2-bed · 1,184 sqftPlatinum Residences 2, Dubai Silicon Oasis · 4th floor · completed 2015

PLT2-403, Platinum Residences 2

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-403 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1.25M3 November 2016
Current rentAED 75K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-403, Platinum Residences 2

What is PLT2-403 worth today?

Last sold for AED 1,250,000 in 2016

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15 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
15 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
15 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
15 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
15 Aug 2020RentedNew contract
AED 53,000/yr12 months · AED 45 per sqft
10 Apr 2019RentedRenewal
AED 78,000/yr6 months · AED 66 per sqft
10 Apr 2018RentedNew contract
AED 78,000/yr12 months · AED 66 per sqft
3 Nov 2016SoldReady
AED 1,250,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
4th of 8
Parking
G-49
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,500 /yr
Last sold
AED 1.25M · November 2016

About PLT2-403, Platinum Residences 2

PLT2-403 is a two-bedroom apartment of 1,184 sqft on the 4th 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 3 November 2016 for AED 1,250,000, or AED 1,056 per sqft, 10% above the AED 962 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 75,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 16,500 a year.

Sales and rents for PLT2-403 over time

Sales
Unit PLT2-403, each saleTypical two-bed in Platinum Residences 2
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 1,101,026; 2016 AED 1,147,912; 2017 AED 1,126,824; 2018 AED 1,066,664; 2021 AED 750,000; 2022 AED 800,000; 2023 AED 845,000; 2024 AED 970,000; 2025 AED 1,100,000; 2026 AED 1,250,000Sold, November 2016: AED 1,250,000 (AED 1,056 per sqft)Sold by developer, November 2016: AED 1,165,983 (AED 985 per sqft)

PLT2-403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-403, each contractTypical two-bed in Platinum Residences 2
60K80K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 72,000; 2025 AED 83,000; 2026 AED 85,000New contract, April 2018: AED 78,000 a yearRenewal, April 2019: AED 78,000 a yearNew contract, August 2020: AED 53,000 a yearNew contract, September 2023: AED 75,000 a yearRenewal, September 2024: AED 75,000 a yearRenewal, September 2024: AED 75,000 a yearRenewal, September 2025: AED 75,000 a year

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 PLT2-403 sits

All 80 2-beds →

PLT2-403 last sold in November 2016 at AED 1,056 per sqft, 10% above what two-beds in Platinum Residences 2 were fetching at the time (AED 962). 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. PLT2-403's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20261,170,000
21 Aug 20261,150,000
23 Feb 20261,250,000
4 Feb 20261,310,000
5 2-bed sales in the last 12 months

Platinum Residences 2

Building

80 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%
Platinum Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 80 units in Platinum Residences 2
Value
PLT2-4012-bedAED 1.15M · Dec 2015
PLT2-4022-bedAED 1.11M · Apr 2018
PLT2-4042-bedAED 1.25M · Nov 2016
PLT2-4052-bedAED 1.07M · Jun 2015
PLT2-4062-bedAED 950K · Nov 2016
PLT2-4072-bedAED 1.19M · Nov 2016
PLT2-4082-bedAED 800K · Jun 2022
1–7 of 9

PLT2-403, Platinum Residences 2 in numbers

  • Sold twice: first on 1 November 2016 for AED 1,165,983, last on 3 November 2016 for AED 1,250,000 (AED 1,056 per sqft).
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 53,000 in 2020 and recovered to AED 75,000 by September 2025.
  • At AED 75,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 16,500 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 15 September 2025.

Questions about PLT2-403, Platinum Residences 2

What did unit PLT2-403 last sell for?

AED 1,250,000 on 3 November 2016: AED 1,056 per sqft for 1,184 sqft. The unit has 2 registered sales; the first was AED 1,165,983 in November 2016.

What is the rent for unit PLT2-403?

AED 75,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since April 2018.

How big is unit PLT2-403?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit PLT2-403 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 PLT2-403, Platinum Residences 2

Starts from the last sale price (AED 1.25M, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →