1-bed · 826 sqftPeninsula One, Business Bay · 5th floor · completed 2024

502-B, Peninsula One

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502-B · DLD and Ejari recordsUpdated 3 October 2022
Last soldAED 1.98M3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502-B, Peninsula One

What is 502-B worth today?

Last sold for AED 1,980,000 in 2022

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3 Oct 2022SoldOff-plan
AED 1,980,000AED 2,396 per sqft
22 May 2022Sold by developerOff-plan
AED 1,674,400AED 2,026 per sqft

Source: Dubai Land Department. Updated 3 October 2022.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.98M · October 2022

About 502-B, Peninsula One

502-B is a one-bedroom apartment of 826 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 3 October 2022 for AED 1,980,000, or AED 2,396 per sqft, 31% above the AED 1,834 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502-B over time

Sales
Unit 502-B, each saleTypical one-bed in Peninsula One
1.5M2M202220242026Typical 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, May 2022: AED 1,674,400 (AED 2,026 per sqft)Sold, October 2022: AED 1,980,000 (AED 2,396 per sqft)

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

Rents
Unit 502-B, 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 502-B sits

All 182 1-beds →

502-B last sold in October 2022 at AED 2,396 per sqft, 31% above what one-beds in Peninsula One were fetching at the time (AED 1,834). 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
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-B, Peninsula One in numbers

  • Sold twice: first on 22 May 2022 for AED 1,674,400, last on 3 October 2022 for AED 1,980,000 (AED 2,396 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 3 October 2022.

Questions about 502-B, Peninsula One

What did unit 502-B last sell for?

AED 1,980,000 on 3 October 2022: AED 2,396 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 1,674,400 in May 2022.

How big is unit 502-B?

826 sqft (76.7 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 502-B 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 502-B, Peninsula One

Starts from the last sale price (AED 1.98M, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

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