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Platinum Residence 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Ggico
120
Total Units
120
Sold
⃃ 710,000
Median Price
⃃ 850
Median Price /sqft
Construction progress: 100% (As of Dec-2016)
Start: Oct, 2014Completion: Dec, 2016

Platinum Residence 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed120730 sqft - 1,060 sqft⃃ 0.7M (950 /sqft)⃃ 1,000 /sqft
-4.56

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart. So far: Platinum Residence 1 ⃃ 931 /sqft median

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment945 sqft7.45 sqft⃃ 850,000⃃ 899 /sqft23, Sep 2026
1Apartment902 sqft14.33 sqft⃃ 806,159⃃ 894 /sqft24, Apr 2017
1Apartment838 sqft11.9 sqft⃃ 780,000⃃ 931 /sqft11, Nov 2026
1Apartment862 sqft11.89 sqft⃃ 769,243⃃ 892 /sqft28, Jan 2018
1Apartment880 sqft9.86 sqft⃃ 755,000⃃ 858 /sqft02, Oct 2025
1Apartment876 sqft10.08 sqft⃃ 754,532⃃ 861 /sqft15, Dec 2016
1Apartment862 sqft9.83 sqft⃃ 710,826⃃ 825 /sqft15, Mar 2017
1Apartment834 sqft11.88 sqft⃃ 700,000⃃ 839 /sqft12, Nov 2024
1Apartment751 sqft9.86 sqft⃃ 655,407⃃ 873 /sqft04, Feb 2018
1Apartment730 sqft7.55 sqft⃃ 636,296⃃ 872 /sqft21, Sep 2016
1Apartment856 sqft11.9 sqft⃃ 620,000⃃ 724 /sqft09, Oct 2023
1Apartment858 sqft10.08 sqft⃃ 600,000⃃ 699 /sqft24, May 2024
1Apartment943 sqft13.95 sqft⃃ 590,000⃃ 626 /sqft06, Feb 2023
1Apartment734 sqft7.55 sqft⃃ 500,000⃃ 681 /sqft04, Jul 2019
1Apartment751 sqft9.86 sqft⃃ 450,000⃃ 599 /sqft24, Apr 2019

Platinum Residence 1 Real Estate Data – FAQ

  • What is the current property supply in Platinum Residence 1?

    Platinum Residence 1 has approximately 25 completed residential units.

  • How active is the real estate market in Platinum Residence 1?

    Platinum Residence 1 recorded 11 property transactions over the last 12 months.

  • What is the average price /sqft in Platinum Residence 1?

    The median recorded sale price in Platinum Residence 1 is ⃃ 950 /sqft.

  • What rental yield can investors expect in Platinum Residence 1?

    The gross rental yield in Platinum Residence 1 is 8%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Platinum Residence 1?

    The year-over-year median price per square foot change in Platinum Residence 1 is 11.1%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Platinum Residence 1?

    Platinum Residence 1 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Platinum Residence 1?

    The recorded off-plan pipeline in Platinum Residence 1 contains 0 units.

  • Is Platinum Residence 1 a good area for property investment?

    Assess Platinum Residence 1 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Platinum Residence 1 is 8%, calculated from median rental income and comparable median sale prices.