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Construction Status

100%

Payment Plan

100%

Anticipated Completion Date

31-Oct-2016

100%

Description Milestone Event (%) Value
Down Payment Immediate 100%

Details

Title :

Platinum Residence 1

Type :

Free Hold

Project Number :

1589

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Development :

The Platinum Residences

Plot Number :

1091

Project Configuration :

G+7+R

Number Of Units :

120

Number Of Floor :

8

Plot Area :

N/A

Built Up Area :

9,419 Square Feet

Construction Status :

100%

Launch Date :

01-Oct-2014

Registration Date :

02-Oct-2014

Construction Started Date :

08-Sep-2013

Anticipated Completion Date :

31-Oct-2016

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

01-Oct-2016

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A





Description

Platinum Residence 1, Dubai Silicon Oasis – Detailed Property Description

Platinum Residence 1 is an established residential apartment building in Dubai Silicon Oasis, Dubai. Located in the Nadd Hessa area, the building offers apartment living within a community known for its residential neighborhoods, business facilities, educational institutions and everyday conveniences. Its practical location and range of residential amenities make it an option worth considering for professionals, couples, small families and property investors.

The building is reported to comprise eight floors, approximately 120 residential apartments, three lifts and 132 parking spaces. A swimming pool, fitness facilities and children's play areas are among the amenities associated with the property. These features contribute to its appeal for people seeking a completed residential property in Dubai Silicon Oasis rather than a newly launched off-plan development.

For anyone searching for apartments in Dubai Silicon Oasis, Platinum Residence 1 offers an opportunity to explore practical urban living in an established part of Dubai. Its appeal lies in the combination of residential convenience, shared leisure facilities and access to the wider community.

About Platinum Residence 1 Dubai

Platinum Residence 1 is a mid-rise residential building designed for apartment living in Dubai Silicon Oasis. Its eight-story structure provides a more modest residential setting than many of Dubai's high-rise towers, while its location gives residents access to the facilities and services available throughout the surrounding neighborhood.

The building is commonly marketed as Platinum Residence 1 or Platinum Residences 1. It is associated with Gulf General Investments Company (GGICO), according to published property listings.

The residential offering includes one-bedroom apartments, with individual property listings documenting different layouts, balcony arrangements and interior configurations. Buyers and tenants should check current listings for the exact unit types available rather than assuming that every apartment configuration is offered in the building.

For residents, the emphasis is on practical features that matter in everyday life: a functional living space, access to shared facilities, parking arrangements and the convenience of living in an established Dubai community.

Apartment options at Platinum Residence 1

Platinum Residence 1 is particularly associated with one-bedroom apartment listings. Available properties show variations in internal layouts, balcony arrangements, bathrooms, furnishings, and views, allowing prospective residents to compare units according to their needs and budget.

One-bedroom apartments

One-bedroom apartments are a practical option for individuals and couples who want a separate bedroom alongside a living and dining area. Depending on the unit, features may include a balcony, built-in wardrobes, a fitted or separate kitchen, central air conditioning and one or more bathrooms.

These homes may appeal to working professionals who want to live near Dubai Silicon Oasis's business and educational facilities. Buyers can also compare one-bedroom units based on usable floor area, natural light, balcony size, orientation and the condition of the kitchen and bathrooms.

Interior layouts and living spaces

Individual listings show a variety of layouts, including open-plan living areas and separate kitchens. Some apartments have large windows and balconies that provide additional natural light and outdoor space. Actual features vary by unit, so a floor plan and physical inspection are useful before making a rental or purchase decision.

For furnished apartments, buyers and tenants should confirm which furniture and appliances are included. For unfurnished homes, the layout may offer greater flexibility to arrange the interior according to personal preferences.

Location of Platinum Residence 1 in Dubai Silicon Oasis

Location is an important consideration when choosing a home, and Platinum Residence 1 benefits from its position within Dubai Silicon Oasis (DSO). The wider community combines residential developments with offices, education facilities, retail destinations and services that support daily life.

For residents, this means the decision is not just about the apartment itself. Access to supermarkets, restaurants, healthcare, schools and road connections can also influence the overall living experience.

Shopping and everyday convenience

Silicon Central Mall is a shopping destination in the wider community, offering retail and dining options. Residents can also find supermarkets, smaller shops, cafés and restaurants across Dubai Silicon Oasis.

These facilities can make routine activities, such as grocery shopping and meeting friends for a meal, more convenient. Actual distances and journey times from Platinum Residence 1 depend on the destination and route.

Schools and educational institutions

Dubai Silicon Oasis and its surrounding areas serve families with access to educational institutions, including GEMS Wellington Academy – Silicon Oasis. The wider location may also be relevant to students and employees connected with nearby educational and business facilities.

Families should check school admissions, available curricula and daily travel requirements before choosing a home.

