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Details

Commercial Title :

The Platinum Residences

Official Title :

Nadd Hessa

Type :

Free Hold

Development Number :

N/A

Registration Date :

02-Oct-2014

Construction Started Date :

08-Sep-2013

Completion Status :

Completed

Life Cycle :

Mature

Master Developer(s) :

GULF GENERAL INVESTMENTS CO. (P.S.C)

Launch Date :

01-Oct-2014

Anticipated Completion Date :

31-Oct-2016

Handover Date :

01-Jan-2016



Description

Platinum Residence, Dubai Silicon Oasis (DSO) – Detailed Property Description

Platinum Residence in Dubai Silicon Oasis (DSO) is an established residential property option for people looking for practical apartment living in a well-connected Dubai neighborhood. The name is used for more than one building in the area, including Platinum Residence 1 and Platinum Residence 2, so it is important to identify the correct building when publishing project details.

Platinum Residence 1 is a completed residential development associated with Gulf General Investments Company (GGICO), with approximately 120 registered residential units. Platinum Residence 2 is a separate building developed by GGICO Properties and is described as a nine-story residential property completed in 2016.

Both properties benefit from their location within Dubai Silicon Oasis, a community that combines residential buildings, offices, retail outlets, educational institutions and everyday services. For buyers, tenants and property investors, Platinum Residence can be worth considering when comparing established apartments in DSO.

Overview of Platinum Residence Dubai

Platinum Residence is part of the established apartment market in Dubai Silicon Oasis, where residents can enjoy a community-oriented environment with access to shopping, education, dining and essential services. The property is suited to people who prioritize a functional home, useful residential facilities and convenient access to other parts of Dubai.

Rather than being a newly launched off-plan project, Platinum Residence 1 and Platinum Residence 2 are completed residential buildings. This makes them relevant to people searching for ready apartments for rent or purchase, subject to the availability and legal status of the specific unit.

The appeal of Platinum Residence lies in its established location and practical apartment options. Whether someone is moving to Dubai for work, looking for a home near educational institutions, or exploring a residential property investment, the building can be assessed against individual needs, budget and preferred apartment layout.

Location and connectivity in Dubai Silicon Oasis

Dubai Silicon Oasis is a mixed-use community known for its residential neighborhoods, business facilities and technology-focused environment. It offers a balance between everyday residential living and access to commercial and educational destinations.

Platinum Residence is located in the Nadd Hessa area of Dubai Silicon Oasis. Platinum Residence 2 is listed along Academic City Road, providing a useful location reference for people arranging property viewings or checking routes.

Road access

The wider Dubai Silicon Oasis community connects with major roads serving Dubai, including Sheikh Mohammed Bin Zayed Road (E311) and Dubai–Al Ain Road (E66). These routes help residents travel to other residential communities, employment centers, and leisure destinations.

Actual journey times vary with traffic conditions, the building entrance and the destination. Prospective residents should check their regular commute before choosing an apartment.

Shopping and daily conveniences

Residents can access shopping and grocery options across Dubai Silicon Oasis, including Silicon Central Mall. Supermarkets, cafes, restaurants, pharmacies and other daily services in the wider community help support a convenient residential lifestyle.

The availability of individual shops and services may change, so it is worth checking the closest options to the specific Platinum Residence building.

Education and family living

Dubai Silicon Oasis and the neighboring Academic City area are relevant to families and students because of the concentration of educational institutions in the wider district. One established school in the community is GEMS Wellington Academy – Silicon Oasis.

For households with children, school distance, transport arrangements and admission availability should be considered alongside apartment size and building facilities.

Apartment types and residential layouts

The apartment selection depends on which Platinum Residence building is being considered.

Platinum Residence 1

Published property listings identify Platinum Residence 1 primarily with one-bedroom apartments. These homes may appeal to individuals and couples who want a dedicated bedroom, a separate living space and access to the everyday amenities available in Dubai Silicon Oasis.

Depending on the individual unit, advertised features can include a balcony, built-in wardrobes, a fitted or equipped kitchen, central air conditioning and allocated parking. These features should be verified against the specific listing rather than assumed for every apartment.

Platinum Residence 2

Platinum Residence 2 is reported to offer one- and two-bedroom apartments. This choice can accommodate different household requirements, from compact living arrangements to homes with additional space for family members or a home office.

Two-bedroom apartments may include separate living and dining areas, a kitchen, bedrooms, bathrooms and a balcony, depending on the floor plan. Buyers and tenants should review the actual layout, usable area, storage and overall condition before committing.

Lifestyle at Platinum Residence

Living in Platinum Residence places residents within an established community rather than an isolated development. Dubai Silicon Oasis brings together residential buildings, local retail, educational facilities and business premises, creating a neighborhood that can suit different stages of life.

