308, Platinum Residences 1
Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Platinum Residences 1
What is 308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 943 sqft
- Floor
- 3rd of 8
- Parking
- G-113
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 13,200 /yr
- Last sold
- AED 819K · September 2015
- Building
- Platinum Residences 1
About 308, Platinum Residences 1
308 is a one-bedroom apartment of 943 sqft on the 3rd 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 7 September 2015 for AED 819,154, or AED 868 per sqft, 7% below the AED 930 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 17 July 2020, is AED 42,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 13,200 a year.
Sales and rents for 308 over time
308 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 308 sits
All 112 1-beds →308 last sold in September 2015 at AED 868 per sqft, 7% below what one-beds in Platinum Residences 1 were fetching at the time (AED 930). 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. 308's AED 42,000 is at the bottom 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 3rd floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 751 sqft | AED 730KAED 730,000 · Feb 2026February 2026 | 44,100 /yr | |
| 302 | 1-bed | 751 sqft | AED 490KAED 490,000 · May 2025May 2025 | 45,000 /yr | |
| 303 | 1-bed | 730 sqft | AED 485KAED 485,000 · May 2025May 2025 | 38,000 /yr | |
| 304 | 1-bed | 838 sqft | AED 795KAED 795,307 · Oct 2015October 2015 | 63,000 /yr | |
| 305 | 1-bed | 834 sqft | AED 776KAED 775,678 · Jan 2017January 2017 | 39,100 /yr | |
| 306 | 1-bed | 730 sqft | AED 740KAED 740,000 · Feb 2026February 2026 | 60,000 /yr | |
| 307 | 1-bed | 890 sqft | AED 670KAED 670,000 · Jan 2024January 2024 | 45,200 /yr | |
| 309 | 1-bed | 858 sqft | AED 490KAED 490,000 · Jan 2019January 2019 | 50,000 /yr | |
| 310 | 1-bed | 876 sqft | AED 718KAED 717,527 · Sep 2017September 2017 | 50,000 /yr | |
| 311 | 1-bed | 856 sqft | AED 515KAED 515,000 · Feb 2023February 2023 | 60,000 /yr | |
| 312 | 1-bed | 862 sqft | AED 695KAED 695,000 · Oct 2024October 2024 | 78,000 /yr | |
| 313 | 1-bed | 880 sqft | AED 515KAED 515,000 · Jun 2019June 2019 | 45,000 /yr | |
| 314 | 862 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 52,500 /yr | ||
| 315 | 1-bed | 945 sqft | AED 854KAED 854,073 · Jun 2015June 2015 | 60,000 /yr |
308, Platinum Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 7 September 2015 for AED 819,154, or AED 868 per sqft.
- Rented since July 2018 on 2 Ejari contracts, from AED 58,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 13,200 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 17 July 2020.
Questions about 308, Platinum Residences 1
What did unit 308 last sell for?
AED 819,154 on 7 September 2015, sold by the developer: AED 868 per sqft for 943 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 42,000 a year on the contract signed on 17 July 2020. The previous contract, from July 2018, was AED 58,000.
How big is unit 308?
943 sqft (87.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 308 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 308, Platinum Residences 1
Starts from the last sale price (AED 819K, 7 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 819,154
- Deposit, UAE resident (20%)
- AED 163,831
- Deposit, non-resident (40%)
- AED 327,662
- Monthly over 25 years at 3.7%
- AED 3,351
Plus AED 39,414 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →