2-bed · 1,195 sqftPlatinum Residences 2, Dubai Silicon Oasis · 8th floor · completed 2015

PLT2-810, Platinum Residences 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PLT2-810 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 1.03M2 September 2024
Current rentAED 67K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PLT2-810, Platinum Residences 2

What is PLT2-810 worth today?

Last sold for AED 1,025,000 in 2024

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2 Sep 2024SoldReady
AED 1,025,000AED 857 per sqft
5 Dec 2023RentedRenewal
AED 67,000/yr12 months · AED 56 per sqft
5 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
5 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
27 Aug 2019RentedRenewal
AED 76,000/yr12 months · AED 64 per sqft
27 Aug 2018RentedRenewal
AED 86,000/yr12 months · AED 72 per sqft
27 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
6 Dec 2016Sold by developerReady
AED 1,151,027AED 963 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
8th of 8
Parking
G-33
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 16,700 /yr
Last sold
AED 1.03M · September 2024

About PLT2-810, Platinum Residences 2

PLT2-810 is a two-bedroom apartment of 1,195 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. It last sold on 2 September 2024 for AED 1,025,000, or AED 857 per sqft, 15% above the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 December 2023, is AED 67,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 16,700 a year.

Sales and rents for PLT2-810 over time

Sales
Unit PLT2-810, 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, December 2016: AED 1,151,027 (AED 963 per sqft)Sold, September 2024: AED 1,025,000 (AED 857 per sqft)

PLT2-810 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit PLT2-810, 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 89,000 a yearNew contract, August 2017: AED 90,000 a yearRenewal, August 2018: AED 86,000 a yearRenewal, August 2019: AED 76,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, December 2022: AED 65,000 a yearRenewal, December 2023: AED 67,000 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 PLT2-810 sits

All 80 2-beds →

PLT2-810 last sold in September 2024 at AED 857 per sqft, 15% above what two-beds in Platinum Residences 2 were fetching at the time (AED 744). 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. PLT2-810's AED 67,000 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 8th floor

All 80 units in Platinum Residences 2
Value
PLT2-8012-bedAED 1.17M · Sep 2026
PLT2-8022-bedAED 1.19M · Oct 2015
PLT2-8032-bedAED 1.15M · Aug 2017
PLT2-8042-bedAED 1.14M · Sep 2017
PLT2-8052-bedAED 1.09M · Nov 2017
PLT2-8062-bedAED 358K · Jan 2021
PLT2-8072-bedAED 1.06M · Apr 2018
1–7 of 9

PLT2-810, Platinum Residences 2 in numbers

  • Sold twice: first on 6 December 2016 for AED 1,151,027, last on 2 September 2024 for AED 1,025,000 (AED 857 per sqft).
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 89,000 to AED 55,000 in 2020 and recovered to AED 67,000 by December 2023.
  • At AED 67,000 a year the gross yield on the 2024 price is 6.5%, 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 2 September 2024.

Questions about PLT2-810, Platinum Residences 2

What did unit PLT2-810 last sell for?

AED 1,025,000 on 2 September 2024: AED 857 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 1,151,027 in December 2016.

What is the rent for unit PLT2-810?

AED 67,000 a year on the contract renewed on 5 December 2023. The previous contract, from December 2022, was AED 65,000; the unit has been rented since August 2016.

How big is unit PLT2-810?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit PLT2-810 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 PLT2-810, Platinum Residences 2

Starts from the last sale price (AED 1.03M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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