209, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in September 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 209, Platinum Residences 1
What is 209 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 858 sqft
- Floor
- 2nd of 8
- Parking
- G-67
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,000 /yr
- Last sold
- AED 823K · September 2015
- Building
- Platinum Residences 1
About 209, Platinum Residences 1
209 is a one-bedroom apartment of 858 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 20 September 2015 for AED 823,487, or AED 959 per sqft, in line with the AED 932 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 56,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 12,000 a year.
Sales and rents for 209 over time
209 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 209 sits
All 112 1-beds →209 last sold in September 2015 at AED 959 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 932). 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. 209's AED 56,000 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 | |
| 206 | 1-bed | 730 sqft | AED 684KAED 683,738 · Jun 2015June 2015 | 48,500 /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 | |
| 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 |
209, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 20 September 2015 for AED 823,487, or AED 959 per sqft.
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 36,000 in 2021 and recovered to AED 56,000 by April 2025.
- At AED 56,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 12,000 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 5 April 2025.
Questions about 209, Platinum Residences 1
What did unit 209 last sell for?
AED 823,487 on 20 September 2015, sold by the developer: AED 959 per sqft for 858 sqft. It is the only registered sale of the unit.
What is the rent for unit 209?
AED 56,000 a year on the contract renewed on 5 April 2025. The previous contract, from April 2025, was AED 56,000; the unit has been rented since December 2017.
How big is unit 209?
858 sqft (79.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 209 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 209, Platinum Residences 1
Starts from the last sale price (AED 823K, 20 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 823,487
- Deposit, UAE resident (20%)
- AED 164,697
- Deposit, non-resident (40%)
- AED 329,395
- Monthly over 25 years at 3.7%
- AED 3,369
Plus AED 39,596 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →