2-bed · 1,195 sqftPlatinum Residences 2, Dubai Silicon Oasis · 4th floor · completed 2015

PLT2-410, Platinum Residences 2

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

Unit PLT2-410 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 1.15M24 May 2016
Current rentAED 87K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-410, Platinum Residences 2

What is PLT2-410 worth today?

Last sold for AED 1,145,824 in 2016

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5 May 2025RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
5 May 2025RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
1 Feb 2025RentedRenewal
AED 63,804/yr4 months · AED 53 per sqft
1 Feb 2025RentedRenewal
AED 63,804/yr4 months · AED 53 per sqft
1 Feb 2024RentedRenewal
AED 58,000/yr12 months · AED 49 per sqft
1 Feb 2023RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
1 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
4th of 8
Parking
G-50
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,700 /yr
Last sold
AED 1.15M · May 2016

About PLT2-410, Platinum Residences 2

PLT2-410 is a two-bedroom apartment of 1,195 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 24 May 2016 for AED 1,145,824, or AED 958 per sqft, in line with the AED 931 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 5 May 2025, is AED 87,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 16,700 a year.

Sales and rents for PLT2-410 over time

Sales
Unit PLT2-410, 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 by developer, May 2016: AED 1,145,824 (AED 958 per sqft)

PLT2-410 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-410, 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, September 2018: AED 75,000 a yearNew contract, February 2021: AED 50,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 55,000 a yearRenewal, February 2024: AED 58,000 a yearRenewal, February 2025: AED 63,804 a yearRenewal, February 2025: AED 63,804 a yearNew contract, May 2025: AED 87,000 a yearNew contract, May 2025: AED 87,000 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 PLT2-410 sits

All 80 2-beds →

PLT2-410 last sold in May 2016 at AED 958 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 931). 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. PLT2-410's AED 87,000 is in the upper 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
PLT2-4032-bedAED 1.25M · Nov 2016
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
1–7 of 9

PLT2-410, Platinum Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 24 May 2016 for AED 1,145,824, or AED 958 per sqft.
  • Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 87,000 by May 2025.
  • At AED 87,000 a year the gross yield on the 2016 price is 7.6%, 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 5 May 2025.

Questions about PLT2-410, Platinum Residences 2

What did unit PLT2-410 last sell for?

AED 1,145,824 on 24 May 2016, sold by the developer: AED 958 per sqft for 1,195 sqft. It is the only registered sale of the unit.

What is the rent for unit PLT2-410?

AED 87,000 a year on the contract signed on 5 May 2025. The previous contract, from May 2025, was AED 87,000; the unit has been rented since September 2018.

How big is unit PLT2-410?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit PLT2-410 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 PLT2-410, Platinum Residences 2

Starts from the last sale price (AED 1.15M, 24 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,145,824
Deposit, UAE resident (20%)
AED 229,165
Deposit, non-resident (40%)
AED 458,330
Monthly over 25 years at 3.7%
AED 4,688

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