1-bed · 570 sqftPeninsula One, Business Bay · 23rd floor · completed 2024

2314, Peninsula One

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2314 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 1.3M18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2314, Peninsula One

What is 2314 worth today?

Last sold for AED 1,300,000 in 2023

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18 Jan 2023SoldOff-plan
AED 1,300,000AED 2,280 per sqft
25 Oct 2022Sold by developerOff-plan
AED 1,092,384AED 1,916 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
1-bed apartment
Size
570 sqft
Floor
23rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.3M · January 2023

About 2314, Peninsula One

2314 is a one-bedroom apartment of 570 sqft on the 23rd floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 18 January 2023 for AED 1,300,000, or AED 2,280 per sqft, 22% above the AED 1,864 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2314 over time

Sales
Unit 2314, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical sale price by year: 2022 AED 1,163,050; 2023 AED 1,310,000; 2024 AED 1,530,000; 2025 AED 1,700,000; 2026 AED 1,720,000Sold by developer, October 2022: AED 1,092,384 (AED 1,916 per sqft)Sold, January 2023: AED 1,300,000 (AED 2,280 per sqft)

2314 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2314, each contractTypical one-bed in Peninsula One
117K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500

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 2314 sits

All 182 1-beds →

2314 last sold in January 2023 at AED 2,280 per sqft, 22% above what one-beds in Peninsula One were fetching at the time (AED 1,864). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,100,000
16 Oct 20261,800,000
13 Aug 20261,700,000
28 Jul 20261,555,000
24 1-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 23rd floor

All 518 units in Peninsula One
Value
23011-bedAED 1.27M · Jan 2022
23022-bedAED 1.68M · May 2024
2303StudioAED 684K · May 2024
23041-bedAED 1.04M · May 2024
23052-bedAED 1.8M · Mar 2023
23061-bedAED 1.08M · Jan 2022
2307StudioAED 965K · Nov 2023
1–7 of 13

2314, Peninsula One in numbers

  • Sold twice: first on 25 October 2022 for AED 1,092,384, last on 18 January 2023 for AED 1,300,000 (AED 2,280 per sqft).
  • 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 18 January 2023.

Questions about 2314, Peninsula One

What did unit 2314 last sell for?

AED 1,300,000 on 18 January 2023: AED 2,280 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 1,092,384 in October 2022.

How big is unit 2314?

570 sqft (53.0 sqm): a one-bedroom apartment on the 23rd floor of a 35-storey tower completed in 2024.

What is unit 2314 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 2314, Peninsula One

Starts from the last sale price (AED 1.3M, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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