Studio · 351 sqftPeninsula One, Business Bay · 10th floor · completed 2024

1008, Peninsula One

Sold prices and rental history: sold twice, last in December 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 975K29 December 2022
Current rentAED 70K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Peninsula One

What is 1008 worth today?

Last sold for AED 975,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
29 Dec 2022SoldOff-plan
AED 975,000AED 2,780 per sqft
21 Mar 2022Sold by developerOff-plan
AED 732,800AED 1,723 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
351 sqft
Floor
10th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 975K · December 2022

About 1008, Peninsula One

1008 is a studio of 351 sqft on the 10th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 29 December 2022 for AED 975,000, or AED 2,780 per sqft, 50% above the AED 1,857 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 70,000 a year: a gross yield of 7.2% on the 2022 price.

Sales and rents for 1008 over time

Sales
Unit 1008, 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 732,800 (AED 1,723 per sqft)Sold, December 2022: AED 975,000 (AED 2,780 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, August 2026: AED 70,000 a year

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 1008 sits

All 186 studios →

1008 last sold in December 2022 at AED 2,780 per sqft, 50% above what studios in Peninsula One were fetching at the time (AED 1,857). 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. 1008's AED 70,000 is in the lower half of that range.

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
1007StudioAED 719K · Mar 2022
1–7 of 13

1008, Peninsula One in numbers

  • Sold twice: first on 21 March 2022 for AED 732,800, last on 29 December 2022 for AED 975,000 (AED 2,780 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 7.2%.
  • 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 1 August 2026.

Questions about 1008, Peninsula One

What did unit 1008 last sell for?

AED 975,000 on 29 December 2022: AED 2,780 per sqft for 351 sqft. The unit has 2 registered sales; the first was AED 732,800 in March 2022.

What is the rent for unit 1008?

AED 70,000 a year on the contract signed on 1 August 2026.

How big is unit 1008?

351 sqft (32.6 sqm): a studio on the 10th floor of a 35-storey tower completed in 2024.

What is unit 1008 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.

Selling 1008? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1008, Peninsula One

Starts from the last sale price (AED 975K, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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