Studio · 407 sqftPeninsula One, Business Bay · 28th floor · completed 2024

2803, Peninsula One

Sold prices and rental history: sold twice, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 1.09M15 October 2024
Current rentAED 70K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Peninsula One

What is 2803 worth today?

Last sold for AED 1,085,000 in 2024

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7 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 176 per sqft
7 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 176 per sqft
15 Oct 2024SoldOff-plan
AED 1,085,000AED 2,663 per sqft
7 Feb 2022Sold by developerOff-plan
AED 729,500AED 1,790 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
28th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.09M · October 2024

About 2803, Peninsula One

2803 is a studio of 407 sqft on the 28th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 15 October 2024 for AED 1,085,000, or AED 2,663 per sqft, 6% above the AED 2,507 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 70,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, February 2022: AED 729,500 (AED 1,790 per sqft)Sold, October 2024: AED 1,085,000 (AED 2,663 per sqft)

2803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2803, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, October 2025: AED 70,000 a yearRenewal, October 2026: AED 70,000 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 2803 sits

All 186 studios →

2803 last sold in October 2024 at AED 2,663 per sqft, 6% above what studios in Peninsula One were fetching at the time (AED 2,507). 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. 2803's AED 70,000 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 28th floor

All 518 units in Peninsula One
Value
28011-bedAED 1.35M · Feb 2022
28022-bedAED 2.1M · Feb 2025
28041-bedAED 1.2M · Nov 2022
28052-bedAED 1.68M · May 2022
28061-bedAED 1.7M · May 2025
2807StudioAED 781K · Feb 2022
2808StudioAED 1M · Apr 2023
1–7 of 13

2803, Peninsula One in numbers

  • Sold twice: first on 7 February 2022 for AED 729,500, last on 15 October 2024 for AED 1,085,000 (AED 2,663 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.5%.
  • 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 7 October 2026.

Questions about 2803, Peninsula One

What did unit 2803 last sell for?

AED 1,085,000 on 15 October 2024: AED 2,663 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 729,500 in February 2022.

What is the rent for unit 2803?

AED 70,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2025, was AED 70,000.

How big is unit 2803?

407 sqft (37.8 sqm): a studio on the 28th floor of a 35-storey tower completed in 2024.

What is unit 2803 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 2803, Peninsula One

Starts from the last sale price (AED 1.09M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

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