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DeveloperGGICOView developer profile
Platinum Residence 2
DeveloperGGICOView developer profileDLD Waiver
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Discount
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Handover
Q2 2016
Post Handover
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About Platinum Residence 2
Joint venture between GGICO and Orion Holding. This project features only 2 bedroom apartments.
Market Intelligence
Completed transactions in Platinum Residence 2
Median sale price/sqft
AED 782/sqft+7.4%
Median sale price
AED 970,000
Gross rental yield
6.7%
Median annual rent
AED 65,000
Transaction activity
LiquidityModeratePrice momentumRising
15 sales and 60 rentals in the last 12 months
Off-plan vs ready
Ready 100%
Primary vs resale
Resale 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-17 | Platinum Residence 2 | 2 | 1,201 sqft | AED 1,080,000 | 899 |
| 2024-12-17 | Platinum Residence 2 | 2 | 1,201 sqft | AED 1,080,000 | 899 |
| 2024-10-23 | Platinum Residence 2 | 2 | 1,184 sqft | AED 1,050,000 | 887 |
| 2024-09-02 | Platinum Residence 2 | 2 | 1,195 sqft | AED 1,025,000 | 858 |
| 2024-06-28 | Platinum Residence 2 | 2 | 1,196 sqft | AED 900,000 | 753 |
| 2024-06-10 | Platinum Residence 2 | 2 | 1,195 sqft | AED 970,000 | 812 |
Completed transactions in Al Jaddaf
Median sale price/sqft
AED 1,603/sqft+11.9%
Median sale price
AED 1,150,000
Gross rental yield
6%
Median annual rent
AED 69,000
Median price/sqft over time
Dec 23Range AED 1,379 – AED 2,183Dec 24
Community activity
LiquidityStrongPrice momentumRising
1,142 sales and 7,513 rentals in the last 12 months
Off-plan vs ready
Off-plan 67.4%Ready 32.6%
Primary vs resale
Primary 67.4%Resale 32.6%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Boutique 23 | — | 1,536 sqft | AED 3,268,597 | 2,128 |
| 2024-12-13 | Boutique 23 | — | 2,076 sqft | AED 4,407,858 | 2,124 |
| 2024-12-13 | Binghatti Ghost | 1 | 873 sqft | AED 1,100,000 | 1,260 |
| 2024-12-13 | Binghatti Ghost | 1 | 873 sqft | AED 1,100,000 | 1,260 |
| 2024-12-13 | Boutique 23 | 1 | 487 sqft | AED 740,645 | 1,522 |
| 2024-12-13 | Binghatti Ghost | 1 | 863 sqft | AED 1,300,000 | 1,506 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Platinum Residence 2
Our team will send you the complete payment schedule, floor plans and current offer from GGICO.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
Frequently asked questions about Platinum Residence 2
- What is the handover date for Platinum Residence 2?
- Platinum Residence 2 is scheduled for handover in Q2 2016.
- What is the starting price of Platinum Residence 2?
- Price is available on request. Contact our team for the current list.
- Who is the developer of Platinum Residence 2?
- Platinum Residence 2 is being developed by GGICO.
- Where is Platinum Residence 2 located?
- Platinum Residence 2 is located in .