Platinum Residence 1

Completed 2015
120 units
8 floors
3 lifts
132 parking bays
1 pool

A one-bed here leases for about AED 63,000 a year, 8% above the typical Dubai Silicon Oasis one-bed. New tenants pay more than renewing ones, who pay AED 56,000.

New-lease rent · 1 bed: 63.0k; +1.6% · 36 leases
Rent per sqft · a year: 75; new leases
Renewals against new · 1 bed: -11%; 56.0k against 63.0k
Units on a lease: 54%; Dubai Silicon Oasis median 62%
Annual leases, 12 months: 65; new and renewed

Registered Dubai Land Department and Ejari records. dubaiwealthindex.com

DUBAI WEALTH INDEX · Platinum Residence 1 · Dubai Silicon Oasis · For rent

02 / 06

01 · What it rents for · every unit type

What each unit type lets for, and what renewing tenants pay

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DUBAI WEALTH INDEX · Platinum Residence 1 · Dubai Silicon Oasis · For rent

03 / 06

02 · Rent and price · 1 bed

How the price and the rent per sqft moved, year by year

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DUBAI WEALTH INDEX · Platinum Residence 1 · Dubai Silicon Oasis · For rent

04 / 06

03 · Letting · all units

How much of Platinum Residence 1 is let on a yearly lease, against its area

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DUBAI WEALTH INDEX · Platinum Residence 1 · Dubai Silicon Oasis · For rent

05 / 06

04 · Supply · Dubai Silicon Oasis

How many homes are planned in Dubai Silicon Oasis, against the homes let today

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DUBAI WEALTH INDEX · Platinum Residence 1 · Dubai Silicon Oasis · For rent

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05 · Comparables · Dubai Silicon Oasis

How its rent compares with its neighbours, and what to check before signing

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