PLT2-602, Platinum Residences 2
Sold prices and rental history: sold twice, last in February 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-602, Platinum Residences 2
What is PLT2-602 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,146 sqft
- Floor
- 6th of 8
- Parking
- G-46
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 850K · February 2023
- Building
- Platinum Residences 2
About PLT2-602, Platinum Residences 2
PLT2-602 is a two-bedroom apartment of 1,146 sqft on the 6th 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 16 February 2023 for AED 850,000, or AED 741 per sqft, 7% above the AED 695 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 56,350 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 16,000 a year.
Sales and rents for PLT2-602 over time
PLT2-602 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 PLT2-602 sits
All 80 2-beds →PLT2-602 last sold in February 2023 at AED 741 per sqft, 7% above what two-beds in Platinum Residences 2 were fetching at the time (AED 695). 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. PLT2-602's AED 56,350 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 6th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-601 | 2-bed | 1,153 sqft | AED 1.07MAED 1,065,000 · Feb 2025February 2025 | 90,000 /yr | |
| PLT2-603 | 2-bed | 1,183 sqft | AED 890KAED 890,000 · Dec 2022December 2022 | ||
| PLT2-604 | 2-bed | 1,195 sqft | AED 1.4MAED 1,400,000 · May 2025May 2025 | 70,000 /yr | |
| PLT2-605 | 2-bed | 1,201 sqft | AED 750KAED 750,000 · Sep 2021September 2021 | 50,000 /yr | |
| PLT2-606 | 2-bed | 1,201 sqft | AED 790KAED 790,000 · May 2022May 2022 | 52,000 /yr | |
| PLT2-607 | 2-bed | 1,200 sqft | AED 750KAED 750,000 · Jun 2021June 2021 | 52,000 /yr | |
| PLT2-608 | 2-bed | 1,378 sqft | AED 1.26MAED 1,263,975 · May 2015May 2015 | ||
| PLT2-609 | 2-bed | 1,196 sqft | AED 583KAED 583,089 · Aug 2017August 2017 | ||
| PLT2-610 | 2-bed | 1,195 sqft | AED 1.15MAED 1,150,000 · Apr 2025April 2025 | 80,000 /yr |
PLT2-602, Platinum Residences 2 in numbers
- Sold twice: first on 19 May 2015 for AED 1,100,000, last on 16 February 2023 for AED 850,000 (AED 741 per sqft).
- Rented since April 2021 on 3 Ejari contracts, from AED 48,000 to AED 56,350 a year.
- At AED 56,350 a year the gross yield on the 2023 price is 6.6%, 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 1 April 2023.
Questions about PLT2-602, Platinum Residences 2
What did unit PLT2-602 last sell for?
AED 850,000 on 16 February 2023: AED 741 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in May 2015.
What is the rent for unit PLT2-602?
AED 56,350 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 49,000; the unit has been rented since April 2021.
How big is unit PLT2-602?
1,146 sqft (106.5 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit PLT2-602 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 PLT2-602, Platinum Residences 2
Starts from the last sale price (AED 850K, 16 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →