2-bed · 950 sqftPeninsula One, Business Bay · 35th floor · completed 2024

3505, Peninsula One

Sold prices and rental history: sold 3 times, last in September 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 3505 · DLD and Ejari recordsUpdated 11 January 2026
Last soldAED 2.2M17 September 2024
Current rentAED 165K /yr11 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, Peninsula One

What is 3505 worth today?

Last sold for AED 2,200,000 in 2024

Unlock today's estimate, updated daily, with

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

11 Jan 2026RentedNew contract
AED 165,000/yr12 months · AED 174 per sqft
17 Sep 2024SoldOff-plan
AED 2,200,000AED 2,319 per sqft
15 Feb 2024SoldOff-plan
AED 1,930,000AED 2,034 per sqft
21 Mar 2022Sold by developerOff-plan
AED 1,745,800AED 1,840 per sqft

Source: Dubai Land Department. Updated 11 January 2026.

Key facts

Type
2-bed apartment
Size
950 sqft
Floor
35th of 35
Parking
F1-52
Developer
Select Global Development
Completed
2024
Last sold
AED 2.2M · September 2024

About 3505, Peninsula One

3505 is a two-bedroom apartment of 950 sqft on the 35th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 17 September 2024 for AED 2,200,000, or AED 2,319 per sqft, 6% above the AED 2,188 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 January 2026. The current contract, signed on 11 January 2026, is AED 165,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 3505 over time

Sales
Unit 3505, 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 1,745,800 (AED 1,840 per sqft)Sold, February 2024: AED 1,930,000 (AED 2,034 per sqft)Sold, September 2024: AED 2,200,000 (AED 2,319 per sqft)

3505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3505, each contractTypical two-bed in Peninsula One
170K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, January 2026: AED 165,000 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 3505 sits

All 141 2-beds →

3505 last sold in September 2024 at AED 2,319 per sqft, 6% above what two-beds in Peninsula One were fetching at the time (AED 2,188). 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. 3505's AED 165,000 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 35th floor

All 518 units in Peninsula One
Value
35011-bedAED 1.65M · May 2025
35022-bedAED 2.6M · Jan 2026
3503StudioAED 1.13M · May 2025
35041-bedAED 1.16M · Mar 2022
35061-bedAED 1.75M · May 2025
3507StudioAED 1.19M · May 2025
3508StudioAED 829K · Feb 2022
1–7 of 13

3505, Peninsula One in numbers

  • Sold 3 times: first on 21 March 2022 for AED 1,745,800, last on 17 September 2024 for AED 2,200,000 (AED 2,319 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 11 January 2026.

Questions about 3505, Peninsula One

What did unit 3505 last sell for?

AED 2,200,000 on 17 September 2024: AED 2,319 per sqft for 950 sqft. The unit has 3 registered sales; the first was AED 1,745,800 in March 2022.

What is the rent for unit 3505?

AED 165,000 a year on the contract signed on 11 January 2026.

How big is unit 3505?

950 sqft (88.3 sqm): a two-bedroom apartment on the 35th floor of a 35-storey tower completed in 2024.

What is unit 3505 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 3505? 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 3505, Peninsula One

Starts from the last sale price (AED 2.2M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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