Studio · 407 sqftPeninsula One, Business Bay · 13th floor · completed 2024

1303, Peninsula One

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

Unit 1303 · DLD and Ejari recordsUpdated 6 July 2026
Last soldAED 695K31 January 2022
Current rentAED 62K /yr6 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Peninsula One

What is 1303 worth today?

Last sold for AED 695,028 in 2022

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6 Jul 2026RentedNew contract
AED 62,000/yr12 months · AED 152 per sqft
14 Jan 2026RentedNew contract
AED 77,000/yr12 months · AED 188 per sqft
31 Jan 2022Sold by developerOff-plan
AED 695,028AED 1,706 per sqft

Source: Dubai Land Department. Updated 6 July 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
13th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 695K · January 2022

About 1303, Peninsula One

1303 is a studio of 407 sqft on the 13th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 31 January 2022 for AED 695,028, or AED 1,706 per sqft, 6% below the AED 1,813 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 6 July 2026, is AED 62,000 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for 1303 over time

Sales
Unit 1303, 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 695,028 (AED 1,706 per sqft)

1303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1303, each contractTypical studio in Peninsula One
60K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, January 2026: AED 77,000 a yearNew contract, July 2026: AED 62,000 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 1303 sits

All 186 studios →

1303 last sold in January 2022 at AED 1,706 per sqft, 6% below what studios in Peninsula One were fetching at the time (AED 1,813). 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. 1303's AED 62,000 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 13th floor

All 518 units in Peninsula One
Value
13011-bedAED 1.8M · Oct 2026
13022-bedAED 1.8M · Feb 2024
13041-bedAED 1.7M · May 2026
13052-bedAED 2.1M · Mar 2024
13061-bedAED 1.08M · Feb 2022
1307StudioAED 746K · Mar 2023
1308StudioAED 760K · May 2022
1–7 of 13

1303, Peninsula One in numbers

  • Sold once: by Select Global Development on 31 January 2022 for AED 695,028, or AED 1,706 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, from AED 77,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 8.9%.
  • 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 6 July 2026.

Questions about 1303, Peninsula One

What did unit 1303 last sell for?

AED 695,028 on 31 January 2022, sold by the developer: AED 1,706 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 62,000 a year on the contract signed on 6 July 2026. The previous contract, from January 2026, was AED 77,000.

How big is unit 1303?

407 sqft (37.8 sqm): a studio on the 13th floor of a 35-storey tower completed in 2024.

What is unit 1303 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 1303, Peninsula One

Starts from the last sale price (AED 695K, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 695,028
Deposit, UAE resident (20%)
AED 139,006
Deposit, non-resident (40%)
AED 278,011
Monthly over 25 years at 3.7%
AED 2,844

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