Studio · 408 sqftPeninsula One, Business Bay · 12th floor · completed 2024

1212, Peninsula One

Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.12M7 August 2024
Current rentAED 50K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Peninsula One

What is 1212 worth today?

Last sold for AED 1,120,000 in 2024

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15 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
7 Aug 2024SoldOff-plan
AED 1,120,000AED 2,747 per sqft
22 May 2024SoldOff-plan
AED 900,000AED 2,207 per sqft
7 Sep 2022Sold by developerOff-plan
AED 793,800AED 1,947 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.12M · August 2024

About 1212, Peninsula One

1212 is a studio of 408 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 7 August 2024 for AED 1,120,000, or AED 2,747 per sqft, 13% above the AED 2,435 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2026. The current contract, signed on 15 July 2026, is AED 50,000 a year: a gross yield of 4.5% on the 2024 price.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, September 2022: AED 793,800 (AED 1,947 per sqft)Sold, May 2024: AED 900,000 (AED 2,207 per sqft)Sold, August 2024: AED 1,120,000 (AED 2,747 per sqft)

1212 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1212, each contractTypical studio in Peninsula One
60K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, July 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 1212 sits

All 186 studios →

1212 last sold in August 2024 at AED 2,747 per sqft, 13% above what studios in Peninsula One were fetching at the time (AED 2,435). 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. 1212'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 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

1212, Peninsula One in numbers

  • Sold 3 times: first on 7 September 2022 for AED 793,800, last on 7 August 2024 for AED 1,120,000 (AED 2,747 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.5%.
  • 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 15 July 2026.

Questions about 1212, Peninsula One

What did unit 1212 last sell for?

AED 1,120,000 on 7 August 2024: AED 2,747 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 793,800 in September 2022.

What is the rent for unit 1212?

AED 50,000 a year on the contract signed on 15 July 2026.

How big is unit 1212?

408 sqft (37.9 sqm): a studio on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1212 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 1212, Peninsula One

Starts from the last sale price (AED 1.12M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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