1203, Peninsula One
Sold prices and rental history: sold twice, last in March 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Peninsula One
What is 1203 worth today?
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Source: Dubai Land Department. Updated 23 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 12th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 850K · March 2023
- Building
- Peninsula One
About 1203, Peninsula One
1203 is a studio of 407 sqft on the 12th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 31 March 2023 for AED 850,000, or AED 2,087 per sqft, 6% above the AED 1,974 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 August 2026. The current contract, signed on 23 August 2026, is AED 60,000 a year: a gross yield of 7.1% on the 2023 price.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the studio median of each year in the building.
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 1203 sits
All 186 studios →1203 last sold in March 2023 at AED 2,087 per sqft, 6% above what studios in Peninsula One were fetching at the time (AED 1,974). 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. 1203's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 429 sqft | 1,190,000 | 2,777 | ||
| 8 Oct 20268 October 2026 | 437 sqft | 1,050,000 | 2,400 | ||
| 8 Sep 20268 September 2026 | 390 sqft | 1,130,000 | 2,900 | ||
| 7 May 20267 May 2026 | 390 sqft | 1,140,000 | 2,925 |
Peninsula One
Building518 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%
Other units on the 12th floor
All 518 units in Peninsula One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 688 sqft | AED 895KAED 894,582 · Jul 2022July 2022 | 95,000 /yr | |
| 1202 | 2-bed | 915 sqft | AED 1.63MAED 1,632,096 · Feb 2022February 2022 | 190,000 /yr | |
| 1204 | 1-bed | 632 sqft | AED 1.65MAED 1,650,000 · Dec 2025December 2025 | 140,000 /yr | |
| 1205 | 2-bed | 963 sqft | AED 2.17MAED 2,165,000 · Dec 2024December 2024 | ||
| 1206 | 1-bed | 684 sqft | AED 1.52MAED 1,520,000 · May 2024May 2024 | ||
| 1207 | Studio | 437 sqft | AED 1.05MAED 1,050,000 · Oct 2026October 2026 | ||
| 1208 | Studio | 440 sqft | AED 1.07MAED 1,070,000 · Dec 2024December 2024 | 64,800 /yr | |
| 1209 | 2-bed | 925 sqft | AED 1.58MAED 1,577,500 · Feb 2022February 2022 | ||
| 1210 | Studio | 405 sqft | AED 1.25MAED 1,250,000 · Oct 2025October 2025 | ||
| 1211 | 1-bed | 636 sqft | AED 826KAED 826,293 · Jul 2022July 2022 | 115,000 /yr | |
| 1212 | Studio | 408 sqft | AED 1.12MAED 1,120,000 · Aug 2024August 2024 | 50,000 /yr | |
| 1213 | Studio | 403 sqft | AED 745KAED 744,990 · Jun 2022June 2022 | ||
| 1214 | 1-bed | 581 sqft | AED 1.11MAED 1,110,300 · Feb 2022February 2022 |
1203, Peninsula One in numbers
- Sold twice: first on 6 January 2022 for AED 677,800, last on 31 March 2023 for AED 850,000 (AED 2,087 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 7.1%.
- 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 23 August 2026.
Questions about 1203, Peninsula One
What did unit 1203 last sell for?
AED 850,000 on 31 March 2023: AED 2,087 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 677,800 in January 2022.
What is the rent for unit 1203?
AED 60,000 a year on the contract signed on 23 August 2026.
How big is unit 1203?
407 sqft (37.8 sqm): a studio on the 12th floor of a 35-storey tower completed in 2024.
What is unit 1203 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 1203, Peninsula One
Starts from the last sale price (AED 850K, 31 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →