Platinum Tower, Al Thanyah Fifth

Sold Prices · DLD Data

Platinum Tower

Al Thanyah Fifth, Dubai · Jumeirah Lakes Towers

AED 2,554

Avg Price / sqft

AED 2.5M

Avg Sale Price

21

DLD Sales Recorded

3.8%

Est. Gross Yield

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Market snapshot

Platinum Tower — the numbers

Platinum Tower is a residential building in Al Thanyah Fifth, Dubai with approximately 453 units. Dubai Land Department records show 21 sales in the building, at an average price of AED 2.5M — around AED 2,554 per square foot.

Since January 2026, 20 sales completed in Platinum Tower, with the average price per square foot moving from AED 2,530 to AED 2,460 (-2.8%). Prices have held broadly steady, a sign of a balanced market in the tower.

Benchmarked against average residential rents in Al Thanyah Fifth, a typical unit in Platinum Tower returns an estimated 3.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Thanyah Fifth.

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

Price trend

Price trend in Platinum Tower

Average sale price per sqft by month since January 2026 (single-sale months excluded)-2.8%

2,4932,6242,754Jan 26: AED 2,530/sqft · 2 salesJan 26Apr 26: AED 2,797/sqft · 3 salesApr 26May 26: AED 2,450/sqft · 3 salesMay 26Jul 26: AED 2,573/sqft · 7 salesJul 26Oct 26: AED 2,460/sqft · 5 salesOct 26

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
15 Oct 2026Sales-1,151AED 2.8MAED 2,460
15 Oct 2026Sales-1,058AED 2.6MAED 2,460
15 Oct 2026Sales-954AED 2.3MAED 2,460
15 Oct 2026Sales-1,058AED 2.6MAED 2,460
15 Oct 2026Sales-1,199AED 2.9MAED 2,460
30 Jul 2026Sales-1,221AED 2.7MAED 2,210
27 Jul 2026Sales-1,058AED 3.0MAED 2,836
27 Jul 2026Sales-1,221AED 3.5MAED 2,865
21 Jul 2026Sales-1,151AED 2.8MAED 2,410
21 Jul 2026Sales-1,151AED 2.8MAED 2,410
02 Jul 2026Sales-607AED 1.6MAED 2,717
02 Jul 2026Sales-703AED 1.8MAED 2,561
20 May 2026Sales-1,151AED 2.8MAED 2,450
20 May 2026Sales-1,221AED 3.0MAED 2,450
20 May 2026Sales-1,058AED 2.6MAED 2,450
20 Apr 2026Sales-680AED 1.9MAED 2,797
20 Apr 2026Sales-607AED 1.7MAED 2,797
20 Apr 2026Sales-607AED 1.7MAED 2,797
23 Feb 2026Sales-1,151AED 2.9MAED 2,519
30 Jan 2026Sales-954AED 2.4MAED 2,530

About the area

Platinum Tower is in JLT

Jumeirah Lake Towers (JLT) is a prominent mixed-use community in Dubai, developed by a consortium of renowned developers including Seven Tides and MAG Property Development. This dynamic area offers a harmonious blend of residential, commercial, and leisure spaces, characterized by its 26 clusters, each identified by a letter.

Explore the JLT area guide

Nearby

Other buildings in Al Thanyah Fifth

Serenia District - East

Al Thanyah Fifth · 121 sales · AED 3.7M avg

Eltiera Heights

Al Thanyah Fifth · 70 sales · AED 3.0M avg

Seven City JLT

Al Thanyah Fifth · 67 sales · AED 804K avg

Hilton Residences Dubai Jumeirah Lakes Towers

Al Thanyah Fifth · 65 sales · AED 1.7M avg

Mbl Signature

Al Thanyah Fifth · 46 sales · AED 2.0M avg

Mercer House

Al Thanyah Fifth · 43 sales · AED 3.7M avg

Ag Tower

Al Thanyah Fifth · 42 sales · AED 1.5M avg

Uh East By Ellington

Al Thanyah Fifth · 42 sales · AED 2.2M avg

Serenia District - West

Al Thanyah Fifth · 38 sales · AED 2.2M avg

FAQ

Platinum Tower: frequently asked questions

What is the average price in Platinum Tower?

The average recorded sale price in Platinum Tower, Al Thanyah Fifth is AED 2.5M, around AED 2,554 per square foot, based on Dubai Land Department transaction data.

Are prices in Platinum Tower going up or down?

Average sale prices in Platinum Tower have eased -2.8% per square foot since January 2026, across 20 DLD-recorded sales.

What rental yield can I expect in Platinum Tower?

Based on average Al Thanyah Fifth residential rents against sale prices in the building, a typical unit in Platinum Tower yields roughly 3.8% gross per year, before service charges and fees.

How many properties have sold in Platinum Tower?

21 sales have been recorded in Platinum Tower according to DLD data, across approximately 453 units.

Considering Platinum Tower?

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