Studio · 407 sqftPeninsula One, Business Bay · 26th floor · completed 2024

2603, Peninsula One

Sold prices and rental history: sold 4 times, last in April 2025, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1M25 April 2025
Current rentAED 100K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Peninsula One

What is 2603 worth today?

Last sold for AED 1,000,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedNew contract
AED 99,723/yr12 months · AED 244 per sqft
25 Apr 2025SoldOff-plan
AED 1,000,000AED 2,454 per sqft
7 Mar 2024SoldOff-plan
AED 1,100,000AED 2,699 per sqft
15 Dec 2022SoldOff-plan
AED 810,000AED 1,988 per sqft
10 Jan 2022Sold by developerOff-plan
AED 711,761AED 1,747 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
26th of 35
Parking
F1-80
Developer
Select Global Development
Completed
2024
Last sold
AED 1M · April 2025

About 2603, Peninsula One

2603 is a studio of 407 sqft on the 26th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 25 April 2025 for AED 1,000,000, or AED 2,454 per sqft, 8% below the AED 2,672 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 99,723 a year: a gross yield of 10.0% on the 2025 price.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, January 2022: AED 711,761 (AED 1,747 per sqft)Sold, December 2022: AED 810,000 (AED 1,988 per sqft)Sold, March 2024: AED 1,100,000 (AED 2,699 per sqft)Sold, April 2025: AED 1,000,000 (AED 2,454 per sqft)

2603 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2603, each contractTypical studio in Peninsula One
80K100K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, November 2025: AED 99,723 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 2603 sits

All 186 studios →

2603 last sold in April 2025 at AED 2,454 per sqft, 8% below what studios in Peninsula One were fetching at the time (AED 2,672). 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. 2603's AED 99,723 is in the upper 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 26th floor

All 518 units in Peninsula One
Value
26011-bedAED 1.43M · Dec 2022
26022-bedAED 2.2M · Mar 2025
26041-bedAED 1.47M · Apr 2024
26052-bedAED 2.4M · Oct 2026
26061-bedAED 1.24M · Dec 2022
2607StudioAED 833K · Dec 2022
2608StudioAED 1.15M · Jan 2025
1–7 of 13

2603, Peninsula One in numbers

  • Sold 4 times: first on 10 January 2022 for AED 711,761, last on 25 April 2025 for AED 1,000,000 (AED 2,454 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 99,723 a year.
  • At AED 99,723 a year the gross yield on the 2025 price is 10.0%.
  • 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 2603, Peninsula One

What did unit 2603 last sell for?

AED 1,000,000 on 25 April 2025: AED 2,454 per sqft for 407 sqft. The unit has 4 registered sales; the first was AED 711,761 in January 2022.

What is the rent for unit 2603?

AED 99,723 a year on the contract signed on 1 November 2025.

How big is unit 2603?

407 sqft (37.8 sqm): a studio on the 26th floor of a 35-storey tower completed in 2024.

What is unit 2603 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.

Selling 2603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2603, Peninsula One

Starts from the last sale price (AED 1M, 25 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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