1-bed · 862 sqftPlatinum Residences 1, Dubai Silicon Oasis · 2nd floor · completed 2015

212, Platinum Residences 1

Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 680K29 October 2024
Current rentAED 61K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Platinum Residences 1

What is 212 worth today?

Last sold for AED 680,000 in 2024

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21 Nov 2025RentedRenewal
AED 60,811/yr12 months · AED 71 per sqft
21 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
29 Oct 2024SoldReady
AED 680,000AED 789 per sqft
30 Sep 2019SoldReady
AED 500,000AED 580 per sqft
10 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
11 Jan 2017Sold by developerOff-plan
AED 690,000AED 800 per sqft
11 Jan 2017SoldOff-plan
AED 791,553AED 918 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
2nd of 8
Parking
G-58
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 12,000 /yr
Last sold
AED 680K · October 2024

About 212, Platinum Residences 1

212 is a one-bedroom apartment of 862 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. It last sold on 29 October 2024 for AED 680,000, or AED 789 per sqft, 4% above the AED 756 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 60,811 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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 690,000 (AED 800 per sqft)Sold, January 2017: AED 791,553 (AED 918 per sqft)Sold, September 2019: AED 500,000 (AED 580 per sqft)Sold, October 2024: AED 680,000 (AED 789 per sqft)

212 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 212, 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 64,500New contract, September 2018: AED 50,000 a yearNew contract, November 2024: AED 60,000 a yearRenewal, November 2025: AED 60,811 a year

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 212 sits

All 112 1-beds →

212 last sold in October 2024 at AED 789 per sqft, 4% above what one-beds in Platinum Residences 1 were fetching at the time (AED 756). 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. 212's AED 60,811 is in the lower half of that range.

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 2nd floor

All 120 units in Platinum Residences 1
Value
2011-bedAED 740K · Feb 2026
202AED 720K · Aug 2025
2031-bedAED 676K · Oct 2015
2041-bedAED 500K · Sep 2021
2051-bedAED 540K · May 2023
2061-bedAED 684K · Jun 2015
2071-bedAED 809K · Dec 2016
1–7 of 14

212, Platinum Residences 1 in numbers

  • Sold 4 times: first on 11 January 2017 for AED 791,553, last on 29 October 2024 for AED 680,000 (AED 789 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 50,000 to AED 60,811 a year.
  • At AED 60,811 a year the gross yield on the 2024 price is 8.9%, 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 21 November 2025.

Questions about 212, Platinum Residences 1

What did unit 212 last sell for?

AED 680,000 on 29 October 2024: AED 789 per sqft for 862 sqft. The unit has 4 registered sales; the first was AED 791,553 in January 2017.

What is the rent for unit 212?

AED 60,811 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since September 2018.

How big is unit 212?

862 sqft (80.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 212 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 212, Platinum Residences 1

Starts from the last sale price (AED 680K, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →