Unit 402, Platinum Residence: what it sold for and what it is worth now

Unit 402 at Platinum Residence is a studio of 471 sq ft. It last sold for AED 864,650 on 19 Aug 2026. At AED 1,848 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 870,000 today.

Value todayAED 870,000AED 852,000 to AED 881,000
Last saleAED 864,65019 Aug 2026 · Resale
Change since last sale+0.6%Building trend alone: AED 864,650
Rent (median asking, studio)AED 44,999Gross yield 5.2%
Bedroomsstudio
Size471 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 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 402

DatePriceSizeAED/sq ftType
19 Aug 2026AED 864,650471 sq ft1,836Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1026 Oct 2026AED 899,460473 sq ft1,902Resale
20221 Aug 2026AED 877,857472 sq ft1,860Resale
3028 Jun 2026AED 816,962472 sq ft1,731Resale

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 4 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,848). We multiplied it by the size of this unit (471 sq ft). The range uses the middle half of those sales (AED 1,810 to AED 1,870 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 864,650. 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 402 at Platinum Residence worth?

About AED 870,000 (range AED 852,000 to AED 881,000), based on AED 1,848 per sq ft from registered sales up to 15 Oct 2026.

When did unit 402 last sell?

19 Aug 2026, for AED 864,650 (resale). It has 1 registered sale.

What rent can unit 402 make?

A studio in Platinum Residence rents for about AED 44,999 a year (median asking rent). That is a gross yield of 5.2% on the estimate.

Sales alert for Platinum ResidenceAll sales in Platinum Residence

Unit 401 · Unit 409