Studio · 407 sqftPeninsula One, Business Bay · 23rd floor · completed 2024

2303, Peninsula One

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 684K24 May 2024
Current rentAED 85K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Peninsula One

What is 2303 worth today?

Last sold for AED 683,808 in 2024

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1 Nov 2025RentedNew contract
AED 84,765/yr12 months · AED 207 per sqft
24 May 2024Sold by developerOff-plan
AED 683,808AED 1,678 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
23rd of 35
Parking
F1-79
Developer
Select Global Development
Completed
2024
Last sold
AED 684K · May 2024

About 2303, Peninsula One

2303 is a studio of 407 sqft on the 23rd floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 24 May 2024 for AED 683,808, or AED 1,678 per sqft, 27% below the AED 2,312 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2025. The current contract, signed on 1 November 2025, is AED 84,765 a year: a gross yield of 12.4% on the 2024 price.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical studio in Peninsula One
750K1M1.25M202220242026Typical 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 2024: AED 683,808 (AED 1,678 per sqft)

2303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2303, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, November 2025: AED 84,765 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 2303 sits

All 186 studios →

2303 last sold in May 2024 at AED 1,678 per sqft, 27% below what studios in Peninsula One were fetching at the time (AED 2,312). 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. 2303's AED 84,765 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 23rd floor

All 518 units in Peninsula One
Value
23011-bedAED 1.27M · Jan 2022
23022-bedAED 1.68M · May 2024
23041-bedAED 1.04M · May 2024
23052-bedAED 1.8M · Mar 2023
23061-bedAED 1.08M · Jan 2022
2307StudioAED 965K · Nov 2023
2308StudioAED 970K · Nov 2023
1–7 of 13

2303, Peninsula One in numbers

  • Sold once: by Select Global Development on 24 May 2024 for AED 683,808, or AED 1,678 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 84,765 a year.
  • At AED 84,765 a year the gross yield on the 2024 price is 12.4%.
  • 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 November 2025.

Questions about 2303, Peninsula One

What did unit 2303 last sell for?

AED 683,808 on 24 May 2024, sold by the developer: AED 1,678 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 84,765 a year on the contract signed on 1 November 2025.

How big is unit 2303?

407 sqft (37.8 sqm): a studio on the 23rd floor of a 35-storey tower completed in 2024.

What is unit 2303 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 2303, Peninsula One

Starts from the last sale price (AED 684K, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 683,808
Deposit, UAE resident (20%)
AED 136,762
Deposit, non-resident (40%)
AED 273,523
Monthly over 25 years at 3.7%
AED 2,798

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