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Project · Transactions · 2019

Platinum Residence 1 Property Transactions 2019

14 property sales worth ⃃ 8.28M were registered in Platinum Residence 1 in 2019, 6.7% lower than 2018 by number of sales. The median sale price was ⃃ 517,500 and the median price per square foot ⃃ 603 (−25.1% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 14 salesUpdated: 15 Nov 2026
Property sales
14
−6.7% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 8.28M
−22.2% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 517,500
−27.1% vs 2018
14 sales
Median price per sq ft
⃃ 603
−25.1% vs 2018
14 sales

What types of property sold in Platinum Residence 1 in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 8.28M⃃ 517,500⃃ 603

How were 2019 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)428.6%⃃ 2.62M⃃ 644,707⃃ 761
Resale (secondary)1071.4%⃃ 5.66M⃃ 500,000⃃ 593
Ready14100%⃃ 8.28M⃃ 517,500⃃ 603

How many rental contracts were registered in Platinum Residence 1 in 2019?

66 rental contracts (new and renewed) were registered in Platinum Residence 1 in 2019, at a median annual rent of ⃃ 49,500 (−14.7% on 2018). Rental yields in Platinum Residence 1

What were the most expensive property sales in Platinum Residence 1 in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/04/2019Platinum Residence 11 bed · Apartment858 sq ft⃃ 1,025,000Resale · Ready
08/01/2019Platinum Residence 11 bed · Apartment890 sq ft⃃ 813,055Primary · Ready
20/01/2019Platinum Residence 11 bed · Apartment856 sq ft⃃ 769,414Primary · Ready
22/01/2019Platinum Residence 11 bed · Apartment1,017 sq ft⃃ 600,000Resale · Ready
19/08/2019Platinum Residence 11 bed · Apartment751 sq ft⃃ 585,000Resale · Ready
13/11/2019Platinum Residence 11 bed · Apartment858 sq ft⃃ 520,000Primary · Ready
14/11/2019Platinum Residence 11 bed · Apartment834 sq ft⃃ 520,000Primary · Ready
27/06/2019Platinum Residence 11 bed · Apartment880 sq ft⃃ 515,000Resale · Ready
04/07/2019Platinum Residence 11 bed · Apartment734 sq ft⃃ 500,000Resale · Ready
21/05/2019Platinum Residence 11 bed · Apartment838 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
14/11/2019Platinum Residence 11 bed · Apartment834 sq ft⃃ 520,000Primary · Ready
13/11/2019Platinum Residence 11 bed · Apartment858 sq ft⃃ 520,000Primary · Ready
30/09/2019Platinum Residence 11 bed · Apartment862 sq ft⃃ 500,000Resale · Ready
25/09/2019Platinum Residence 11 bed · Apartment834 sq ft⃃ 490,000Resale · Ready
19/08/2019Platinum Residence 11 bed · Apartment751 sq ft⃃ 585,000Resale · Ready
04/07/2019Platinum Residence 11 bed · Apartment734 sq ft⃃ 500,000Resale · Ready
27/06/2019Platinum Residence 11 bed · Apartment880 sq ft⃃ 515,000Resale · Ready
21/05/2019Platinum Residence 11 bed · Apartment838 sq ft⃃ 500,000Resale · Ready
24/04/2019Platinum Residence 11 bed · Apartment751 sq ft⃃ 450,000Resale · Ready
17/04/2019Platinum Residence 11 bed · Apartment858 sq ft⃃ 1,025,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2019 with the whole of 2018.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/platinum-residence-1/2019
Platinum Residence 1 Property Transactions 2019. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/platinum-residence-1/2019

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Platinum Residence 1 in 2019?
14 property sales worth ⃃ 8,277,468 were registered in Platinum Residence 1 in 2019. That is 6.7% lower than 2018.
What was the median property price in Platinum Residence 1 in 2019?
The median sale price was ⃃ 517,500 and the median price per square foot ⃃ 603 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Platinum Residence 1 were off-plan or from developers?
Developer (primary) sales were 28.6% of the 14 sales and resales 71.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/platinum-residence-1/2019