513, Platinum Residences 1
Sold prices and rental history: sold twice, last in January 2025, 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 513, Platinum Residences 1
What is 513 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 5th of 8
- Parking
- G-125
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,300 /yr
- Last sold
- AED 715K · January 2025
- Building
- Platinum Residences 1
About 513, Platinum Residences 1
513 is a one-bedroom apartment of 880 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 15 January 2025 for AED 715,000, or AED 812 per sqft, 4% above the AED 778 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 5 February 2025, is AED 43,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 12,300 a year.
Sales and rents for 513 over time
513 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 513 sits
All 112 1-beds →513 last sold in January 2025 at AED 812 per sqft, 4% above what one-beds in Platinum Residences 1 were fetching at the time (AED 778). 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. 513's AED 43,000 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 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 | |
| 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 | |
| 514 | 1-bed | 862 sqft | AED 811KAED 810,792 · Oct 2015October 2015 | ||
| 515 | 1-bed | 945 sqft | AED 888KAED 888,000 · Feb 2017February 2017 |
513, Platinum Residences 1 in numbers
- Sold twice: first on 19 September 2017 for AED 771,261, last on 15 January 2025 for AED 715,000 (AED 812 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2020 and recovered to AED 43,000 by February 2025.
- At AED 43,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 12,300 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 5 February 2025.
Questions about 513, Platinum Residences 1
What did unit 513 last sell for?
AED 715,000 on 15 January 2025: AED 812 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 771,261 in September 2017.
What is the rent for unit 513?
AED 43,000 a year on the contract renewed on 5 February 2025. The previous contract, from February 2024, was AED 41,000; the unit has been rented since April 2017.
How big is unit 513?
880 sqft (81.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 513 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 513, Platinum Residences 1
Starts from the last sale price (AED 715K, 15 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 715,000
- Deposit, UAE resident (20%)
- AED 143,000
- Deposit, non-resident (40%)
- AED 286,000
- Monthly over 25 years at 3.7%
- AED 2,925
Plus AED 35,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →