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PLATINUM RESIDENCE 1

Completed

Developed by GULF GENERAL INVESTMENTS CO. (P.S.C). Located in Nadd Hessa.

Construction progress100%Expected 15 May 2015
Units1201 buildings · 0 villas
Registered sales21913 in the last 12 months
Median sale priceAED 727KMedian of registered salesAED 858/sqft

Registry record

Project number
1589
Name on the register
الإقامة البلاتينية 1
Developer
GULF GENERAL INVESTMENTS CO. (P.S.C)
Master developer
سلطة دبي للمناطق الإقتصادية المتكاملة
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Dubai Silicon Oasis Authority
Master project
Silicon Oasis
Start date
8 Sept 2013
Expected completion
31 Oct 2016
Actual completion
15 May 2015
Cancelled
Not recorded
Plots
0
Progress
100%

PROPOSED G+8+GYM RESIDENTIAL BUILDING (PLATINUM RESIDENCE1) ON PLOT NO:20-013, NADD HESSA, DUBAI SILICON OASIS.

Sales evidence

Median size
862 sqft
Median price per sqft
AED 858/sqft
Total value transacted
AED 162.14M
Off-plan vs ready
84 off-plan · 135 ready
First sale
26 Aug 2013
Latest sale
18 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 14 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
MaintenanceResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Utilities ServicesResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Management ServicesResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialPRIME OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
18 Aug 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R730 sqftAED 959/sqftAED 700,000
22 Apr 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R862 sqftAED 789/sqftAED 679,628
11 Feb 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R751 sqftAED 972/sqftAED 730,000
10 Feb 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R730 sqftAED 1,014/sqftAED 740,000
9 Feb 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R751 sqftAED 985/sqftAED 740,000
23 Jan 2026Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R876 sqftAED 954/sqftAED 835,000
1 Dec 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R862 sqftAED 813/sqftAED 700,000
16 Oct 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R751 sqftAED 1,012/sqftAED 760,000
16 Oct 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R834 sqftAED 936/sqftAED 780,000
13 Oct 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R969 sqftAED 877/sqftAED 850,000
9 Oct 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R945 sqftAED 974/sqftAED 920,000
2 Oct 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R880 sqftAED 858/sqftAED 755,000
23 Sept 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R858 sqftAED 845/sqftAED 725,000
11 Aug 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R751 sqftAED 958/sqftAED 720,000
2 Jun 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R730 sqftAED 973/sqftAED 710,000
8 May 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R730 sqftAED 664/sqftAED 485,000
8 May 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R751 sqftAED 652/sqftAED 490,000
2 Apr 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R862 sqftAED 853/sqftAED 735,000
11 Mar 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R838 sqftAED 895/sqftAED 750,000
15 Jan 2025Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R880 sqftAED 813/sqftAED 715,000
4 Dec 2024Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R856 sqftAED 829/sqftAED 710,000
4 Dec 2024Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R943 sqftAED 801/sqftAED 755,000
12 Nov 2024Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R834 sqftAED 840/sqftAED 700,000
29 Oct 2024Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R862 sqftAED 789/sqftAED 680,000
11 Oct 2024Nadd HessaPLATINUM RESIDENCE 1Silicon OasisFlatExisting Properties1 B/R1,017 sqftAED 767/sqftAED 780,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.