2304, Peninsula One
Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Peninsula One
What is 2304 worth today?
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Source: Dubai Land Department. Updated 22 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 23rd of 35
- Parking
- F1-61
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.04M · May 2024
- Building
- Peninsula One
About 2304, Peninsula One
2304 is a one-bedroom apartment of 635 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 1,044,576, or AED 1,645 per sqft, 29% below the AED 2,304 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 22 May 2026, is AED 170,000 a year: a gross yield of 16.3% on the 2024 price.
Sales and rents for 2304 over time
2304 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula One, and where 2304 sits
All 182 1-beds →2304 last sold in May 2024 at AED 1,645 per sqft, 29% below what one-beds in Peninsula One were fetching at the time (AED 2,304). Over the last 12 months one-beds sold for AED 1,555,000 to 3,365,000, around AED 2,797 per sqft, and rent for AED 82,000 to 195,000 a year. 2304's AED 170,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,029 sqft | 2,100,000 | 2,041 | ||
| 16 Oct 202616 October 2026 | 671 sqft | 1,800,000 | 2,681 | ||
| 13 Aug 202613 August 2026 | 671 sqft | 1,700,000 | 2,532 | ||
| 28 Jul 202628 July 2026 | 632 sqft | 1,555,000 | 2,460 |
Peninsula One
Building518 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%
Other units on the 23rd floor
All 518 units in Peninsula One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 674 sqft | AED 1.27MAED 1,268,256 · Jan 2022January 2022 | 100,000 /yr | |
| 2302 | 2-bed | 904 sqft | AED 1.68MAED 1,677,984 · May 2024May 2024 | 185,000 /yr | |
| 2303 | Studio | 407 sqft | AED 684KAED 683,808 · May 2024May 2024 | 84,765 /yr | |
| 2305 | 2-bed | 949 sqft | AED 1.8MAED 1,800,000 · Mar 2023March 2023 | 185,000 /yr | |
| 2306 | 1-bed | 664 sqft | AED 1.08MAED 1,083,840 · Jan 2022January 2022 | 115,000 /yr | |
| 2307 | Studio | 417 sqft | AED 965KAED 965,000 · Nov 2023November 2023 | 85,000 /yr | |
| 2308 | Studio | 429 sqft | AED 970KAED 970,000 · Nov 2023November 2023 | 65,000 /yr | |
| 2309 | 2-bed | 915 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 140,000 /yr | |
| 2310 | Studio | 411 sqft | AED 755KAED 754,656 · Mar 2023March 2023 | ||
| 2311 | 1-bed | 614 sqft | AED 1.16MAED 1,163,712 · May 2024May 2024 | 115,000 /yr | |
| 2312 | Studio | 390 sqft | AED 1.15MAED 1,150,000 · May 2025May 2025 | ||
| 2313 | Studio | 385 sqft | AED 950KAED 950,000 · Dec 2023December 2023 | 85,000 /yr | |
| 2314 | 1-bed | 570 sqft | AED 1.3MAED 1,300,000 · Jan 2023January 2023 |
2304, Peninsula One in numbers
- Sold once: by Select Global Development on 24 May 2024 for AED 1,044,576, or AED 1,645 per sqft.
- Rented since December 2025 on 2 Ejari contracts, from AED 115,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 16.3%.
- One-beds in Peninsula One sold for AED 1,555,000–3,365,000 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 22 May 2026.
Questions about 2304, Peninsula One
What did unit 2304 last sell for?
AED 1,044,576 on 24 May 2024, sold by the developer: AED 1,645 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 170,000 a year on the contract signed on 22 May 2026. The previous contract, from December 2025, was AED 115,000.
How big is unit 2304?
635 sqft (59.0 sqm): a one-bedroom apartment on the 23rd floor of a 35-storey tower completed in 2024.
What is unit 2304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula One sold for AED 1,555,000 to 3,365,000 in the last 12 months, around AED 2,797 per sqft.
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Mortgage on 2304, Peninsula One
Starts from the last sale price (AED 1.04M, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,044,576
- Deposit, UAE resident (20%)
- AED 208,915
- Deposit, non-resident (40%)
- AED 417,830
- Monthly over 25 years at 3.7%
- AED 4,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →