2-bed · 949 sqftPeninsula One, Business Bay · 23rd floor · completed 2024

2305, Peninsula One

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 1.8M22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Peninsula One

What is 2305 worth today?

Last sold for AED 1,800,000 in 2023

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22 Mar 2023SoldOff-plan
AED 1,800,000AED 1,897 per sqft
25 Jun 2022Sold by developerOff-plan
AED 1,572,288AED 1,657 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2023.

Key facts

Type
2-bed apartment
Size
949 sqft
Floor
23rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.8M · March 2023

About 2305, Peninsula One

2305 is a two-bedroom apartment of 949 sqft on the 23rd floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 22 March 2023 for AED 1,800,000, or AED 1,897 per sqft, 5% above the AED 1,802 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical two-bed in Peninsula One
1.5M2M20222023202420252026Typical sale price by year: 2022 AED 1,705,700; 2023 AED 1,900,000; 2024 AED 2,125,000; 2025 AED 2,325,000Sold by developer, June 2022: AED 1,572,288 (AED 1,657 per sqft)Sold, March 2023: AED 1,800,000 (AED 1,897 per sqft)

2305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, each contractTypical two-bed in Peninsula One
176K202520262027Typical rent by year: 2025 AED 177,273; 2026 AED 175,000

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

2-beds in Peninsula One, and where 2305 sits

All 126 2-beds →

2305 last sold in March 2023 at AED 1,897 per sqft, 5% above what two-beds in Peninsula One were fetching at the time (AED 1,802). Over the last 12 months two-beds sold for AED 1,860,000 to 4,500,000, around AED 2,414 per sqft, and rent for AED 145,000 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20262,600,000
8 Jan 20263,880,000
19 Dec 20252,670,000
12 Dec 20251,860,000
14 2-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. 37 sold in the last 12 months.

Typical price per sqft
AED 2,775 Up 3.5%
Typical sale
AED 1.95M
Typical rent
AED 118K /yr
Typical yield
6.9%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 23rd floor

All 518 units in Peninsula One
Value
23011-bedAED 1.27M · Jan 2022
23022-bedAED 1.68M · May 2024
2303StudioAED 684K · May 2024
23041-bedAED 1.04M · May 2024
23061-bedAED 1.08M · Jan 2022
2307StudioAED 965K · Nov 2023
2308StudioAED 970K · Nov 2023
1–7 of 13

2305, Peninsula One in numbers

  • Sold twice: first on 25 June 2022 for AED 1,572,288, last on 22 March 2023 for AED 1,800,000 (AED 1,897 per sqft).
  • Two-beds in Peninsula One sold for AED 1,860,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,775 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2023.

Questions about 2305, Peninsula One

What did unit 2305 last sell for?

AED 1,800,000 on 22 March 2023: AED 1,897 per sqft for 949 sqft. The unit has 2 registered sales; the first was AED 1,572,288 in June 2022.

How big is unit 2305?

949 sqft (88.2 sqm): a two-bedroom apartment on the 23rd floor of a 35-storey tower completed in 2024.

What is unit 2305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,860,000 to 4,500,000 in the last 12 months, around AED 2,414 per sqft.

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Mortgage on 2305, Peninsula One

Starts from the last sale price (AED 1.8M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →