Platinum Residences, JVC
Platinum Residences is a five-storey residential building in JVC District 12, Jumeirah Village Circle, developed by Naseeb Group through its subsidiary Platinum Development and completed in April 2019. Recent Dubai Land Department sales are mostly studios of 428 to 476 sq ft. This guide covers what is verified about the building, its location and its sale prices for owners weighing a short-let against a long-let, and is open about what no source publishes.
Developer
Naseeb Group (via Platinum Development)
Storeys
5
Units
Not published by any source
Unit mix
Studios and 1-bedroom apartments in recent sales
Completed
April 2019
Location
JVC District 12, Jumeirah Village Circle
About Platinum Residences
Platinum Residences is a freehold residential building in JVC District 12, Jumeirah Village Circle, five storeys high. Propsearch.ae names Naseeb Group as the developer, working through its subsidiary Platinum Development. Construction began in February 2016 and the project was completed in April 2019. The architectural consultant was Dimensions Architecture Unlimited.
Propsearch.ae gives the project value as AED 23,905,000 (about USD 6.5 million), a developer estimate made before construction. It records 26 sale transaction records for the building. In Dubai Land Department data the building appears under the name Platinum Residence.
Single-portal sourcing, disclosed: every fact above comes from propsearch.ae's building page, which cites Dubai Land Department transaction records as the basis for the pricing below. Bayut.com, Dubricks, DXB Interact and Property Finder returned no usable page for the building, so the developer, storeys, dates and architect are single-sourced and no source publishes a unit count or a unit mix. Live-checked 2026-09-23.
Location and Nearby Landmarks
Platinum Residences sits in JVC District 12, with Ghaf Park about 0.1 km away, Henna Park 0.2 km and Yas Park 0.3 km. Holiday Inn Dubai Village Circle is the nearest hotel at 0.1 km.
Cinepolis at Circle Mall is about 1.3 km away, The Els Golf Club 2.0 km, Reel Cinemas at The Springs Souk 2.3 km, Dubai Miracle Garden about 3.3 km and Montgomerie Golf Course 3.8 km. For the wider picture of the district, see Royale Stays' Airbnb management in JVC page.
Nearby parks, hotels, cinemas and attractions sourced from propsearch.ae. Used as location colour rather than a load-bearing fact. Live-checked 2026-09-23.
Unit Types and Sizes
No source publishes a unit count or an official unit mix for Platinum Residences, so this section relies on what recent Dubai Land Department sales show.
Seven of the eight recent sales are studios of 428, 468, 471, 472, 472, 476 and 476 sq ft, and the eighth is a 892 sq ft one-bedroom. That points to a building weighted towards compact studios, but it is a reading of a small sample, not a published unit split.
Sizes and unit types from propsearch.ae's Dubai Land Department transaction records. Live-checked 2026-09-23.
Amenities
No source publishes an amenity list for Platinum Residences.
Propsearch.ae lists no facilities for the building and no other portal has a page for it, so this guide does not claim a pool, gym or parking arrangement. If a facility matters to your plans, ask the building management directly before you buy or furnish.
Absence of an amenity list is a sourcing gap, not evidence that the building has none. Live-checked 2026-09-23.
Transportation and Access
Platinum Residences is a car-first location, like most of JVC.
By car, it takes roughly 21 minutes to reach Dubai Mall, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 20 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 26 minutes away and Al Maktoum International Airport (DWC) roughly 34 minutes.
Drive times from propsearch.ae, Google Maps-calculated, fastest route in typical traffic. Live-checked 2026-09-23.
Price Guide: Sales at Platinum Residences
Recent Dubai Land Department sale records for Platinum Residences, filtered to Sale transactions, show studios at AED 778,206 to AED 903,610 and a one-bedroom at AED 1,454,501 between 12 August and 10 September.
Eight sales carry a usable record: a 428 sq ft studio at AED 778,206 on 10 September (AED 1,818 per sq ft), a 476 sq ft studio at AED 856,368 on 27 August (AED 1,799), a 472 sq ft studio at AED 877,857 on 21 August (AED 1,860), a 472 sq ft studio at AED 897,287 and a 476 sq ft studio at AED 903,610 on 20 August (AED 1,901 and AED 1,898), a 468 sq ft studio at AED 859,709 and a 471 sq ft studio at AED 864,650 on 19 August (AED 1,837 and AED 1,836) and an 892 sq ft one-bedroom at AED 1,454,501 on 12 August (AED 1,631). Studio prices cluster around AED 1,800 to AED 1,900 per sq ft. Use Royale Stays' Dubai property ROI calculator to test a purchase price against expected returns.
Sale prices from propsearch.ae's structured Transaction Type and Building Name fields, Building Name Platinum Residence. Excluded: one Mortgage Registration (AED 495,000) and one 20 August record whose unit type could not be resolved from the page and which shows AED 1,338,595 for 465 sq ft, implausible for a studio. No median from another portal, service-charge or rental figure was found. Live-checked 2026-09-23.
Airbnb Income Potential at Platinum Residences
Platinum Residences is a residential building with no hotel operator listed, so the standard route applies: the owner holds the title, the unit is registered as a holiday home with the Dubai Department of Economy and Tourism, and Royale Stays handles the application, the furnishing plan, photography, pricing, guest check-in, communications and maintenance under a management fee from 15%. Our Airbnb management in JVC page covers how that works across the community, and the wider Airbnb property management in Dubai guide covers the service in full.
What works in its favour: an April 2019 completion, three parks within a few minutes on foot and a studio-heavy mix that suits a compact furnished unit. What works against it: it is a car-first location, and no source confirms which facilities the building offers, so check the building itself before you plan around one.
Royale Stays does not publish building-specific earnings for Platinum Residences, and no figure on this page should be read as one. JVC is not one of Royale Stays' five core managed areas. If you own here and want a comparison of a furnished short-let against a long-let for your actual unit, the number to call is +971 56 642 4239.
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