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Platinum Residence 1

A 1 bed in Platinum Residence 1 costs a median AED 722,500 and rents long-let for AED 62,000/yr (8.86% gross) — +0.5 pts vs Dubai Silicon Oasis's 8.36% and +1.9 pts vs Dubai's 6.97% — from 28 sales and 68 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
14 in 12 months
Rental contracts · 1 bed
34 in 12 months
Buy
722,500AED
AED 945/sqft
Long-let
8.86%
AED 62,000/yr

Price per sqft: Median of 14 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
+0.5 pts
vs the Dubai Silicon Oasis median for this unit type
Turnover upside
+18.1%
new tenants pay more than sitting ones — 66 renewals
AED/yr/sqft
AED 75
Sales
28
Rental contracts
68
Renewal rent
AED 52,500/yr
12 months
+16.2%
3 years
+45.9%+13.4%/yr

Based on 28 sales and 68 rental contracts in the last 24 months.

Platinum Residence 1 is an apartment building in Dubai Silicon Oasis, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 438 registered sales in all — the 28 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 722,5008498.86%
+0.5 pts
+16.2%28

Deltas compare each yield with the Dubai Silicon Oasis median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in Platinum Residence 1 between 2015 and 2019 went for a median of AED 904/sqft (AED 768,962). The same building resells today at AED 849/sqft (AED 722,500) — an uplift of -6.0%.

Based on 84 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

14 resales in the last 12 months, against 15 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Aug 20261 bed751AED 600,000799
18 Aug 20261 bed730AED 700,000959

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
25 Aug 20261 bed751AED 60,00080New
25 Aug 20261 bed751AED 60,00080New
1 Aug 20261 bed730AED 62,00085New
29 Jul 20261 bed862AED 65,00075New
18 Jul 20261 bed858AED 57,00066New
10 Jul 20261 bed880AED 60,00068New
1 Jul 20261 bed862AED 65,00075New
30 Jun 20261 bed880AED 65,00074New
25 Jun 20261 bed856AED 30,00035New
20 Jun 20261 bed856AED 55,00064New
20 Jun 20261 bed880AED 58,50067New
15 Jun 20261 bed862AED 60,00070New
9 Jun 20261 bed838AED 50,00060Renewal
1 Jun 20261 bed858AED 55,00064New
1 Jun 20261 bed730AED 48,39066Renewal
31 May 20261 bed834AED 49,72560Renewal

16 contracts starting on or after 26 May 2026.

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
8
Flats
120
Lifts
3
Parking bays
132
Swimming pools
1
Flats per lift
40
Parking per flat
1.1
Pools per 100 flats
0.83

Nearby

Landmark
IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Dubai Silicon Oasis, on the same figures over the same window.

Common questions

What is the rental yield in Platinum Residence 1?
Platinum Residence 1 returns 8.86% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 68 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Platinum Residence 1 cost?
The median registered sale price is AED 722,500 (849 AED/sqft), from 28 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Platinum Residence 1 selling for right now?
Registered sales of ready units in Platinum Residence 1 over the last 12 months have a median of 945 AED/sqft, across 14 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.
Have prices in Platinum Residence 1 risen or fallen?
Median price per square foot moved +16.2% over the last 12 months against the 12 before it, on 28 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Platinum Residence 1 compare with Dubai Silicon Oasis?
Its 8.86% gross yield sits +0.5 pts against the Dubai Silicon Oasis median of 8.36%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Platinum Residence 1 sale record

Record type
Building-level property market record
Data date
Evidence base
28 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubai-silicon-oasis/platinum-residence-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Platinum Residence 1 sale prices and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-silicon-oasis/platinum-residence-1.

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.