PLT2-304, Platinum Residences 2
Sold prices and rental history: sold twice, last in April 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 PLT2-304, Platinum Residences 2
What is PLT2-304 worth today?
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Source: Dubai Land Department. Updated 22 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,195 sqft
- Floor
- 3rd of 8
- Parking
- G-12
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 970K · April 2024
- Building
- Platinum Residences 2
About PLT2-304, Platinum Residences 2
PLT2-304 is a two-bedroom apartment of 1,195 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 22 April 2024 for AED 970,000, or AED 811 per sqft, 15% above the AED 707 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 58,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-304 over time
PLT2-304 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 PLT2-304 sits
All 80 2-beds →PLT2-304 last sold in April 2024 at AED 811 per sqft, 15% above what two-beds in Platinum Residences 2 were fetching at the time (AED 707). 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. PLT2-304's AED 58,000 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 | |
| PLT2-302 | 2-bed | 1,146 sqft | AED 1.11MAED 1,106,486 · Sep 2017September 2017 | 52,000 /yr | |
| PLT2-303 | 2-bed | 1,184 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 65,000 /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 |
PLT2-304, Platinum Residences 2 in numbers
- Sold twice: first on 20 September 2015 for AED 1,184,198, last on 22 April 2024 for AED 970,000 (AED 811 per sqft).
- Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 58,000 by June 2023.
- At AED 58,000 a year the gross yield on the 2024 price is 6.0%, 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 22 April 2024.
Questions about PLT2-304, Platinum Residences 2
What did unit PLT2-304 last sell for?
AED 970,000 on 22 April 2024: AED 811 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 1,184,198 in September 2015.
What is the rent for unit PLT2-304?
AED 58,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 58,000; the unit has been rented since August 2016.
How big is unit PLT2-304?
1,195 sqft (111.0 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit PLT2-304 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 PLT2-304, Platinum Residences 2
Starts from the last sale price (AED 970K, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →