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Ready building · Ggico

Platinum Residence 1, Nadd Hessa

Highlights

Platinum Residence 1 at a glance

About Platinum Residence 1

Platinum Residence 1 is a residential building in Nadd Hessa, Dubai, developed by Ggico. It holds about 120 units: 1-bedroom apartments. Depending on the unit, windows look out over Community.

The building was completed in 2016 and has been in use for about 10 years. 10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 944 per sq ft.

Platinum Residence 1 is one of 103 buildings in Nadd Hessa: 61 are complete and 13 are still being built.

In a nutshell

  • A residential ready building
  • Located in Nadd Hessa, Dubai
  • Developed by Ggico
  • Completed in Q4 2016
  • Unit types: 1 Bed
  • Sizes from 730 to 1,060 sq ft
  • Views: Community View
  • Service charge from AED 14.02 per sq ft
Status
Ready
Developer
Ggico
Location
Nadd Hessa, Dubai
Completed
Q4 2016
Unit types
1 Bed
Prices from
AED 410.0K
Median price per sq ft
AED 944
Median gross yield
8.2%
Service charge
AED 14.02 per sq ft (2026)
Nearest metro
Academic City, 1.9 km

Building details

Inside Platinum Residence 1

Properties in Platinum Residence 1

1-bedroom apartments in Platinum Residence 1

There are about 120 of these in Platinum Residence 1, from 730 to 1,060 sq ft. They have recently sold for a median of AED 715.0K, or AED 960 per sq ft.

Unit types in Platinum Residence 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed120730 sqft67.8 sqmt – 1,060 sqft98.5 sqmtAED 715KAED 59K

Recent transactions in Platinum Residence 1

  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 700K

    AED 959 /sqftAED 10,323 /sqmt

    ReadyApartment
    730 sqft67.8 sqmt1 BedOwner7 Oct 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 850K

    AED 899 /sqftAED 9,677 /sqmt

    ReadyApartment
    945 sqft87.8 sqmt1 BedOwner23 Sept 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 600K

    AED 799 /sqftAED 8,600 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner19 Aug 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 700K

    AED 959 /sqftAED 10,323 /sqmt

    ReadyApartment
    730 sqft67.8 sqmt1 BedOwner18 Aug 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 679.6K

    AED 788 /sqftAED 8,482 /sqmt

    ReadyApartment
    862 sqft80.1 sqmt1 BedOwner21 Apr 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 730K

    AED 972 /sqftAED 10,463 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner11 Feb 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 740K

    AED 1,014 /sqftAED 10,915 /sqmt

    ReadyApartment
    730 sqft67.8 sqmt1 BedOwner10 Feb 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 740K

    AED 985 /sqftAED 10,602 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner9 Feb 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 835K

    AED 953 /sqftAED 10,258 /sqmt

    ReadyApartment
    876 sqft81.4 sqmt1 BedOwner23 Jan 2026
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 700K

    AED 812 /sqftAED 8,740 /sqmt

    ReadyApartment
    862 sqft80.1 sqmt1 BedOwner28 Nov 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 780K

    AED 935 /sqftAED 10,064 /sqmt

    ReadyApartment
    834 sqft77.5 sqmt1 BedOwner16 Oct 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 760K

    AED 1,012 /sqftAED 10,893 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner16 Oct 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 850K

    AED 877 /sqftAED 9,440 /sqmt

    ReadyApartment
    969 sqft90 sqmt1 BedOwner13 Oct 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 920K

    AED 974 /sqftAED 10,484 /sqmt

    ReadyApartment
    945 sqft87.8 sqmt1 BedOwner9 Oct 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 755K

    AED 858 /sqftAED 9,235 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner2 Oct 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 725K

    AED 845 /sqftAED 9,096 /sqmt

    ReadyApartment
    858 sqft79.7 sqmt1 BedOwner23 Sept 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 720K

    AED 959 /sqftAED 10,323 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner11 Aug 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 710K

    AED 973 /sqftAED 10,473 /sqmt

    ReadyApartment
    730 sqft67.8 sqmt1 BedOwner2 Jun 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 485K

    AED 664 /sqftAED 7,147 /sqmt

    ReadyApartment
    730 sqft67.8 sqmt1 BedOwner8 May 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 490K

    AED 652 /sqftAED 7,018 /sqmt

    ReadyApartment
    751 sqft69.8 sqmt1 BedOwner8 May 2025
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 62K/yr

    ApartmentRenewal
    876 sqft81.4 sqmt1 Bedto
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 60K/yr

