613, Platinum Residences 1
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 613, Platinum Residences 1
What is 613 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 6th of 8
- Parking
- G-91
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 12,300 /yr
- Last sold
- AED 585K · December 2023
- Building
- Platinum Residences 1
About 613, Platinum Residences 1
613 is a one-bedroom apartment of 880 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 11 December 2023 for AED 585,000, or AED 665 per sqft, 4% above the AED 642 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 16 April 2025, is AED 62,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 613 over time
613 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 613 sits
All 112 1-beds →613 last sold in December 2023 at AED 665 per sqft, 4% above what one-beds in Platinum Residences 1 were fetching at the time (AED 642). 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. 613's AED 62,000 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 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 | |
| 605 | 1-bed | 834 sqft | AED 530KAED 530,000 · Nov 2022November 2022 | 58,000 /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 | |
| 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 |
613, Platinum Residences 1 in numbers
- Sold twice: first on 15 March 2017 for AED 748,052, last on 11 December 2023 for AED 585,000 (AED 665 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 56,000 to AED 32,000 in 2021 and recovered to AED 62,000 by April 2025.
- At AED 62,000 a year the gross yield on the 2023 price is 10.6%, 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 16 April 2025.
Questions about 613, Platinum Residences 1
What did unit 613 last sell for?
AED 585,000 on 11 December 2023: AED 665 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 748,052 in March 2017.
What is the rent for unit 613?
AED 62,000 a year on the contract signed on 16 April 2025. The previous contract, from April 2023, was AED 45,000; the unit has been rented since August 2018.
How big is unit 613?
880 sqft (81.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 613 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 613, Platinum Residences 1
Starts from the last sale price (AED 585K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus AED 29,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →