2-bed · 1,216 sqftPeninsula One, Business Bay · 5th floor · completed 2024

502-A, Peninsula One

Sold prices and rental history: sold twice, last in April 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502-A · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 3.05M23 April 2025
Current rentAED 150K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502-A, Peninsula One

What is 502-A worth today?

Last sold for AED 3,050,000 in 2025

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1 May 2026RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
23 Apr 2025SoldOff-plan
AED 3,050,000AED 2,508 per sqft
22 May 2022Sold by developerOff-plan
AED 2,409,900AED 1,981 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
5th of 35
Parking
B1-61
Developer
Select Global Development
Completed
2024
Last sold
AED 3.05M · April 2025

About 502-A, Peninsula One

502-A is a two-bedroom apartment of 1,216 sqft on the 5th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 23 April 2025 for AED 3,050,000, or AED 2,508 per sqft, 10% above the AED 2,287 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 150,000 a year: a gross yield of 4.9% on the 2025 price.

Sales and rents for 502-A over time

Sales
Unit 502-A, each saleTypical two-bed in Peninsula One
2M3M202220242026Typical 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, May 2022: AED 2,409,900 (AED 1,981 per sqft)Sold, April 2025: AED 3,050,000 (AED 2,508 per sqft)

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

Rents
Unit 502-A, each contractTypical two-bed in Peninsula One
160K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, May 2026: AED 150,000 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 502-A sits

All 141 2-beds →

502-A last sold in April 2025 at AED 2,508 per sqft, 10% above what two-beds in Peninsula One were fetching at the time (AED 2,287). 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. 502-A's AED 150,000 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 5th floor

All 518 units in Peninsula One
Value
5011-bedAED 1.21M · Jan 2022
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
1–7 of 23

502-A, Peninsula One in numbers

  • Sold twice: first on 22 May 2022 for AED 2,409,900, last on 23 April 2025 for AED 3,050,000 (AED 2,508 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 4.9%.
  • 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 1 May 2026.

Questions about 502-A, Peninsula One

What did unit 502-A last sell for?

AED 3,050,000 on 23 April 2025: AED 2,508 per sqft for 1,216 sqft. The unit has 2 registered sales; the first was AED 2,409,900 in May 2022.

What is the rent for unit 502-A?

AED 150,000 a year on the contract signed on 1 May 2026.

How big is unit 502-A?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 502-A 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.

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Mortgage on 502-A, Peninsula One

Starts from the last sale price (AED 3.05M, 23 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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