811, Platinum Residences 1
Sold prices and rental history: sold twice, last in June 2024, 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 811, Platinum Residences 1
What is 811 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 856 sqft
- Floor
- 8th of 8
- Parking
- G-26
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 11,900 /yr
- Last sold
- AED 650K · June 2024
- Building
- Platinum Residences 1
About 811, Platinum Residences 1
811 is a one-bedroom apartment of 856 sqft on the 8th 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 26 June 2024 for AED 650,000, or AED 759 per sqft, 6% above the AED 719 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 July 2021, is AED 38,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 811 over time
811 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 811 sits
All 112 1-beds →811 last sold in June 2024 at AED 759 per sqft, 6% above what one-beds in Platinum Residences 1 were fetching at the time (AED 719). 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. 811's AED 38,000 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 8th floor
All 120 units in Platinum Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 751 sqft | AED 750KAED 750,000 · Oct 2015October 2015 | 58,000 /yr | |
| 802 | 751 sqft | AED 760KAED 760,000 · Oct 2025October 2025 | 62,000 /yr | ||
| 803 | 1-bed | 730 sqft | AED 510KAED 510,000 · Oct 2022October 2022 | 46,000 /yr | |
| 804 | 1-bed | 838 sqft | AED 500KAED 500,000 · Sep 2018September 2018 | 50,000 /yr | |
| 805 | 1-bed | 834 sqft | AED 560KAED 560,000 · Aug 2023August 2023 | 66,000 /yr | |
| 806 | 1-bed | 730 sqft | AED 435KAED 435,000 · Jul 2020July 2020 | ||
| 807 | 969 sqft | AED 850KAED 850,000 · Oct 2025October 2025 | 60,000 /yr | ||
| 808 | 1-bed | 1,017 sqft | AED 780KAED 780,000 · Oct 2024October 2024 | 67,007 /yr | |
| 809 | 1-bed | 858 sqft | AED 1.03MAED 1,025,000 · Apr 2019April 2019 | 61,000 /yr | |
| 810 | 1-bed | 876 sqft | AED 500KAED 500,000 · Jan 2020January 2020 | 37,000 /yr | |
| 812 | 1-bed | 862 sqft | AED 700KAED 700,000 · Aug 2017August 2017 | 48,000 /yr | |
| 813 | 1-bed | 880 sqft | AED 690KAED 690,000 · Jun 2017June 2017 | 58,500 /yr | |
| 814 | 1-bed | 862 sqft | AED 363KAED 362,500 · Jun 2017June 2017 | 65,000 /yr | |
| 815 | 1-bed | 1,061 sqft | AED 478KAED 477,666 · Jan 2022January 2022 | 66,000 /yr |
811, Platinum Residences 1 in numbers
- Sold twice: first on 25 June 2015 for AED 759,401, last on 26 June 2024 for AED 650,000 (AED 759 per sqft).
- Rented since April 2018 on 4 Ejari contracts, from AED 60,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 11,900 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 26 June 2024.
Questions about 811, Platinum Residences 1
What did unit 811 last sell for?
AED 650,000 on 26 June 2024: AED 759 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 759,401 in June 2015.
What is the rent for unit 811?
AED 38,000 a year on the contract renewed on 10 July 2021. The previous contract, from July 2020, was AED 38,000; the unit has been rented since April 2018.
How big is unit 811?
856 sqft (79.5 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 811 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 811, Platinum Residences 1
Starts from the last sale price (AED 650K, 26 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →