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

PLT2-606, Platinum Residences 2

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-606 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 790K20 May 2022
Current rentAED 52K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-606, Platinum Residences 2

What is PLT2-606 worth today?

Last sold for AED 790,000 in 2022

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20 May 2022SoldReady
AED 790,000AED 657 per sqft
20 Mar 2021RentedNew contract
AED 52,000/yr12 months · AED 43 per sqft
20 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
1 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
2 Oct 2017Sold by developerReady
AED 1,077,177AED 896 per sqft
1 Oct 2016RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 20 May 2022.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
6th of 8
Parking
G-125
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,800 /yr
Last sold
AED 790K · May 2022

About PLT2-606, Platinum Residences 2

PLT2-606 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. It last sold on 20 May 2022 for AED 790,000, or AED 657 per sqft, 5% above the AED 624 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 20 March 2021, is AED 52,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 16,800 a year.

Sales and rents for PLT2-606 over time

Sales
Unit PLT2-606, 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, October 2017: AED 1,077,177 (AED 896 per sqft)Sold, May 2022: AED 790,000 (AED 657 per sqft)

PLT2-606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-606, each contractTypical two-bed in Platinum Residences 2
50K75K100K2016201920222025Typical 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, October 2016: AED 100,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, March 2021: AED 52,000 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 PLT2-606 sits

All 80 2-beds →

PLT2-606 last sold in May 2022 at AED 657 per sqft, 5% above 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. PLT2-606's AED 52,000 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 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
PLT2-6052-bedAED 750K · Sep 2021
PLT2-6072-bedAED 750K · Jun 2021
PLT2-6082-bedAED 1.26M · May 2015
1–7 of 9

PLT2-606, Platinum Residences 2 in numbers

  • Sold twice: first on 2 October 2017 for AED 1,077,177, last on 20 May 2022 for AED 790,000 (AED 657 per sqft).
  • Rented since October 2016 on 4 Ejari contracts, from AED 100,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 6.6%, 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 20 May 2022.

Questions about PLT2-606, Platinum Residences 2

What did unit PLT2-606 last sell for?

AED 790,000 on 20 May 2022: AED 657 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 1,077,177 in October 2017.

What is the rent for unit PLT2-606?

AED 52,000 a year on the contract signed on 20 March 2021. The previous contract, from March 2019, was AED 70,000; the unit has been rented since October 2016.

How big is unit PLT2-606?

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 PLT2-606 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 PLT2-606, Platinum Residences 2

Starts from the last sale price (AED 790K, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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