Sold Prices · DLD Data

    Platinum Residence

    Nad Al Shiba First, Dubai · Meydan Racecourse Community

    AED 2,063

    Avg Price / sqft

    AED 1.4M

    Avg Sale Price

    11

    DLD Sales Recorded

    4.5%

    Est. Gross Yield

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    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 11 sales in the building, at an average price of AED 1.4M — around AED 2,063 per square foot.

    Since April 2026, 11 sales completed in Platinum Residence, with the average price per square foot moving from AED 3,492 to AED 2,489 (-28.7%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Nad Al Shiba First, a typical unit in Platinum Residence returns an estimated 4.5% 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 April 2026-28.7%

    1,9522,6123,272Apr 26: AED 3,492/sqft · 1 saleApr 26Jun 26: AED 1,732/sqft · 4 salesJun 26Jul 26: AED 1,823/sqft · 4 salesJul 26Aug 26: AED 2,489/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 863K

    AED 1,821/sqft

    6 sales · last 12 months

    1 Bed

    AED 1.3M

    AED 1,643/sqft

    3 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    11 Aug 2026Sales1892AED 1.5MAED 1,631
    05 Aug 2026Sales-450AED 1.5MAED 3,347
    24 Jul 2026Sales0465AED 788KAED 1,695
    08 Jul 2026Sales0488AED 879KAED 1,800
    03 Jul 2026Sales0468AED 889KAED 1,900
    03 Jul 2026Sales0477AED 905KAED 1,899
    30 Jun 2026Sales0473AED 897KAED 1,898
    22 Jun 2026Sales1703AED 1.1MAED 1,599
    10 Jun 2026Sales1806AED 1.4MAED 1,699
    08 Jun 2026Sales0472AED 817KAED 1,731
    30 Apr 2026Sales-1,480AED 5.2MAED 3,492

    Nearby

    Other buildings in Nad Al Shiba First

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    Project Maybach

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    Tonino Lamborghini Residences

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    The Polo Residence

    Nad Al Shiba First · 84 sales · AED 2.1M avg

    Nad Al Sheba Gardens Phase 2

    Nad Al Shiba First · 32 sales

    Sukoon By Nuri

    Nad Al Shiba First · 28 sales · AED 1.8M avg

    Nad Al Sheba Gardens Phase 8 & 9

    Nad Al Shiba First · 21 sales · AED 12M avg

    La Vue Parc

    Nad Al Shiba First · 17 sales · AED 2.1M avg

    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 1.4M, around AED 2,063 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 eased -28.7% per square foot since April 2026, across 11 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 4.5% gross per year, before service charges and fees.

    How many properties have sold in Platinum Residence?

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

    Considering Platinum Residence?

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