PLT2-502, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-502, Platinum Residences 2
What is PLT2-502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,146 sqft
- Floor
- 5th of 8
- Parking
- G-90
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.12M · August 2017
- Building
- Platinum Residences 2
About PLT2-502, Platinum Residences 2
PLT2-502 is a two-bedroom apartment of 1,146 sqft on the 5th 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 10 August 2017 for AED 1,115,374, or AED 973 per sqft, in line with the AED 958 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 74,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 16,000 a year.
Sales and rents for PLT2-502 over time
PLT2-502 has sold once; 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 PLT2-502 sits
All 77 2-beds →PLT2-502 last sold in August 2017 at AED 973 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 958). 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. PLT2-502's AED 74,000 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 5th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-501 | 2-bed | 1,153 sqft | AED 1.12MAED 1,118,585 · Sep 2015September 2015 | 85,000 /yr | |
| PLT2-503 | 1,184 sqft | AED 745KAED 745,000 · Feb 2021February 2021 | 90,000 /yr | ||
| PLT2-504 | 2-bed | 1,195 sqft | AED 1.19MAED 1,193,664 · Aug 2017August 2017 | ||
| PLT2-505 | 2-bed | 1,201 sqft | AED 1.07MAED 1,072,970 · May 2015May 2015 | 88,000 /yr | |
| PLT2-506 | 2-bed | 1,201 sqft | AED 800KAED 800,000 · Feb 2024February 2024 | 15,000 /yr | |
| PLT2-507 | 1,200 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 60,000 /yr | ||
| PLT2-508 | 2-bed | 1,378 sqft | AED 1.26MAED 1,255,897 · Jun 2015June 2015 | 60,000 /yr | |
| PLT2-509 | 2-bed | 1,196 sqft | AED 1.15MAED 1,149,363 · Jun 2015June 2015 | 59,850 /yr | |
| PLT2-510 | 2-bed | 1,195 sqft | AED 890KAED 890,000 · Sep 2023September 2023 | 50,000 /yr |
PLT2-502, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 10 August 2017 for AED 1,115,374, or AED 973 per sqft.
- Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 82,000 to AED 54,000 in 2021 and recovered to AED 74,000 by August 2025.
- At AED 74,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 16,000 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 1 August 2025.
Questions about PLT2-502, Platinum Residences 2
What did unit PLT2-502 last sell for?
AED 1,115,374 on 10 August 2017, sold by the developer: AED 973 per sqft for 1,146 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-502?
AED 74,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2023, was AED 74,000; the unit has been rented since November 2017.
How big is unit PLT2-502?
1,146 sqft (106.5 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit PLT2-502 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 PLT2-502, Platinum Residences 2
Starts from the last sale price (AED 1.12M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,115,374
- Deposit, UAE resident (20%)
- AED 223,075
- Deposit, non-resident (40%)
- AED 446,150
- Monthly over 25 years at 3.7%
- AED 4,563
Plus AED 51,856 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →