Sold Prices · DLD Data
Platinum Residence 1
Nadd Hessa, Dubai · Silicon Oasis
AED 943
Avg Price / sqft
AED 745K
Avg Sale Price
5
DLD Sales Recorded
14.3%
Est. Gross Yield
Market snapshot
Platinum Residence 1 — the numbers
Platinum Residence 1 is a residential building in Nadd Hessa, Dubai with approximately 120 units. Dubai Land Department records show 5 sales in the building, at an average price of AED 745K — around AED 943 per square foot.
Since January 2026, 5 sales completed in Platinum Residence 1, with the average price per square foot moving from AED 954 to AED 789 (-17.3%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Nadd Hessa, a typical unit in Platinum Residence 1 returns an estimated 14.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Nadd Hessa.
Figures are from Dubai Land Department transaction records for Platinum Residence 1; individual units vary by floor, view and finish. Gross yield is estimated against average Nadd Hessa residential rents, before service charges.
Price trend
Price trend in Platinum Residence 1
Average sale price per sqft by month since January 2026-17.3%
Unit types
Prices by unit type
1 Bed
AED 745K
AED 943/sqft
5 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 21 Apr 2026 | Sales | 1 | 862 | AED 680K | AED 789 |
| 11 Feb 2026 | Sales | 1 | 751 | AED 730K | AED 972 |
| 10 Feb 2026 | Sales | 1 | 730 | AED 740K | AED 1,014 |
| 09 Feb 2026 | Sales | 1 | 751 | AED 740K | AED 985 |
| 23 Jan 2026 | Sales | 1 | 876 | AED 835K | AED 954 |
About the area
Platinum Residence 1 is in Dubai Silicon Oasis
Dubai Silicon Oasis is a strategically designed master-planned community that harmoniously blends residential and commercial spaces, making it an ideal locale for both families and professionals. Developed by the Dubai Silicon Oasis Authority, this community is characterized by its focus on technology and innovation, providing a unique environment that fosters both living and working.
Explore the Dubai Silicon Oasis area guideNearby
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FAQ
Platinum Residence 1: frequently asked questions
What is the average price in Platinum Residence 1?
The average recorded sale price in Platinum Residence 1, Nadd Hessa is AED 745K, around AED 943 per square foot, based on Dubai Land Department transaction data.
Are prices in Platinum Residence 1 going up or down?
Average sale prices in Platinum Residence 1 have eased -17.3% per square foot since January 2026, across 5 DLD-recorded sales.
What rental yield can I expect in Platinum Residence 1?
Based on average Nadd Hessa residential rents against sale prices in the building, a typical unit in Platinum Residence 1 yields roughly 14.3% gross per year, before service charges and fees.
How many properties have sold in Platinum Residence 1?
5 sales have been recorded in Platinum Residence 1 according to DLD data, across approximately 120 units.
Considering Platinum Residence 1?
Get honest, DLD-backed guidance on pricing, yields and availability in Nadd Hessa from Binayah's advisors — no pressure, just the numbers.