Project profile
Platinum Residence 1 Project · Dubai Silicon Oasis · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Gulf General Investments
Data to 5 November 2026
- Registered sales
- 10
- Last 12 months
- Median ready price
- AED 953
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 15 May 2015. In the last 12 months, Dubai Land Department registered 10 sales in Platinum Residence 1, worth AED 7.3M in total. The median price of ready homes was 953 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A completed project.
Completed
- Start
- 8 September 2013
- DLD end date
- 31 October 2016
- Completion
- 15 May 2015
- Units
- 120
- Buildings
- 1
Platinum Residence 1 registered prices, over time.
Median registered price, AED per sq ft
Too few registered sales for a monthly price trend.
What does each home type sell and rent for in Platinum Residence 1?
Apartment · 1 bed
- Ready median price
- AED 700K
- Median yearly rent
- AED 62K
- Gross yield
- 8.9%
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Dubai Silicon Oasis area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Dubai Silicon Oasis area reportThe latest registered sales in Platinum Residence 1.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 7 Oct 2026 | Apartment · 1 bed · Ready | 730 sqft | AED 700,000 | 959 |
| 23 Sep 2026 | Apartment · 1 bed · Ready | 945 sqft | AED 850,000 | 899 |
| 20 Aug 2026 | Apartment · 1 bed · Ready | 751 sqft | AED 600,000 | 799 |
| 18 Aug 2026 | Apartment · 1 bed · Ready | 730 sqft | AED 700,000 | 959 |
| 22 Apr 2026 | Apartment · 1 bed · Ready | 862 sqft | AED 679,628 | 788 |
| 11 Feb 2026 | Apartment · 1 bed · Ready | 751 sqft | AED 730,000 | 972 |
| 10 Feb 2026 | Apartment · 1 bed · Ready | 730 sqft | AED 740,000 | 1,014 |
| 9 Feb 2026 | Apartment · 1 bed · Ready | 751 sqft | AED 740,000 | 985 |
| 23 Jan 2026 | Apartment · 1 bed · Ready | 876 sqft | AED 835,000 | 953 |
| 1 Dec 2025 | Apartment · 1 bed · Ready | 862 sqft | AED 700,000 | 812 |
7 Oct 2026
Apartment1 bedReady730 sqft
AED 700,000959 AED/sqft
23 Sep 2026
Apartment1 bedReady945 sqft
AED 850,000899 AED/sqft
20 Aug 2026
Apartment1 bedReady751 sqft
AED 600,000799 AED/sqft
18 Aug 2026
Apartment1 bedReady730 sqft
AED 700,000959 AED/sqft
22 Apr 2026
Apartment1 bedReady862 sqft
AED 679,628788 AED/sqft
11 Feb 2026
Apartment1 bedReady751 sqft
AED 730,000972 AED/sqft
10 Feb 2026
Apartment1 bedReady730 sqft
AED 740,0001,014 AED/sqft
9 Feb 2026
Apartment1 bedReady751 sqft
AED 740,000985 AED/sqft
23 Jan 2026
Apartment1 bedReady876 sqft
AED 835,000953 AED/sqft
1 Dec 2025
Apartment1 bedReady862 sqft
AED 700,000812 AED/sqft
Questions about Platinum Residence 1
What is the price per sq ft in Platinum Residence 1?
In the 12 months to 5 November 2026, the median registered sale price of ready homes was 953 AED/sqft.
How many homes were sold in Platinum Residence 1 in the last 12 months?
In the last 12 months, Dubai Land Department registered 10 sales in Platinum Residence 1, worth AED 7.3M in total. The median price of ready homes was 953 AED/sqft. Registered sales to 5 November 2026.
What is the rent in Platinum Residence 1?
In the 12 months to 5 November 2026, Apartment · 1 bed was the most rented home type in Platinum Residence 1, at a median of AED 62,000 a year over 35 new contracts. Against its ready median price of AED 700,000, that is a gross yield of 8.9%, before service charges and other costs.
When was Platinum Residence 1 completed?
Dubai Land Department lists the project as completed on 15 May 2015.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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