1-bed · 632 sqftPeninsula One, Business Bay · 12th floor · completed 2024

1204, Peninsula One

Sold prices and rental history: sold twice, last in December 2025, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 1.65M16 December 2025
Current rentAED 140K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Peninsula One

What is 1204 worth today?

Last sold for AED 1,650,000 in 2025

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23 Jan 2026RentedNew contract
AED 140,000/yr12 months · AED 221 per sqft
16 Dec 2025SoldReady
AED 1,650,000AED 2,610 per sqft
25 Jan 2022Sold by developerOff-plan
AED 1,026,144AED 1,624 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.65M · December 2025

About 1204, Peninsula One

1204 is a one-bedroom apartment of 632 sqft on the 12th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 16 December 2025 for AED 1,650,000, or AED 2,610 per sqft, in line with the AED 2,636 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 January 2026. The current contract, signed on 23 January 2026, is AED 140,000 a year: a gross yield of 8.5% on the 2025 price.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical sale price by year: 2022 AED 1,168,300; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,650,000; 2026 AED 1,782,500Sold by developer, January 2022: AED 1,026,144 (AED 1,624 per sqft)Sold, December 2025: AED 1,650,000 (AED 2,610 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Peninsula One
120K140K202520262027Typical rent by year: 2025 AED 115,000; 2026 AED 135,000New contract, January 2026: AED 140,000 a year

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

1-beds in Peninsula One, and where 1204 sits

All 167 1-beds →

1204 last sold in December 2025 at AED 2,610 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 2,636). Over the last 12 months one-beds sold for AED 1,650,000 to 3,365,000, around AED 2,822 per sqft, and rent for AED 100,000 to 195,000 a year. 1204's AED 140,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 20261,850,000
13 Jan 20261,825,000
7 Jan 20261,740,000
7 Jan 20261,700,000
14 1-bed 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 12th floor

All 518 units in Peninsula One
Value
12011-bedAED 895K · Jul 2022
12022-bedAED 1.63M · Feb 2022
1203StudioAED 850K · Mar 2023
12052-bedAED 2.17M · Dec 2024
12061-bedAED 1.52M · May 2024
1207StudioAED 758K · Feb 2022
1208StudioAED 1.07M · Dec 2024
1–7 of 13

1204, Peninsula One in numbers

  • Sold twice: first on 25 January 2022 for AED 1,026,144, last on 16 December 2025 for AED 1,650,000 (AED 2,610 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 8.5%.
  • One-beds in Peninsula One sold for AED 1,650,000–3,365,000 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 23 January 2026.

Questions about 1204, Peninsula One

What did unit 1204 last sell for?

AED 1,650,000 on 16 December 2025: AED 2,610 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 1,026,144 in January 2022.

What is the rent for unit 1204?

AED 140,000 a year on the contract signed on 23 January 2026.

How big is unit 1204?

632 sqft (58.7 sqm): a one-bedroom apartment on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula One sold for AED 1,650,000 to 3,365,000 in the last 12 months, around AED 2,822 per sqft.

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Mortgage on 1204, Peninsula One

Starts from the last sale price (AED 1.65M, 16 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →