Studio · 391 sqftPeninsula One, Business Bay · 2nd floor · completed 2024

203, Peninsula One

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 637K26 May 2022
Current rentAED 80K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Peninsula One

What is 203 worth today?

Last sold for AED 637,300 in 2022

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5 Mar 2026RentedNew contract
AED 80,000/yr12 months · AED 201 per sqft
26 May 2022Sold by developerOff-plan
AED 637,300AED 1,630 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
2nd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 637K · May 2022

About 203, Peninsula One

203 is a studio of 391 sqft on the 2nd floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 26 May 2022 for AED 637,300, or AED 1,630 per sqft, 11% below the AED 1,836 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 March 2026. The current contract, signed on 5 March 2026, is AED 80,000 a year: a gross yield of 12.6% on the 2022 price.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2022: AED 637,300 (AED 1,630 per sqft)

203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 203, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, March 2026: AED 80,000 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 203 sits

All 186 studios →

203 last sold in May 2022 at AED 1,630 per sqft, 11% below what studios in Peninsula One were fetching at the time (AED 1,836). 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. 203's AED 80,000 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 2nd floor

All 518 units in Peninsula One
Value
2011-bedAED 997K · May 2022
202StudioAED 960K · Apr 2025
2041-bedAED 935K · Aug 2022
201-A1-bedAED 1.28M · May 2022
201-B2-bedAED 2.8M · Apr 2025
202-A2-bedAED 2.18M · Sep 2022
202-B1-bedAED 2.02M · May 2022
1–7 of 22

203, Peninsula One in numbers

  • Sold once: by Select Global Development on 26 May 2022 for AED 637,300, or AED 1,630 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 12.6%.
  • 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 5 March 2026.

Questions about 203, Peninsula One

What did unit 203 last sell for?

AED 637,300 on 26 May 2022, sold by the developer: AED 1,630 per sqft for 391 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 80,000 a year on the contract signed on 5 March 2026.

How big is unit 203?

391 sqft (36.3 sqm): a studio on the 2nd floor of a 35-storey tower completed in 2024.

What is unit 203 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 203, Peninsula One

Starts from the last sale price (AED 637K, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 637,300
Deposit, UAE resident (20%)
AED 127,460
Deposit, non-resident (40%)
AED 254,920
Monthly over 25 years at 3.7%
AED 2,607

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