1-bed · 684 sqftPeninsula One, Business Bay · 12th floor · completed 2024

1206, Peninsula One

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.52M29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Peninsula One

What is 1206 worth today?

Last sold for AED 1,520,000 in 2024

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29 May 2024SoldOff-plan
AED 1,520,000AED 2,221 per sqft
28 Feb 2022Sold by developerOff-plan
AED 1,104,900AED 1,614 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
1-bed apartment
Size
684 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.52M · May 2024

About 1206, Peninsula One

1206 is a one-bedroom apartment of 684 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 29 May 2024 for AED 1,520,000, or AED 2,221 per sqft, 4% below the AED 2,302 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, February 2022: AED 1,104,900 (AED 1,614 per sqft)Sold, May 2024: AED 1,520,000 (AED 2,221 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Peninsula One
120K130K202520262027Typical rent by year: 2025 AED 115,000; 2026 AED 135,000

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 1206 sits

All 167 1-beds →

1206 last sold in May 2024 at AED 2,221 per sqft, 4% below what one-beds in Peninsula One were fetching at the time (AED 2,302). 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.

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
12041-bedAED 1.65M · Dec 2025
12052-bedAED 2.17M · Dec 2024
1207StudioAED 758K · Feb 2022
1208StudioAED 1.07M · Dec 2024
1–7 of 13

1206, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 1,104,900, last on 29 May 2024 for AED 1,520,000 (AED 2,221 per sqft).
  • 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 29 May 2024.

Questions about 1206, Peninsula One

What did unit 1206 last sell for?

AED 1,520,000 on 29 May 2024: AED 2,221 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 1,104,900 in February 2022.

How big is unit 1206?

684 sqft (63.5 sqm): a one-bedroom apartment on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1206 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 1206, Peninsula One

Starts from the last sale price (AED 1.52M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →