Platinum 1 in Al Barshaa South Third - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Platinum 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	43	1,297	55,772
1	49	1,402	68,700

The cap rate (rental yield) of investments into Platinum 1 project is 19.6% on average.

The price of an apartment in Platinum 1 is 6,750 AED/sqm on average.

The long term rent of an apartment in Platinum 1 is 1,323 AED/sqm/year on average.

Rent for Studio apartment in Platinum 1 is 55,772 AED or 1,297 AED/sqm.
Rent for 1 bedroom apartment in Platinum 1 is 68,700 AED or 1,402 AED/sqm.

About Platinum 1

'Platinum 1' in 'Al Barshaa South Third' area project description

The Platinum 1 project in Al Barsha South Third is a distinguished residential development that embodies luxurious living in one of Dubai's most sought-after areas. Al Barsha South Third is known for its strategic location, providing residents with easy access to numerous essential amenities and landmarks in Dubai. This area has quickly gained popularity due to its proximity to key parts of the city including Dubai Marina, Downtown Dubai, and major highways such as Sheikh Zayed Road and Al Khail Road.

Platinum 1 is a modern, mid-rise development that stands out with its sleek architectural design and high-quality construction. The building is designed to meet the diverse needs of its residents, offering a mix of studio, one-bedroom, and two-bedroom apartments. Each unit is thoughtfully designed with a focus on space optimization, sophisticated finishes, and contemporary aesthetics. Large windows provide ample natural light and offer stunning views of the surrounding cityscape, enhancing the living experience.

One of the primary attractions of Platinum 1 is the wide range of amenities it offers. The building features a fully-equipped fitness center, allowing residents to maintain an active lifestyle without leaving the premises. A rooftop swimming pool and sun deck provide a perfect spot for relaxation, leisure activities, and social gatherings. For families, a dedicated children's play area ensures that the younger residents are entertained and safe.

Security and convenience are paramount in Platinum 1. The development is equipped with advanced security systems including 24-hour surveillance and controlled access to the building. In addition, ample parking space is available for residents and their guests, with provisions for both outdoor and underground parking.

The location of Platinum 1 itself is a significant selling point. Al Barsha South Third is a neighborhood that offers a perfect blend of tranquility and connectivity. Nearby are several reputable educational institutions, hospitals, and shopping centers like the Mall of the Emirates, making day-to-day living exceptionally convenient. Commuters benefit from the area’s accessibility, with several public transport options available including metro and bus services.

For those who appreciate greenery, the nearby parks and landscaped areas provide an excellent retreat from the urban environment, ideal for outdoor activities or a leisurely walk. The community is also known for its multicultural vibe, where expatriates from various parts of the world come together, contributing to a vibrant and dynamic atmosphere.

In summary, the Platinum 1 project in Al Barsha South Third offers a harmonious blend of modern amenities, strategic location, and elegant living spaces, making it a perfect choice for both investors and end-users seeking a sophisticated lifestyle in Dubai.

Q&A on Platinum 1

What are the advantages of 'Platinum 1' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Platinum 1' project in Al Barsha South Third area for property buyers:

1. Prime Location: Situated in Al Barsha South Third, which is strategically located near major roadways providing easy access to other parts of Dubai.
2. Amenities: The project is likely to offer modern amenities such as swimming pools, fitness centers, retail spaces, and green areas.
3. Investment Potential: Given its location and features, the property might offer strong rental yields and appreciation potential.
4. Infrastructure: Al Barsha is a developed area with schools, hospitals, shopping malls, and entertainment options nearby.
5. Community Atmosphere: Residential projects in Al Barsha South Third often foster a sense of community with planned neighborhoods and communal spaces.

Disadvantages of 'Platinum 1' project in Al Barsha South Third for property buyers:

1. Traffic Congestion: Being in a well-developed area, traffic congestion might be an issue during peak hours.
2. Higher Price Point: Prime location and added amenities might come with a higher cost compared to other regions.
3. Construction Noise: If other projects are underway in the vicinity, construction noise could be a temporary but significant inconvenience.
4. Maintenance Fees: High-quality amenities might lead to elevated maintenance fees which can add to the overall cost of ownership.
5. Limited Availability: Popular areas like Al Barsha South Third may have limited inventory, causing competition among buyers.

It's important to conduct thorough research and possibly engage with a local real estate professional to understand the specifics of the 'Platinum 1' project and how it aligns with your investment goals.

What projects are better than 'Platinum 1' project in Dubai which are located close by, and why?

When considering real estate projects in Al Barsha South Third area of Dubai, comparing alternatives to the "Platinum 1" project involves looking at various factors such as location, amenities, build quality, developer reputation, and value for money. Here are a few prominent projects in the vicinity that might be considered better based on these criteria:

1. Al Barsha South Villas
- Why Better: These luxury villas offer more space and privacy compared to typical apartment buildings. They usually come with private gardens and possibly pools, making them ideal for families and those seeking a high-end residential experience.
- Amenities: Larger living spaces, landscaped gardens, private pools, and high-end finishes.

2. Arjan Community (part of Dubai's Dubailand)
- Why Better: Arjan features a range of high-quality developments with various residential apartment buildings and real estate services. Its strategic location near major highways allows easy access to other parts of Dubai.
- Amenities: Close proximity to Dubai Miracle Garden and Butterfly Garden, various retail outlets, schools, and healthcare facilities. Offers competitive pricing with better ROI potential.
- Developer Reputation: Several reputable developers contributing to the area’s boom, providing high confidence in project quality and timely completion.

3. Al Habtoor Polo Resort and Club
- Why Better: A luxurious community with a focus on sports and lifestyle. It offers high-end residential options, including villas, townhouses, and apartments.
- Amenities: World-class polo club, abundant green spaces, fine dining restaurants, and high-quality recreational facilities.

4. Victory Heights in Dubai Sports City
- Why Better: Victory Heights offers a well-rounded lifestyle within a community-centric environment. Although not exactly adjacent, it isn’t far from Al Barsha South.
- Amenities: Features a golf course, various sports facilities, parks, schools, healthcare, and retail areas, creating an upscale and family-friendly environment.

5. Dubai Hills Estate
- Why Better: One of Dubai’s most sought-after communities, offering a blend of prime location, luxurious properties, and abundant amenities.
- Amenities: World-class golf course, expansive parks, Dubai Hills Mall, top-tier schools, and healthcare facilities. Properties here also tend to have excellent appreciation potential.
- Developer Reputation: Developed by Emaar, a leading name in Dubai’s real estate sector, ensuring high quality and timely delivery.

Other Key Considerations:
- Transportation and Accessibility: Proximity to major road networks, metro stations, and bus stations enhances convenience and property value.
- Future Development Plans: Look at upcoming infrastructure projects that may enhance the desirability and value of the area in the long term.
- Community Feel: Some projects provide a greater sense of community through events, design, and resident services.

Ultimately, the "better" project boils down to individual preferences and priorities. For some, larger living spaces and community-focused amenities may be the deciding factors, while others might prioritize accessibility and future appreciation prospects. It is recommended to visit these areas, and possibly consult with a local real estate expert to get a holistic view of what each project offers.

What are the closest schools to 'Platinum 1' project in Dubai?

GEMS Founders School - Al Barsha: Located in Al Barsha South, Al Barsha 3, near the intersection of Hessa Street and Sheikh Zayed Road.

Nord Anglia International School Dubai: Situated near the intersection of Hessa Street and Sheikh Mohammed Bin Zayed Road, close to Al Barsha South.

Dubai Heights Academy: Found in Al Barsha South, adjacent to Umm Suqeim Street within the Dubai Science Park area.

Foremarke School Dubai: Located in Al Barsha South near the Dubai Science Park, close to the intersection of Umm Suqeim Street and Al Khail Road.

Kings' School Al Barsha: Positioned in Al Barsha South, near Hessa Street and Umm Suqeim Street intersecting areas.

Arbor School: Situated in Al Furjan, which is in close proximity to Al Barsha South via Al Asayel Street and Al Yalayis Street.

Clarion School: Located in Al Quoz, not too far from Al Barsha South via Umm Suqeim Street and First Al Khail Road.

What are the closest medical clinics to 'Platinum 1' project in Dubai?

1. Mediclinic Parkview Hospital
- Location: Umm Suqeim Street, Al Barsha South 3, Dubai

2. Emirates Hospital Day Surgery & Medical Center, Motor City
- Location: Detroit House, Motor City, Dubai

3. HealthHub Al Barsha South
- Location: Al Barsha South, Dubai Science Park, Dubai

4. Aster Clinic, Arabian Ranches
- Location: The Retail Centre, Arabian Ranches 1, Dubai

5. Saudi German Hospital
- Location: Hessa Street, Al Barsha 3, Dubai