Platinum One is a nine-storey residential complex located in the Dubailand area of Arjan, Dubai. The project was developed by ACW Holdings. Construction of the building began in 2009 and was completed in 2013.
There are a total of 284 fully furnished residential units, including studios and one- to two-bedroom apartments that feature luxurious finishes. Properties are equipped with household appliances, free Wi-Fi, and satellite TV.
The complex provides a variety of amenities and services, including:
Studios range in size from 37 sq. m (400 sq. ft.) to 49 sq. m (525 sq. ft.). One-bedroom apartments range in size from 56 sq. m (604 sq. ft.) to 65 sq. m (700 sq. ft.), and two-bedroom apartments range in size from 94 sq. m (1,007 sq. ft.) to 102 sq. m (1,100 sq. ft.).
Studios have a starting price of AED 300,000 (USD 82,000).
Platinum One is located near Sheikh Mohammed Bin Zayed Road and Al Khail Road, which provide direct routes to other parts of the emirate. Residents have easy access to public transportation, such as buses and cabs. The nearest bus stop, Domus Hotels Staff Building 2, is situated within a 10-minute walk of the apartments. Dubai International Airport can be reached within a 30-minute drive.
The building is located near other residential communities, such as Al Barsha, Motor City, Jumeirah Village Circle, Dubai Science Park, Studio City, and Villa Lantana. Residents can choose from a selection of local restaurants, cafes, and supermarkets, such as Right Buy Supermarket, Khaana Badosh, Shakespeare and Co, Carrefour Market, Smartcook Restaurant, Marty Mini Store, Zest Restaurant, and Food Park Restaurant. For medical assistance, residents can go to Irham Pharmacy, Marina Pharmacy, RX Now Pharmacy, and Irham Medical Centre, which can be reached within a 10- to 20-minute drive of the residences.
The complex is located within a short drive of several popular destinations, including:
Properties in Dubailand are in demand among tenants, as well as investors looking to generate a high passive income. Residential units in the community have a high level of economic attractiveness that is associated with return on investment rates. Studios and apartments have return rates that can reach up to 7.26%. Properties have high liquidity, and apartments are popular among owners and renters.
The annual rental rate for a studio starts at AED 40,000 (USD 11,000).
Sign up for our weekly newsletter for market updates!