605, Platinum Residences 1
Sold prices and rental history: sold twice, last in November 2022, 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 605, Platinum Residences 1
What is 605 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 6th of 8
- Parking
- G-50
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,600 /yr
- Last sold
- AED 530K · November 2022
- Building
- Platinum Residences 1
About 605, Platinum Residences 1
605 is a one-bedroom apartment of 834 sqft on the 6th 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 24 November 2022 for AED 530,000, or AED 635 per sqft, in line with the AED 635 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 58,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 605 over time
605 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 605 sits
All 112 1-beds →605 last sold in November 2022 at AED 635 per sqft, in line with 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. 605's AED 58,000 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 6th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 751 sqft | AED 740KAED 740,000 · Jan 2017January 2017 | 50,000 /yr | |
| 602 | 1-bed | 751 sqft | AED 700KAED 700,000 · Oct 2017October 2017 | 67,000 /yr | |
| 603 | 1-bed | 730 sqft | AED 710KAED 710,000 · Jun 2025June 2025 | 50,000 /yr | |
| 604 | 1-bed | 838 sqft | AED 805KAED 805,000 · Feb 2017February 2017 | 65,000 /yr | |
| 606 | 1-bed | 730 sqft | AED 710KAED 710,000 · Apr 2017April 2017 | 64,000 /yr | |
| 607 | 1-bed | 890 sqft | AED 640KAED 640,000 · Mar 2024March 2024 | 68,000 /yr | |
| 608 | 1-bed | 943 sqft | AED 836KAED 835,660 · Jul 2016July 2016 | ||
| 609 | 858 sqft | AED 725KAED 725,000 · Sep 2025September 2025 | 65,000 /yr | ||
| 610 | 1-bed | 876 sqft | AED 770KAED 770,417 · Dec 2016December 2016 | 65,000 /yr | |
| 611 | 1-bed | 856 sqft | AED 825KAED 825,000 · Jun 2017June 2017 | 48,000 /yr | |
| 612 | 1-bed | 862 sqft | AED 822KAED 822,478 · Nov 2016November 2016 | 60,000 /yr | |
| 613 | 1-bed | 880 sqft | AED 585KAED 585,000 · Dec 2023December 2023 | 62,000 /yr | |
| 614 | 1-bed | 862 sqft | AED 560KAED 560,000 · Jul 2022July 2022 | 36,000 /yr | |
| 615 | 1-bed | 945 sqft | AED 913KAED 912,594 · Jan 2018January 2018 | 43,890 /yr |
605, Platinum Residences 1 in numbers
- Sold twice: first on 26 January 2017 for AED 769,574, last on 24 November 2022 for AED 530,000 (AED 635 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 58,000 by August 2025.
- At AED 58,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 11,600 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 15 August 2025.
Questions about 605, Platinum Residences 1
What did unit 605 last sell for?
AED 530,000 on 24 November 2022: AED 635 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 769,574 in January 2017.
What is the rent for unit 605?
AED 58,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 49,500; the unit has been rented since November 2017.
How big is unit 605?
834 sqft (77.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 605 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 605, Platinum Residences 1
Starts from the last sale price (AED 530K, 24 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →