PLT2-203, Platinum Residences 2
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-203, Platinum Residences 2
What is PLT2-203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 592 sqft
- Floor
- 2nd of 8
- Parking
- G-55
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 8,300 /yr
- Last sold
- AED 1.24M · June 2016
- Building
- Platinum Residences 2
About PLT2-203, Platinum Residences 2
PLT2-203 is a two-bedroom apartment of 592 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 6 June 2016 for AED 1,240,000, or AED 1,047 per sqft, 10% above the AED 950 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 76,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 8,300 a year.
Sales and rents for PLT2-203 over time
PLT2-203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 PLT2-203 sits
All 77 2-beds →PLT2-203 last sold in June 2016 at AED 1,047 per sqft, 10% above what two-beds in Platinum Residences 2 were fetching at the time (AED 950). 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. PLT2-203's AED 76,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,201 sqft | 1,310,000 | 1,090 | ||
| 5 Jan 20265 January 2026 | 1,201 sqft | 1,250,000 | 1,040 | ||
| 3 Jul 20253 July 2025 | 1,201 sqft | 1,025,000 | 853 | ||
| 12 May 202512 May 2025 | 1,195 sqft | 1,400,000 | 1,171 |
Platinum Residences 2
Building80 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%
Other units on the 2nd floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-201 | 2-bed | 577 sqft | AED 1.14MAED 1,140,000 · Nov 2016November 2016 | ||
| PLT2-202 | 2-bed | 1,146 sqft | AED 665KAED 665,000 · Aug 2020August 2020 | 90,000 /yr | |
| PLT2-204 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · Jun 2024June 2024 | 73,000 /yr | |
| PLT2-205 | 2-bed | 1,201 sqft | AED 940KAED 940,000 · May 2024May 2024 | 58,300 /yr | |
| PLT2-206 | 2-bed | 1,201 sqft | AED 870KAED 870,000 · May 2024May 2024 | 80,000 /yr | |
| PLT2-207 | 2-bed | 1,200 sqft | AED 1.02MAED 1,023,249 · Jul 2016July 2016 | 50,000 /yr | |
| PLT2-208 | 2-bed | 1,378 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 71,400 /yr | |
| PLT2-209 | 2-bed | 1,196 sqft | AED 1.05MAED 1,051,702 · Jun 2016June 2016 | 63,500 /yr | |
| PLT2-210 | 2-bed | 1,195 sqft | AED 1.1MAED 1,100,000 · Oct 2016October 2016 | 85,000 /yr |
PLT2-203, Platinum Residences 2 in numbers
- Sold twice: first on 18 October 2015 for AED 1,188,182, last on 6 June 2016 for AED 1,240,000 (AED 1,047 per sqft).
- Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 64,000 in 2022 and recovered to AED 76,000 by July 2025.
- At AED 76,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 8,300 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 10 July 2025.
Questions about PLT2-203, Platinum Residences 2
What did unit PLT2-203 last sell for?
AED 1,240,000 on 6 June 2016: AED 1,047 per sqft for 592 sqft. The unit has 2 registered sales; the first was AED 1,188,182 in October 2015.
What is the rent for unit PLT2-203?
AED 76,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2024, was AED 70,000; the unit has been rented since April 2018.
How big is unit PLT2-203?
592 sqft (55.0 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit PLT2-203 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 PLT2-203, Platinum Residences 2
Starts from the last sale price (AED 1.24M, 6 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,000
- Deposit, UAE resident (20%)
- AED 248,000
- Deposit, non-resident (40%)
- AED 496,000
- Monthly over 25 years at 3.7%
- AED 5,073
Plus AED 57,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →