PLT2-703, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-703, Platinum Residences 2
What is PLT2-703 worth today?
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Source: Dubai Land Department. Updated 20 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,184 sqft
- Floor
- 7th of 8
- Parking
- G-15
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.15M · February 2017
- Building
- Platinum Residences 2
About PLT2-703, Platinum Residences 2
PLT2-703 is a two-bedroom apartment of 1,184 sqft on the 7th 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 8 February 2017 for AED 1,147,707, or AED 969 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 November 2025, is AED 120,000 a year: a gross yield of 10.5% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for PLT2-703 over time
PLT2-703 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 PLT2-703 sits
All 80 2-beds →PLT2-703 last sold in February 2017 at AED 969 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 956). 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. PLT2-703's AED 120,000 is at the top 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 7th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-701 | 2-bed | 1,153 sqft | AED 840KAED 840,000 · Dec 2023December 2023 | 68,000 /yr | |
| PLT2-702 | 2-bed | 1,146 sqft | AED 1.16MAED 1,155,563 · Jun 2018June 2018 | 85,000 /yr | |
| PLT2-704 | 2-bed | 1,195 sqft | AED 1.14MAED 1,139,808 · Jan 2017January 2017 | ||
| PLT2-705 | 2-bed | 1,201 sqft | AED 1.31MAED 1,310,000 · Feb 2026February 2026 | 57,750 /yr | |
| PLT2-706 | 2-bed | 1,201 sqft | AED 1.25MAED 1,250,000 · Jan 2026January 2026 | 65,000 /yr | |
| PLT2-707 | 2-bed | 1,200 sqft | AED 1.12MAED 1,116,749 · Mar 2016March 2016 | 61,000 /yr | |
| PLT2-708 | 2-bed | 1,378 sqft | AED 1.25MAED 1,246,096 · Oct 2016October 2016 | ||
| PLT2-709 | 2-bed | 1,196 sqft | AED 900KAED 900,000 · Jun 2024June 2024 | 65,000 /yr | |
| PLT2-710 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · May 2024May 2024 | 83,000 /yr |
PLT2-703, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 8 February 2017 for AED 1,147,707, or AED 969 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 46,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2017 price is 10.5%, before a service charge of about AED 16,500 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 November 2025.
Questions about PLT2-703, Platinum Residences 2
What did unit PLT2-703 last sell for?
AED 1,147,707 on 8 February 2017, sold by the developer: AED 969 per sqft for 1,184 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-703?
AED 120,000 a year on the contract signed on 20 November 2025. The previous contract, from November 2025, was AED 61,000; the unit has been rented since October 2020.
How big is unit PLT2-703?
1,184 sqft (110.0 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit PLT2-703 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 PLT2-703, Platinum Residences 2
Starts from the last sale price (AED 1.15M, 8 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,147,707
- Deposit, UAE resident (20%)
- AED 229,541
- Deposit, non-resident (40%)
- AED 459,083
- Monthly over 25 years at 3.7%
- AED 4,696
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →