Studio · 407 sqftPeninsula One, Business Bay · 17th floor · completed 2024

1703, Peninsula One

Sold prices and rental history: sold 3 times, last in October 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.32M13 October 2025
Current rentAED 75K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Peninsula One

What is 1703 worth today?

Last sold for AED 1,315,000 in 2025

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1 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 184 per sqft
13 Oct 2025SoldReady
AED 1,315,000AED 3,231 per sqft
1 May 2025SoldOff-plan
AED 1,150,000AED 2,824 per sqft
19 Jul 2022Sold by developerOff-plan
AED 688,200AED 1,690 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
17th of 35
Parking
B2-40
Developer
Select Global Development
Completed
2024
Last sold
AED 1.32M · October 2025

About 1703, Peninsula One

1703 is a studio of 407 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 13 October 2025 for AED 1,315,000, or AED 3,231 per sqft, 17% above the AED 2,750 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2025. The current contract, signed on 1 December 2025, is AED 75,000 a year: a gross yield of 5.7% on the 2025 price.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical studio in Peninsula One
1M202220242026Typical 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, July 2022: AED 688,200 (AED 1,690 per sqft)Sold, May 2025: AED 1,150,000 (AED 2,824 per sqft)Sold, October 2025: AED 1,315,000 (AED 3,231 per sqft)

1703 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, December 2025: AED 75,000 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 1703 sits

All 186 studios →

1703 last sold in October 2025 at AED 3,231 per sqft, 17% above what studios in Peninsula One were fetching at the time (AED 2,750). 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. 1703's AED 75,000 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 17th floor

All 518 units in Peninsula One
Value
17011-bedAED 1.31M · Jan 2022
17022-bedAED 2.2M · Sep 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

1703, Peninsula One in numbers

  • Sold 3 times: first on 19 July 2022 for AED 688,200, last on 13 October 2025 for AED 1,315,000 (AED 3,231 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 5.7%.
  • 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 1 December 2025.

Questions about 1703, Peninsula One

What did unit 1703 last sell for?

AED 1,315,000 on 13 October 2025: AED 3,231 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 688,200 in July 2022.

What is the rent for unit 1703?

AED 75,000 a year on the contract signed on 1 December 2025.

How big is unit 1703?

407 sqft (37.8 sqm): a studio on the 17th floor of a 35-storey tower completed in 2024.

What is unit 1703 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 1703, Peninsula One

Starts from the last sale price (AED 1.32M, 13 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,000
Deposit, UAE resident (20%)
AED 263,000
Deposit, non-resident (40%)
AED 526,000
Monthly over 25 years at 3.7%
AED 5,380

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