504, Platinum Residences 1
Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Platinum Residences 1
What is 504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 838 sqft
- Floor
- 5th of 8
- Parking
- G-48
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,700 /yr
- Last sold
- AED 500K · May 2019
- Building
- Platinum Residences 1
About 504, Platinum Residences 1
504 is a one-bedroom apartment of 838 sqft on the 5th 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 21 May 2019 for AED 500,000, or AED 596 per sqft, in line with the AED 599 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 November 2025, is AED 65,000 a year: a gross yield of 13.0% on the 2019 price, before the service charge of about AED 11,700 a year.
Sales and rents for 504 over time
504 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 504 sits
All 112 1-beds →504 last sold in May 2019 at AED 596 per sqft, in line with what one-beds in Platinum Residences 1 were fetching at the time (AED 599). 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. 504's AED 65,000 is in the upper 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 5th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 751 sqft | AED 730KAED 729,739 · Feb 2017February 2017 | 42,000 /yr | |
| 502 | 1-bed | 751 sqft | AED 706KAED 705,854 · Jun 2015June 2015 | 34,000 /yr | |
| 503 | 1-bed | 730 sqft | AED 761KAED 760,591 · Sep 2015September 2015 | 35,000 /yr | |
| 505 | 834 sqft | AED 780KAED 780,000 · Oct 2025October 2025 | 55,000 /yr | ||
| 506 | 1-bed | 730 sqft | AED 707KAED 707,222 · Dec 2016December 2016 | 62,000 /yr | |
| 507 | 1-bed | 890 sqft | AED 670KAED 670,000 · Apr 2024April 2024 | 45,000 /yr | |
| 508 | 1-bed | 943 sqft | AED 600KAED 600,000 · Aug 2023August 2023 | 58,000 /yr | |
| 509 | 1-bed | 858 sqft | AED 754KAED 753,613 · Oct 2017October 2017 | 46,200 /yr | |
| 510 | 1-bed | 876 sqft | AED 835KAED 835,000 · Jan 2026January 2026 | 48,500 /yr | |
| 511 | 1-bed | 856 sqft | AED 796KAED 796,178 · Jun 2015June 2015 | 37,000 /yr | |
| 512 | 1-bed | 862 sqft | AED 495KAED 495,000 · Apr 2022April 2022 | 57,000 /yr | |
| 513 | 1-bed | 880 sqft | AED 715KAED 715,000 · Jan 2025January 2025 | 43,000 /yr | |
| 514 | 1-bed | 862 sqft | AED 811KAED 810,792 · Oct 2015October 2015 | ||
| 515 | 1-bed | 945 sqft | AED 888KAED 888,000 · Feb 2017February 2017 |
504, Platinum Residences 1 in numbers
- Sold twice: first on 15 February 2017 for AED 770,000, last on 21 May 2019 for AED 500,000 (AED 596 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 65,000 by November 2025.
- At AED 65,000 a year the gross yield on the 2019 price is 13.0%, before a service charge of about AED 11,700 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 1 November 2025.
Questions about 504, Platinum Residences 1
What did unit 504 last sell for?
AED 500,000 on 21 May 2019: AED 596 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 770,000 in February 2017.
What is the rent for unit 504?
AED 65,000 a year on the contract signed on 1 November 2025. The previous contract, from August 2021, was AED 35,000; the unit has been rented since March 2019.
How big is unit 504?
838 sqft (77.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 504 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 504, Platinum Residences 1
Starts from the last sale price (AED 500K, 21 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →