PLT2-803, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-803, Platinum Residences 2
What is PLT2-803 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,184 sqft
- Floor
- 8th of 8
- Parking
- G-17
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.15M · August 2017
- Building
- Platinum Residences 2
About PLT2-803, Platinum Residences 2
PLT2-803 is a two-bedroom apartment of 1,184 sqft on the 8th 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 1,152,119, 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 2016 on 10 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 68,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for PLT2-803 over time
PLT2-803 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 PLT2-803 sits
All 77 2-beds →PLT2-803 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. PLT2-803's AED 68,000 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 8th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-801 | 2-bed | 1,153 sqft | AED 1.11MAED 1,108,249 · Jun 2015June 2015 | 66,000 /yr | |
| PLT2-802 | 2-bed | 1,146 sqft | AED 1.19MAED 1,188,110 · Oct 2015October 2015 | 67,000 /yr | |
| PLT2-804 | 2-bed | 1,195 sqft | AED 1.14MAED 1,144,292 · Sep 2017September 2017 | 92,000 /yr | |
| PLT2-805 | 2-bed | 1,201 sqft | AED 1.09MAED 1,086,299 · Nov 2017November 2017 | 85,000 /yr | |
| PLT2-806 | 2-bed | 1,201 sqft | AED 358KAED 357,500 · Jan 2021January 2021 | 90,000 /yr | |
| PLT2-807 | 2-bed | 1,200 sqft | AED 1.06MAED 1,061,049 · Apr 2018April 2018 | ||
| PLT2-808 | 2-bed | 1,378 sqft | AED 1.27MAED 1,265,000 · Mar 2025March 2025 | ||
| PLT2-809 | 2-bed | 1,196 sqft | AED 1.16MAED 1,163,365 · Jan 2016January 2016 | 55,000 /yr | |
| PLT2-810 | 2-bed | 1,195 sqft | AED 1.03MAED 1,025,000 · Sep 2024September 2024 | 67,000 /yr |
PLT2-803, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 10 August 2017 for AED 1,152,119, or AED 973 per sqft.
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 55,000 in 2021 and recovered to AED 68,000 by May 2025.
- At AED 68,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 16,500 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 May 2025.
Questions about PLT2-803, Platinum Residences 2
What did unit PLT2-803 last sell for?
AED 1,152,119 on 10 August 2017, sold by the developer: AED 973 per sqft for 1,184 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-803?
AED 68,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 68,000; the unit has been rented since July 2016.
How big is unit PLT2-803?
1,184 sqft (110.0 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit PLT2-803 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 PLT2-803, Platinum Residences 2
Starts from the last sale price (AED 1.15M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,152,119
- Deposit, UAE resident (20%)
- AED 230,424
- Deposit, non-resident (40%)
- AED 460,848
- Monthly over 25 years at 3.7%
- AED 4,714
Plus AED 53,399 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →