505, Peninsula Two
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Peninsula Two
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 948 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.42M · July 2022
- Building
- Peninsula Two
About 505, Peninsula Two
505 is a two-bedroom apartment of 948 sqft on the 5th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 20 July 2022 for AED 1,416,300, or AED 1,494 per sqft, 12% below the AED 1,694 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 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Two, and where 505 sits
All 85 2-beds →505 last sold in July 2022 at AED 1,494 per sqft, 12% below what two-beds in Peninsula Two were fetching at the time (AED 1,694). Over the last 12 months two-beds sold for AED 2,250,000 to 2,570,000, around AED 2,568 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 948 sqft | 2,350,000 | 2,479 | ||
| 2 Jan 20262 January 2026 | 949 sqft | 2,450,000 | 2,581 | ||
| 22 Dec 202522 December 2025 | 920 sqft | 2,350,000 | 2,554 | ||
| 15 Dec 202515 December 2025 | 929 sqft | 2,325,000 | 2,502 |
Peninsula Two
Building438 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
Other units on the 5th floor
All 438 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 672 sqft | AED 1.25MAED 1,250,000 · Jan 2024January 2024 | ||
| 502 | 2-bed | 904 sqft | AED 1.43MAED 1,425,400 · Apr 2022April 2022 | ||
| 503 | Studio | 408 sqft | AED 668KAED 668,262 · Apr 2022April 2022 | ||
| 504 | 1-bed | 632 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | ||
| 506 | 1-bed | 663 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | ||
| 507 | Studio | 417 sqft | AED 1.12MAED 1,122,000 · Apr 2025April 2025 | ||
| 508 | Studio | 425 sqft | AED 720KAED 720,202 · Apr 2022April 2022 | ||
| 509 | 2-bed | 912 sqft | AED 1.79MAED 1,790,000 · Oct 2024October 2024 | ||
| 510 | 408 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | |||
| 511 | 1-bed | 621 sqft | AED 1.32MAED 1,320,000 · Jan 2024January 2024 | ||
| 512 | Studio | 390 sqft | AED 697KAED 697,300 · Mar 2022March 2022 | ||
| 513 | Studio | 390 sqft | AED 1.14MAED 1,140,000 · Dec 2025December 2025 | ||
| 514 | 1-bed | 570 sqft | AED 990KAED 989,800 · May 2022May 2022 |
505, Peninsula Two in numbers
- Sold once: by Select Global Development on 20 July 2022 for AED 1,416,300, or AED 1,494 per sqft.
- Two-beds in Peninsula Two sold for AED 2,250,000–2,570,000 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 20 July 2022.
Questions about 505, Peninsula Two
What did unit 505 last sell for?
AED 1,416,300 on 20 July 2022, sold by the developer: AED 1,494 per sqft for 948 sqft. It is the only registered sale of the unit.
How big is unit 505?
948 sqft (88.1 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Two sold for AED 2,250,000 to 2,570,000 in the last 12 months, around AED 2,568 per sqft.
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Mortgage on 505, Peninsula Two
Starts from the last sale price (AED 1.42M, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,416,300
- Deposit, UAE resident (20%)
- AED 283,260
- Deposit, non-resident (40%)
- AED 566,520
- Monthly over 25 years at 3.7%
- AED 5,795
Plus AED 64,495 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →