PLT2-104, 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 PLT2-104, Platinum Residences 2
What is PLT2-104 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,195 sqft
- Floor
- 1st of 8
- Parking
- G-66
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.09M · June 2015
- Building
- Platinum Residences 2
About PLT2-104, Platinum Residences 2
PLT2-104 is a two-bedroom apartment of 1,195 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 1,086,279, or AED 909 per sqft, in line with 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 1 October 2023, is AED 63,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-104 over time
PLT2-104 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 PLT2-104 sits
All 80 2-beds →PLT2-104 last sold in June 2015 at AED 909 per sqft, in line with 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. PLT2-104's AED 63,000 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 | ||
| PLT2-103 | 2-bed | 1,259 sqft | AED 1.19MAED 1,192,942 · Jun 2015June 2015 | 62,000 /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 |
PLT2-104, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 17 June 2015 for AED 1,086,279, or AED 909 per sqft.
- Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 52,000 in 2020 and recovered to AED 63,000 by October 2023.
- At AED 63,000 a year the gross yield on the 2015 price is 5.8%, 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 1,150,000–1,310,000 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 1 October 2023.
Questions about PLT2-104, Platinum Residences 2
What did unit PLT2-104 last sell for?
AED 1,086,279 on 17 June 2015, sold by the developer: AED 909 per sqft for 1,195 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-104?
AED 63,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 60,000; the unit has been rented since October 2016.
How big is unit PLT2-104?
1,195 sqft (111.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit PLT2-104 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 PLT2-104, Platinum Residences 2
Starts from the last sale price (AED 1.09M, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,086,279
- Deposit, UAE resident (20%)
- AED 217,256
- Deposit, non-resident (40%)
- AED 434,512
- Monthly over 25 years at 3.7%
- AED 4,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →