1-bed · 640 sqftPeninsula Two, Business Bay · 3rd floor · completed 2024

311, Peninsula Two

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 1.01M11 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Peninsula Two

What is 311 worth today?

Last sold for AED 1,006,900 in 2022

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11 Apr 2022Sold by developerOff-plan
AED 1,006,900AED 1,573 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
3rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.01M · April 2022

About 311, Peninsula Two

311 is a one-bedroom apartment of 640 sqft on the 3rd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 11 April 2022 for AED 1,006,900, or AED 1,573 per sqft, 13% below the AED 1,802 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Peninsula Two
1M1.5M20222023202420252026Typical sale price by year: 2022 AED 1,162,500; 2023 AED 1,362,500; 2024 AED 1,450,000; 2025 AED 1,575,000Sold by developer, April 2022: AED 1,006,900 (AED 1,573 per sqft)

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

1-beds in Peninsula Two, and where 311 sits

All 137 1-beds →

311 last sold in April 2022 at AED 1,573 per sqft, 13% below what one-beds in Peninsula Two were fetching at the time (AED 1,802). Over the last 12 months one-beds sold for AED 1,018,300 to 1,790,000, around AED 2,662 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,700,000
23 Dec 20251,700,000
8 Dec 20251,780,000
22 Jul 20251,600,000
6 1-bed sales in the last 12 months

Peninsula Two

Building

438 apartments, studios to 2-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 24 sold in the last 12 months.

Typical price per sqft
AED 2,657 Up 2.3%
Typical sale
AED 1.74M
Typical rent
Few contracts
Typical yield
Peninsula Two, Business Bay: prices, sales and rents →

Other units on the 3rd floor

All 438 units in Peninsula Two
Value
3011-bedAED 1.12M · Mar 2022
3022-bedAED 1.42M · May 2022
303StudioAED 666K · Feb 2022
3041-bedAED 1.04M · Jan 2022
3052-bedAED 1.41M · Mar 2022
3061-bedAED 1.15M · Apr 2022
307StudioAED 1.08M · Nov 2024
1–7 of 13

311, Peninsula Two in numbers

  • Sold once: by Select Global Development on 11 April 2022 for AED 1,006,900, or AED 1,573 per sqft.
  • One-beds in Peninsula Two sold for AED 1,018,300–1,790,000 in the 12 months to November 2026; the building's median across all types is AED 2,657 per sqft.

Source: Dubai Land Department. Updated 11 April 2022.

Questions about 311, Peninsula Two

What did unit 311 last sell for?

AED 1,006,900 on 11 April 2022, sold by the developer: AED 1,573 per sqft for 640 sqft. It is the only registered sale of the unit.

How big is unit 311?

640 sqft (59.5 sqm): a one-bedroom apartment on the 3rd floor of a 35-storey tower completed in 2024.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Two sold for AED 1,018,300 to 1,790,000 in the last 12 months, around AED 2,662 per sqft.

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Mortgage on 311, Peninsula Two

Starts from the last sale price (AED 1.01M, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,006,900
Deposit, UAE resident (20%)
AED 201,380
Deposit, non-resident (40%)
AED 402,760
Monthly over 25 years at 3.7%
AED 4,120

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