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 type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 120 | 730 sqft67.8 sqmt – 1,060 sqft98.5 sqmt | AED 715K | AED 59K |
Sale trends in Platinum Residence 1
Median sale price
AED 727.5K
Median per sq ft
AED 944
Median gross yield
8.2%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 485.0K to AED 920.0K (730 to 969 sq ft), across 20 sales
Rental trends in Platinum Residence 1
1-bedroom homes in Platinum Residence 1 were let for AED 48.8K to AED 62.0K a year across 6 recent contracts, with a median of AED 59.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 48.8K to AED 62.0K a year (730 to 1,061 sq ft), across 6 contracts
Recent transactions in Platinum Residence 1
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 700,000AED 959 /sqftAED 10,323 /sqmt | 730 sqft67.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 850,000AED 899 /sqftAED 9,677 /sqmt | 945 sqft87.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 600,000AED 799 /sqftAED 8,600 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 700,000AED 959 /sqftAED 10,323 /sqmt | 730 sqft67.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 679,628AED 788 /sqftAED 8,482 /sqmt | 862 sqft80.1 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 730,000AED 972 /sqftAED 10,463 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 740,000AED 1,014 /sqftAED 10,915 /sqmt | 730 sqft67.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 740,000AED 985 /sqftAED 10,602 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 835,000AED 953 /sqftAED 10,258 /sqmt | 876 sqft81.4 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 700,000AED 812 /sqftAED 8,740 /sqmt | 862 sqft80.1 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 780,000AED 935 /sqftAED 10,064 /sqmt | 834 sqft77.5 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 760,000AED 1,012 /sqftAED 10,893 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 850,000AED 877 /sqftAED 9,440 /sqmt | 969 sqft90 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 920,000AED 974 /sqftAED 10,484 /sqmt | 945 sqft87.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 755,000AED 858 /sqftAED 9,235 /sqmt | 880 sqft81.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 725,000AED 845 /sqftAED 9,096 /sqmt | 858 sqft79.7 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 720,000AED 959 /sqftAED 10,323 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 710,000AED 973 /sqftAED 10,473 /sqmt | 730 sqft67.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 485,000AED 664 /sqftAED 7,147 /sqmt | 730 sqft67.8 sqmt1 Bed | Owner |
| Platinum Residence 1, Dubai Silicon OasisReadyApartment | AED 490,000AED 652 /sqftAED 7,018 /sqmt | 751 sqft69.8 sqmt1 Bed | Owner |
Platinum Residence 1
Dubai Silicon Oasis
AED 700K
AED 959 /sqftAED 10,323 /sqmt
ReadyApartment730 sqft67.8 sqmt1 BedOwner7 Oct 2026Platinum Residence 1
Dubai Silicon Oasis
AED 850K
AED 899 /sqftAED 9,677 /sqmt
ReadyApartment945 sqft87.8 sqmt1 BedOwner23 Sept 2026Platinum Residence 1
Dubai Silicon Oasis
AED 600K
AED 799 /sqftAED 8,600 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner19 Aug 2026Platinum Residence 1
Dubai Silicon Oasis
AED 700K
AED 959 /sqftAED 10,323 /sqmt
ReadyApartment730 sqft67.8 sqmt1 BedOwner18 Aug 2026Platinum Residence 1
Dubai Silicon Oasis
AED 679.6K
AED 788 /sqftAED 8,482 /sqmt
ReadyApartment862 sqft80.1 sqmt1 BedOwner21 Apr 2026Platinum Residence 1
Dubai Silicon Oasis
AED 730K
AED 972 /sqftAED 10,463 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner11 Feb 2026Platinum Residence 1
Dubai Silicon Oasis
AED 740K
