2-bed · 925 sqftPeninsula One, Business Bay · 17th floor · completed 2024

1709, Peninsula One

Sold prices and rental history: sold 3 times, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 2.57M17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Peninsula One

What is 1709 worth today?

Last sold for AED 2,570,000 in 2025

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17 Mar 2025SoldOff-plan
AED 2,570,000AED 2,778 per sqft
16 Oct 2024SoldOff-plan
AED 1,950,000AED 2,108 per sqft
19 Jul 2022Sold by developerOff-plan
AED 1,603,000AED 1,733 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
2-bed apartment
Size
925 sqft
Floor
17th of 35
Parking
F2-71
Developer
Select Global Development
Completed
2024
Last sold
AED 2.57M · March 2025

About 1709, Peninsula One

1709 is a two-bedroom apartment of 925 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 17 March 2025 for AED 2,570,000, or AED 2,778 per sqft, 24% above the AED 2,236 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, July 2022: AED 1,603,000 (AED 1,733 per sqft)Sold, October 2024: AED 1,950,000 (AED 2,108 per sqft)Sold, March 2025: AED 2,570,000 (AED 2,778 per sqft)

1709 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, 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 1709 sits

All 141 2-beds →

1709 last sold in March 2025 at AED 2,778 per sqft, 24% above what two-beds in Peninsula One were fetching at the time (AED 2,236). 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
17052-bedAED 1.61M · Mar 2022
17061-bedAED 1.12M · Jan 2022
1707StudioAED 1.2M · Oct 2025
1–7 of 13

1709, Peninsula One in numbers

  • Sold 3 times: first on 19 July 2022 for AED 1,603,000, last on 17 March 2025 for AED 2,570,000 (AED 2,778 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 17 March 2025.

Questions about 1709, Peninsula One

What did unit 1709 last sell for?

AED 2,570,000 on 17 March 2025: AED 2,778 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 1,603,000 in July 2022.

How big is unit 1709?

925 sqft (85.9 sqm): a two-bedroom apartment on the 17th floor of a 35-storey tower completed in 2024.

What is unit 1709 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 1709, Peninsula One

Starts from the last sale price (AED 2.57M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,570,000
Deposit, UAE resident (20%)
AED 514,000
Deposit, non-resident (40%)
AED 1,028,000
Monthly over 25 years at 3.7%
AED 10,515

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