2-bed · 1,201 sqftPlatinum Residences 2, Dubai Silicon Oasis · 6th floor · completed 2015

PLT2-605, Platinum Residences 2

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-605 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 750K1 September 2021
Current rentAED 50K /yr25 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-605, Platinum Residences 2

What is PLT2-605 worth today?

Last sold for AED 750,000 in 2021

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1 Sep 2021Sold by developerReady
AED 750,000AED 624 per sqft
25 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
1 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
6th of 8
Parking
G-126
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,800 /yr
Last sold
AED 750K · September 2021

About PLT2-605, Platinum Residences 2

PLT2-605 is a two-bedroom apartment of 1,201 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. The developer sold it on 1 September 2021 for AED 750,000, or AED 624 per sqft, in line with the AED 624 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 25 January 2021, is AED 50,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 16,800 a year.

Sales and rents for PLT2-605 over time

Sales
Unit PLT2-605, 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, September 2021: AED 750,000 (AED 624 per sqft)

PLT2-605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-605, 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, December 2019: AED 65,000 a yearNew contract, January 2021: AED 50,000 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 PLT2-605 sits

All 80 2-beds →

PLT2-605 last sold in September 2021 at AED 624 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 624). 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. PLT2-605's AED 50,000 is at the bottom 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 6th floor

All 80 units in Platinum Residences 2
Value
PLT2-6012-bedAED 1.07M · Feb 2025
PLT2-6022-bedAED 850K · Feb 2023
PLT2-6032-bedAED 890K · Dec 2022
PLT2-6042-bedAED 1.4M · May 2025
PLT2-6062-bedAED 790K · May 2022
PLT2-6072-bedAED 750K · Jun 2021
PLT2-6082-bedAED 1.26M · May 2015
1–7 of 9

PLT2-605, Platinum Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 1 September 2021 for AED 750,000, or AED 624 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 65,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 6.7%, 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 1 September 2021.

Questions about PLT2-605, Platinum Residences 2

What did unit PLT2-605 last sell for?

AED 750,000 on 1 September 2021, sold by the developer: AED 624 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit PLT2-605?

AED 50,000 a year on the contract signed on 25 January 2021. The previous contract, from December 2019, was AED 65,000.

How big is unit PLT2-605?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit PLT2-605 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 PLT2-605, Platinum Residences 2

Starts from the last sale price (AED 750K, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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