PLT2-302, Platinum Residences 2
Sold prices and rental history: sold twice, last in September 2017, 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 PLT2-302, Platinum Residences 2
What is PLT2-302 worth today?
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Source: Dubai Land Department. Updated 25 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,146 sqft
- Floor
- 3rd of 8
- Parking
- G-123
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.11M · September 2017
- Building
- Platinum Residences 2
About PLT2-302, Platinum Residences 2
PLT2-302 is a two-bedroom apartment of 1,146 sqft on the 3rd 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 26 September 2017 for AED 1,106,486, or AED 965 per sqft, in line with the AED 963 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 25 March 2022, is AED 52,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 16,000 a year.
Sales and rents for PLT2-302 over time
PLT2-302 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 PLT2-302 sits
All 80 2-beds →PLT2-302 last sold in September 2017 at AED 965 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 963). 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. PLT2-302's AED 52,000 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 3rd floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-301 | 2-bed | 1,153 sqft | AED 1.1MAED 1,097,907 · Sep 2015September 2015 | 90,000 /yr | |
| PLT2-303 | 2-bed | 1,184 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 65,000 /yr | |
| PLT2-304 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · Apr 2024April 2024 | 58,000 /yr | |
| PLT2-305 | 2-bed | 1,201 sqft | AED 1.08MAED 1,080,000 · Dec 2024December 2024 | 68,000 /yr | |
| PLT2-306 | 2-bed | 1,201 sqft | AED 1.25MAED 1,250,000 · Feb 2026February 2026 | 80,000 /yr | |
| PLT2-307 | 2-bed | 1,200 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 66,550 /yr | |
| PLT2-308 | 2-bed | 1,378 sqft | AED 775KAED 775,000 · Jan 2022January 2022 | 100,000 /yr | |
| PLT2-309 | 2-bed | 1,196 sqft | AED 740KAED 740,000 · Jul 2017July 2017 | 88,000 /yr | |
| PLT2-310 | 2-bed | 1,195 sqft | AED 1.19MAED 1,191,495 · Oct 2017October 2017 | 85,000 /yr |
PLT2-302, Platinum Residences 2 in numbers
- Sold twice: first on 26 December 2016 for AED 1,106,486, last on 26 September 2017 for AED 1,106,486 (AED 965 per sqft).
- Rented since August 2016 on 5 Ejari contracts, from AED 90,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2017 price is 4.7%, before a service charge of about AED 16,000 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 25 March 2022.
Questions about PLT2-302, Platinum Residences 2
What did unit PLT2-302 last sell for?
AED 1,106,486 on 26 September 2017: AED 965 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 1,106,486 in December 2016.
What is the rent for unit PLT2-302?
AED 52,000 a year on the contract renewed on 25 March 2022. The previous contract, from March 2021, was AED 50,000; the unit has been rented since August 2016.
How big is unit PLT2-302?
1,146 sqft (106.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit PLT2-302 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 PLT2-302, Platinum Residences 2
Starts from the last sale price (AED 1.11M, 26 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,106,486
- Deposit, UAE resident (20%)
- AED 221,297
- Deposit, non-resident (40%)
- AED 442,594
- Monthly over 25 years at 3.7%
- AED 4,527
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →