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2-bed · 1,378 sqftPlatinum Residences 2, Dubai Silicon Oasis · 7th floor · completed 2015

PLT2-708, Platinum Residences 2

Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-708 · DLD and Ejari recordsUpdated 13 October 2016
Last soldAED 1.25M13 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-708, Platinum Residences 2

What is PLT2-708 worth today?

Last sold for AED 1,246,096 in 2016

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13 Oct 2016Sold by developerReady
AED 1,246,096AED 904 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2016.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
7th of 8
Parking
G-26
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 19,200 /yr
Last sold
AED 1.25M · October 2016
Building
Platinum Residences 2

About PLT2-708, Platinum Residences 2

PLT2-708 is a two-bedroom apartment of 1,378 sqft on the 7th 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 13 October 2016 for AED 1,246,096, or AED 904 per sqft, 5% below the AED 952 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for PLT2-708 over time

Sales
Unit PLT2-708, each saleTypical two-bed in Platinum Residences 2
750K1M1.25M2015201820212024Typical 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, October 2016: AED 1,246,096 (AED 904 per sqft)

PLT2-708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-708, 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 PLT2-708 sits

All 77 2-beds →

PLT2-708 last sold in October 2016 at AED 904 per sqft, 5% below what two-beds in Platinum Residences 2 were fetching at the time (AED 952). 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 7th floor

All 80 units in Platinum Residences 2
Value
PLT2-7012-bedAED 840K · Dec 2023
PLT2-7022-bedAED 1.16M · Jun 2018
PLT2-7032-bedAED 1.15M · Feb 2017
PLT2-7042-bedAED 1.14M · Jan 2017
PLT2-7052-bedAED 1.31M · Feb 2026
PLT2-7062-bedAED 1.25M · Jan 2026
PLT2-7072-bedAED 1.12M · Mar 2016
1–7 of 9

PLT2-708, Platinum Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 13 October 2016 for AED 1,246,096, or AED 904 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 13 October 2016.

Questions about PLT2-708, Platinum Residences 2

What did unit PLT2-708 last sell for?

AED 1,246,096 on 13 October 2016, sold by the developer: AED 904 per sqft for 1,378 sqft. It is the only registered sale of the unit.

How big is unit PLT2-708?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit PLT2-708 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 PLT2-708, Platinum Residences 2

Starts from the last sale price (AED 1.25M, 13 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,246,096
Deposit, UAE resident (20%)
AED 249,219
Deposit, non-resident (40%)
AED 498,438
Monthly over 25 years at 3.7%
AED 5,098

Plus AED 57,346 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →