1-bed · 632 sqftPeninsula One, Business Bay · 5th floor · completed 2024

504, Peninsula One

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

Unit 504 · DLD and Ejari recordsUpdated 10 February 2023
Last soldAED 1.2M10 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Peninsula One

What is 504 worth today?

Last sold for AED 1,200,000 in 2023

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10 Feb 2023SoldOff-plan
AED 1,200,000AED 1,899 per sqft
25 Jan 2022Sold by developerOff-plan
AED 990,800AED 1,568 per sqft

Source: Dubai Land Department. Updated 10 February 2023.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · February 2023

About 504, Peninsula One

504 is a one-bedroom apartment of 632 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 10 February 2023 for AED 1,200,000, or AED 1,899 per sqft, in line with the AED 1,873 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, 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 990,800 (AED 1,568 per sqft)Sold, February 2023: AED 1,200,000 (AED 1,899 per sqft)

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

Rents
Unit 504, 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 504 sits

All 167 1-beds →

504 last sold in February 2023 at AED 1,899 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 1,873). 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 5th floor

All 518 units in Peninsula One
Value
5011-bedAED 1.21M · Jan 2022
5022-bedAED 2.09M · May 2025
503StudioAED 1.04M · Oct 2024
5052-bedAED 1.9M · Jul 2023
5061-bedAED 1.32M · Sep 2023
507StudioAED 750K · Jul 2022
508StudioAED 870K · Feb 2023
1–7 of 23

504, Peninsula One in numbers

  • Sold twice: first on 25 January 2022 for AED 990,800, last on 10 February 2023 for AED 1,200,000 (AED 1,899 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 10 February 2023.

Questions about 504, Peninsula One

What did unit 504 last sell for?

AED 1,200,000 on 10 February 2023: AED 1,899 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 990,800 in January 2022.

How big is unit 504?

632 sqft (58.7 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 504 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 504, Peninsula One

Starts from the last sale price (AED 1.2M, 10 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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