PLT2-707, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-707, Platinum Residences 2
What is PLT2-707 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 7th of 8
- Parking
- G-79
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.12M · March 2016
- Building
- Platinum Residences 2
About PLT2-707, Platinum Residences 2
PLT2-707 is a two-bedroom apartment of 1,200 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 21 March 2016 for AED 1,116,749, or AED 930 per sqft, in line with the AED 931 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 May 2026, is AED 61,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-707 over time
PLT2-707 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 PLT2-707 sits
All 80 2-beds →PLT2-707 last sold in March 2016 at AED 930 per sqft, in line with what two-beds in Platinum Residences 2 were fetching at the time (AED 931). 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. PLT2-707's AED 61,000 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 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 | |
| PLT2-703 | 2-bed | 1,184 sqft | AED 1.15MAED 1,147,707 · Feb 2017February 2017 | 120,000 /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 | |
| PLT2-708 | 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 |
PLT2-707, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 21 March 2016 for AED 1,116,749, or AED 930 per sqft.
- Rented since March 2017 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 52,000 in 2021 and recovered to AED 61,000 by May 2026.
- At AED 61,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 16,700 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 May 2026.
Questions about PLT2-707, Platinum Residences 2
What did unit PLT2-707 last sell for?
AED 1,116,749 on 21 March 2016, sold by the developer: AED 930 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-707?
AED 61,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2021, was AED 52,000; the unit has been rented since March 2017.
How big is unit PLT2-707?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit PLT2-707 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 PLT2-707, Platinum Residences 2
Starts from the last sale price (AED 1.12M, 21 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,116,749
- Deposit, UAE resident (20%)
- AED 223,350
- Deposit, non-resident (40%)
- AED 446,700
- Monthly over 25 years at 3.7%
- AED 4,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →