2-bed · 963 sqftPeninsula One, Business Bay · 17th floor · completed 2024

1705, Peninsula One

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 21 March 2022
Last soldAED 1.61M21 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Peninsula One

What is 1705 worth today?

Last sold for AED 1,606,700 in 2022

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21 Mar 2022Sold by developerOff-plan
AED 1,606,700AED 1,668 per sqft

Source: Dubai Land Department. Updated 21 March 2022.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
17th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.61M · March 2022

About 1705, Peninsula One

1705 is a two-bedroom apartment of 963 sqft on the 17th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 21 March 2022 for AED 1,606,700, or AED 1,668 per sqft, 7% below the AED 1,784 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical two-bed in Peninsula One
1.5M2M2.5M202220242026Typical 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, March 2022: AED 1,606,700 (AED 1,668 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Peninsula One
175K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487

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 1705 sits

All 141 2-beds →

1705 last sold in March 2022 at AED 1,668 per sqft, 7% below what two-beds in Peninsula One were fetching at the time (AED 1,784). 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.

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
17022-bedAED 2.2M · Sep 2025
1703StudioAED 1.32M · Oct 2025
17041-bedAED 1.05M · Feb 2022
17061-bedAED 1.12M · Jan 2022
1707StudioAED 1.2M · Oct 2025
1708StudioAED 1.12M · Jan 2025
1–7 of 13

1705, Peninsula One in numbers

  • Sold once: by Select Global Development on 21 March 2022 for AED 1,606,700, or AED 1,668 per sqft.
  • 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 21 March 2022.

Questions about 1705, Peninsula One

What did unit 1705 last sell for?

AED 1,606,700 on 21 March 2022, sold by the developer: AED 1,668 per sqft for 963 sqft. It is the only registered sale of the unit.

How big is unit 1705?

963 sqft (89.5 sqm): a two-bedroom apartment on the 17th floor of a 35-storey tower completed in 2024.

What is unit 1705 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 1705, Peninsula One

Starts from the last sale price (AED 1.61M, 21 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,606,700
Deposit, UAE resident (20%)
AED 321,340
Deposit, non-resident (40%)
AED 642,680
Monthly over 25 years at 3.7%
AED 6,574

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