2-bed · 1,747 sqftPlatinum Residences 2, Dubai Silicon Oasis · 1st floor · completed 2015

PLT2-108, Platinum Residences 2

Sold prices and rental history: sold twice, last in February 2024, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-108 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 1.04M7 February 2024
Current rentAED 65K /yr5 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-108, Platinum Residences 2

What is PLT2-108 worth today?

Last sold for AED 1,040,000 in 2024

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7 Feb 2024SoldReady
AED 1,040,000AED 595 per sqft
5 Feb 2022RentedNew contract
AED 65,000/yr36 months · AED 37 per sqft
16 Mar 2017Sold by developerReady
AED 575,000AED 329 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2024.

Key facts

Type
2-bed apartment
Size
1,747 sqft
Floor
1st of 8
Parking
G-59,G-95
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 24,400 /yr
Last sold
AED 1.04M · February 2024

About PLT2-108, Platinum Residences 2

PLT2-108 is a two-bedroom apartment of 1,747 sqft on the 1st floor of Platinum Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. It last sold on 7 February 2024 for AED 1,040,000, or AED 595 per sqft, 17% below the AED 718 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 February 2022. The current contract, signed on 5 February 2022, is AED 65,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 24,400 a year.

Sales and rents for PLT2-108 over time

Sales
Unit PLT2-108, each saleTypical two-bed in Platinum Residences 2
500K1M2015201820212024Typical sale price by year: 2015 AED 1,105,151; 2016 AED 1,145,824; 2017 AED 1,126,824; 2018 AED 1,066,664; 2021 AED 750,000; 2022 AED 800,000; 2023 AED 845,000; 2024 AED 970,000; 2025 AED 1,150,000Sold by developer, March 2017: AED 575,000 (AED 329 per sqft)Sold, February 2024: AED 1,040,000 (AED 595 per sqft)

PLT2-108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-108, each contractTypical two-bed in Platinum Residences 2
60K80K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,500; 2022 AED 58,000; 2023 AED 65,048; 2024 AED 75,000; 2025 AED 84,000New contract, February 2022: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Platinum Residences 2, and where PLT2-108 sits

All 77 2-beds →

PLT2-108 last sold in February 2024 at AED 595 per sqft, 17% below what two-beds in Platinum Residences 2 were fetching at the time (AED 718). Over the last 12 months two-beds sold for AED 1,250,000 to 1,310,000, around AED 1,065 per sqft, and rent for AED 60,000 to 120,000 a year. PLT2-108's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20261,310,000
5 Jan 20261,250,000
3 Jul 20251,025,000
12 May 20251,400,000
2 2-bed sales in the last 12 months

Platinum Residences 2

Building

80 apartments, 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 2 sold in the last 12 months.

Typical price per sqft
AED 1,065
Typical sale
AED 1.28M
Typical rent
AED 80K /yr
Typical yield
6.3%
Platinum Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 80 units in Platinum Residences 2
Value
PLT2-1012-bedAED 930K · Apr 2024
PLT2-1022-bedAED 1.12M · May 2018
PLT2-1032-bedAED 1.19M · Jun 2015
PLT2-1042-bedAED 1.09M · Jun 2015
PLT2-1052-bedAED 835K · Oct 2023
PLT2-1062-bedAED 850K · Jan 2024
PLT2-1072-bedAED 1.08M · Oct 2017
1–7 of 9

PLT2-108, Platinum Residences 2 in numbers

  • Sold twice: first on 16 March 2017 for AED 575,000, last on 7 February 2024 for AED 1,040,000 (AED 595 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 24,400 a year (AED 13.95 per sqft).
  • Two-beds in Platinum Residences 2 sold for AED 1,250,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,065 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2024.

Questions about PLT2-108, Platinum Residences 2

What did unit PLT2-108 last sell for?

AED 1,040,000 on 7 February 2024: AED 595 per sqft for 1,747 sqft. The unit has 2 registered sales; the first was AED 575,000 in March 2017.

What is the rent for unit PLT2-108?

AED 65,000 a year on the contract signed on 5 February 2022.

How big is unit PLT2-108?

1,747 sqft (162.3 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit PLT2-108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Platinum Residences 2 sold for AED 1,250,000 to 1,310,000 in the last 12 months, around AED 1,065 per sqft.

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Mortgage on PLT2-108, Platinum Residences 2

Starts from the last sale price (AED 1.04M, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

Plus AED 48,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →