Studio · 407 sqftPeninsula One, Business Bay · 19th floor · completed 2024

1903, Peninsula One

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 500K26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Peninsula One

What is 1903 worth today?

Last sold for AED 500,000 in 2024

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26 Jun 2024SoldOff-plan
AED 500,000AED 1,227 per sqft
1 Feb 2022SoldReady
AED 500,000AED 1,227 per sqft
21 Jan 2022Sold by developerOff-plan
AED 660,440AED 1,621 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
19th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 500K · June 2024

About 1903, Peninsula One

1903 is a studio of 407 sqft on the 19th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 26 June 2024 for AED 500,000, or AED 1,227 per sqft, 47% below the AED 2,332 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical studio in Peninsula One
500K1M202220242026Typical 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, January 2022: AED 660,440 (AED 1,621 per sqft)Sold, February 2022: AED 500,000 (AED 1,227 per sqft)Sold, June 2024: AED 500,000 (AED 1,227 per sqft)

1903 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1903, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000

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 1903 sits

All 186 studios →

1903 last sold in June 2024 at AED 1,227 per sqft, 47% below what studios in Peninsula One were fetching at the time (AED 2,332). 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.

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 19th floor

All 518 units in Peninsula One
Value
19011-bedAED 1.95M · Nov 2025
19022-bedAED 2M · Nov 2023
19041-bedAED 1.4M · May 2023
19052-bedAED 2.7M · Feb 2026
19061-bedAED 1.86M · Dec 2025
1907StudioAED 950K · Oct 2023
1908StudioAED 960K · Nov 2023
1–7 of 13

1903, Peninsula One in numbers

  • Sold 3 times: first on 21 January 2022 for AED 660,440, last on 26 June 2024 for AED 500,000 (AED 1,227 per sqft).
  • 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 26 June 2024.

Questions about 1903, Peninsula One

What did unit 1903 last sell for?

AED 500,000 on 26 June 2024: AED 1,227 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 660,440 in January 2022.

How big is unit 1903?

407 sqft (37.8 sqm): a studio on the 19th floor of a 35-storey tower completed in 2024.

What is unit 1903 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 1903, Peninsula One

Starts from the last sale price (AED 500K, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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