Healthcare facilities

Residents can access healthcare providers in the wider Dubai Silicon Oasis area, including Fakeeh University Hospital. Healthcare access can be an important consideration for families and working professionals, although the best facility will depend on the service required and the actual journey from the building.

Connectivity and transport

Platinum Residence 1 is located within Dubai Silicon Oasis, which connects to the wider city through Dubai's road network. Major routes serving the community include Dubai–Al Ain Road (E66) and Sheikh Mohammed Bin Zayed Road (E311), offering connections towards other residential and commercial districts.

The location may be convenient for residents who drive to work, university campuses or other parts of Dubai. Public transport users should check current RTA bus services, nearby stops and connections to metro stations, as routes and timetables can change.

When comparing apartments, it is worth considering the actual commute to work, school or frequently visited destinations rather than relying solely on a property's general location description.

Lifestyle in Dubai Silicon Oasis

Dubai Silicon Oasis offers a mixed-use urban environment with residential neighborhoods, business activity, educational facilities and retail services. It can suit residents who want to live in an established community rather than depend entirely on destinations in central Dubai for everyday needs.

For professionals, the area can provide access to nearby workplaces and business facilities. For families, the wider community offers schools, shopping and recreational options. Couples and individuals may appreciate the practical apartment choices and access to everyday services.

The lifestyle experience ultimately depends on personal priorities, including the apartment's location within the community, building maintenance, nearby traffic, noise levels and the facilities used most often.

Is Platinum Residence 1 a good investment?

Platinum Residence 1 may be worth considering for buyers exploring established residential properties in Dubai Silicon Oasis. Its existing apartment stock allows investors to assess actual transaction records and rental comparables rather than relying only on projected prices for a new development.

Before purchasing, investors should evaluate:

  • Recent registered sale prices for comparable apartments.

  • Current rental rates and demand for similar units.

  • Annual service charges and other ownership costs.

  • The apartment's condition and expected maintenance expenses.

  • Occupancy, lease terms and potential vacancy periods.

  • Resale demand and ownership eligibility for the specific unit.

Published transaction data can help establish a more realistic view of the market. One property data source reports recent sales activity for Platinum Residence 1, but historical performance does not guarantee future appreciation or rental returns.

Who should consider Platinum Residence 1?

Platinum Residence 1 may be relevant to several types of property seekers:

  • Professionals: Those looking for a home within Dubai Silicon Oasis and convenient access to nearby business facilities.

  • Couples: One-bedroom apartments can provide a separate bedroom and living area without requiring a larger property.

  • Small households: Apartment layouts may suit residents who prioritize practical living spaces and shared amenities.

  • First-time property buyers: An established apartment can provide an opportunity to compare actual prices, costs and unit conditions.

  • Property investors: Buyers can evaluate the building using comparable sales, achievable rents and ownership expenses.

The best option depends on the individual apartment, the buyer's financial objectives and the location's suitability for everyday routines.

Frequently asked questions about Platinum Residence 1, DSO Dubai

1. Where is Platinum Residence 1 located?

Platinum Residence 1 is located in Dubai Silicon Oasis, within the Nadd Hessa area of Dubai, United Arab Emirates.

2. Who is the developer of Platinum Residence 1?

Published property listings identify Gulf General Investments Company (GGICO) as the developer. Buyers should verify the information against the relevant official property records.

3. How many floors does Platinum Residence 1 have?

The building is reported to have eight floors, approximately 120 residential apartments, three lifts and 132 parking spaces.

4. What types of apartments are available at Platinum Residence 1?

The building is particularly associated with one-bedroom apartments. Available listings vary in floor area, layout, balcony configuration, furnishing and bathroom arrangements. Confirm current availability before publishing specific unit types.

5. What amenities are available at Platinum Residence 1?

Reported amenities include a swimming pool, gymnasium, children's play area, parking, lifts and security services. Some listings also mention sauna and steam facilities. Current availability should be confirmed with building management.

6. Is Platinum Residence 1 suitable for families?

It may suit small families and couples who value apartment living, shared recreational facilities and access to schools, shopping and healthcare in the wider Dubai Silicon Oasis community.

7. Is Platinum Residence 1 a completed or off-plan property?

Platinum Residence 1 is marketed as an existing residential building, with apartments listed for both sale and rent. It is therefore an established property rather than a newly launched off-plan project.

8. Is Platinum Residence 1 a good place to buy an apartment?

It may be worth considering for buyers seeking an established apartment in Dubai Silicon Oasis. A sound decision should be based on the specific unit's price, condition, service charges, ownership details and comparable market transactions.

9. Is Platinum Residence 1 suitable for rental investment?

Potentially, but rental performance depends on the purchase price, achievable rent, service charges, maintenance expenses and occupancy. Investors should compare current listings with actual rental transactions before estimating returns.

Location

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"