Studio · 425 sqftPeninsula One, Business Bay · 13th floor · completed 2024

1308, Peninsula One

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 760K26 May 2022
Current rentAED 85K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Peninsula One

What is 1308 worth today?

Last sold for AED 759,798 in 2022

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17 Dec 2025RentedNew contract
AED 85,000/yr12 months · AED 202 per sqft
26 May 2022Sold by developerOff-plan
AED 759,798AED 1,787 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
13th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 760K · May 2022

About 1308, Peninsula One

1308 is a studio of 425 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 26 May 2022 for AED 759,798, or AED 1,787 per sqft, in line with the AED 1,836 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2025. The current contract, signed on 17 December 2025, is AED 85,000 a year: a gross yield of 11.2% on the 2022 price.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, May 2022: AED 759,798 (AED 1,787 per sqft)

1308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1308, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, December 2025: AED 85,000 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 1308 sits

All 186 studios →

1308 last sold in May 2022 at AED 1,787 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 1,836). 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. 1308's AED 85,000 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
1307StudioAED 746K · Mar 2023
1–7 of 13

1308, Peninsula One in numbers

  • Sold once: by Select Global Development on 26 May 2022 for AED 759,798, or AED 1,787 per sqft.
  • Rented since December 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 11.2%.
  • 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 17 December 2025.

Questions about 1308, Peninsula One

What did unit 1308 last sell for?

AED 759,798 on 26 May 2022, sold by the developer: AED 1,787 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 85,000 a year on the contract signed on 17 December 2025.

How big is unit 1308?

425 sqft (39.5 sqm): a studio on the 13th floor of a 35-storey tower completed in 2024.

What is unit 1308 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 1308, Peninsula One

Starts from the last sale price (AED 760K, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 759,798
Deposit, UAE resident (20%)
AED 151,960
Deposit, non-resident (40%)
AED 303,919
Monthly over 25 years at 3.7%
AED 3,109

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