Studio · 417 sqftPeninsula One, Business Bay · 13th floor · completed 2024

1307, 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.

Unit 1307 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 746K24 March 2023
Current rentAED 68K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Peninsula One

What is 1307 worth today?

Last sold for AED 745,824 in 2023

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12 Aug 2026RentedNew contract
AED 68,000/yr12 months · AED 162 per sqft
24 Mar 2023SoldOff-plan
AED 745,824AED 1,787 per sqft
26 May 2022Sold by developerOff-plan
AED 745,824AED 1,787 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
13th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 746K · March 2023

About 1307, Peninsula One

1307 is a studio of 417 sqft on the 13th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 24 March 2023 for AED 745,824, or AED 1,787 per sqft, 9% below the AED 1,964 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 August 2026. The current contract, signed on 12 August 2026, is AED 68,000 a year: a gross yield of 9.1% on the 2023 price.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, May 2022: AED 745,824 (AED 1,787 per sqft)Sold, March 2023: AED 745,824 (AED 1,787 per sqft)

1307 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1307, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, August 2026: AED 68,000 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 1307 sits

All 186 studios →

1307 last sold in March 2023 at AED 1,787 per sqft, 9% below what studios in Peninsula One were fetching at the time (AED 1,964). 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. 1307's AED 68,000 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
1303StudioAED 695K · Jan 2022
13041-bedAED 1.7M · May 2026
13052-bedAED 2.1M · Mar 2024
13061-bedAED 1.08M · Feb 2022
1308StudioAED 760K · May 2022
1–7 of 13

1307, Peninsula One in numbers

  • Sold twice: first on 26 May 2022 for AED 745,824, last on 24 March 2023 for AED 745,824 (AED 1,787 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2023 price is 9.1%.
  • 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 12 August 2026.

Questions about 1307, Peninsula One

What did unit 1307 last sell for?

AED 745,824 on 24 March 2023: AED 1,787 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 745,824 in May 2022.

What is the rent for unit 1307?

AED 68,000 a year on the contract signed on 12 August 2026.

How big is unit 1307?

417 sqft (38.7 sqm): a studio on the 13th floor of a 35-storey tower completed in 2024.

What is unit 1307 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 1307, Peninsula One

Starts from the last sale price (AED 746K, 24 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 745,824
Deposit, UAE resident (20%)
AED 149,165
Deposit, non-resident (40%)
AED 298,330
Monthly over 25 years at 3.7%
AED 3,051

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