AED 1,014 /sqftAED 10,915 /sqmt
ReadyApartment730 sqft67.8 sqmt1 BedOwner10 Feb 2026Platinum Residence 1
Dubai Silicon Oasis
AED 740K
AED 985 /sqftAED 10,602 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner9 Feb 2026Platinum Residence 1
Dubai Silicon Oasis
AED 835K
AED 953 /sqftAED 10,258 /sqmt
ReadyApartment876 sqft81.4 sqmt1 BedOwner23 Jan 2026Platinum Residence 1
Dubai Silicon Oasis
AED 700K
AED 812 /sqftAED 8,740 /sqmt
ReadyApartment862 sqft80.1 sqmt1 BedOwner28 Nov 2025Platinum Residence 1
Dubai Silicon Oasis
AED 780K
AED 935 /sqftAED 10,064 /sqmt
ReadyApartment834 sqft77.5 sqmt1 BedOwner16 Oct 2025Platinum Residence 1
Dubai Silicon Oasis
AED 760K
AED 1,012 /sqftAED 10,893 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner16 Oct 2025Platinum Residence 1
Dubai Silicon Oasis
AED 850K
AED 877 /sqftAED 9,440 /sqmt
ReadyApartment969 sqft90 sqmt1 BedOwner13 Oct 2025Platinum Residence 1
Dubai Silicon Oasis
AED 920K
AED 974 /sqftAED 10,484 /sqmt
ReadyApartment945 sqft87.8 sqmt1 BedOwner9 Oct 2025Platinum Residence 1
Dubai Silicon Oasis
AED 755K
AED 858 /sqftAED 9,235 /sqmt
ReadyApartment880 sqft81.8 sqmt1 BedOwner2 Oct 2025Platinum Residence 1
Dubai Silicon Oasis
AED 725K
AED 845 /sqftAED 9,096 /sqmt
ReadyApartment858 sqft79.7 sqmt1 BedOwner23 Sept 2025Platinum Residence 1
Dubai Silicon Oasis
AED 720K
AED 959 /sqftAED 10,323 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner11 Aug 2025Platinum Residence 1
Dubai Silicon Oasis
AED 710K
AED 973 /sqftAED 10,473 /sqmt
ReadyApartment730 sqft67.8 sqmt1 BedOwner2 Jun 2025Platinum Residence 1
Dubai Silicon Oasis
AED 485K
AED 664 /sqftAED 7,147 /sqmt
ReadyApartment730 sqft67.8 sqmt1 BedOwner8 May 2025Platinum Residence 1
Dubai Silicon Oasis
AED 490K
AED 652 /sqftAED 7,018 /sqmt
ReadyApartment751 sqft69.8 sqmt1 BedOwner8 May 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Platinum Residence 1, Dubai Silicon OasisApartmentRenewal | AED 62,000 | 876 sqft81.4 sqmt1 Bed | to |
| Platinum Residence 1, Dubai Silicon OasisApartmentNew contract | AED 60,000 | 862 sqft80.1 sqmt1 Bed | to |
| Platinum Residence 1, Dubai Silicon OasisApartmentNew contract | AED 58,000 | 730 sqft67.8 sqmt1 Bed | to |
| Platinum Residence 1, Dubai Silicon OasisApartmentNew contract | AED 62,000 | 730 sqft67.8 sqmt1 Bed | to |
| Platinum Residence 1, Dubai Silicon OasisApartmentRenewal | AED 48,825 | 751 sqft69.8 sqmt1 Bed | to |
| Platinum Residence 1, Dubai Silicon OasisApartmentRenewal | AED 55,000 | 1,061 sqft98.6 sqmt1 Bed | to |
Platinum Residence 1
Dubai Silicon Oasis
AED 62K/yr
ApartmentRenewal876 sqft81.4 sqmt1 BedtoPlatinum Residence 1
Dubai Silicon Oasis
AED 60K/yr
ApartmentNew contract862 sqft80.1 sqmt1 BedtoPlatinum Residence 1
Dubai Silicon Oasis
AED 58K/yr
ApartmentNew contract730 sqft67.8 sqmt1 BedtoPlatinum Residence 1
Dubai Silicon Oasis
AED 62K/yr
ApartmentNew contract730 sqft67.8 sqmt1 BedtoPlatinum Residence 1
Dubai Silicon Oasis
AED 48.8K/yr
ApartmentRenewal751 sqft69.8 sqmt1 BedtoPlatinum Residence 1
Dubai Silicon Oasis
AED 55K/yr
ApartmentRenewal1,061 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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 14.02 | 730 sqft67.8 sqmt – 1,060 sqft98.5 sqmt | AED 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:
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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.

Alaaeldin Hassan
Assistant Manager

Wisam Eitouni
Senior Property Advisor

Howard Mall
Senior Property Advisor

Khalid Abdul-Hadi
Senior Property Advisor
FAQs
Platinum Residence 1: questions answered
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.