Sold Prices · DLD Data

    Platinum Residence

    Nad Al Shiba First, Dubai · Meydan Racecourse Community

    AED 1,921

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    33

    DLD Sales Recorded

    4.7%

    Est. Gross Yield

    Market snapshot

    Platinum Residence — the numbers

    Platinum Residence is a residential building in Nad Al Shiba First, Dubai with approximately 31 units. Dubai Land Department records show 33 sales in the building, at an average price of AED 1.1M — around AED 1,921 per square foot.

    Since June 2026, 32 sales completed in Platinum Residence, with the average price per square foot moving from AED 1,732 to AED 1,783 (+2.9%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Nad Al Shiba First, a typical unit in Platinum Residence returns an estimated 4.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Nad Al Shiba First.

    Figures are from Dubai Land Department transaction records for Platinum Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Nad Al Shiba First residential rents, before service charges.

    Price trend

    Price trend in Platinum Residence

    Average sale price per sqft by month since June 2026 (single-sale months excluded)+2.9%

    1,7791,9212,063Jun 26: AED 1,732/sqft · 4 salesJun 26Jul 26: AED 1,823/sqft · 4 salesJul 26Aug 26: AED 2,110/sqft · 9 salesAug 26Sep 26: AED 1,765/sqft · 3 salesSep 26Oct 26: AED 1,783/sqft · 12 salesOct 26

    Unit types

    Prices by unit type

    Studio

    AED 912K

    AED 1,814/sqft

    26 sales · last 12 months

    1 Bed

    AED 1.3M

    AED 1,626/sqft

    4 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    06 Oct 2026Sales0473AED 899KAED 1,900
    02 Oct 2026Sales0480AED 894KAED 1,862
    02 Oct 2026Sales0483AED 852KAED 1,765
    02 Oct 2026Sales0583AED 1.0MAED 1,773
    02 Oct 2026Sales0548AED 968KAED 1,768
    02 Oct 2026Sales0582AED 1.0MAED 1,773
    02 Oct 2026Sales0569AED 967KAED 1,699
    02 Oct 2026Sales0548AED 968KAED 1,768
    02 Oct 2026Sales0582AED 1.0MAED 1,773
    02 Oct 2026Sales0544AED 962KAED 1,768
    02 Oct 2026Sales0576AED 1.0MAED 1,772
    02 Oct 2026Sales0543AED 964KAED 1,774
    21 Sept 2026Sales0475AED 902KAED 1,900
    18 Sept 2026Sales1869AED 1.4MAED 1,576
    10 Sept 2026Sales0428AED 778KAED 1,818
    27 Aug 2026Sales0476AED 856KAED 1,800
    21 Aug 2026Sales0472AED 878KAED 1,860
    20 Aug 2026Sales0472AED 897KAED 1,899
    20 Aug 2026Sales-465AED 1.3MAED 2,880
    19 Aug 2026Sales0476AED 904KAED 1,900

    Nearby

    Other buildings in Nad Al Shiba First

    FAQ

    Platinum Residence: frequently asked questions

    What is the average price in Platinum Residence?

    The average recorded sale price in Platinum Residence, Nad Al Shiba First is AED 1.1M, around AED 1,921 per square foot, based on Dubai Land Department transaction data.

    Are prices in Platinum Residence going up or down?

    Average sale prices in Platinum Residence have risen +2.9% per square foot since June 2026, across 32 DLD-recorded sales.

    What rental yield can I expect in Platinum Residence?

    Based on average Nad Al Shiba First residential rents against sale prices in the building, a typical unit in Platinum Residence yields roughly 4.7% gross per year, before service charges and fees.

    How many properties have sold in Platinum Residence?

    33 sales have been recorded in Platinum Residence according to DLD data, across approximately 31 units.

    Considering Platinum Residence?

    Get honest, DLD-backed guidance on pricing, yields and availability in Nad Al Shiba First from Binayah's advisors — no pressure, just the numbers.

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