PLT2-103, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in June 2015, 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 PLT2-103, Platinum Residences 2
What is PLT2-103 worth today?
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Source: Dubai Land Department. Updated 12 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 1st of 8
- Parking
- G-76
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 17,600 /yr
- Last sold
- AED 1.19M · June 2015
- Building
- Platinum Residences 2
About PLT2-103, Platinum Residences 2
PLT2-103 is a two-bedroom apartment of 1,259 sqft on the 1st 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 17 June 2015 for AED 1,192,942, or AED 947 per sqft, 4% above the AED 909 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 12 January 2023, is AED 62,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 17,600 a year.
Sales and rents for PLT2-103 over time
PLT2-103 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 PLT2-103 sits
All 80 2-beds →PLT2-103 last sold in June 2015 at AED 947 per sqft, 4% above what two-beds in Platinum Residences 2 were fetching at the time (AED 909). Over the last 12 months two-beds sold for AED 1,150,000 to 1,310,000, around AED 1,040 per sqft, and rent for AED 50,000 to 120,000 a year. PLT2-103's AED 62,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,153 sqft | 1,170,000 | 1,014 | ||
| 21 Aug 202621 August 2026 | 1,184 sqft | 1,150,000 | 971 | ||
| 23 Feb 202623 February 2026 | 1,201 sqft | 1,250,000 | 1,040 | ||
| 4 Feb 20264 February 2026 | 1,201 sqft | 1,310,000 | 1,090 |
Platinum Residences 2
Building80 apartments, 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,040
- Typical sale
- AED 1.25M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.8%
Other units on the 1st floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-101 | 2-bed | 1,232 sqft | AED 930KAED 930,000 · Apr 2024April 2024 | 50,000 /yr | |
| PLT2-102 | 2-bed | 1,221 sqft | AED 1.12MAED 1,123,932 · May 2018May 2018 | ||
| PLT2-104 | 2-bed | 1,195 sqft | AED 1.09MAED 1,086,279 · Jun 2015June 2015 | 63,000 /yr | |
| PLT2-105 | 2-bed | 1,201 sqft | AED 835KAED 835,000 · Oct 2023October 2023 | 85,000 /yr | |
| PLT2-106 | 2-bed | 1,201 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | 48,539 /yr | |
| PLT2-107 | 2-bed | 1,231 sqft | AED 1.08MAED 1,076,539 · Oct 2017October 2017 | 62,335 /yr | |
| PLT2-108 | 2-bed | 1,747 sqft | AED 1.04MAED 1,040,000 · Feb 2024February 2024 | 65,000 /yr | |
| PLT2-109 | 2-bed | 1,196 sqft | AED 1.13MAED 1,130,693 · Dec 2017December 2017 | 90,000 /yr | |
| PLT2-110 | 2-bed | 1,298 sqft | AED 820KAED 820,000 · Nov 2021November 2021 | 85,000 /yr |
PLT2-103, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 17 June 2015 for AED 1,192,942, or AED 947 per sqft.
- Rented since October 2016 on 6 Ejari contracts, from AED 95,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 17,600 a year (AED 13.95 per sqft).
- Two-beds in Platinum Residences 2 sold for AED 1,150,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,040 per sqft.
Source: Dubai Land Department. Updated 12 January 2023.
Questions about PLT2-103, Platinum Residences 2
What did unit PLT2-103 last sell for?
AED 1,192,942 on 17 June 2015, sold by the developer: AED 947 per sqft for 1,259 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-103?
AED 62,000 a year on the contract renewed on 12 January 2023. The previous contract, from January 2022, was AED 58,000; the unit has been rented since October 2016.
How big is unit PLT2-103?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit PLT2-103 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 1,150,000 to 1,310,000 in the last 12 months, around AED 1,040 per sqft.
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Mortgage on PLT2-103, Platinum Residences 2
Starts from the last sale price (AED 1.19M, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,192,942
- Deposit, UAE resident (20%)
- AED 238,588
- Deposit, non-resident (40%)
- AED 477,177
- Monthly over 25 years at 3.7%
- AED 4,881
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →