2-bed · 919 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

702, Peninsula Two

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 2.25M13 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Peninsula Two

What is 702 worth today?

Last sold for AED 2,250,000 in 2024

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13 Nov 2024SoldOff-plan
AED 2,250,000AED 2,447 per sqft
25 Jan 2024SoldOff-plan
AED 1,780,000AED 1,936 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,461,700AED 1,590 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
919 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.25M · November 2024

About 702, Peninsula Two

702 is a two-bedroom apartment of 919 sqft on the 7th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 13 November 2024 for AED 2,250,000, or AED 2,447 per sqft, 9% above the AED 2,249 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Peninsula Two
1.5M2M20222023202420252026Typical sale price by year: 2022 AED 1,578,335; 2023 AED 1,815,000; 2024 AED 2,050,000; 2025 AED 2,320,000Sold by developer, June 2022: AED 1,461,700 (AED 1,590 per sqft)Sold, January 2024: AED 1,780,000 (AED 1,936 per sqft)Sold, November 2024: AED 2,250,000 (AED 2,447 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 702 sits

All 85 2-beds →

702 last sold in November 2024 at AED 2,447 per sqft, 9% above what two-beds in Peninsula Two were fetching at the time (AED 2,249). 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 salesUnit no.Price (AED)Summary
21 Jan 20262,350,000
2 Jan 20262,450,000
22 Dec 20252,350,000
15 Dec 20252,325,000
10 2-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 7th floor

All 438 units in Peninsula Two
Value
7011-bedAED 1.35M · Mar 2024
703StudioAED 900K · Jan 2023
7041-bedAED 1.08M · Apr 2022
7052-bedAED 1.45M · May 2022
7061-bedAED 1.59M · May 2025
707StudioAED 1.05M · May 2024
708StudioAED 763K · Apr 2022
1–7 of 13

702, Peninsula Two in numbers

  • Sold 3 times: first on 27 June 2022 for AED 1,461,700, last on 13 November 2024 for AED 2,250,000 (AED 2,447 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 13 November 2024.

Questions about 702, Peninsula Two

What did unit 702 last sell for?

AED 2,250,000 on 13 November 2024: AED 2,447 per sqft for 919 sqft. The unit has 3 registered sales; the first was AED 1,461,700 in June 2022.

How big is unit 702?

919 sqft (85.4 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 702 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 702, Peninsula Two

Starts from the last sale price (AED 2.25M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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