2-bed · 1,272 sqftPeninsula One, Business Bay · 5th floor · completed 2024

505-A, Peninsula One

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

Unit 505-A · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 2.5M27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505-A, Peninsula One

What is 505-A worth today?

Last sold for AED 2,500,000 in 2024

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27 Jun 2024SoldOff-plan
AED 2,500,000AED 1,965 per sqft
25 May 2022Sold by developerOff-plan
AED 2,233,500AED 1,756 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,272 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.5M · June 2024

About 505-A, Peninsula One

505-A is a two-bedroom apartment of 1,272 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 27 June 2024 for AED 2,500,000, or AED 1,965 per sqft, 7% below the AED 2,116 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505-A over time

Sales
Unit 505-A, each saleTypical two-bed in Peninsula One
2M2.5M20222023202420252026Typical 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, May 2022: AED 2,233,500 (AED 1,756 per sqft)Sold, June 2024: AED 2,500,000 (AED 1,965 per sqft)

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

Rents
Unit 505-A, 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 505-A sits

All 126 2-beds →

505-A last sold in June 2024 at AED 1,965 per sqft, 7% below what two-beds in Peninsula One were fetching at the time (AED 2,116). 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 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
5041-bedAED 1.2M · Feb 2023
5052-bedAED 1.9M · Jul 2023
5061-bedAED 1.32M · Sep 2023
507StudioAED 750K · Jul 2022
1–7 of 23

505-A, Peninsula One in numbers

  • Sold twice: first on 25 May 2022 for AED 2,233,500, last on 27 June 2024 for AED 2,500,000 (AED 1,965 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: Dubai Land Department. Updated 27 June 2024.

Questions about 505-A, Peninsula One

What did unit 505-A last sell for?

AED 2,500,000 on 27 June 2024: AED 1,965 per sqft for 1,272 sqft. The unit has 2 registered sales; the first was AED 2,233,500 in May 2022.

How big is unit 505-A?

1,272 sqft (118.2 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 505-A 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 505-A, Peninsula One

Starts from the last sale price (AED 2.5M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →