Platinum Tower (Pt Tower)

Completed|453 units · 1 tower

Platinum Tower (Pt Tower) is a completed development by ALSHAFAR DEVELOPMENT L.L.C in Jumeirah Lake Towers, comprising 453 registered units. 705 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,537 per sqft. At AED 2,537 per sqft, Platinum Tower (Pt Tower) prices 17% above the Jumeirah Lake Towers median of AED 2,173 per sqft on registered sales.

PIX© price · ↑17.3% YoY

2.50MAED

Typical

2,537AED

PSF

Gross yield

8.6%

PIX© rent ÷ PIX© price

Sale records

705

DLD · all time

Rent contracts

2,038

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai24 min · 25.4 km

DXB Airport27 min · 35.1 km

DIFC25 min · 27.4 km

Dubai Marina11 min · 4.8 km

Palm Jumeirah16 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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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 43

…

Office on Floor 43, Platinum Tower (Pt Tower)

Size
Record: Jan 2014 to Apr 2026
Owners: 6
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	20 Apr 2026		5 mo	Current owner Sold with tenant in place
3Tenant 3	14 Feb 2026			Renewal Owner 5
3Tenant 3	14 Feb 2025		12 mo	Renewal Owner 5
3Tenant 3	14 Feb 2024		12 mo	Owner 5
2Tenant 2	14 Feb 2023		12 mo	Owner 5
5Owner 5	13 Feb 2023		3.2 yrs	Sold with tenant in place
4Owner 4	10 Dec 2018		4.2 yrs	Sold with tenant in place
1Tenant 1	1 Jun 2015		8.2 yrs	Owner 3
3Owner 3	1 Jun 2015		3.5 yrs	Sold with tenant in place
2Owner 2	7 Jan 2014		17 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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Office · Floor 43 · Platinum Tower (Pt Tower)

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Occupancy (237 nights)

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Platinum Tower (Pt Tower)2,537AED/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	2.50M	2,537	↑17.3%	215K	8.6%
Office 547 - 1,221 sqft	419
Shop 489 - 1,439 sqft	34

Sales - Project-Wide705 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

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Jul 2026		—	Platinum Tower (Pt Tower) · Floor 21	1,221	2,700,007	2,210	+121.1%	Entry Level	Standard Sale
27 Jul 2026		—	Platinum Tower (Pt Tower) · Floor 15	1,221	3,500,000	2,865	+226.9%	Premium	Standard Sale
27 Jul 2026	—	—	Platinum Tower (Pt Tower) · Floor 15	1,058	3,000,000	2,836	+233.3%	Premium	Standard Sale

Rentals - Project-Wide2,038 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Mar 2027	—	—	Platinum Tower (Pt Tower) · Floor 36	1,058	142,933	135	-	Standard	CONTRACT
1 Oct 2026	—	—	Platinum Tower (Pt Tower) · Floor 13	1,058	199,726	189	-	Standard	CONTRACT
1 Oct 2026	—	—	Platinum Tower (Pt Tower) · Floor 37	954	160,000	168	-	Standard	CERTIFICATE

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 (Pt Tower)

Compared with

JLT Cluster V

PIX© PSF

2,624

Rank

#10 of 29

#9 of 29

Typical price

1.87M

Yield

7.8%

Units

453

1,045

Sales

148

318

Rents

810

2,217

Developer

ALSHAFAR DEVELOPMENT L.L.C

SHEIKH SUROOR BIN MOHD ALNEHAYAN

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Jumeirah Business Centre 5 (JBC 5) AL FAJER PROPERTIES (L. L. C) · Completed	299					125	507
	Jumeirah Business Centre 2 (JBC 2) AL FAJER PROPERTIES (L. L. C) · Completed	295					88	583
	Jumeirah Business Centre 1 (JBC 1) AL FAJER PROPERTIES (L. L. C) · Completed	342					117	578
	Reef Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · Completed	121					69	185
	JLT Cluster V SHEIKH SUROOR BIN MOHD ALNEHAYAN · Completed	1,045					318	2,217
10	Platinum Tower (Pt Tower) ALSHAFAR DEVELOPMENT L.L.C · Completed	453	2,624	Subject	1.87M	7.8%	148	810
	Gold Tower (Au Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	380					129	568
	Saba Tower 1 SABA PROPERTIES DMCC · Completed	252					58	467
	Concorde Tower 32 GROUP PROPERTIES LIMITED · Completed	537					201	1,084
	Indigo Icon EMIRATES PROPERTIES INVESTMENTS LTD · Completed	246					80	532
	Jumeirah Lake Towers DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	38,774					8,733	53,547

Community median 2,173 AED/sqft. Showing the closest-ranked peers of 29 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. 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 Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Gold Tower (Au Tower)AED 2,531/sqft
JLT Cluster VAED 2,646/sqft
Reef TowerAED 2,761/sqft
Saba Tower 1AED 2,290/sqft
Jumeirah Business Centre 1 (JBC 1)AED 2,793/sqft
Jumeirah Business Centre 2 (JBC 2)AED 2,807/sqft

Common questions about Platinum Tower (Pt Tower)

Answered from Dubai Land Department registered transactions.

How much does a property in Platinum Tower (Pt Tower) cost?

Property in Platinum Tower (Pt Tower) sells at a current PIX© price of AED 2,537 per sqft, or about AED 2,501,846 for a typical unit, based on 705 sales registered with the Dubai Land Department.

Is Platinum Tower (Pt Tower) completed?

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

Who is the developer of Platinum Tower (Pt Tower)?

Platinum Tower (Pt 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 (Pt Tower)?

Platinum Tower (Pt Tower) yields 8.6% gross, calculated from current PIX© rent against current PIX© sale price, across 2,038 registered Ejari contracts.

How many units are in Platinum Tower (Pt Tower)?

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

Have prices in Platinum Tower (Pt Tower) gone up or down?

Price per sqft has risen +17.3% over the last 12 months, to AED 2,537, across 705 registered sales.