Platinum Residences 1Dubai Silicon Oasis

735,000 AEDmarket

944 AED/ft²

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Delivered: Q4 2016

Completed

Platinum Residences 1

Dubai Silicon Oasis

1 BedApartment

Launch price

706,000 AED

Payment Plan: 10/20/70

Platinum Residences 1

Dubai Silicon Oasis

1 BedApartment

Launch price

706,000 AED

Payment Plan: 10/20/70

Platinum Residences 1

Dubai Silicon Oasis

by GGICO

Booking

10%

Booking

Construction

20%

Construction

Handover

70%

Handover

Local Information

Description

Platinum Residences 1 offers apartments for sale in Dubai Silicon Oasis — a completed seven-storey building by GGICO with 122 units. Gulf General Investments Company developed the project, which was handed over in 2016. The building comprises one-bedroom apartments. Construction commenced in September 2013, with the project originally offering a 30/70 payment plan. Residents have access to major road networks, including Sheikh Mohammed Bin Zayed Road and Al Ain Road. Silicon Oasis Community Park is located nearby, providing green spaces. The development is also close to Cedre Shopping Centre and GEMS Wellington Academy. Platinum Residences 1 is well-connected to key areas across Dubai.

Price History for Platinum Residences 1

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Project	Price per ft²	Construction	Handover	Developer
Altia ResidenceYAS Developers 703 AED/ft² 100% Q4 2016	Altia Residence	703 AED/ft²	100%	Q4 2016
Silicon Gates 4Time Properties 889 AED/ft² 100% Q3 2016	Silicon Gates 4	889 AED/ft²	100%	Q3 2016
Binghatti ViewsBinghatti 654 AED/ft² 100% Q2 2017	Binghatti Views	654 AED/ft²	100%	Q2 2017
Sunshine ResidenceSun and Sand Developers - 100% Q4 2016	Sunshine Residence	-	100%	Q4 2016
Le PresidiumCredo Investments 489 AED/ft² 100% Q3 2016	Le Presidium	489 AED/ft²	100%	Q3 2016

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Unit Plot Map for Platinum Residences 1

What's Available for Platinum Residences 1

Unit #	Type	Beds	From	Built-up	Int. Area	Ext. Area	Floor
No units to display

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Price Trends

For units in Dubai Silicon Oasis

Affordability

Assigned Schools

Neighborhood Overview

Dubai Silicon Oasis

91 Buildings For You

Buy: AED 168K - 4.5M

YoY Price Change: +10.0%

Gross Yield: No rental data available yet

Neighborhood stats provided by Dubai Land Department.

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FAQ

Platinum Residences 1 reached completion in 2016, with the developer, GGICO, finalizing the handover of the 122-unit building by October 31 of that year.

The seven-storey Platinum Residences 1 building exclusively comprises one-bedroom apartments. These units generally range in size from 730 to 856 square feet.

Gulf General Investments Company (GGICO) developed Platinum Residences 1. Established in 1973, GGICO is a long-standing Dubai-based public shareholding company with a portfolio spanning residential, hospitality, and retail developments.

Residents of Platinum Residences 1 have access to a temperature-controlled swimming pool, a gymnasium, a sauna, and a steam room. The building also provides reserved car parking spaces and 24-hour security.

The project is well-suited for young professionals, students, and small families who prioritize living in the integrated, tech-focused environment of Dubai Silicon Oasis. The building's focus on one-bedroom units and its proximity to local business hubs make it a practical choice for those seeking a balance between work and residential life.