2-bed · 1,222 sqftPeninsula One, Business Bay · 5th floor · completed 2024

503-B, Peninsula One

Sold prices and rental history: sold twice, last in August 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503-B · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 2.74M27 August 2024
Current rentAED 190K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503-B, Peninsula One

What is 503-B worth today?

Last sold for AED 2,740,000 in 2024

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1 Jun 2026RentedNew contract
AED 190,000/yr12 months · AED 156 per sqft
27 Aug 2024SoldOff-plan
AED 2,740,000AED 2,241 per sqft
10 Jan 2022Sold by developerOff-plan
AED 2,423,000AED 1,982 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,222 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.74M · August 2024

About 503-B, Peninsula One

503-B is a two-bedroom apartment of 1,222 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 27 August 2024 for AED 2,740,000, or AED 2,241 per sqft, in line with the AED 2,181 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2026. The current contract, signed on 1 June 2026, is AED 190,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 503-B over time

Sales
Unit 503-B, each saleTypical two-bed in Peninsula One
2M2.5M202220242026Typical 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, January 2022: AED 2,423,000 (AED 1,982 per sqft)Sold, August 2024: AED 2,740,000 (AED 2,241 per sqft)

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

Rents
Unit 503-B, each contractTypical two-bed in Peninsula One
170K180K190K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, June 2026: AED 190,000 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 503-B sits

All 141 2-beds →

503-B last sold in August 2024 at AED 2,241 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 2,181). 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. 503-B's AED 190,000 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

503-B, Peninsula One in numbers

  • Sold twice: first on 10 January 2022 for AED 2,423,000, last on 27 August 2024 for AED 2,740,000 (AED 2,241 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2024 price is 6.9%.
  • 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 June 2026.

Questions about 503-B, Peninsula One

What did unit 503-B last sell for?

AED 2,740,000 on 27 August 2024: AED 2,241 per sqft for 1,222 sqft. The unit has 2 registered sales; the first was AED 2,423,000 in January 2022.

What is the rent for unit 503-B?

AED 190,000 a year on the contract signed on 1 June 2026.

How big is unit 503-B?

1,222 sqft (113.5 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 503-B 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 503-B, Peninsula One

Starts from the last sale price (AED 2.74M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,740,000
Deposit, UAE resident (20%)
AED 548,000
Deposit, non-resident (40%)
AED 1,096,000
Monthly over 25 years at 3.7%
AED 11,210

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