{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/shops/jumeirah-lake-towers/platinum-tower","canonicalUrl":"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/platinum-tower","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/platinum-tower","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Platinum Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/platinum-tower","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/platinum-tower). “Platinum Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/platinum-tower\">Dubai Wealth Index</a>. “Platinum Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"shop","assetClassLabel":"Shops","area":{"name":"Jumeirah Lake Towers","slug":"jumeirah-lake-towers","dldAreaId":"350"},"building":{"name":"Platinum Tower","slug":"platinum-tower"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial sales","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"leases":{"name":"Ejari physical-unit lease contracts","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-12"},"registeredUnits":{"name":"DLD unit register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"registeredBuildings":{"name":"DLD building register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"projects":{"name":"DLD project register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-07-06"},"serviceCharges":{"name":"RERA/Mollak approved service charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":1733.16,"medianRentPsf":220.27,"grossYieldPct":null,"serviceChargePsf":null,"yieldAfterServiceChargePct":null,"sales12m":1,"newLeases12m":5,"priorNewLeases12m":11,"leasingDemandChangePct":-54.55,"registeredStock":34,"totalStock":34,"liquidityPct":2.94,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"sale_psf","month":"2013-03-01","value":1776.61,"recordCount":10},{"metric":"new_leases","month":"2013-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-04-01","value":156.41,"recordCount":1},{"metric":"sale_psf","month":"2013-05-01","value":1343.28,"recordCount":1},{"metric":"sale_psf","month":"2013-06-01","value":1816.37,"recordCount":1},{"metric":"new_leases","month":"2013-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-07-01","value":117.38,"recordCount":1},{"metric":"sale_psf","month":"2013-10-01","value":1785.14,"recordCount":1},{"metric":"sale_psf","month":"2014-04-01","value":1793.89,"recordCount":10},{"metric":"rent_psf","month":"2014-06-01","value":250,"recordCount":1},{"metric":"new_leases","month":"2014-06-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2014-06-01","value":2044.52,"recordCount":1},{"metric":"rent_psf","month":"2014-09-01","value":161.23,"recordCount":1},{"metric":"new_leases","month":"2014-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2014-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-11-01","value":196.52,"recordCount":1},{"metric":"sale_psf","month":"2015-01-01","value":1799.84,"recordCount":2},{"metric":"new_leases","month":"2015-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-04-01","value":289,"recordCount":1},{"metric":"rent_psf","month":"2015-09-01","value":174.43,"recordCount":3},{"metric":"new_leases","month":"2015-09-01","value":3,"recordCount":3},{"metric":"sale_psf","month":"2015-09-01","value":1801.38,"recordCount":3},{"metric":"sale_psf","month":"2015-10-01","value":1799.8,"recordCount":3},{"metric":"new_leases","month":"2015-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-11-01","value":206.34,"recordCount":1},{"metric":"rent_psf","month":"2016-02-01","value":194.52,"recordCount":1},{"metric":"new_leases","month":"2016-02-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2016-10-01","value":2575.02,"recordCount":1},{"metric":"new_leases","month":"2016-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-11-01","value":206.34,"recordCount":1},{"metric":"sale_psf","month":"2016-12-01","value":2650.01,"recordCount":2},{"metric":"rent_psf","month":"2017-02-01","value":71.65,"recordCount":1},{"metric":"new_leases","month":"2017-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-07-01","value":157.86,"recordCount":2},{"metric":"new_leases","month":"2017-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2017-11-01","value":167.38,"recordCount":3},{"metric":"new_leases","month":"2017-11-01","value":3,"recordCount":3},{"metric":"sale_psf","month":"2017-12-01","value":2143.81,"recordCount":4},{"metric":"new_leases","month":"2017-12-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2017-12-01","value":334.57,"recordCount":2},{"metric":"rent_psf","month":"2018-01-01","value":166.75,"recordCount":1},{"metric":"new_leases","month":"2018-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-03-01","value":91,"recordCount":3},{"metric":"new_leases","month":"2018-03-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2018-04-01","value":215.33,"recordCount":5},{"metric":"new_leases","month":"2018-04-01","value":5,"recordCount":5},{"metric":"rent_psf","month":"2018-05-01","value":207.92,"recordCount":2},{"metric":"new_leases","month":"2018-05-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2018-06-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2018-06-01","value":195.83,"recordCount":2},{"metric":"new_leases","month":"2018-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-08-01","value":177.94,"recordCount":1},{"metric":"rent_psf","month":"2018-12-01","value":189.62,"recordCount":1},{"metric":"new_leases","month":"2018-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-04-01","value":198.37,"recordCount":2},{"metric":"new_leases","month":"2019-04-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2019-06-01","value":200.07,"recordCount":1},{"metric":"new_leases","month":"2019-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-08-01","value":130.38,"recordCount":1},{"metric":"new_leases","month":"2019-08-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2020-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-01-01","value":221.08,"recordCount":1},{"metric":"new_leases","month":"2020-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-04-01","value":205.18,"recordCount":1},{"metric":"new_leases","month":"2020-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-05-01","value":206.37,"recordCount":1},{"metric":"rent_psf","month":"2020-09-01","value":184.01,"recordCount":1},{"metric":"new_leases","month":"2020-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2020-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-10-01","value":165.54,"recordCount":1},{"metric":"rent_psf","month":"2020-11-01","value":191.5,"recordCount":4},{"metric":"new_leases","month":"2020-11-01","value":4,"recordCount":4},{"metric":"new_leases","month":"2021-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-01-01","value":119.42,"recordCount":2},{"metric":"rent_psf","month":"2021-02-01","value":97.13,"recordCount":1},{"metric":"new_leases","month":"2021-02-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2021-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-03-01","value":145.73,"recordCount":2},{"metric":"rent_psf","month":"2021-04-01","value":88.42,"recordCount":2},{"metric":"new_leases","month":"2021-04-01","value":2,"recordCount":2},{"metric":"sale_psf","month":"2021-11-01","value":2063.42,"recordCount":1},{"metric":"new_leases","month":"2022-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-01-01","value":98.26,"recordCount":1},{"metric":"new_leases","month":"2022-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-03-01","value":208.41,"recordCount":2},{"metric":"new_leases","month":"2022-11-01","value":3,"recordCount":3},{"metric":"sale_psf","month":"2022-11-01","value":2554.44,"recordCount":1},{"metric":"rent_psf","month":"2022-11-01","value":203.45,"recordCount":3},{"metric":"rent_psf","month":"2022-12-01","value":197.48,"recordCount":1},{"metric":"new_leases","month":"2022-12-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2023-01-01","value":2642.03,"recordCount":3},{"metric":"sale_psf","month":"2023-02-01","value":2508.51,"recordCount":2},{"metric":"new_leases","month":"2023-04-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2023-04-01","value":222.87,"recordCount":4},{"metric":"rent_psf","month":"2023-06-01","value":220.27,"recordCount":1},{"metric":"new_leases","month":"2023-06-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2023-10-01","value":2614.83,"recordCount":2},{"metric":"new_leases","month":"2023-10-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2023-10-01","value":226.13,"recordCount":3},{"metric":"rent_psf","month":"2023-12-01","value":197.95,"recordCount":1},{"metric":"new_leases","month":"2023-12-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2024-02-01","value":2700.01,"recordCount":1},{"metric":"sale_psf","month":"2024-03-01","value":2700.02,"recordCount":1},{"metric":"new_leases","month":"2024-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-04-01","value":149.37,"recordCount":1},{"metric":"new_leases","month":"2024-10-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2024-10-01","value":118.74,"recordCount":2},{"metric":"rent_psf","month":"2025-03-01","value":168.67,"recordCount":1},{"metric":"new_leases","month":"2025-03-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2025-03-01","value":2507.89,"recordCount":1},{"metric":"sale_psf","month":"2025-04-01","value":2800,"recordCount":1},{"metric":"rent_psf","month":"2025-04-01","value":238,"recordCount":4},{"metric":"new_leases","month":"2025-04-01","value":4,"recordCount":4},{"metric":"sale_psf","month":"2025-06-01","value":2617.47,"recordCount":2},{"metric":"sale_psf","month":"2025-07-01","value":2200.01,"recordCount":1},{"metric":"new_leases","month":"2025-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2025-08-01","value":185.84,"recordCount":1},{"metric":"new_leases","month":"2025-09-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2025-09-01","value":104.21,"recordCount":3},{"metric":"sale_psf","month":"2025-10-01","value":1733.16,"recordCount":1},{"metric":"new_leases","month":"2026-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-05-01","value":198.8,"recordCount":2},{"metric":"new_leases","month":"2026-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-06-01","value":220.27,"recordCount":1},{"metric":"new_leases","month":"2026-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-07-01","value":278.54,"recordCount":2}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}