    ApartmentNew contract
    862 sqft80.1 sqmt1 Bedto
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 58K/yr

    ApartmentNew contract
    730 sqft67.8 sqmt1 Bedto
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 62K/yr

    ApartmentNew contract
    730 sqft67.8 sqmt1 Bedto
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 48.8K/yr

    ApartmentRenewal
    751 sqft69.8 sqmt1 Bedto
  • Platinum Residence 1

    Dubai Silicon Oasis

    AED 55K/yr

    ApartmentRenewal
    1,061 sqft98.6 sqmt1 Bedto

Every sale in Platinum Residence 1Every rent contract in Platinum Residence 1

Service charges in Platinum Residence 1

The 2026 service charge in Platinum Residence 1 is AED 14.02 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Platinum Residence 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 14.02730 sqft67.8 sqmt – 1,060 sqft98.5 sqmtAED 10,235 – AED 14,861

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Platinum Residence 1

Transportation near Platinum Residence 1

Stations planned on new lines nearby include Academic City (blue line, 1.9 km, about 6 min drive) and Dubai Silicon Oasis (blue line, 2 km, about 6 min drive).

  • Academic CityBlue line · 1.9 km · about 6 min drive
  • Dubai Silicon OasisBlue line · 2 km · about 6 min drive
  • International City 2Blue line · 4.3 km · about 11 min drive
  • International City 1Blue line · 5.6 km · about 13 min drive
  • Auto MarketBlue line · 7 km · about 16 min drive
  • Dragon MartBlue line · 7.4 km · about 17 min drive

Shopping and groceries near Platinum Residence 1

The closest is Spinneys / Dubai Silicon Oasis, 0.5 km from Platinum Residence 1 (about 6 min walk).

  • Spinneys / Dubai Silicon OasisSupermarket · 0.5 km · about 6 min walk
  • Dubai Outlet MallShopping Mall · 4.6 km · about 11 min drive
  • Spinneys / International City, France ClusterSupermarket · 5.5 km · about 13 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 5.6 km · about 13 min drive
  • Dragon MartShopping Mall · 7.6 km · about 17 min drive

Restaurants and hotels near Platinum Residence 1

The closest is Abidos Hotel Apartments, 2.7 km from Platinum Residence 1 (about 7 min drive).

  • Abidos Hotel ApartmentsHotel · 2.7 km · about 7 min drive

Schools near Platinum Residence 1

The nearest is GEMS Wellington Academy -Fze, 0.7 km away. Ratings are the KHDA's latest inspection grades.

  • GEMS Wellington Academy -FzeUK - UK/IB · KHDA: Very good · 0.7 km
  • The Indian International School (Dso Branch)Indian · KHDA: Good · 1 km
  • Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 1.4 km
  • Dubai English Speaking School - (College)UK · KHDA: Outstanding · 1.6 km
  • German International School DubaiGerman · KHDA: Not inspected due to COVID 19 · 1.7 km
  • Vernus International Primary School - FZCOAmerican · KHDA: Acceptable · 2.1 km

Other buildings in Nadd Hessa

Nadd Hessa has 103 buildings. A few others to compare Platinum Residence 1 with:

Things to consider about Platinum Residence 1

In its favour

  • A median gross yield of 8.2% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Specialists

Brokers who know Platinum Residence 1

These brokers handle sales and lettings in Platinum Residence 1 and can tell you what is available now.

FAQs

Platinum Residence 1: questions answered

Platinum Residence 1 was developed by Ggico in Nadd Hessa.

Platinum Residence 1 is completed in Q4 2016.

Across its 20 most recent registered sales, Platinum Residence 1 sold for a median of AED 944 per sq ft and AED 727.5K per unit.

Recent yearly contracts in Platinum Residence 1 have a median rent of AED 59.0K.

The median gross yield on recently sold units in Platinum Residence 1 is 8.2%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Platinum Residence 1 is AED 14.02 per sq ft a year, as registered with the Dubai Land Department.

Platinum Residence 1 has 1 Bed (730 to 1,060 sq ft).

Academic City is about 1.9 km from Platinum Residence 1.

The nearest schools include GEMS Wellington Academy -Fze (0.7 km), The Indian International School (Dso Branch) (1 km), Lycee Francais International Georges Pompidou School (Dubai Branch) (1.4 km).

Buying, selling or renting in Platinum Residence 1?

A broker who works Nadd Hessa will tell you what is available and what comparable homes went for.

Get a free valuation
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