Studio · 440 sqftPeninsula One, Business Bay · 12th floor · completed 2024

1208, Peninsula One

Sold prices and rental history: sold twice, last in December 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 7 June 2026
Last soldAED 1.07M6 December 2024
Current rentAED 65K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Peninsula One

What is 1208 worth today?

Last sold for AED 1,070,000 in 2024

Unlock today's estimate, updated daily, with

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

7 Jun 2026RentedNew contract
AED 64,800/yr12 months · AED 147 per sqft
11 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
6 Dec 2024SoldOff-plan
AED 1,070,000AED 2,432 per sqft
28 Feb 2022Sold by developerOff-plan
AED 766,700AED 1,742 per sqft

Source: Dubai Land Department. Updated 7 June 2026.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.07M · December 2024

About 1208, Peninsula One

1208 is a studio of 440 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 6 December 2024 for AED 1,070,000, or AED 2,432 per sqft, 5% below the AED 2,564 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 7 June 2026, is AED 64,800 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical studio in Peninsula One
800K1M1.2M202220242026Typical 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, February 2022: AED 766,700 (AED 1,742 per sqft)Sold, December 2024: AED 1,070,000 (AED 2,432 per sqft)

1208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1208, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, February 2026: AED 80,000 a yearNew contract, June 2026: AED 64,800 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 1208 sits

All 186 studios →

1208 last sold in December 2024 at AED 2,432 per sqft, 5% below what studios in Peninsula One were fetching at the time (AED 2,564). 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. 1208's AED 64,800 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 12th floor

All 518 units in Peninsula One
Value
12011-bedAED 895K · Jul 2022
12022-bedAED 1.63M · Feb 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
1–7 of 13

1208, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 766,700, last on 6 December 2024 for AED 1,070,000 (AED 2,432 per sqft).
  • Rented since February 2026 on 2 Ejari contracts, from AED 80,000 to AED 64,800 a year.
  • At AED 64,800 a year the gross yield on the 2024 price is 6.1%.
  • 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 7 June 2026.

Questions about 1208, Peninsula One

What did unit 1208 last sell for?

AED 1,070,000 on 6 December 2024: AED 2,432 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 766,700 in February 2022.

What is the rent for unit 1208?

AED 64,800 a year on the contract signed on 7 June 2026. The previous contract, from February 2026, was AED 80,000.

How big is unit 1208?

440 sqft (40.9 sqm): a studio on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1208 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 1208? 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 1208, Peninsula One

Starts from the last sale price (AED 1.07M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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