2-bed · 922 sqftPeninsula One, Business Bay · 3rd floor · completed 2024

308, Peninsula One

Sold prices and rental history: sold twice, last in January 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 29 January 2026
Last soldAED 1.74M12 January 2024
Current rentAED 175K /yr29 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Peninsula One

What is 308 worth today?

Last sold for AED 1,740,000 in 2024

Unlock today's estimate, updated daily, with

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

29 Jan 2026RentedNew contract
AED 175,000/yr12 months · AED 189 per sqft
12 Jan 2024SoldOff-plan
AED 1,740,000AED 1,886 per sqft
10 Mar 2022Sold by developerOff-plan
AED 1,396,900AED 1,514 per sqft

Source: Dubai Land Department. Updated 29 January 2026.

Key facts

Type
2-bed apartment
Size
922 sqft
Floor
3rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.74M · January 2024

About 308, Peninsula One

308 is a two-bedroom apartment of 922 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 12 January 2024 for AED 1,740,000, or AED 1,886 per sqft, 6% below the AED 2,002 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 January 2026. The current contract, signed on 29 January 2026, is AED 175,000 a year: a gross yield of 10.1% on the 2024 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Peninsula One
2M202220242026Typical 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 1,396,900 (AED 1,514 per sqft)Sold, January 2024: AED 1,740,000 (AED 1,886 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Peninsula One
175K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, January 2026: AED 175,000 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 308 sits

All 141 2-beds →

308 last sold in January 2024 at AED 1,886 per sqft, 6% below what two-beds in Peninsula One were fetching at the time (AED 2,002). 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. 308's AED 175,000 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 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
306StudioAED 980K · Apr 2024
307StudioAED 672K · Jan 2022
1–7 of 23

308, Peninsula One in numbers

  • Sold twice: first on 10 March 2022 for AED 1,396,900, last on 12 January 2024 for AED 1,740,000 (AED 1,886 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 10.1%.
  • 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 29 January 2026.

Questions about 308, Peninsula One

What did unit 308 last sell for?

AED 1,740,000 on 12 January 2024: AED 1,886 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 1,396,900 in March 2022.

What is the rent for unit 308?

AED 175,000 a year on the contract signed on 29 January 2026.

How big is unit 308?

922 sqft (85.7 sqm): a two-bedroom apartment on the 3rd floor of a 35-storey tower completed in 2024.

What is unit 308 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.

Selling 308? 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 308, Peninsula One

Starts from the last sale price (AED 1.74M, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

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