Jumeirah Village Circle
Platinum Residence
البلاتين ريزيدنسPLATINUM DEVELOPMENT L.L.C · Selling since 2013 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 99 units · 1 building · DLD target completion April 2019
Registered developer: PLATINUM DEVELOPMENT L.L.C (DLD no. 1139)
Escrow account with Dubai Islamic Bank · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Rents filed under Jumeirah Village Circle
Median annual rent of AED 67,474 across 29,044 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
Street View imagery near Platinum Residence, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,837/sqft
3yr CAGR · resales
—
Resale record
3 months
Registered resales here span 3 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Platinum Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Platinum Residence over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Platinum Residence itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 878.55K | AED 50,000/yrsame size in Jumeirah Village Circle | 5.7% | 12 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 14/sqft across 72 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,611 | AED 43,389 | 5.7% | 4.9% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Platinum Residence
How much does a home in Platinum Residence cost?
Over the last twelve months a completed studio in Platinum Residence sold for a median AED 878.55K (12 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Platinum Residence?
A studio rents for a median AED 50,000/yr (homes of about that size in Jumeirah Village Circle, 2,269 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Platinum Residence, so every figure above is the rent for homes of that size in Jumeirah Village Circle — the area's rent, not this project's own.
What rental yield does Platinum Residence give?
Gross yields on completed homes in Platinum Residence run about 5.7% on a studio, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Platinum Residence selling off-plan or as resales?
0% of the 19 sales registered in Platinum Residence in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Platinum Residence start selling?
The Land Department's register holds 21 sales in Platinum Residence, the earliest registered in 2013. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Village Circle median
+27.4%
Priced above the area's real median — ask why.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Platinum Residence completed in April 2019, 17 other other projects in Jumeirah Village Circle were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 326 more other projects in Jumeirah Village Circle are still in the pipeline overall.
Haven Villas
GNHOMES REAL ESTATE DEVELOPMENT L.L.C
Dec 2018
Shamal Waves
LOOTAH REAL ESTATE DEVELOPMENT L.L.C
Dec 2018
Crystal Residence
MYRA REAL ESTATE DEVEIOPMENT L.L.C
Dec 2018
Joya Verde Residences Dubai
GREEN YARD PROPERTES DEVELOPMENT L.L.C
Jan 2019
Belgravia 2
Ellington Properties Development L.L.C
Feb 2019
Tower 108
DAMAC DEVELOPMENT(L L C)
Mar 2019
Ghalia
DAMAC DEVELOPMENT(L L C)
Mar 2019
Roxana Residence
ROSE HOMES INVESTMENT (L.L.C)
Apr 2019
Chaimaa Premiere
Deval Real Estate Development L.L.C
Apr 2019
Five At Jumeirah Village Circle Dubai
FIVE REAL ESTATE DEVELOPMENT L.L.C
May 2019
Aces Chateau
ACES PROPERTY DEVELOPMENT L.L.C
Jun 2019
Dune Residency Dubai
BEAVER GULF REAL ESTATE DEVELOPMENT L.L.C
Jun 2019
Haven Villas 1
GNHOMES REAL ESTATE DEVELOPMENT L.L.C
Jul 2019
La-Riviera Apartments
RIVIERA PROPERTIES DEVELOPMENT
Aug 2019
Dezire Residences
BLUECHIP REAL ESTATE DEVELOPMENT L.L.C
Aug 2019
Eaton Place
Ellington Properties Development L.L.C
Sep 2019
Milano Giovanni Boutique Suites
ARTHUR AND HARD MAN REAL ESTATE DEVELOPMENT L.L.C
Oct 2019
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
1.7 km
Nord Anglia International School
Nearest supermarket
70 m
For U Mini Mart
Schools
- Nord Anglia International School1.7 km
- Australian International School Dubai (AIS Dubai)2.2 km
- Kinderopvang smallsteps leidsche rijn2.3 km
- JSS International School2.3 km
Supermarkets
- For U Mini Mart70 m
- Rubiyan Grocery141 m
- Sama Grocery280 m
- Holiday Mini Mart319 m
Bus stops
- Bus stop2.1 km
- The Springs, Entrance gate 43.0 km
Pharmacies
- Safeway Pharmacy64 m
- Life pharmacy822 m
- Medon Pharmacy908 m
- Health First1.2 km
Malls
- Circle Mall1.3 km
- Joud Boulevard West2.2 km
- Me'aisem City Center2.2 km
- City Centre Meaisem2.2 km
Parks
- Henna Park237 m
- Yas Park334 m
- Qesad444 m
- Thamam Park453 m
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Other projects in Jumeirah Village Circle
Buying in Platinum Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample