Studio · 433 sqftPeninsula One, Business Bay · 3rd floor · completed 2024

306, Peninsula One

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

Unit 306 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 980K4 April 2024
Current rentAED 75K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Peninsula One

What is 306 worth today?

Last sold for AED 980,000 in 2024

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28 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
30 Dec 2025RentedNew contract
AED 120,000/yr12 months · AED 275 per sqft
30 Dec 2025RentedNew contract
AED 120,000/yr12 months · AED 277 per sqft
4 Apr 2024SoldOff-plan
AED 980,000AED 2,264 per sqft
28 Feb 2022Sold by developerOff-plan
AED 666,900AED 1,541 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
3rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 980K · April 2024

About 306, Peninsula One

306 is a studio of 433 sqft on the 3rd floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 4 April 2024 for AED 980,000, or AED 2,264 per sqft, in line with the AED 2,307 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 28 September 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2024 price.

Sales and rents for 306 over time

Sales
Unit 306, 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 666,900 (AED 1,541 per sqft)Sold, April 2024: AED 980,000 (AED 2,264 per sqft)

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

Rents
Unit 306, each contractTypical studio in Peninsula One
75K100K125K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, December 2025: AED 120,000 a yearNew contract, December 2025: AED 120,000 a yearNew contract, September 2026: AED 75,000 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 306 sits

All 186 studios →

306 last sold in April 2024 at AED 2,264 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 2,307). 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. 306's AED 75,000 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 3rd floor

All 518 units in Peninsula One
Value
3011-bedAED 1.4M · May 2023
302StudioAED 850K · Dec 2023
3031-bedAED 986K · Feb 2022
3042-bedAED 1.86M · Dec 2025
3051-bedAED 1.04M · Feb 2022
307StudioAED 672K · Jan 2022
3082-bedAED 1.74M · Jan 2024
1–7 of 23

306, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 666,900, last on 4 April 2024 for AED 980,000 (AED 2,264 per sqft).
  • Rented since December 2025 on 3 Ejari contracts, from AED 120,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.6%.
  • 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 28 September 2026.

Questions about 306, Peninsula One

What did unit 306 last sell for?

AED 980,000 on 4 April 2024: AED 2,264 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 666,900 in February 2022.

What is the rent for unit 306?

AED 75,000 a year on the contract signed on 28 September 2026. The previous contract, from December 2025, was AED 120,000; the unit has been rented since December 2025.

How big is unit 306?

433 sqft (40.2 sqm): a studio on the 3rd floor of a 35-storey tower completed in 2024.

What is unit 306 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 306, Peninsula One

Starts from the last sale price (AED 980K, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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