2-bed · 915 sqftPeninsula One, Business Bay · 12th floor · completed 2024

1202, Peninsula One

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 2 March 2026
Last soldAED 1.63M2 February 2022
Current rentAED 190K /yr2 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Peninsula One

What is 1202 worth today?

Last sold for AED 1,632,096 in 2022

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2 Mar 2026RentedNew contract
AED 190,000/yr12 months · AED 208 per sqft
2 Feb 2022Sold by developerOff-plan
AED 1,632,096AED 1,784 per sqft

Source: Dubai Land Department. Updated 2 March 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.63M · February 2022

About 1202, Peninsula One

1202 is a two-bedroom apartment of 915 sqft on the 12th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 2 February 2022 for AED 1,632,096, or AED 1,784 per sqft, in line with the AED 1,784 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 March 2026. The current contract, signed on 2 March 2026, is AED 190,000 a year: a gross yield of 11.6% on the 2022 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Peninsula One
1.5M2M2.5M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, February 2022: AED 1,632,096 (AED 1,784 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Peninsula One
170K180K190K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, March 2026: AED 190,000 a year

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

2-beds in Peninsula One, and where 1202 sits

All 141 2-beds →

1202 last sold in February 2022 at AED 1,784 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 1,784). Over the last 12 months two-beds sold for AED 1,812,829 to 4,500,000, around AED 2,456 per sqft, and rent for AED 125,000 to 350,000 a year. 1202's AED 190,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-bed 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 12th floor

All 518 units in Peninsula One
Value
12011-bedAED 895K · Jul 2022
1203StudioAED 850K · Mar 2023
12041-bedAED 1.65M · Dec 2025
12052-bedAED 2.17M · Dec 2024
12061-bedAED 1.52M · May 2024
1207StudioAED 1.05M · Oct 2026
1208StudioAED 1.07M · Dec 2024
1–7 of 13

1202, Peninsula One in numbers

  • Sold once: by Select Global Development on 2 February 2022 for AED 1,632,096, or AED 1,784 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 11.6%.
  • Two-beds in Peninsula One sold for AED 1,812,829–4,500,000 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 2 March 2026.

Questions about 1202, Peninsula One

What did unit 1202 last sell for?

AED 1,632,096 on 2 February 2022, sold by the developer: AED 1,784 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 190,000 a year on the contract signed on 2 March 2026.

How big is unit 1202?

915 sqft (85.0 sqm): a two-bedroom apartment on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,812,829 to 4,500,000 in the last 12 months, around AED 2,456 per sqft.

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Mortgage on 1202, Peninsula One

Starts from the last sale price (AED 1.63M, 2 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,632,096
Deposit, UAE resident (20%)
AED 326,419
Deposit, non-resident (40%)
AED 652,838
Monthly over 25 years at 3.7%
AED 6,677

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