Platinum Tower

Completed · Q4 2012|453 units · 1 podium

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Platinum Tower is a completed apartment development by ALSHAFAR DEVELOPMENT L.L.C in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 453 registered units. 804 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,528 per sqft. At AED 2,528 per sqft, Platinum Tower prices 38% above the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.

PIX© price · ↑13.2% YoY

2.51MAED

Typical

2,528AED

PSF

Gross yield

7.5%

PIX© rent ÷ PIX© price

Sale records

804

DLD · all time

Rent contracts

3,019

Ejari · all time

SATELLITE

LocationJumeirah Lakes Towers in Al Thanyah Fifth

Drive times · typical

Downtown Dubai24 min · 25.4 km

DXB Airport27 min · 35.1 km

DIFC26 min · 27.4 km

Dubai Marina11 min · 4.8 km

Palm Jumeirah17 min · 13.2 km

Nearest · straight-line

Metro stationDMCC Metro Station0.5 km

MallManicur0.2 km

SchoolSwim And Fit With Haggo0.1 km

HospitalGerman Clinic 2 DMCC

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Platinum Tower2,528AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 489 – 1,439 sqft	453	2.51M	2,528	↑13.2%	187K	7.5%
Office 547 – 1,221 sqft	419
Shop 489 – 1,439 sqft	34

Sales — Project-Wide804 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	83 sales
Floors 7-31	53 sales
Floors 32-43	30 sales

Median PSF · 83 sales

Floors 7-31 · 53 sales

Floors 32-43 · 30 sales

Latest transactions

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Jul 2026	Floor 21	1,221	2,700,007	2,210	+121.1%	Entry Level	Standard Sale
27 Jul 2026	Floor 15	1,058	3,000,000	2,836	+233.3%	Premium	Standard Sale
27 Jul 2026	Floor 15	1,221	3,500,000	2,865	+226.9%	Premium	Standard Sale

Rentals — Project-Wide3,019 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Latest contracts

Start Date	Unit	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Mar 2027	—	1,058	143,325	136	—	Standard	renewal
14 Sep 2026	—	1,135	220,573	—	—	Standard	renewal
14 Sep 2026	—	1,027	220,573	—	—	Standard	renewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Platinum Tower

Compared with

Jumeirah Business Centre1

PIX© PSF

2,624

Rank

#9 of 31

#8 of 31

Typical price

1.88M

Yield

9.9%

Units

453

341

Sales

148

122

Rents

579

413

Developer

ALSHAFAR DEVELOPMENT L.L.C

AL FAJER PROPERTIES (L. L. C)

Handover

2012

2011

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Jumeirah Business Centre 4 AL FAJER PROPERTIES (L. L. C) · 2010	253					101	234
	Ag Tower DUBAI MULTI COMMODITIES CENTER · 2009	380					125	388
	Jumeirah Business Centre 5 AL FAJER PROPERTIES (L. L. C) · 2010	299					126	339
	Jumeirah Business Centre2 AL FAJER PROPERTIES (L. L. C) · 2010	295					95	348
	Jumeirah Business Centre1 AL FAJER PROPERTIES (L. L. C) · 2011	341					122	413
9	Platinum Tower ALSHAFAR DEVELOPMENT L.L.C · 2012	453	2,624	Subject	1.88M	9.9%	148	579
	Saba Tower 1 SABA PROPERTIES DMCC · 2008	188					63	217
	Concorde Tower 32 GROUP PROPERTIES LIMITED · 2008	502					203	618
	Indigo Tower JUMEIRAH PROPERTIES INVESTMENTS LTD · 2008	348					109	438
	Dubai Arch Tower AABER FACILITES MANAGEMENT (L.L.C) · 2009	404					141	517
	Business Avenue Aa1 AL MAZAYA HOLDING COMPANY · 2011	365					168	516

Community median 1,623 AED/sqft. Showing the closest-ranked peers of 31 ranked projects in the community. 6 community projects excluded for insufficient recorded sales. 7 excluded for trading only in the off-plan market. 29 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Jumeirah Business Centre1AED 2,544/sqft
Saba 4AED 2,603/sqft
Viewz 2 By DanubeAED 2,400/sqft
Diamondz By DanubeAED 2,399/sqft
Ag TowerAED 2,670/sqft
Banyan Tree Residences Hillside DubaiAED 2,371/sqft

Common questions about Platinum Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Platinum Tower cost?

Property in Platinum Tower sells at a current PIX© price of AED 2,528 per sqft, or about AED 2,509,984 for a typical unit, based on 804 sales registered with the Dubai Land Department.

Is Platinum Tower completed?

Yes. Platinum Tower is recorded as completed in the Dubai Land Department project register (completed q4 2012).

Who is the developer of Platinum Tower?

Platinum Tower is developed by ALSHAFAR DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Platinum Tower?

Platinum Tower yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 3,019 registered Ejari contracts.

How many units are in Platinum Tower?

Platinum Tower holds 453 registered units, per the Dubai Land Department unit register.

Have prices in Platinum Tower gone up or down?

Price per sqft has risen +13.2% over the last 12 months, to AED 2,528, across 804 registered sales.