2-bed · 898 sqftPeninsula One, Business Bay · 5th floor · completed 2024

502, Peninsula One

Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 2.09M1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Peninsula One

What is 502 worth today?

Last sold for AED 2,085,000 in 2025

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1 May 2025SoldOff-plan
AED 2,085,000AED 2,322 per sqft
28 Feb 2022Sold by developerOff-plan
AED 1,511,328AED 1,683 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
898 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.09M · May 2025

About 502, Peninsula One

502 is a two-bedroom apartment of 898 sqft on the 5th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 1 May 2025 for AED 2,085,000, or AED 2,322 per sqft, in line with the AED 2,296 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, February 2022: AED 1,511,328 (AED 1,683 per sqft)Sold, May 2025: AED 2,085,000 (AED 2,322 per sqft)

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

Rents
Unit 502, 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 502 sits

All 126 2-beds →

502 last sold in May 2025 at AED 2,322 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 2,296). 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. 40 sold in the last 12 months.

Typical price per sqft
AED 2,784 Up 4.0%
Typical sale
AED 1.93M
Typical rent
AED 116K /yr
Typical yield
6.8%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 518 units in Peninsula One
Value
5011-bedAED 1.21M · Jan 2022
503StudioAED 1.04M · Oct 2024
5041-bedAED 1.2M · Feb 2023
5052-bedAED 1.9M · Jul 2023
5061-bedAED 1.32M · Sep 2023
507StudioAED 750K · Jul 2022
508StudioAED 870K · Feb 2023
1–7 of 23

502, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 1,511,328, last on 1 May 2025 for AED 2,085,000 (AED 2,322 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 2,784 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 502, Peninsula One

What did unit 502 last sell for?

AED 2,085,000 on 1 May 2025: AED 2,322 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 1,511,328 in February 2022.

How big is unit 502?

898 sqft (83.4 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 502 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 502, Peninsula One

Starts from the last sale price (AED 2.09M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,085,000
Deposit, UAE resident (20%)
AED 417,000
Deposit, non-resident (40%)
AED 834,000
Monthly over 25 years at 3.7%
AED 8,530

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