206, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Platinum Residences 1
What is 206 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 730 sqft
- Floor
- 2nd of 8
- Parking
- G-128
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,200 /yr
- Last sold
- AED 684K · June 2015
- Building
- Platinum Residences 1
About 206, Platinum Residences 1
206 is a one-bedroom apartment of 730 sqft on the 2nd 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 2 June 2015 for AED 683,738, or AED 936 per sqft, in line with the AED 937 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 48,500 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 10,200 a year.
Sales and rents for 206 over time
206 has sold once; the dashed line is the one-bed median of each year in the building.
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 206 sits
All 112 1-beds →206 last sold in June 2015 at AED 936 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 937). 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. 206's AED 48,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 751 sqft | 730,000 | 971 | ||
| 10 Feb 202610 February 2026 | 730 sqft | 740,000 | 1,013 | ||
| 9 Feb 20269 February 2026 | 751 sqft | 740,000 | 985 | ||
| 23 Jan 202623 January 2026 | 876 sqft | 835,000 | 953 |
Platinum Residences 1
Building120 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%
Other units on the 2nd floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 751 sqft | AED 740KAED 740,000 · Feb 2026February 2026 | 60,000 /yr | |
| 202 | 751 sqft | AED 720KAED 720,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 203 | 1-bed | 730 sqft | AED 676KAED 676,427 · Oct 2015October 2015 | 57,750 /yr | |
| 204 | 1-bed | 838 sqft | AED 500KAED 500,000 · Sep 2021September 2021 | 63,000 /yr | |
| 205 | 1-bed | 834 sqft | AED 540KAED 540,000 · May 2023May 2023 | 45,327 /yr | |
| 207 | 1-bed | 890 sqft | AED 809KAED 809,448 · Dec 2016December 2016 | 45,500 /yr | |
| 208 | 1-bed | 943 sqft | AED 755KAED 755,000 · Dec 2024December 2024 | 47,000 /yr | |
| 209 | 1-bed | 858 sqft | AED 823KAED 823,487 · Sep 2015September 2015 | 56,000 /yr | |
| 210 | 1-bed | 876 sqft | AED 710KAED 710,000 · May 2024May 2024 | 48,000 /yr | |
| 211 | 1-bed | 856 sqft | AED 710KAED 710,000 · Dec 2024December 2024 | 45,000 /yr | |
| 212 | 1-bed | 862 sqft | AED 680KAED 680,000 · Oct 2024October 2024 | 60,811 /yr | |
| 213 | 1-bed | 880 sqft | AED 590KAED 590,000 · Jun 2024June 2024 | 47,311 /yr | |
| 214 | 1-bed | 862 sqft | AED 500KAED 500,000 · Aug 2023August 2023 | 35,000 /yr | |
| 215 | 1-bed | 945 sqft | AED 827KAED 827,000 · Dec 2016December 2016 | 68,000 /yr |
206, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 2 June 2015 for AED 683,738, or AED 936 per sqft.
- Rented since August 2017 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 37,000 in 2022 and recovered to AED 48,500 by February 2025.
- At AED 48,500 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 10,200 a year (AED 13.95 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 10 February 2025.
Questions about 206, Platinum Residences 1
What did unit 206 last sell for?
AED 683,738 on 2 June 2015, sold by the developer: AED 936 per sqft for 730 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 48,500 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 47,250; the unit has been rented since August 2017.
How big is unit 206?
730 sqft (67.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 206 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.
Selling 206? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 206, Platinum Residences 1
Starts from the last sale price (AED 684K, 2 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 683,738
- Deposit, UAE resident (20%)
- AED 136,748
- Deposit, non-resident (40%)
- AED 273,495
- Monthly over 25 years at 3.7%
- AED 2,797
Plus AED 33,727 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →