505, Platinum Residences 1
Sold prices and rental history: sold twice, last in October 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Platinum Residences 1
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Key facts
- Type
- Apartment
- Size
- 834 sqft
- Floor
- 5th of 8
- Parking
- G-46
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,600 /yr
- Last sold
- AED 780K · October 2025
- Building
- Platinum Residences 1
About 505, Platinum Residences 1
505 is an apartment of 834 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 16 October 2025 for AED 780,000, or AED 935 per sqft.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 December 2023, is AED 55,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 11,600 a year.
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 | |
| 504 | 1-bed | 838 sqft | AED 500KAED 500,000 · May 2019May 2019 | 65,000 /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 |
505, Platinum Residences 1 in numbers
- Sold twice: first on 23 August 2015 for AED 782,844, last on 16 October 2025 for AED 780,000 (AED 935 per sqft).
- Rented since January 2023 on 2 Ejari contracts, from AED 50,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 11,600 a year (AED 13.95 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Questions about 505, Platinum Residences 1
What did unit 505 last sell for?
AED 780,000 on 16 October 2025: AED 935 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 782,844 in August 2015.
What is the rent for unit 505?
AED 55,000 a year on the contract signed on 15 December 2023. The previous contract, from January 2023, was AED 50,000.
How big is unit 505?
834 sqft (77.5 sqm): an apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 505, Platinum Residences 1
Starts from the last sale price (AED 780K, 16 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →