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2-bed · 577 sqftPlatinum Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2015

PLT2-201, Platinum Residences 2

Sold prices and rental history: sold twice, last in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-201 · DLD and Ejari recordsUpdated 16 November 2016
Last soldAED 1.14M16 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-201, Platinum Residences 2

What is PLT2-201 worth today?

Last sold for AED 1,140,000 in 2016

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16 Nov 2016SoldReady
AED 1,140,000AED 988 per sqft
15 Nov 2016Sold by developerReady
AED 1,058,558AED 918 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 November 2016.

Key facts

Type
2-bed apartment
Size
577 sqft
Floor
2nd of 8
Parking
G-30
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 8,000 /yr
Last sold
AED 1.14M · November 2016
Building
Platinum Residences 2

About PLT2-201, Platinum Residences 2

PLT2-201 is a two-bedroom apartment of 577 sqft on the 2nd 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 16 November 2016 for AED 1,140,000, or AED 988 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for PLT2-201 over time

Sales
Unit PLT2-201, each saleTypical two-bed in Platinum Residences 2
800K1M1.2M2015201820212024Typical 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, November 2016: AED 1,140,000 (AED 988 per sqft)Sold by developer, November 2016: AED 1,058,558 (AED 918 per sqft)

PLT2-201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-201, 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 84,000

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 PLT2-201 sits

All 77 2-beds →

PLT2-201 last sold in November 2016 at AED 988 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 960). 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.

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 2nd floor

All 80 units in Platinum Residences 2
Value
PLT2-2022-bedAED 665K · Aug 2020
PLT2-2032-bedAED 1.24M · Jun 2016
PLT2-2042-bedAED 970K · Jun 2024
PLT2-2052-bedAED 940K · May 2024
PLT2-2062-bedAED 870K · May 2024
PLT2-2072-bedAED 1.02M · Jul 2016
PLT2-2082-bedAED 1M · May 2024
1–7 of 9

PLT2-201, Platinum Residences 2 in numbers

  • Sold twice: first on 15 November 2016 for AED 1,058,558, last on 16 November 2016 for AED 1,140,000 (AED 988 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 16 November 2016.

Questions about PLT2-201, Platinum Residences 2

What did unit PLT2-201 last sell for?

AED 1,140,000 on 16 November 2016: AED 988 per sqft for 577 sqft. The unit has 2 registered sales; the first was AED 1,058,558 in November 2016.

How big is unit PLT2-201?

577 sqft (53.6 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit PLT2-201 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 PLT2-201, Platinum Residences 2

Starts from the last sale price (AED 1.14M, 16 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →