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Platinum Residence 2 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 80 registered units. 134 sales are registered with the Dubai Land Department, at a current PIX© price of AED 987 per sqft. At AED 987 per sqft, Platinum Residence 2 prices 26% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
2 Bed 1,146 – 1,747 sqft | 80 | 0 | 0 | 0.0% | 0 | 0.0% |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Silicon Oasis
The closest-priced registered projects in Silicon Oasis.
- Altia ResidenceAED 986/sqft
- Axis SilverAED 997/sqft
- Topaz Residences 1AED 1,000/sqft
- Selicon Star 2AED 1,003/sqft
- Ruby ResidenceAED 968/sqft
- Khansaheb 1AED 1,007/sqft
Common questions about Platinum Residence 2
Answered from Dubai Land Department registered transactions.
How much does a property in Platinum Residence 2 cost?
Property in Platinum Residence 2 sells at a current PIX© price of AED 987 per sqft, or about AED 1,312,931 for a typical unit, based on 134 sales registered with the Dubai Land Department.
Is Platinum Residence 2 completed?
Yes. Platinum Residence 2 is recorded as completed in the Dubai Land Department project register (completed q2 2016).
Who is the developer of Platinum Residence 2?
Platinum Residence 2 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Platinum Residence 2?
Platinum Residence 2 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 406 registered Ejari contracts.
How many units are in Platinum Residence 2?
Platinum Residence 2 holds 80 registered units, per the Dubai Land Department unit register.
Have prices in Platinum Residence 2 gone up or down?
Price per sqft has risen +7.5% over the last 12 months, to AED 987, across 134 registered sales.