1-bed · 945 sqftPlatinum Residences 1, Dubai Silicon Oasis · 1st floor · completed 2015

115, Platinum Residences 1

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 9 January 2017
Last soldAED 796K9 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Platinum Residences 1

What is 115 worth today?

Last sold for AED 795,775 in 2017

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9 Jan 2017Sold by developerOff-plan
AED 795,775AED 842 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2017.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
1st of 8
Parking
G-97
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 13,200 /yr
Last sold
AED 796K · January 2017

About 115, Platinum Residences 1

115 is a one-bedroom apartment of 945 sqft on the 1st floor of Platinum Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. The developer sold it on 9 January 2017 for AED 795,775, or AED 842 per sqft, 5% below the AED 883 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Platinum Residences 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 768,680; 2016 AED 756,121; 2017 AED 753,207; 2018 AED 700,000; 2019 AED 507,500; 2020 AED 435,000; 2022 AED 510,000; 2023 AED 587,500; 2024 AED 675,000; 2025 AED 712,500; 2026 AED 740,000Sold by developer, January 2017: AED 795,775 (AED 842 per sqft)

115 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 115, each contractTypical one-bed in Platinum Residences 1
40K60K2017202020232026Typical rent by year: 2017 AED 63,000; 2018 AED 58,000; 2019 AED 48,500; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 64,500

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Platinum Residences 1, and where 115 sits

All 112 1-beds →

115 last sold in January 2017 at AED 842 per sqft, 5% below what one-beds in Platinum Residences 1 were fetching at the time (AED 883). Over the last 12 months one-beds sold for AED 700,000 to 835,000, around AED 971 per sqft, and rent for AED 47,311 to 75,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 2026730,000
10 Feb 2026740,000
9 Feb 2026740,000
23 Jan 2026835,000
5 1-bed sales in the last 12 months

Platinum Residences 1

Building

120 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 5 sold in the last 12 months.

Typical price per sqft
AED 971
Typical sale
AED 740K
Typical rent
AED 65K /yr
Typical yield
7.8%
Platinum Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 120 units in Platinum Residences 1
Value
1011-bedAED 655K · Feb 2018
1021-bedAED 450K · Apr 2019
1031-bedAED 636K · Sep 2016
1041-bedAED 560K · Feb 2024
1051-bedAED 700K · Nov 2024
1061-bedAED 250K · Jul 2019
1071-bedAED 806K · Apr 2017
1–7 of 14

115, Platinum Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 9 January 2017 for AED 795,775, or AED 842 per sqft.
  • One-beds in Platinum Residences 1 sold for AED 700,000–835,000 in the 12 months to November 2026; the building's median across all types is AED 971 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2017.

Questions about 115, Platinum Residences 1

What did unit 115 last sell for?

AED 795,775 on 9 January 2017, sold by the developer: AED 842 per sqft for 945 sqft. It is the only registered sale of the unit.

How big is unit 115?

945 sqft (87.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Platinum Residences 1 sold for AED 700,000 to 835,000 in the last 12 months, around AED 971 per sqft.

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Mortgage on 115, Platinum Residences 1

Starts from the last sale price (AED 796K, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 795,775
Deposit, UAE resident (20%)
AED 159,155
Deposit, non-resident (40%)
AED 318,310
Monthly over 25 years at 3.7%
AED 3,256

Plus AED 38,433 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →