PLT2-809, Platinum Residences 2
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PLT2-809, Platinum Residences 2
What is PLT2-809 worth today?
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Source: Dubai Land Department. Updated 1 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 8th of 8
- Parking
- G-56
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.16M · January 2016
- Building
- Platinum Residences 2
About PLT2-809, Platinum Residences 2
PLT2-809 is a two-bedroom apartment of 1,196 sqft on the 8th 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 14 January 2016 for AED 1,163,365, or AED 972 per sqft, 4% above the AED 931 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 55,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 16,700 a year.
Sales and rents for PLT2-809 over time
PLT2-809 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 PLT2-809 sits
All 80 2-beds →PLT2-809 last sold in January 2016 at AED 972 per sqft, 4% above 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. PLT2-809's AED 55,000 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 8th floor
All 80 units in Platinum Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| PLT2-801 | 2-bed | 1,153 sqft | AED 1.17MAED 1,170,000 · Sep 2026September 2026 | 66,000 /yr | |
| PLT2-802 | 2-bed | 1,146 sqft | AED 1.19MAED 1,188,110 · Oct 2015October 2015 | 71,000 /yr | |
| PLT2-803 | 2-bed | 1,184 sqft | AED 1.15MAED 1,152,119 · Aug 2017August 2017 | 71,400 /yr | |
| PLT2-804 | 2-bed | 1,195 sqft | AED 1.14MAED 1,144,292 · Sep 2017September 2017 | 94,000 /yr | |
| PLT2-805 | 2-bed | 1,201 sqft | AED 1.09MAED 1,086,299 · Nov 2017November 2017 | 85,000 /yr | |
| PLT2-806 | 2-bed | 1,201 sqft | AED 358KAED 357,500 · Jan 2021January 2021 | 90,000 /yr | |
| PLT2-807 | 2-bed | 1,200 sqft | AED 1.06MAED 1,061,049 · Apr 2018April 2018 | ||
| PLT2-808 | 2-bed | 1,378 sqft | AED 1.27MAED 1,265,000 · Mar 2025March 2025 | ||
| PLT2-810 | 2-bed | 1,195 sqft | AED 1.03MAED 1,025,000 · Sep 2024September 2024 | 67,000 /yr |
PLT2-809, Platinum Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 14 January 2016 for AED 1,163,365, or AED 972 per sqft.
- Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 30,000 in 2019 and recovered to AED 55,000 by December 2023.
- At AED 55,000 a year the gross yield on the 2016 price is 4.7%, 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 December 2023.
Questions about PLT2-809, Platinum Residences 2
What did unit PLT2-809 last sell for?
AED 1,163,365 on 14 January 2016, sold by the developer: AED 972 per sqft for 1,196 sqft. It is the only registered sale of the unit.
What is the rent for unit PLT2-809?
AED 55,000 a year on the contract signed on 1 December 2023. The previous contract, from April 2021, was AED 65,000; the unit has been rented since February 2018.
How big is unit PLT2-809?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit PLT2-809 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 PLT2-809, Platinum Residences 2
Starts from the last sale price (AED 1.16M, 14 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,163,365
- Deposit, UAE resident (20%)
- AED 232,673
- Deposit, non-resident (40%)
- AED 465,346
- Monthly over 25 years at 3.7%
- AED 4,760
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →