Studio · 417 sqftPeninsula One, Business Bay · 10th floor · completed 2024

1007, Peninsula One

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

Unit 1007 · DLD and Ejari recordsUpdated 3 March 2022
Last soldAED 719K3 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Peninsula One

What is 1007 worth today?

Last sold for AED 719,300 in 2022

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3 Mar 2022Sold by developerOff-plan
AED 719,300AED 1,724 per sqft

Source: Dubai Land Department. Updated 3 March 2022.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
10th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 719K · March 2022

About 1007, Peninsula One

1007 is a studio of 417 sqft on the 10th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 3 March 2022 for AED 719,300, or AED 1,724 per sqft, 5% below the AED 1,810 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Peninsula One
750K1M1.25M202220242026Typical sale price by year: 2022 AED 763,000; 2023 AED 896,000; 2024 AED 1,050,000; 2025 AED 1,150,000; 2026 AED 1,190,000Sold by developer, March 2022: AED 719,300 (AED 1,724 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula One, and where 1007 sits

All 186 studios →

1007 last sold in March 2022 at AED 1,724 per sqft, 5% below what studios in Peninsula One were fetching at the time (AED 1,810). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,013 per sqft, and rent for AED 50,000 to 130,000 a year.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,190,000
8 Oct 20261,050,000
8 Sep 20261,130,000
7 May 20261,140,000
12 studio sales in the last 12 months

Peninsula One

Building

518 apartments, studios to 3-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 62 sold in the last 12 months.

Typical price per sqft
AED 2,715 Up 1.5%
Typical sale
AED 1.91M
Typical rent
AED 118K /yr
Typical yield
6.6%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 518 units in Peninsula One
Value
10011-bedAED 1.55M · Feb 2023
10022-bedAED 2.88M · Jun 2026
1003StudioAED 785K · Sep 2022
10041-bedAED 1.73M · Oct 2025
10052-bedAED 1.53M · Mar 2022
10061-bedAED 1.22M · Sep 2022
1008StudioAED 975K · Dec 2022
1–7 of 13

1007, Peninsula One in numbers

  • Sold once: by Select Global Development on 3 March 2022 for AED 719,300, or AED 1,724 per sqft.
  • Studios in Peninsula One sold for AED 900,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 2,715 per sqft.

Source: Dubai Land Department. Updated 3 March 2022.

Questions about 1007, Peninsula One

What did unit 1007 last sell for?

AED 719,300 on 3 March 2022, sold by the developer: AED 1,724 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 1007?

417 sqft (38.7 sqm): a studio on the 10th floor of a 35-storey tower completed in 2024.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,013 per sqft.

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Mortgage on 1007, Peninsula One

Starts from the last sale price (AED 719K, 3 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 719,300
Deposit, UAE resident (20%)
AED 143,860
Deposit, non-resident (40%)
AED 287,720
Monthly over 25 years at 3.7%
AED 2,943

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