For working professionals, the area can provide a practical base close to offices and business facilities in DSO and nearby districts. For couples, one-bedroom apartments may offer a manageable living space, while two-bedroom homes in Platinum Residence 2 can provide greater flexibility for households that need an extra room.

Families may value the wider area's schools, supermarkets, healthcare options and recreational spaces. Students may also consider the location when comparing accommodation near the educational institutions of Dubai Silicon Oasis and Academic City.

Ultimately, the most suitable apartment will depend on the individual property, the household's priorities and the convenience of its everyday routes.

Is Platinum Residence suitable for property investors?

Platinum Residence may be worth evaluating for buyers seeking an established apartment in Dubai Silicon Oasis. Because the buildings are completed, prospective investors can investigate actual unit condition, current rental listings and comparable transactions instead of relying solely on forecasts for a future development.

Before purchasing, investors should consider:

  • The asking price compared with recent transactions for similar units.

  • Current achievable rent and the potential for vacancy between tenancies.

  • Annual service charges, maintenance expenses and utility or cooling costs.

  • The building's maintenance history and the condition of shared facilities.

  • The apartment's ownership status, title documentation and any restrictions.

  • The likely resale audience for the specific apartment type and price range.

A sound investment assessment should use net income after relevant costs rather than headline rental yield alone. Neither rental income nor capital appreciation is guaranteed.

Why consider Platinum Residence in DSO Dubai?

Platinum Residence offers an established residential address in Dubai Silicon Oasis, with apartment options and facilities that can suit residents seeking everyday convenience. Its location within a mixed-use community is particularly relevant to people who want access to shopping, education, business facilities and major road connections.

The distinction between Platinum Residence 1 and Platinum Residence 2 is important. Buyers seeking a one-bedroom apartment may wish to explore Platinum Residence 1, while those looking for a choice of one- and two-bedroom layouts may also consider Platinum Residence 2. The appropriate choice ultimately depends on unit availability, budget, floor plan, maintenance standards and the terms of ownership.

For anyone searching for apartments in Dubai Silicon Oasis, Platinum Residence is worth comparing with other established buildings in the area. A property viewing and a review of current transaction and tenancy information will help determine whether it is the right fit.

Frequently asked questions about Platinum Residence Dubai

1. Where is Platinum Residence located?

Platinum Residence is located in Dubai Silicon Oasis, in the Nadd Hessa area of Dubai, UAE. Platinum Residence 2 is listed on Academic City Road.

2. Who developed Platinum Residence?

Platinum Residence 1 is associated with Gulf General Investments Company (GGICO). Platinum Residence 2 is also identified in published property information as a GGICO Properties development.

3. Is Platinum Residence a completed property?

Yes. Platinum Residence 1 is listed as completed, and Platinum Residence 2 is reported to have been completed in 2016. Both are established residential buildings rather than new off-plan launches.

4. What apartment types are available at Platinum Residence?

Platinum Residence 1 is primarily associated with one-bedroom apartments, while Platinum Residence 2 is reported to offer one- and two-bedroom apartments. Availability depends on current sales and rental listings.

5. What amenities are available at Platinum Residence?

Reported facilities include swimming pools, gymnasiums, parking and security services. Platinum Residence 2 is also associated with landscaped gardens, a jacuzzi, and a barbecue area. Confirm the facilities available in the specific building.

6. Is Platinum Residence suitable for families?

It may suit small families and other households looking for apartments in an established community with access to schools, shopping and everyday services. The best fit depends on the apartment's size, layout and the family's requirements.

7. Is Platinum Residence a good investment?

It may be worth considering for buyers evaluating ready apartments in Dubai Silicon Oasis. Investment suitability depends on the purchase price, rental demand, service charges, maintenance costs, ownership terms and expected net income. Returns are not guaranteed.

8. What is the difference between Platinum Residence 1 and Platinum Residence 2?

Platinum Residence 1 is reported to contain approximately 120 registered units and is primarily associated with one-bedroom apartments. Platinum Residence 2 is a separate nine-storey building completed in 2016, with one- and two-bedroom apartment options.

9. Is Platinum Residence freehold?

Ownership details should be checked for the specific building and apartment. Published listings indicate different ownership arrangements, so buyers should confirm the property's current title and eligibility through the relevant Dubai Land Department records before purchase.

 

Location

Title Development Developer
Platinum Residence 1 Dubai Silicon Oasis(DSO) > The Platinum Residences Gulf General Investments Co. (P.S.C)
Platinum Residence 2 Dubai Silicon Oasis(DSO) > The Platinum Residences Gulf General Investments Co. (P.S.C)

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"