Unit 124, Platinum Residence: what it sold for and what it is worth now

Unit 124 at Platinum Residence is a studio of 465 sq ft. It last sold for AED 788,348 on 24 Jul 2026. At AED 1,767 per sq ft, from 3 sales of units ending 24 (same position in the tower), it is worth about AED 822,000 today.

Value todayAED 822,000AED 805,000 to AED 822,000
Last saleAED 788,34824 Jul 2026 · Resale
Change since last sale+4.3%Building trend alone: AED 788,348
Rent (median asking, studio)AED 44,999Gross yield 5.5%
Bedroomsstudio
Size465 sq ft
Floor1 (from the unit number)
Position in the towerStack 24: units ending 24 share the same layout and view
BuildingPlatinum Residence by Al Seeb Real Estate Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 124

DatePriceSizeAED/sq ftType
24 Jul 2026AED 788,348465 sq ft1,695Resale

Units ending 24 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3242 Oct 2026AED 968,202548 sq ft1,767Resale
2242 Oct 2026AED 968,202548 sq ft1,767Resale

Latest studio sales in Platinum Residence

UnitDatePriceSizeAED/sq ftType
21415 Oct 2026AED 882,759476 sq ft1,855Resale
1026 Oct 2026AED 899,460473 sq ft1,902Resale
4122 Oct 2026AED 851,994483 sq ft1,764Resale
1202 Oct 2026AED 1,020,690576 sq ft1,772Resale
3192 Oct 2026AED 1,031,148582 sq ft1,772Resale
4092 Oct 2026AED 1,034,244583 sq ft1,774Resale
3242 Oct 2026AED 968,202548 sq ft1,767Resale
2242 Oct 2026AED 968,202548 sq ft1,767Resale

How we worked out the value

We took the 3 resale sales of units ending 24 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,767). We multiplied it by the size of this unit (465 sq ft). The range uses the middle half of those sales (AED 1,731 to AED 1,767 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 788,348. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 124 at Platinum Residence worth?

About AED 822,000 (range AED 805,000 to AED 822,000), based on AED 1,767 per sq ft from registered sales up to 15 Oct 2026.

When did unit 124 last sell?

24 Jul 2026, for AED 788,348 (resale). It has 1 registered sale.

What rent can unit 124 make?

A studio in Platinum Residence rents for about AED 44,999 a year (median asking rent). That is a gross yield of 5.5% on the estimate.

Sales alert for Platinum ResidenceAll sales in Platinum Residence

Unit 122 · Unit 125