PLT2-409, Platinum Residences 2
Sold prices and rental history: sold twice, last in October 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-409, Platinum Residences 2
What is PLT2-409 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 4th of 8
- Parking
- G-69
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.19M · October 2017
- Building
- Platinum Residences 2
About PLT2-409, Platinum Residences 2
PLT2-409 is a two-bedroom apartment of 1,196 sqft on the 4th 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 11 October 2017 for AED 1,191,635, or AED 996 per sqft, 4% above the AED 960 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 April 2025, is AED 85,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-409 over time
PLT2-409 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 PLT2-409 sits
All 77 2-beds →PLT2-409 last sold in October 2017 at AED 996 per sqft, 4% above 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. PLT2-409's AED 85,000 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 4th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-401 | 2-bed | 1,153 sqft | AED 1.15MAED 1,149,268 · Dec 2015December 2015 | ||
| PLT2-402 | 2-bed | 1,146 sqft | AED 1.11MAED 1,110,930 · Apr 2018April 2018 | 60,000 /yr | |
| PLT2-403 | 2-bed | 1,184 sqft | AED 1.25MAED 1,250,000 · Nov 2016November 2016 | 75,000 /yr | |
| PLT2-404 | 2-bed | 1,195 sqft | AED 1.25MAED 1,250,000 · Nov 2016November 2016 | 70,000 /yr | |
| PLT2-405 | 2-bed | 1,201 sqft | AED 1.07MAED 1,068,559 · Jun 2015June 2015 | 68,000 /yr | |
| PLT2-406 | 2-bed | 1,201 sqft | AED 950KAED 949,594 · Nov 2016November 2016 | ||
| PLT2-407 | 2-bed | 1,200 sqft | AED 1.19MAED 1,186,011 · Nov 2016November 2016 | 80,000 /yr | |
| PLT2-408 | 2-bed | 1,378 sqft | AED 800KAED 800,000 · Jun 2022June 2022 | 55,000 /yr | |
| PLT2-410 | 2-bed | 1,195 sqft | AED 1.15MAED 1,145,824 · May 2016May 2016 | 87,000 /yr |
PLT2-409, Platinum Residences 2 in numbers
- Sold twice: first on 8 September 2015 for AED 1,114,572, last on 11 October 2017 for AED 1,191,635 (AED 996 per sqft).
- Rented since October 2018 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 64,000 in 2019 and recovered to AED 85,000 by April 2025.
- At AED 85,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 16,700 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 15 April 2025.
Questions about PLT2-409, Platinum Residences 2
What did unit PLT2-409 last sell for?
AED 1,191,635 on 11 October 2017: AED 996 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 1,114,572 in September 2015.
What is the rent for unit PLT2-409?
AED 85,000 a year on the contract signed on 15 April 2025. The previous contract, from August 2019, was AED 64,000; the unit has been rented since October 2018.
How big is unit PLT2-409?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit PLT2-409 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.
Selling PLT2-409? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on PLT2-409, Platinum Residences 2
Starts from the last sale price (AED 1.19M, 11 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,191,635
- Deposit, UAE resident (20%)
- AED 238,327
- Deposit, non-resident (40%)
- AED 476,654
- Monthly over 25 years at 3.7%
- AED 4,875
Plus AED 55,058 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →