503, Peninsula One
Sold prices and rental history: sold twice, last in October 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Peninsula One
What is 503 worth today?
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Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.04M · October 2024
- Building
- Peninsula One
About 503, Peninsula One
503 is a studio of 407 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 18 October 2024 for AED 1,040,000, or AED 2,553 per sqft, in line with the AED 2,512 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 5 July 2026, is AED 60,000 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the studio median of each year in the building.
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 503 sits
All 186 studios →503 last sold in October 2024 at AED 2,553 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 2,512). 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. 503's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 429 sqft | 1,190,000 | 2,777 | ||
| 8 Oct 20268 October 2026 | 437 sqft | 1,050,000 | 2,400 | ||
| 8 Sep 20268 September 2026 | 390 sqft | 1,130,000 | 2,900 | ||
| 7 May 20267 May 2026 | 390 sqft | 1,140,000 | 2,925 |
Peninsula One
Building518 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%
Other units on the 5th floor
All 518 units in Peninsula One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 671 sqft | AED 1.21MAED 1,213,900 · Jan 2022January 2022 | ||
| 502 | 2-bed | 898 sqft | AED 2.09MAED 2,085,000 · May 2025May 2025 | 135,000 /yr | |
| 504 | 1-bed | 632 sqft | AED 1.56MAED 1,555,000 · Jul 2026July 2026 | 98,000 /yr | |
| 505 | 2-bed | 948 sqft | AED 1.9MAED 1,900,000 · Jul 2023July 2023 | 165,000 /yr | |
| 506 | 1-bed | 663 sqft | AED 1.32MAED 1,320,000 · Sep 2023September 2023 | 110,000 /yr | |
| 507 | Studio | 417 sqft | AED 750KAED 750,000 · Jul 2022July 2022 | ||
| 508 | Studio | 425 sqft | AED 870KAED 870,000 · Feb 2023February 2023 | ||
| 509 | 2-bed | 912 sqft | AED 2.37MAED 2,370,000 · Sep 2025September 2025 | 155,000 /yr | |
| 510 | Studio | 410 sqft | AED 697KAED 696,700 · Feb 2022February 2022 | ||
| 511 | 1-bed | 614 sqft | AED 1.65MAED 1,650,000 · Jan 2025January 2025 | 100,000 /yr | |
| 512 | Studio | 390 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 87,000 /yr | |
| 513 | Studio | 385 sqft | AED 1.03MAED 1,030,000 · Jul 2025July 2025 | ||
| 514 | 1-bed | 564 sqft | AED 1.04MAED 1,036,600 · Jan 2022January 2022 | 110,000 /yr | |
| 501-A | 3-bed | 1,964 sqft | AED 3.78MAED 3,784,100 · May 2022May 2022 | ||
| 501-B | 2-bed | 1,241 sqft | AED 2.69MAED 2,690,000 · May 2025May 2025 | ||
| 502-A | 2-bed | 1,216 sqft | AED 3.05MAED 3,050,000 · Apr 2025April 2025 | 150,000 /yr | |
| 502-B | 1-bed | 826 sqft | AED 1.98MAED 1,980,000 · Oct 2022October 2022 | ||
| 503-A | 2-bed | 1,222 sqft | AED 3.1MAED 3,100,000 · May 2025May 2025 | ||
| 503-B | 2-bed | 1,222 sqft | AED 2.74MAED 2,740,000 · Aug 2024August 2024 | 190,000 /yr | |
| 504-A | 1-bed | 817 sqft | AED 2MAED 2,000,000 · Sep 2025September 2025 | 60,000 /yr | |
| 504-B | 2-bed | 1,216 sqft | AED 2.41MAED 2,409,600 · May 2022May 2022 | 190,000 /yr | |
| 505-A | 2-bed | 1,272 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | ||
| 505-B | 3-bed | 1,958 sqft | AED 3.77MAED 3,766,500 · May 2022May 2022 | 310,000 /yr |
503, Peninsula One in numbers
- Sold twice: first on 6 January 2022 for AED 646,000, last on 18 October 2024 for AED 1,040,000 (AED 2,553 per sqft).
- Rented since February 2026 on 2 Ejari contracts, from AED 75,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 5.8%.
- 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 5 July 2026.
Questions about 503, Peninsula One
What did unit 503 last sell for?
AED 1,040,000 on 18 October 2024: AED 2,553 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 646,000 in January 2022.
What is the rent for unit 503?
AED 60,000 a year on the contract signed on 5 July 2026. The previous contract, from February 2026, was AED 75,000.
How big is unit 503?
407 sqft (37.8 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.
What is unit 503 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 503, Peninsula One
Starts from the last sale price (AED 1.04M, 18 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,040,000
- Deposit, UAE resident (20%)
- AED 208,000
- Deposit, non-resident (40%)
- AED 416,000
- Monthly over 25 years at 3.7%
- AED 4,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →