PLT2-805, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-805, Platinum Residences 2
What is PLT2-805 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 8th of 8
- Parking
- G-65
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.09M · November 2017
- Building
- Platinum Residences 2
About PLT2-805, Platinum Residences 2
PLT2-805 is a two-bedroom apartment of 1,201 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 11 November 2017 for AED 1,086,299, or AED 904 per sqft, 5% below the AED 954 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 July 2024, is AED 85,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 16,800 a year.
Sales and rents for PLT2-805 over time
PLT2-805 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 PLT2-805 sits
All 77 2-beds →PLT2-805 last sold in November 2017 at AED 904 per sqft, 5% below what two-beds in Platinum Residences 2 were fetching at the time (AED 954). 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. PLT2-805'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 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 | |
| PLT2-803 | 2-bed | 1,184 sqft | AED 1.15MAED 1,152,119 · Aug 2017August 2017 | 68,000 /yr | |
| PLT2-804 | 2-bed | 1,195 sqft | AED 1.14MAED 1,144,292 · Sep 2017September 2017 | 92,000 /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 |
PLT2-805, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 11 November 2017 for AED 1,086,299, or AED 904 per sqft.
- Rented since June 2022 on 3 Ejari contracts, from AED 65,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 16,800 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 July 2024.
Questions about PLT2-805, Platinum Residences 2
What did unit PLT2-805 last sell for?
AED 1,086,299 on 11 November 2017, sold by the developer: AED 904 per sqft for 1,201 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-805?
AED 85,000 a year on the contract signed on 15 July 2024. The previous contract, from June 2023, was AED 70,000; the unit has been rented since June 2022.
How big is unit PLT2-805?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit PLT2-805 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 PLT2-805, Platinum Residences 2
Starts from the last sale price (AED 1.09M, 11 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,086,299
- Deposit, UAE resident (20%)
- AED 217,260
- Deposit, non-resident (40%)
- AED 434,520
- Monthly over 25 years at 3.7%
- AED 4,444
Plus AED 50,635 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →