2-bed · 899 sqftPeninsula One, Business Bay · 29th floor · completed 2024

2902, Peninsula One

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 6 July 2026
Last soldAED 1.8M15 March 2022
Current rentAED 164K /yr6 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Peninsula One

What is 2902 worth today?

Last sold for AED 1,801,500 in 2022

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6 Jul 2026RentedNew contract
AED 164,000/yr12 months · AED 181 per sqft
15 Mar 2022Sold by developerOff-plan
AED 1,801,500AED 2,004 per sqft

Source: Dubai Land Department. Updated 6 July 2026.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
29th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.8M · March 2022

About 2902, Peninsula One

2902 is a two-bedroom apartment of 899 sqft on the 29th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 15 March 2022 for AED 1,801,500, or AED 2,004 per sqft, 13% above the AED 1,771 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 July 2026. The current contract, signed on 6 July 2026, is AED 164,000 a year: a gross yield of 9.1% on the 2022 price.

Sales and rents for 2902 over time

Sales
Unit 2902, each saleTypical two-bed in Peninsula One
2M2.5M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, March 2022: AED 1,801,500 (AED 2,004 per sqft)

2902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in Peninsula One
170K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, July 2026: AED 164,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula One, and where 2902 sits

All 141 2-beds →

2902 last sold in March 2022 at AED 2,004 per sqft, 13% above what two-beds in Peninsula One were fetching at the time (AED 1,771). Over the last 12 months two-beds sold for AED 1,812,829 to 4,500,000, around AED 2,456 per sqft, and rent for AED 125,000 to 350,000 a year. 2902's AED 164,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-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 29th floor

All 518 units in Peninsula One
Value
29011-bedAED 1.62M · Apr 2025
2903StudioAED 733K · Feb 2022
29041-bedAED 1.49M · Jun 2022
29052-bedAED 1.69M · Mar 2022
29061-bedAED 1.9M · Nov 2025
2907StudioAED 920K · Sep 2022
2908StudioAED 805K · Jan 2022
1–7 of 13

2902, Peninsula One in numbers

  • Sold once: by Select Global Development on 15 March 2022 for AED 1,801,500, or AED 2,004 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 164,000 a year.
  • At AED 164,000 a year the gross yield on the 2022 price is 9.1%.
  • Two-beds in Peninsula One sold for AED 1,812,829–4,500,000 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 6 July 2026.

Questions about 2902, Peninsula One

What did unit 2902 last sell for?

AED 1,801,500 on 15 March 2022, sold by the developer: AED 2,004 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 164,000 a year on the contract signed on 6 July 2026.

How big is unit 2902?

899 sqft (83.5 sqm): a two-bedroom apartment on the 29th floor of a 35-storey tower completed in 2024.

What is unit 2902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,812,829 to 4,500,000 in the last 12 months, around AED 2,456 per sqft.

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Mortgage on 2902, Peninsula One

Starts from the last sale price (AED 1.8M, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,801,500
Deposit, UAE resident (20%)
AED 360,300
Deposit, non-resident (40%)
AED 720,600
Monthly over 25 years at 3.7%
AED 7,370

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