PLT2-207, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in July 2016, 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 PLT2-207, Platinum Residences 2
What is PLT2-207 worth today?
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Source: Dubai Land Department. Updated 20 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 2nd of 8
- Parking
- G-89
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.02M · July 2016
- Building
- Platinum Residences 2
About PLT2-207, Platinum Residences 2
PLT2-207 is a two-bedroom apartment of 1,200 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. The developer sold it on 19 July 2016 for AED 1,023,249, or AED 852 per sqft, 11% below the AED 958 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 20 March 2021, is AED 50,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-207 over time
PLT2-207 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 PLT2-207 sits
All 80 2-beds →PLT2-207 last sold in July 2016 at AED 852 per sqft, 11% below what two-beds in Platinum Residences 2 were fetching at the time (AED 958). 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. PLT2-207's AED 50,000 is at the bottom 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 | |
| PLT2-206 | 2-bed | 1,201 sqft | AED 870KAED 870,000 · May 2024May 2024 | 80,000 /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 |
PLT2-207, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 19 July 2016 for AED 1,023,249, or AED 852 per sqft.
- Rented since August 2016 on 6 Ejari contracts, from AED 83,651 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2016 price is 4.9%, 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 20 March 2021.
Questions about PLT2-207, Platinum Residences 2
What did unit PLT2-207 last sell for?
AED 1,023,249 on 19 July 2016, sold by the developer: AED 852 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-207?
AED 50,000 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 66,000; the unit has been rented since August 2016.
How big is unit PLT2-207?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit PLT2-207 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 PLT2-207, Platinum Residences 2
Starts from the last sale price (AED 1.02M, 19 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,023,249
- Deposit, UAE resident (20%)
- AED 204,650
- Deposit, non-resident (40%)
- AED 409,300
- Monthly over 25 years at 3.7%
- AED 4,186
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →