2-bed · 1,201 sqftPlatinum Residences 2, Dubai Silicon Oasis · 7th floor · completed 2015

PLT2-706, Platinum Residences 2

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-706 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 1.25M5 January 2026
Current rentAED 65K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-706, Platinum Residences 2

What is PLT2-706 worth today?

Last sold for AED 1,250,000 in 2026

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5 Jan 2026SoldReady
AED 1,250,000AED 1,040 per sqft
3 Jul 2025SoldReady
AED 1,025,000AED 853 per sqft
1 Dec 2024RentedRenewal
AED 65,000/yr12 months · AED 54 per sqft
1 Dec 2024RentedRenewal
AED 65,000/yr12 months · AED 54 per sqft
1 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
20 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
17 Jun 2015Sold by developerOff-plan
AED 1,087,628AED 905 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
7th of 8
Parking
G-77
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,800 /yr
Last sold
AED 1.25M · January 2026

About PLT2-706, Platinum Residences 2

PLT2-706 is a two-bedroom apartment of 1,201 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. It last sold on 5 January 2026 for AED 1,250,000, or AED 1,040 per sqft, 13% above the AED 920 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 65,000 a year: a gross yield of 5.2% on the 2026 price, before the service charge of about AED 16,800 a year.

Sales and rents for PLT2-706 over time

Sales
Unit PLT2-706, 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, June 2015: AED 1,087,628 (AED 905 per sqft)Sold, July 2025: AED 1,025,000 (AED 853 per sqft)Sold, January 2026: AED 1,250,000 (AED 1,040 per sqft)

PLT2-706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-706, 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, August 2016: AED 85,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, December 2024: AED 65,000 a yearRenewal, December 2024: AED 65,000 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 PLT2-706 sits

All 80 2-beds →

PLT2-706 last sold in January 2026 at AED 1,040 per sqft, 13% above what two-beds in Platinum Residences 2 were fetching at the time (AED 920). 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. PLT2-706's AED 65,000 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 7th floor

All 80 units in Platinum Residences 2
Value
PLT2-7012-bedAED 840K · Dec 2023
PLT2-7022-bedAED 1.16M · Jun 2018
PLT2-7032-bedAED 1.15M · Feb 2017
PLT2-7042-bedAED 1.14M · Jan 2017
PLT2-7052-bedAED 1.31M · Feb 2026
PLT2-7072-bedAED 1.12M · Mar 2016
PLT2-7082-bedAED 1.25M · Oct 2016
1–7 of 9

PLT2-706, Platinum Residences 2 in numbers

  • Sold 3 times: first on 17 June 2015 for AED 1,087,628, last on 5 January 2026 for AED 1,250,000 (AED 1,040 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 85,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2026 price is 5.2%, 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 5 January 2026.

Questions about PLT2-706, Platinum Residences 2

What did unit PLT2-706 last sell for?

AED 1,250,000 on 5 January 2026: AED 1,040 per sqft for 1,201 sqft. The unit has 3 registered sales; the first was AED 1,087,628 in June 2015.

What is the rent for unit PLT2-706?

AED 65,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 65,000; the unit has been rented since August 2016.

How big is unit PLT2-706?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit PLT2-706 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 PLT2-706, Platinum Residences 2

Starts from the last sale price (AED 1.25M, 5 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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