Sold Prices · DLD Data
Platinum Tower
Al Thanyah Fifth, Dubai · Jumeirah Lakes Towers
AED 2,600
Avg Price / sqft
AED 2.3M
Avg Sale Price
11
DLD Sales Recorded
4.3%
Est. Gross Yield
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 11 sales in the building, at an average price of AED 2.3M — around AED 2,600 per square foot.
Since January 2026, 10 sales completed in Platinum Tower, with the average price per square foot moving from AED 2,530 to AED 2,639 (+4.3%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Al Thanyah Fifth, a typical unit in Platinum Tower returns an estimated 4.3% 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)+4.3%
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 02 Jul 2026 | Sales | - | 607 | AED 1.6M | AED 2,717 |
| 02 Jul 2026 | Sales | - | 703 | AED 1.8M | AED 2,561 |
| 20 May 2026 | Sales | - | 1,151 | AED 2.8M | AED 2,450 |
| 20 May 2026 | Sales | - | 1,221 | AED 3.0M | AED 2,450 |
| 20 May 2026 | Sales | - | 1,058 | AED 2.6M | AED 2,450 |
| 20 Apr 2026 | Sales | - | 680 | AED 1.9M | AED 2,797 |
| 20 Apr 2026 | Sales | - | 607 | AED 1.7M | AED 2,797 |
| 20 Apr 2026 | Sales | - | 607 | AED 1.7M | AED 2,797 |
| 23 Feb 2026 | Sales | - | 1,151 | AED 2.9M | AED 2,519 |
| 30 Jan 2026 | Sales | - | 954 | AED 2.4M | AED 2,530 |
| 30 Jan 2026 | Sales | - | 954 | AED 2.4M | AED 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 guideNearby
Other buildings in Al Thanyah Fifth
Serenia District - East
Al Thanyah Fifth · 82 sales · AED 3.6M avg
Eltiera Heights
Al Thanyah Fifth · 60 sales · AED 3.0M avg
Hilton Residences Dubai Jumeirah Lakes Towers
Al Thanyah Fifth · 58 sales · AED 1.7M avg
Seven City JLT
Al Thanyah Fifth · 51 sales · AED 852K avg
Mbl Signature
Al Thanyah Fifth · 42 sales · AED 1.9M avg
Serenia District - West
Al Thanyah Fifth · 34 sales · AED 2.3M avg
Mercer House
Al Thanyah Fifth · 31 sales · AED 3.7M avg
Uh East By Ellington
Al Thanyah Fifth · 30 sales · AED 2.2M avg
Saba 4
Al Thanyah Fifth · 30 sales · AED 3.6M 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 2.3M, around AED 2,600 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 risen +4.3% per square foot since January 2026, across 10 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 4.3% gross per year, before service charges and fees.
How many properties have sold in Platinum Tower?
11 sales have been recorded in Platinum Tower according to DLD data, across approximately 453 units.
Considering Platinum Tower?
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