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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 -1.8 pts vs Dubai's 6.97% — 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
5.12%
AED 45,000/yr
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

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.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 879,24618605.12%
-3.3 pts
11
1 bedAED 1.37M16315.66%
-2.1 pts
3

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
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.

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
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m3480.74AED 77,936AED 45,0001.7×8.86%3+
1 bed500m5590.67AED 123,848AED 77,5001.6×9.04%25+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

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
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Platinum Residence itself had too few listings of that type to measure.

Recent transactions

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

Sales

DateTypeSqftPriceAED/sqft
21 Aug 2026Studio472AED 877,8571,860
20 Aug 2026Studio472AED 897,2871,899
20 Aug 2026Studio476AED 903,6101,900
19 Aug 2026Studio471AED 864,6501,837
19 Aug 2026Studio468AED 859,7091,837
12 Aug 20261 bed892AED 1,454,5011,631
27 Jul 2026Studio465AED 788,3481,695
8 Jul 2026Studio488AED 879,2461,800
6 Jul 2026Studio477AED 905,2601,899
6 Jul 2026Studio468AED 889,1101,900
30 Jun 2026Studio473AED 897,0831,898
22 Jun 20261 bed703AED 1,124,5521,599
10 Jun 20261 bed806AED 1,369,4991,699
9 Jun 2026Studio472AED 816,9621,731

14 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
31 Aug 20261 bed1,024AED 64,50063Renewal
28 Aug 2026Studio476AED 40,00084New
25 Aug 2026Studio471AED 40,00085New
15 Aug 2026Studio601AED 40,00067New
10 Aug 2026Studio476AED 42,00088New
10 Aug 20261 bed1,024AED 60,00059Renewal
1 Aug 2026Studio548AED 44,86082Renewal
28 Jul 2026Studio475AED 42,47789Renewal
25 Jul 20262 bed1,882AED 95,00050New
15 Jul 20261 bed804AED 52,26365Renewal
15 Jul 20261 bed1,003AED 58,29458Renewal
25 Jun 2026Studio485AED 38,04678Renewal

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.

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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

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 sale record

Record type
Building-level property market record
Data date
Evidence base
11 registered sales 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
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/platinum-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Platinum Residence sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/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.