Studio · 407 sqftPeninsula One, Business Bay · 11th floor · completed 2024

1103, Peninsula One

Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 7 November 2026
Last soldAED 830K4 April 2023
Current rentAED 50K /yr7 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Peninsula One

What is 1103 worth today?

Last sold for AED 830,000 in 2023

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7 Nov 2026RentedRenewal
AED 50,000/yr6 months · AED 123 per sqft
7 Nov 2025RentedNew contract
AED 70,000/yr12 months · AED 172 per sqft
4 Apr 2023SoldOff-plan
AED 830,000AED 2,037 per sqft
6 Jan 2022Sold by developerOff-plan
AED 673,900AED 1,654 per sqft

Source: Dubai Land Department. Updated 7 November 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
11th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 830K · April 2023

About 1103, Peninsula One

1103 is a studio of 407 sqft on the 11th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 4 April 2023 for AED 830,000, or AED 2,037 per sqft, in line with the AED 1,986 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 7 November 2026, is AED 50,000 a year: a gross yield of 6.0% on the 2023 price.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, January 2022: AED 673,900 (AED 1,654 per sqft)Sold, April 2023: AED 830,000 (AED 2,037 per sqft)

1103 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1103, each contractTypical studio in Peninsula One
60K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, November 2025: AED 70,000 a yearRenewal, November 2026: AED 50,000 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 1103 sits

All 186 studios →

1103 last sold in April 2023 at AED 2,037 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 1,986). 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. 1103's AED 50,000 is at the bottom 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 11th floor

All 518 units in Peninsula One
Value
11011-bedAED 1.53M · Sep 2022
11022-bedAED 2.08M · Mar 2025
11041-bedAED 1.32M · Sep 2023
11052-bedAED 1.54M · Jan 2023
11061-bedAED 1.06M · Mar 2022
1107StudioAED 1M · Mar 2024
1108StudioAED 737K · Mar 2022
1–7 of 13

1103, Peninsula One in numbers

  • Sold twice: first on 6 January 2022 for AED 673,900, last on 4 April 2023 for AED 830,000 (AED 2,037 per sqft).
  • Rented since November 2025 on 2 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.0%.
  • 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 7 November 2026.

Questions about 1103, Peninsula One

What did unit 1103 last sell for?

AED 830,000 on 4 April 2023: AED 2,037 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 673,900 in January 2022.

What is the rent for unit 1103?

AED 50,000 a year on the contract renewed on 7 November 2026. The previous contract, from November 2025, was AED 70,000.

How big is unit 1103?

407 sqft (37.8 sqm): a studio on the 11th floor of a 35-storey tower completed in 2024.

What is unit 1103 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 1103, Peninsula One

Starts from the last sale price (AED 830K, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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