1-bed · 620 sqftPeninsula Two, Business Bay · 31st floor · completed 2024

3111, Peninsula Two

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

Unit 3111 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 1.2M19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3111, Peninsula Two

What is 3111 worth today?

Last sold for AED 1,197,100 in 2022

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19 May 2022Sold by developerOff-plan
AED 1,197,100AED 1,931 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
31st of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · May 2022

About 3111, Peninsula Two

3111 is a one-bedroom apartment of 620 sqft on the 31st floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 19 May 2022 for AED 1,197,100, or AED 1,931 per sqft, 7% above the AED 1,805 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3111 over time

Sales
Unit 3111, each saleTypical one-bed in Peninsula Two
1.2M1.4M1.6M20222023202420252026Typical 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, May 2022: AED 1,197,100 (AED 1,931 per sqft)

3111 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 3111 sits

All 137 1-beds →

3111 last sold in May 2022 at AED 1,931 per sqft, 7% above what one-beds in Peninsula Two were fetching at the time (AED 1,805). 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 31st floor

All 438 units in Peninsula Two
Value
3101AED 1.68M · Nov 2025
31022-bedAED 2.32M · Jul 2025
3103StudioAED 773K · May 2022
31041-bedAED 1.22M · Apr 2022
31052-bedAED 1.67M · Apr 2022
31061-bedAED 1.3M · Apr 2022
3107StudioAED 1.15M · Apr 2024
1–7 of 13

3111, Peninsula Two in numbers

  • Sold once: by Select Global Development on 19 May 2022 for AED 1,197,100, or AED 1,931 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 19 May 2022.

Questions about 3111, Peninsula Two

What did unit 3111 last sell for?

AED 1,197,100 on 19 May 2022, sold by the developer: AED 1,931 per sqft for 620 sqft. It is the only registered sale of the unit.

How big is unit 3111?

620 sqft (57.6 sqm): a one-bedroom apartment on the 31st floor of a 35-storey tower completed in 2024.

What is unit 3111 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 3111, Peninsula Two

Starts from the last sale price (AED 1.2M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,100
Deposit, UAE resident (20%)
AED 239,420
Deposit, non-resident (40%)
AED 478,840
Monthly over 25 years at 3.7%
AED 4,898

Plus AED 55,288 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →