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Sold for AED 1,250,000: 2-Bedroom Apartment in Platinum Residence 2

Located in Dubai Silicon Oasis, Dubai. Its price per sqft is +1% vs the Platinum Residence 2 median (AED 1,028/sqft).

Sale price

AED 1,250,000

Per sqft
AED 1,040
Registered
5 Jan 2026, 13:53 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Platinum Residence 2: same layout, exact size (1,201 sqft) and parking bay G-77. The registry has no unit numbers, so records are matched on these details.

  1. 5 Jan 2026This sale

    1,201 sqft · AED 1,040/sqft · Ready

    First recordAED 1,250,000
  2. 5 Jan 2026Mortgage

    Same day as previous · 1,201 sqft · AED 733/sqft · Ready

    30%lower than the previous recordAED 880,000
Records
2
Registered
Same day
as the mortgage, 5 Jan 2026
Loan to value
70%
AED 880K mortgage on the AED 1.25M sale

02 / The property

Property details

Size
1,201 sqft · 111.61 m²
Bedrooms
2 BR
Registered as
Sell Development
Property sub-type
Flat
Usage
Residential
Tenure
Non-freehold
Parking
G-77
Nearest landmark
IMG World Adventures

03 / Comparables

All sales in Platinum Residence 2 (5 Jan 2026 – 14 Sept 2026)

6 market sales. Percentages compare each sale with this one.

Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
14 Sept 20261.17M−6% vs selected1,015−2% vs selected
21 Aug 20261.15M−8% vs selected972−7% vs selected
31 Jul 20261.33M+6% vs selected961−8% vs selected
23 Feb 20261.25M0% vs selected1,0400% vs selected
4 Feb 20261.31M+5% vs selected1,090+5% vs selected
2 BR · 1,201 sqftReadySelected sale
5 Jan 20261.25M1,040

04 / Renting it out

What similar apartments rent for

Median of 6 market rents of apartments of 1,021–1,382 sq ft in Dubai Silicon Oasis. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 68,103
Per sqft / yr
AED 54/sqft
Gross yield
5.4%