Studio · 417 sqftPeninsula Two, Business Bay · 5th floor · completed 2024

507, Peninsula Two

Sold prices and rental history: sold twice, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 1.12M29 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Peninsula Two

What is 507 worth today?

Last sold for AED 1,122,000 in 2025

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29 Apr 2025SoldOff-plan
AED 1,122,000AED 2,688 per sqft
6 Apr 2022Sold by developerOff-plan
AED 723,600AED 1,733 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.12M · April 2025

About 507, Peninsula Two

507 is a studio of 417 sqft on the 5th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 29 April 2025 for AED 1,122,000, or AED 2,688 per sqft, in line with the AED 2,619 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Peninsula Two
800K1M20222023202420252026Typical sale price by year: 2022 AED 758,713; 2023 AED 910,000; 2024 AED 1,050,000; 2025 AED 1,125,000Sold by developer, April 2022: AED 723,600 (AED 1,733 per sqft)Sold, April 2025: AED 1,122,000 (AED 2,688 per sqft)

507 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 507 sits

All 177 studios →

507 last sold in April 2025 at AED 2,688 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,619). Over the last 12 months studios sold for AED 1,000,000 to 1,200,000, around AED 2,779 per sqft.

Recent studio salesUnit no.Price (AED)Summary
8 Jan 20261,175,000
22 Dec 20251,120,000
17 Dec 20251,140,000
16 Dec 20251,200,000
8 studio 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 5th floor

All 438 units in Peninsula Two
Value
5011-bedAED 1.25M · Jan 2024
5022-bedAED 1.43M · Apr 2022
503StudioAED 668K · Apr 2022
5041-bedAED 1.2M · Dec 2023
5052-bedAED 1.42M · Jul 2022
5061-bedAED 1.4M · Jan 2024
508StudioAED 720K · Apr 2022
1–7 of 13

507, Peninsula Two in numbers

  • Sold twice: first on 6 April 2022 for AED 723,600, last on 29 April 2025 for AED 1,122,000 (AED 2,688 per sqft).
  • Studios in Peninsula Two sold for AED 1,000,000–1,200,000 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 29 April 2025.

Questions about 507, Peninsula Two

What did unit 507 last sell for?

AED 1,122,000 on 29 April 2025: AED 2,688 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 723,600 in April 2022.

How big is unit 507?

417 sqft (38.7 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Two sold for AED 1,000,000 to 1,200,000 in the last 12 months, around AED 2,779 per sqft.

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Mortgage on 507, Peninsula Two

Starts from the last sale price (AED 1.12M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,122,000
Deposit, UAE resident (20%)
AED 224,400
Deposit, non-resident (40%)
AED 448,800
Monthly over 25 years at 3.7%
AED 4,590

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