Platinum Residence
A studio in Platinum Residence costs a median AED 879,246, rents long-let for AED 45,000/yr (5.12% gross), and returns 8.86% short-let at the assumed 80% occupancy — -3.3 pts vs Jumeirah Village Circle's 8.43% and -1.9 pts vs Dubai's 6.98% — from 11 sales and 56 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · Studio
- 11 in 12 months
- Rental contracts · Studio
- 27 in 12 months
- Buy
- 879,246AED
- AED 1,860/sqft
- Long-let
- 45,000AED
- AED 94/sqft · 5.12%
- Short-let
- 8.86%
- AED 348/night · 0.74/sqft
Price per sqft: Median of 11 registered sales of ready units in the last 3 months, most recent August 2026.
Priced off 11 sales in the last 3 months.
- Yield spread
- -3.3 pts
- vs the Jumeirah Village Circle median for this unit type
- Turnover upside
- +12.5%
- new tenants pay more than sitting ones — 80 renewals
- AED/yr/sqft
- AED 94
- Sales
- 11
- Rental contracts
- 56
- Renewal rent
- AED 40,000/yr
- 12 months
- +0.0%
- 3 years
- +12.5%+4.0%/yr
Based on 11 sales and 56 rental contracts in the last 24 months.
Platinum Residence is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2026 to 2026, 28 registered sales in all — the 11 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in Platinum Residence, by year.
Chart data: May 2019, 63 AED/yr/sqft; latest, Aug 2026, 68 AED/yr/sqft; peak, Sep 2025, 98 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Platinum Residence
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.63 AED/night/sqft; latest Sep 2027, 0.37 AED/night/sqft; peak Jan 2027, 0.96 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
Sales
14 resales in the last 3 months.
Rental contracts
12 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 7
- Lifts
- 2
- Parking bays
- 111
- Swimming pools
- 1
Nearby
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.
- Highest rental yields in Jumeirah Village Circle · Platinum Residence places 187th of 199
- Binghatti Corner · 7.65%
- Bloom Towers C · 10.83%
- Bloom Towers A · 8.18%
- Bloom Towers B
- Ghalia · 9.00%
- Bloom Heights A · 11.72%
- Bloom Heights B · 11.20%
- Binghatti Amber · 7.55%
Common questions
- What is the rental yield in Platinum Residence?
- Platinum Residence returns 5.12% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 56 rental contracts registered in the last 24 months.
- How much does a studio in Platinum Residence cost?
- The median registered sale price is AED 879,246 (1,860 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Platinum Residence selling for right now?
- Registered sales of ready units in Platinum Residence over the last 3 months have a median of 1,860 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- How does Platinum Residence compare with Jumeirah Village Circle?
- Its 5.12% gross yield sits -3.3 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.
- Does Platinum Residence earn more short-let than long-let?
- A night asks a median of AED 348, which models to 8.86% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.12% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Platinum Residence rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 56 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Cite as: Dubai Wealth Index. “Platinum Residence rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/platinum-residence.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.