Platinum Residence 1, Silicon Oasis: sale prices and transactions
Platinum Residence 1 is a project registered with the Dubai Land Department (project no. 1589) in Silicon Oasis. Since April 2015, 221 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 10 sales closed at a median AED 10,293 per m² (AED 956 per sq ft).
- AED 10,293median price per m²
- AED 956median price per sq ft
- 221sales since 2015
- 10sales in 12 months
Its price per m² is 20.4% below the Silicon Oasis median (AED 12,937/m²). Sales combine off-plan purchases (38%) and resales of completed homes.
Platinum Residence 1 prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 10 | AED 715,000 | 70 m² |
Platinum Residence 1 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 15 | AED 6,523 | AED 606 | — |
| 2020 | 6 | AED 6,011 | AED 558 | -7.8% |
| 2022 | 7 | AED 6,842 | AED 636 | — |
| 2023 | 13 | AED 6,971 | AED 648 | +1.9% |
| 2024 | 17 | AED 8,252 | AED 767 | +18.4% |
| 2025 | 14 | AED 9,341 | AED 868 | +13.2% |
| 2026 (to mid-October) | 9 | AED 10,320 | AED 959 | +10.5% |
Platinum Residence 1 rents
62 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 8.4%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 62 | AED 60,405 | 55,000 – 65,000 | AED 63,000 |
Location
- Landmark: IMG World Adventures
Neighbouring projects in Silicon Oasis
Same price per m² elsewhere in Dubai
- Niloofar, Jaddaf Waterfront — AED 10,299/m²
- The Pulse Townhouses, Dubai South Residential District — AED 10,267/m²
- Verdana 2, Dubai Investment Park First — AED 10,304/m²
- K1, Dubai Land Residence Complex — AED 10,262/m²
Other projects in Silicon Oasis
- La Visita 01 — AED 10,297/m²
- Topaz Residences 1 — AED 10,286/m²
- Ruby Residence — AED 10,308/m²
- Oasis Star — AED 10,248/m²
- La Vista 03 — AED 10,339/m²
- Sapphire Residence — AED 10,232/m²
- Topaz Residences 3 — AED 10,408/m²
- S.p Oasis — AED 10,470/m²
Silicon Oasis property prices · Silicon Oasis rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Platinum Residence 1?
Over the last 12 months the median is AED 956 per sq ft (AED 10,293 per m²) across 10 DLD sales.
How much is a 1 bedroom at Platinum Residence 1?
Median sale price AED 715,000 for a median 70 m², across 10 sales over the last 12 months.
How many sales have been registered at Platinum Residence 1?
221 residential sales registered with the DLD between April 2015 and October 2026, 38% of them off-plan.
Where is Platinum Residence 1?
In Silicon Oasis (DLD area Nadd Hessa), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.