1-bed · 671 sqftPeninsula One, Business Bay · 5th floor · completed 2024

501, Peninsula One

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

Unit 501 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 1.21M25 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Peninsula One

What is 501 worth today?

Last sold for AED 1,213,900 in 2022

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25 Jan 2022Sold by developerOff-plan
AED 1,213,900AED 1,807 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.21M · January 2022

About 501, Peninsula One

501 is a one-bedroom apartment of 671 sqft on the 5th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 25 January 2022 for AED 1,213,900, or AED 1,807 per sqft, 5% above the AED 1,715 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Peninsula One
1.5M202220242026Typical sale price by year: 2022 AED 1,163,050; 2023 AED 1,310,000; 2024 AED 1,530,000; 2025 AED 1,700,000; 2026 AED 1,720,000Sold by developer, January 2022: AED 1,213,900 (AED 1,807 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Peninsula One
117K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500

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

1-beds in Peninsula One, and where 501 sits

All 182 1-beds →

501 last sold in January 2022 at AED 1,807 per sqft, 5% above what one-beds in Peninsula One were fetching at the time (AED 1,715). Over the last 12 months one-beds sold for AED 1,555,000 to 3,365,000, around AED 2,797 per sqft, and rent for AED 82,000 to 195,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,100,000
16 Oct 20261,800,000
13 Aug 20261,700,000
28 Jul 20261,555,000
24 1-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 5th floor

All 518 units in Peninsula One
Value
5022-bedAED 2.09M · May 2025
503StudioAED 1.04M · Oct 2024
5041-bedAED 1.56M · Jul 2026
5052-bedAED 1.9M · Jul 2023
5061-bedAED 1.32M · Sep 2023
507StudioAED 750K · Jul 2022
508StudioAED 870K · Feb 2023
1–7 of 23

501, Peninsula One in numbers

  • Sold once: by Select Global Development on 25 January 2022 for AED 1,213,900, or AED 1,807 per sqft.
  • One-beds in Peninsula One sold for AED 1,555,000–3,365,000 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 25 January 2022.

Questions about 501, Peninsula One

What did unit 501 last sell for?

AED 1,213,900 on 25 January 2022, sold by the developer: AED 1,807 per sqft for 671 sqft. It is the only registered sale of the unit.

How big is unit 501?

671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula One sold for AED 1,555,000 to 3,365,000 in the last 12 months, around AED 2,797 per sqft.

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Mortgage on 501, Peninsula One

Starts from the last sale price (AED 1.21M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,213,900
Deposit, UAE resident (20%)
AED 242,780
Deposit, non-resident (40%)
AED 485,560
Monthly over 25 years at 3.7%
AED 4,966

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