PLT2-809, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-809, Platinum Residences 2
What is PLT2-809 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 8th of 8
- Parking
- G-56
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.16M · January 2016
- Building
- Platinum Residences 2
About PLT2-809, Platinum Residences 2
PLT2-809 is a two-bedroom apartment of 1,196 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 14 January 2016 for AED 1,163,365, or AED 972 per sqft, in line with the AED 947 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 55,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-809 over time
PLT2-809 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 PLT2-809 sits
All 77 2-beds →PLT2-809 last sold in January 2016 at AED 972 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 947). 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. PLT2-809's AED 55,000 is at the bottom 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 | |
| PLT2-805 | 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 | ||
| PLT2-810 | 2-bed | 1,195 sqft | AED 1.03MAED 1,025,000 · Sep 2024September 2024 | 67,000 /yr |
PLT2-809, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 14 January 2016 for AED 1,163,365, or AED 972 per sqft.
- Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 30,000 in 2019 and recovered to AED 55,000 by December 2023.
- At AED 55,000 a year the gross yield on the 2016 price is 4.7%, 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 1 December 2023.
Questions about PLT2-809, Platinum Residences 2
What did unit PLT2-809 last sell for?
AED 1,163,365 on 14 January 2016, sold by the developer: AED 972 per sqft for 1,196 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-809?
AED 55,000 a year on the contract signed on 1 December 2023. The previous contract, from April 2021, was AED 65,000; the unit has been rented since February 2018.
How big is unit PLT2-809?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit PLT2-809 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 PLT2-809, Platinum Residences 2
Starts from the last sale price (AED 1.16M, 14 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,163,365
- Deposit, UAE resident (20%)
- AED 232,673
- Deposit, non-resident (40%)
- AED 465,346
- Monthly over 25 years at 3.7%
- AED 4,760
Plus AED 53,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →