311, Platinum Residences 1
Sold prices and rental history: sold twice, last in February 2023, 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 311, Platinum Residences 1
What is 311 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 856 sqft
- Floor
- 3rd of 8
- Parking
- G-82
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,900 /yr
- Last sold
- AED 515K · February 2023
- Building
- Platinum Residences 1
About 311, Platinum Residences 1
311 is a one-bedroom apartment of 856 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. It last sold on 1 February 2023 for AED 515,000, or AED 601 per sqft, 5% below the AED 635 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 60,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 11,900 a year.
Sales and rents for 311 over time
311 has sold twice; 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 311 sits
All 112 1-beds →311 last sold in February 2023 at AED 601 per sqft, 5% below what one-beds in Platinum Residences 1 were fetching at the time (AED 635). 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. 311's AED 60,000 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 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 | |
| 308 | 1-bed | 943 sqft | AED 819KAED 819,154 · Sep 2015September 2015 | 42,000 /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 | |
| 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 |
311, Platinum Residences 1 in numbers
- Sold twice: first on 11 January 2017 for AED 727,486, last on 1 February 2023 for AED 515,000 (AED 601 per sqft).
- Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 63,000 to AED 36,000 in 2021 and recovered to AED 60,000 by February 2025.
- At AED 60,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 11,900 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 311, Platinum Residences 1
What did unit 311 last sell for?
AED 515,000 on 1 February 2023: AED 601 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 727,486 in January 2017.
What is the rent for unit 311?
AED 60,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 56,000; the unit has been rented since January 2017.
How big is unit 311?
856 sqft (79.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 311 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 311, Platinum Residences 1
Starts from the last sale price (AED 515K, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus AED 26,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →