Studio · 351 sqftPeninsula One, Business Bay · 10th floor · completed 2024

1008, Peninsula One

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 29 December 2022
Last soldAED 975K29 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Peninsula One

What is 1008 worth today?

Last sold for AED 975,000 in 2022

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29 Dec 2022SoldOff-plan
AED 975,000AED 2,780 per sqft
21 Mar 2022Sold by developerOff-plan
AED 732,800AED 1,723 per sqft

Source: Dubai Land Department. Updated 29 December 2022.

Key facts

Type
Studio apartment
Size
351 sqft
Floor
10th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 975K · December 2022

About 1008, Peninsula One

1008 is a studio of 351 sqft on the 10th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 29 December 2022 for AED 975,000, or AED 2,780 per sqft, 49% above the AED 1,862 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Peninsula One
800K1M1.2M20222023202420252026Typical sale price by year: 2022 AED 763,725; 2023 AED 900,000; 2024 AED 1,050,000; 2025 AED 1,150,000Sold by developer, March 2022: AED 732,800 (AED 1,723 per sqft)Sold, December 2022: AED 975,000 (AED 2,780 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Peninsula One
88K89K89K202520262027Typical rent by year: 2025 AED 88,000; 2026 AED 89,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula One, and where 1008 sits

All 170 studios →

1008 last sold in December 2022 at AED 2,780 per sqft, 49% above what studios in Peninsula One were fetching at the time (AED 1,862). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,133 per sqft, and rent for AED 75,000 to 130,000 a year.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 20261,360,000
30 Jan 20261,290,000
29 Dec 20251,270,000
23 Dec 2025900,000
7 studio sales in the last 12 months

Peninsula One

Building

518 apartments, studios to 3-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 38 sold in the last 12 months.

Typical price per sqft
AED 2,758 Up 2.9%
Typical sale
AED 1.98M
Typical rent
AED 116K /yr
Typical yield
6.9%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 518 units in Peninsula One
Value
10011-bedAED 1.55M · Feb 2023
10022-bedAED 1.95M · Apr 2023
1003StudioAED 785K · Sep 2022
1004AED 1.73M · Oct 2025
10052-bedAED 1.53M · Mar 2022
10061-bedAED 1.22M · Sep 2022
1007StudioAED 719K · Mar 2022
1–7 of 13

1008, Peninsula One in numbers

  • Sold twice: first on 21 March 2022 for AED 732,800, last on 29 December 2022 for AED 975,000 (AED 2,780 per sqft).
  • Studios in Peninsula One sold for AED 900,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 2,758 per sqft.

Source: Dubai Land Department. Updated 29 December 2022.

Questions about 1008, Peninsula One

What did unit 1008 last sell for?

AED 975,000 on 29 December 2022: AED 2,780 per sqft for 351 sqft. The unit has 2 registered sales; the first was AED 732,800 in March 2022.

How big is unit 1008?

351 sqft (32.6 sqm): a studio on the 10th floor of a 35-storey tower completed in 2024.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,133 per sqft.

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Mortgage on 1008, Peninsula One

Starts from the last sale price (AED 975K, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →