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Platinum Residence 1 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 120 registered units. 218 sales are registered with the Dubai Land Department, at a current PIX© price of AED 789 per sqft. At AED 789 per sqft, Platinum Residence 1 prices 41% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.
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 | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 730 – 1,061 sqft | 120 | 746K | 789 | ↓15.3% | 61K | 8.1% | |
1 Bed · Apartment 730 – 1,061 sqft | 120 | ||||||
2 Bed · Apartment — | — | — | — | — | — | — | — |
Villa (Bedrooms Unknown) 43,283 sqft | — | — | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 21 Apr 2026 | Floor 4 | 862 | 679,628 | 789 | +1.4% | Entry Level | Development Sale |
| 11 Feb 2026 | Floor 3 | 751 | 730,000 | 972 | +3.1% | Standard | Development Sale |
| 10 Feb 2026 | Floor 3 | 730 | 740,000 | 1,014 | +7.8% | Premium | Development Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 140 rentals |
| Floors 1-2 | 41 rentals |
| Floors 3-5 | 47 rentals |
| Floors 6-8 | 52 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | Floor 3 | 730 | 62,000 | 85 | +3.3% | Standard | new |
| 29 Jul 2026 | Floor 3 | 862 | 65,000 | 75 | -16.7% | Standard | new |
| 18 Jul 2026 | Floor 8 | 858 | 57,000 | 66 | -6.6% | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Silicon Oasis
The closest-priced registered projects in Silicon Oasis.
- University View BAED 784/sqft
- S.p OasisAED 799/sqft
- Cordoba PalaceAED 801/sqft
- Sevanam CrownAED 803/sqft
- Silicon ArchAED 810/sqft
- Silicon Gate 3AED 819/sqft
Common questions about Platinum Residence 1
Answered from Dubai Land Department registered transactions.
How much does a property in Platinum Residence 1 cost?
Property in Platinum Residence 1 sells at a current PIX© price of AED 789 per sqft, or about AED 746,327 for a typical unit, based on 218 sales registered with the Dubai Land Department.
Is Platinum Residence 1 completed?
Yes. Platinum Residence 1 is recorded as completed in the Dubai Land Department project register (completed q4 2016).
Who is the developer of Platinum Residence 1?
Platinum Residence 1 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Platinum Residence 1?
Platinum Residence 1 yields 8.1% gross, calculated from current PIX© rent against current PIX© sale price, across 651 registered Ejari contracts.
How many units are in Platinum Residence 1?
Platinum Residence 1 holds 120 registered units, per the Dubai Land Department unit register.
Have prices in Platinum Residence 1 gone up or down?
Price per sqft has fallen -15.3% over the last 12 months, to AED 789, across 218 registered sales.
About Platinum Residence 1
Platinum Residence 1 is a seven-storey mid-rise residential building developed by Gulf General Investments Company (GGICO) in the Nadd Hessa community of Dubai Silicon Oasis.
Development and Timeline
The construction of Platinum Residence 1 commenced on September 8, 2013, and reached completion by October 31, 2016. Handover and occupancy began shortly after in December 2016. Developed by Gulf General Investments Company (GGICO), the building's architectural design was carried out by Design Center. The project was valued at an estimated AED 31,500,000 prior to construction.
Physical Structure and Units
Platinum Residence 1 is a mid-rise tower rising seven storeys above ground. It is situated on Plot No. 20-013 in Nadd Hessa. The building features approximately 120 residential units, which are exclusively one-bedroom apartments. These units range in size from 730 to 1,096 square feet. Every apartment includes an en-suite bedroom, built-in wardrobes, a fully fitted kitchen, and a private balcony.
Amenities and Facilities
Residents have access to standard building amenities, including a temperature-controlled swimming pool, a fully equipped gymnasium, sauna and steam rooms, a dedicated kids' play area, and covered parking. The building is serviced by three high-speed elevators and features 24-hour security with CCTV monitoring.
Location and Connectivity
Situated in Dubai Silicon Oasis, the property offers easy accessibility to major arterial highways, specifically Sheikh Mohammed Bin Zayed Road (E311) and Dubai–Al Ain Road (E66). It is conveniently located near Dubai International Academic City, Silicon Oasis Community Park, and the Silicon Central Mall. Commute times by car include approximately 17 minutes to Dubai Mall and 18 minutes to Dubai International Airport.
- GymnasiumA fully equipped gymnasium for residents.
- Swimming PoolTemperature-controlled swimming pool.
- Sauna and Steam RoomOnsite sauna and steam room facilities.
- Covered ParkingReserved secure parking slots for residents.
- 24/7 SecurityRound-the-clock security services with CCTV monitoring.
- High-Speed ElevatorsThree high-speed passenger lifts.
- Children's Play AreaDedicated play area for children.
- Silicon Oasis Community ParkA nearby public park in the Dubai Silicon Oasis community.
- North ParkPublic park located within Dubai Silicon Oasis.
- Silicon Central MallA nearby major retail and dining destination.