Platinum Residence 1
Gulf General Investments · Dubai Silicon Oasis · 120 homes · Completed
A completed Gulf General Investments project in Dubai Silicon Oasis: 120 homes, handed over in Feb 2017, a quarter after the Q4 2016 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 954 per sqft, 5% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q2 2015 | 912 | 11 |
| Q3 2015 | 909 | 14 |
| Q4 2015 | 916 | 17 |
| Q4 2016 | 853 | 17 |
| Q1 2017 | 921 | 20 |
| Q2 2017 | 851 | 14 |
| Q3 2017 | 852 | 13 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
26% under the Dubai Silicon Oasis median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Platinum Residence 1 handed over?
In Feb 2017, when the first ready-market sale was registered. The register declared completion for Q4 2016, so it handed over a quarter late.
What do homes in Platinum Residence 1 sell for?
From Jul 2025 to Jun 2026, 13 homes sold on the register at a median of AED 954 per sqft and AED 740K per home. By unit type: 1 BR AED 740K (13 sales). These are registered deeds, not the developer's price list.
Who built Platinum Residence 1?
Gulf General Investments. The project is registered to Gulf General Investments on the Dubai Land Department register, which lists 20 projects for the developer in Dubai, 0 of them under construction. 0 of its 10 dated handovers came within 3 months of the promised date.
How many homes are in Platinum Residence 1?
120, as counted on the Dubai Land Department register. The declared mix: 120 1 BR.
