PLT2-405, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-405, Platinum Residences 2
What is PLT2-405 worth today?
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Source: Dubai Land Department. Updated 9 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 4th of 8
- Parking
- G-28, G-29
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.07M · June 2015
- Building
- Platinum Residences 2
About PLT2-405, Platinum Residences 2
PLT2-405 is a two-bedroom apartment of 1,201 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. The developer sold it on 17 June 2015 for AED 1,068,559, or AED 889 per sqft, in line with the AED 909 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 9 October 2026, is AED 73,469 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 16,800 a year.
Sales and rents for PLT2-405 over time
PLT2-405 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 PLT2-405 sits
All 80 2-beds →PLT2-405 last sold in June 2015 at AED 889 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 909). 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. PLT2-405's AED 73,469 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 4th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-401 | 2-bed | 1,153 sqft | AED 1.15MAED 1,149,268 · Dec 2015December 2015 | ||
| PLT2-402 | 2-bed | 1,146 sqft | AED 1.11MAED 1,110,930 · Apr 2018April 2018 | 60,000 /yr | |
| PLT2-403 | 2-bed | 1,184 sqft | AED 1.25MAED 1,250,000 · Nov 2016November 2016 | 75,000 /yr | |
| PLT2-404 | 2-bed | 1,195 sqft | AED 1.25MAED 1,250,000 · Nov 2016November 2016 | 70,000 /yr | |
| PLT2-406 | 2-bed | 1,201 sqft | AED 950KAED 949,594 · Nov 2016November 2016 | ||
| PLT2-407 | 2-bed | 1,200 sqft | AED 1.19MAED 1,186,011 · Nov 2016November 2016 | 88,000 /yr | |
| PLT2-408 | 2-bed | 1,378 sqft | AED 800KAED 800,000 · Jun 2022June 2022 | 55,000 /yr | |
| PLT2-409 | 2-bed | 1,196 sqft | AED 1.19MAED 1,191,635 · Oct 2017October 2017 | 85,000 /yr | |
| PLT2-410 | 2-bed | 1,195 sqft | AED 1.15MAED 1,145,824 · May 2016May 2016 | 87,000 /yr |
PLT2-405, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 17 June 2015 for AED 1,068,559, or AED 889 per sqft.
- Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 67,000 to AED 52,853 in 2020 and recovered to AED 73,469 by October 2026.
- At AED 73,469 a year the gross yield on the 2015 price is 6.9%, 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 9 October 2026.
Questions about PLT2-405, Platinum Residences 2
What did unit PLT2-405 last sell for?
AED 1,068,559 on 17 June 2015, sold by the developer: AED 889 per sqft for 1,201 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-405?
AED 73,469 a year on the contract signed on 9 October 2026. The previous contract, from November 2025, was AED 86,000; the unit has been rented since November 2019.
How big is unit PLT2-405?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit PLT2-405 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 PLT2-405, Platinum Residences 2
Starts from the last sale price (AED 1.07M, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,068,559
- Deposit, UAE resident (20%)
- AED 213,712
- Deposit, non-resident (40%)
- AED 427,424
- Monthly over 25 years at 3.7%
- AED 4,372
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →