2-bed · 1,153 sqftPlatinum Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2015

PLT2-301, Platinum Residences 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-301 · DLD and Ejari recordsUpdated 25 December 2021
Last soldAED 1.1M20 September 2015
Current rentAED 56K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-301, Platinum Residences 2

What is PLT2-301 worth today?

Last sold for AED 1,097,907 in 2015

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25 Dec 2021RentedNew contract
AED 56,000/yr12 months · AED 49 per sqft
5 Nov 2019RentedNew contract
AED 64,000/yr12 months · AED 56 per sqft
15 Sep 2018RentedRenewal
AED 83,000/yr12 months · AED 72 per sqft
15 Sep 2017RentedRenewal
AED 95,000/yr12 months · AED 82 per sqft
15 Sep 2016RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
20 Sep 2015Sold by developerOff-plan
AED 1,097,907AED 952 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2021.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
3rd of 8
Parking
G-122
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.1M · September 2015

About PLT2-301, Platinum Residences 2

PLT2-301 is a two-bedroom apartment of 1,153 sqft on the 3rd floor of Platinum Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. The developer sold it on 20 September 2015 for AED 1,097,907, or AED 952 per sqft, 4% above the AED 917 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 December 2021, is AED 56,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 16,100 a year.

Sales and rents for PLT2-301 over time

Sales
Unit PLT2-301, 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 by developer, September 2015: AED 1,097,907 (AED 952 per sqft)

PLT2-301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-301, each contractTypical two-bed in Platinum Residences 2
60K80K100K2016201920222025Typical 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, September 2016: AED 95,000 a yearRenewal, September 2017: AED 95,000 a yearRenewal, September 2018: AED 83,000 a yearNew contract, November 2019: AED 64,000 a yearNew contract, December 2021: AED 56,000 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 PLT2-301 sits

All 77 2-beds →

PLT2-301 last sold in September 2015 at AED 952 per sqft, 4% above what two-beds in Platinum Residences 2 were fetching at the time (AED 917). 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. PLT2-301's AED 56,000 is at the bottom 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 3rd floor

All 80 units in Platinum Residences 2
Value
PLT2-3022-bedAED 1.11M · Sep 2017
PLT2-3032-bedAED 1.05M · Oct 2024
PLT2-3042-bedAED 970K · Apr 2024
PLT2-3052-bedAED 1.08M · Dec 2024
PLT2-3062-bedAED 1.12M · May 2017
PLT2-307AED 1.1M · Sep 2025
PLT2-3082-bedAED 775K · Jan 2022
1–7 of 9

PLT2-301, Platinum Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 20 September 2015 for AED 1,097,907, or AED 952 per sqft.
  • Rented since September 2016 on 5 Ejari contracts, from AED 95,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 16,100 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 25 December 2021.

Questions about PLT2-301, Platinum Residences 2

What did unit PLT2-301 last sell for?

AED 1,097,907 on 20 September 2015, sold by the developer: AED 952 per sqft for 1,153 sqft. It is the only registered sale of the unit.

What is the rent for unit PLT2-301?

AED 56,000 a year on the contract signed on 25 December 2021. The previous contract, from November 2019, was AED 64,000; the unit has been rented since September 2016.

How big is unit PLT2-301?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit PLT2-301 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 PLT2-301, Platinum Residences 2

Starts from the last sale price (AED 1.1M, 20 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,097,907
Deposit, UAE resident (20%)
AED 219,581
Deposit, non-resident (40%)
AED 439,163
Monthly over 25 years at 3.7%
AED 4,492

Plus AED 51,122 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →