Studio · 429 sqftPeninsula One, Business Bay · 35th floor · completed 2024

3508, Peninsula One

Sold prices and rental history: sold once, by the developer in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 829K10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Peninsula One

What is 3508 worth today?

Last sold for AED 828,800 in 2022

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10 Feb 2022Sold by developerOff-plan
AED 828,800AED 1,934 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
35th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 829K · February 2022

About 3508, Peninsula One

3508 is a studio of 429 sqft on the 35th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 10 February 2022 for AED 828,800, or AED 1,934 per sqft, 7% above the AED 1,811 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3508 over time

Sales
Unit 3508, each saleTypical studio in Peninsula One
800K1M1.2M202220242026Typical 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 828,800 (AED 1,934 per sqft)

3508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3508, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000

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 3508 sits

All 186 studios →

3508 last sold in February 2022 at AED 1,934 per sqft, 7% above what studios in Peninsula One were fetching at the time (AED 1,811). 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.

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 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
35052-bedAED 2.2M · Sep 2024
35061-bedAED 1.75M · May 2025
3507StudioAED 1.19M · May 2025
1–7 of 13

3508, Peninsula One in numbers

  • Sold once: by Select Global Development on 10 February 2022 for AED 828,800, or AED 1,934 per sqft.
  • 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 10 February 2022.

Questions about 3508, Peninsula One

What did unit 3508 last sell for?

AED 828,800 on 10 February 2022, sold by the developer: AED 1,934 per sqft for 429 sqft. It is the only registered sale of the unit.

How big is unit 3508?

429 sqft (39.9 sqm): a studio on the 35th floor of a 35-storey tower completed in 2024.

What is unit 3508 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 3508, Peninsula One

Starts from the last sale price (AED 829K, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 828,800
Deposit, UAE resident (20%)
AED 165,760
Deposit, non-resident (40%)
AED 331,520
Monthly over 25 years at 3.7%
AED 3,391

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