49,200; the unit has been rented since April 2017.

How big is unit 723?

313 sqft (29.1 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 723 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 723, Platinum One

Starts from the last sale price (AED 752K, 18 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 751,546
Deposit, UAE resident (20%)
AED 150,309
Deposit, non-resident (40%)
AED 300,618
Monthly over 25 years at 3.7%
AED 3,075

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