Unit CG04, Plaza Residences 2: what it sold for and what it is worth now

Unit CG04 at Plaza Residences 2 is a studio of 500 sq ft. It last sold for AED 380,000 on 30 Oct 2023. At AED 1,195 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 597,000 today.

Value todayAED 597,000AED 513,000 to AED 627,000
Last saleAED 380,00030 Oct 2023 · Resale
Change since last sale+57.1%Building trend alone: AED 465,037
Rent (median asking, studio)AED 44,999Gross yield 7.5%
Bedroomsstudio
Size500 sq ft
BuildingPlaza Residences 2 by Cayan Group, handed over 2017
Registered sales of this unit2

Every registered sale of unit CG04

DatePriceSizeAED/sq ftType
30 Oct 2023AED 380,000500 sq ft760Resale
11 Jul 2023AED 320,000500 sq ft640Resale

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 8 sales in Plaza Residences 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,195). We multiplied it by the size of this unit (500 sq ft). The range uses the middle half of those sales (AED 1,025 to AED 1,254 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 465,037. 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 CG04 at Plaza Residences 2 worth?

About AED 597,000 (range AED 513,000 to AED 627,000), based on AED 1,195 per sq ft from registered sales up to 1 Oct 2026.

When did unit CG04 last sell?

30 Oct 2023, for AED 380,000 (resale). It has 2 registered sales.

What rent can unit CG04 make?

A studio in Plaza Residences 2 rents for about AED 44,999 a year (median asking rent). That is a gross yield of 7.5% on the estimate.

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

Unit CG03 · Unit CG05