Studio · 635 sqftPlatinum One, Arjan · 8th floor · completed 2013

823, Platinum One

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 245K19 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, Platinum One

What is 823 worth today?

Last sold for AED 245,000 in 2024

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19 Nov 2024SoldReady · flagged as an outlier
AED 245,000AED 385 per sqft
18 Nov 2014Sold by developerReady
AED 391,469AED 616 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
Studio apartment
Size
635 sqft
Floor
8th of 8
Parking
G-293
Developer
ACW Holding
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 245K · November 2024
Building
Platinum One

About 823, Platinum One

823 is a studio of 635 sqft on the 8th floor of Platinum One, a 8-storey tower in Arjan completed in 2013 by ACW Holding. It last sold on 19 November 2024 for AED 245,000, or AED 385 per sqft, 35% below the AED 595 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 823 over time

Sales
Unit 823, 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 391,469 (AED 616 per sqft)

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

Rents
Unit 823, 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 56,400

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 823 sits

All 213 studios →

823 last sold in November 2024 at AED 385 per sqft, 35% below what studios in Platinum One were fetching at the time (AED 595). 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.

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 8th floor

All 279 units in Platinum One
Value
802StudioAED 537K · Jul 2009
804StudioAED 250K · Nov 2019
805StudioAED 255K · Nov 2014
8061-bedAED 180K · Aug 2020
807StudioAED 322K · Nov 2014
808StudioAED 639K · Jul 2011
809StudioAED 579K · Jul 2009
1–7 of 20

823, Platinum One in numbers

  • Sold twice: first on 18 November 2014 for AED 391,469, last on 19 November 2024 for AED 245,000 (AED 385 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 19 November 2024.

Questions about 823, Platinum One

What did unit 823 last sell for?

AED 245,000 on 19 November 2024: AED 385 per sqft for 635 sqft. The unit has 2 registered sales; the first was AED 391,469 in November 2014.

How big is unit 823?

635 sqft (59.0 sqm): a studio on the 8th floor of a 8-storey tower completed in 2013.

What is unit 823 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 823, Platinum One

Starts from the last sale price (AED 245K, 19 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

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