PLT2-206, Platinum Residences 2
Sold prices and rental history: sold twice, last in May 2024, 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 PLT2-206, Platinum Residences 2
What is PLT2-206 worth today?
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Source: Dubai Land Department. Updated 24 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 2nd of 8
- Parking
- G-88
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,800 /yr
- Last sold
- AED 870K · May 2024
- Building
- Platinum Residences 2
About PLT2-206, Platinum Residences 2
PLT2-206 is a two-bedroom apartment of 1,201 sqft on the 2nd floor of Platinum Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. It last sold on 24 May 2024 for AED 870,000, or AED 724 per sqft, in line with the AED 727 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 October 2023, is AED 80,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 16,800 a year.
Sales and rents for PLT2-206 over time
PLT2-206 has sold twice; 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 PLT2-206 sits
All 80 2-beds →PLT2-206 last sold in May 2024 at AED 724 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 727). 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. PLT2-206's AED 80,000 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 2nd floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-201 | 2-bed | 577 sqft | AED 1.14MAED 1,140,000 · Nov 2016November 2016 | ||
| PLT2-202 | 2-bed | 1,146 sqft | AED 665KAED 665,000 · Aug 2020August 2020 | 90,000 /yr | |
| PLT2-203 | 2-bed | 1,184 sqft | AED 1.15MAED 1,150,000 · Aug 2026August 2026 | 50,000 /yr | |
| PLT2-204 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · Jun 2024June 2024 | 80,000 /yr | |
| PLT2-205 | 2-bed | 1,201 sqft | AED 940KAED 940,000 · May 2024May 2024 | 58,300 /yr | |
| PLT2-207 | 2-bed | 1,200 sqft | AED 1.02MAED 1,023,249 · Jul 2016July 2016 | 50,000 /yr | |
| PLT2-208 | 2-bed | 1,378 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 73,188 /yr | |
| PLT2-209 | 2-bed | 1,196 sqft | AED 1.05MAED 1,051,702 · Jun 2016June 2016 | 63,500 /yr | |
| PLT2-210 | 2-bed | 1,195 sqft | AED 1.1MAED 1,100,000 · Oct 2016October 2016 | 85,000 /yr |
PLT2-206, Platinum Residences 2 in numbers
- Sold twice: first on 17 June 2015 for AED 1,059,409, last on 24 May 2024 for AED 870,000 (AED 724 per sqft).
- Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 54,000 in 2022 and recovered to AED 80,000 by October 2023.
- At AED 80,000 a year the gross yield on the 2024 price is 9.2%, 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 1,150,000–1,310,000 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 24 May 2024.
Questions about PLT2-206, Platinum Residences 2
What did unit PLT2-206 last sell for?
AED 870,000 on 24 May 2024: AED 724 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 1,059,409 in June 2015.
What is the rent for unit PLT2-206?
AED 80,000 a year on the contract signed on 15 October 2023. The previous contract, from September 2022, was AED 54,000; the unit has been rented since October 2016.
How big is unit PLT2-206?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit PLT2-206 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 PLT2-206, Platinum Residences 2
Starts from the last sale price (AED 870K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →