2-bed · 918 sqftPeninsula One, Business Bay · 17th floor · completed 2024

1702, Peninsula One

Sold prices and rental history: sold twice, last in September 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.2M12 September 2025
Current rentAED 145K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Peninsula One

What is 1702 worth today?

Last sold for AED 2,200,000 in 2025

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1 Sep 2026RentedNew contract
AED 145,000/yr12 months · AED 158 per sqft
8 Nov 2025RentedNew contract
AED 213,333/yr9 months · AED 232 per sqft
12 Sep 2025SoldReady
AED 2,200,000AED 2,395 per sqft
28 Feb 2022Sold by developerOff-plan
AED 1,725,300AED 1,886 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
918 sqft
Floor
17th of 35
Parking
F2-69
Developer
Select Global Development
Completed
2024
Last sold
AED 2.2M · September 2025

About 1702, Peninsula One

1702 is a two-bedroom apartment of 918 sqft on the 17th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 12 September 2025 for AED 2,200,000, or AED 2,395 per sqft, in line with the AED 2,334 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 145,000 a year: a gross yield of 6.6% on the 2025 price.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in Peninsula One
2M2.5M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, February 2022: AED 1,725,300 (AED 1,886 per sqft)Sold, September 2025: AED 2,200,000 (AED 2,395 per sqft)

1702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Peninsula One
150K200K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, November 2025: AED 213,333 a yearNew contract, September 2026: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula One, and where 1702 sits

All 141 2-beds →

1702 last sold in September 2025 at AED 2,395 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 2,334). Over the last 12 months two-beds sold for AED 1,812,829 to 4,500,000, around AED 2,456 per sqft, and rent for AED 125,000 to 350,000 a year. 1702's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-bed 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 17th floor

All 518 units in Peninsula One
Value
17011-bedAED 1.31M · Jan 2022
1703StudioAED 1.32M · Oct 2025
17041-bedAED 1.05M · Feb 2022
17052-bedAED 1.61M · Mar 2022
17061-bedAED 1.12M · Jan 2022
1707StudioAED 1.2M · Oct 2025
1708StudioAED 1.12M · Jan 2025
1–7 of 13

1702, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 1,725,300, last on 12 September 2025 for AED 2,200,000 (AED 2,395 per sqft).
  • Rented since November 2025 on 2 Ejari contracts, from AED 213,333 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2025 price is 6.6%.
  • Two-beds in Peninsula One sold for AED 1,812,829–4,500,000 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 1 September 2026.

Questions about 1702, Peninsula One

What did unit 1702 last sell for?

AED 2,200,000 on 12 September 2025: AED 2,395 per sqft for 918 sqft. The unit has 2 registered sales; the first was AED 1,725,300 in February 2022.

What is the rent for unit 1702?

AED 145,000 a year on the contract signed on 1 September 2026. The previous contract, from November 2025, was AED 213,333.

How big is unit 1702?

918 sqft (85.3 sqm): a two-bedroom apartment on the 17th floor of a 35-storey tower completed in 2024.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,812,829 to 4,500,000 in the last 12 months, around AED 2,456 per sqft.

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Mortgage on 1702, Peninsula One

Starts from the last sale price (AED 2.2M, 12 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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