Unit B1202, Plaza Residences 2: what it sold for and what it is worth now

Unit B1202 at Plaza Residences 2 is a studio of 400 sq ft. It last sold for AED 320,000 on 22 Mar 2023. At AED 1,000 per sq ft, from 12 sales of units ending 02 (same position in the tower), it is worth about AED 400,000 today.

Value todayAED 400,000AED 384,000 to AED 408,000
Last saleAED 320,00022 Mar 2023 · Resale
Change since last sale+25.0%Building trend alone: AED 466,805
Rent (median asking, studio)AED 44,999Gross yield 11.2%
Bedroomsstudio
Size400 sq ft
Floor12 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingPlaza Residences 2 by Cayan Group, handed over 2017
Registered sales of this unit1

Every registered sale of unit B1202

DatePriceSizeAED/sq ftType
22 Mar 2023AED 320,000400 sq ft800Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
C70217 Sep 2026AED 1,350,0001,324 sq ft1,020Resale
A90220 Jul 2026AED 1,322,6951,260 sq ft1,050Resale
A30220 Jul 2026AED 1,431,4121,363 sq ft1,050Resale
C20218 May 2026AED 1,350,0001,325 sq ft1,019Resale
C10227 Feb 2026AED 1,350,0001,385 sq ft975Resale
C30226 Jan 2026AED 1,190,0001,325 sq ft898Resale
B80225 Nov 2025AED 1,350,0001,380 sq ft978Resale
B9029 Oct 2025AED 1,260,0001,382 sq ft912Resale

Latest studio sales in Plaza Residences 2

UnitDatePriceSizeAED/sq ftType
A1061 Oct 2026AED 485,000402 sq ft1,206Resale
C1064 May 2026AED 423,000405 sq ft1,044Resale
A20624 Apr 2026AED 375,003402 sq ft933Resale
B21130 Mar 2026AED 550,000465 sq ft1,183Resale
CG0324 Mar 2026AED 530,000548 sq ft967Resale
AG0725 Dec 2025AED 600,000457 sq ft1,313Resale
A70525 Nov 2025AED 840,000422 sq ft1,991Resale
C7066 Nov 2025AED 500,000405 sq ft1,235Resale

How we worked out the value

We took the 12 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,000). We multiplied it by the size of this unit (400 sq ft). The range uses the middle half of those sales (AED 959 to AED 1,019 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 466,805. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Oct 2026, from the Dubai Land Department register.

Questions

What is unit B1202 at Plaza Residences 2 worth?

About AED 400,000 (range AED 384,000 to AED 408,000), based on AED 1,000 per sq ft from registered sales up to 1 Oct 2026.

When did unit B1202 last sell?

22 Mar 2023, for AED 320,000 (resale). It has 1 registered sale.

What rent can unit B1202 make?

A studio in Plaza Residences 2 rents for about AED 44,999 a year (median asking rent). That is a gross yield of 11.2% on the estimate.

Sales alert for Plaza Residences 2All sales in Plaza Residences 2

Unit B1201 · Unit B1203