1-bed · 632 sqftPeninsula One, Business Bay · 5th floor · completed 2024

504, Peninsula One

Sold prices and rental history: sold 3 times, last in July 2026, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 1.56M28 July 2026
Current rentAED 98K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Peninsula One

What is 504 worth today?

Last sold for AED 1,555,000 in 2026

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4 Sep 2026RentedNew contract
AED 98,000/yr12 months · AED 154 per sqft
28 Jul 2026SoldReady
AED 1,555,000AED 2,460 per sqft
10 Feb 2023SoldOff-plan
AED 1,200,000AED 1,899 per sqft
25 Jan 2022Sold by developerOff-plan
AED 990,800AED 1,568 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
5th of 35
Parking
B2-87
Developer
Select Global Development
Completed
2024
Last sold
AED 1.56M · July 2026

About 504, Peninsula One

504 is a one-bedroom apartment of 632 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 28 July 2026 for AED 1,555,000, or AED 2,460 per sqft, 11% below the AED 2,776 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2026. The current contract, signed on 4 September 2026, is AED 98,000 a year: a gross yield of 6.3% on the 2026 price.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical 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 990,800 (AED 1,568 per sqft)Sold, February 2023: AED 1,200,000 (AED 1,899 per sqft)Sold, July 2026: AED 1,555,000 (AED 2,460 per sqft)

504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Peninsula One
100K110K120K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, September 2026: AED 98,000 a year

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 504 sits

All 182 1-beds →

504 last sold in July 2026 at AED 2,460 per sqft, 11% below what one-beds in Peninsula One were fetching at the time (AED 2,776). 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. 504's AED 98,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,100,000
16 Oct 20261,800,000
13 Aug 20261,700,000
12 Jun 20261,635,000
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
5052-bedAED 1.9M · Jul 2023
5061-bedAED 1.32M · Sep 2023
507StudioAED 750K · Jul 2022
508StudioAED 870K · Feb 2023
1–7 of 23

504, Peninsula One in numbers

  • Sold 3 times: first on 25 January 2022 for AED 990,800, last on 28 July 2026 for AED 1,555,000 (AED 2,460 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2026 price is 6.3%.
  • 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 4 September 2026.

Questions about 504, Peninsula One

What did unit 504 last sell for?

AED 1,555,000 on 28 July 2026: AED 2,460 per sqft for 632 sqft. The unit has 3 registered sales; the first was AED 990,800 in January 2022.

What is the rent for unit 504?

AED 98,000 a year on the contract signed on 4 September 2026.

How big is unit 504?

632 sqft (58.7 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 504 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 504, Peninsula One

Starts from the last sale price (AED 1.56M, 28 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,555,000
Deposit, UAE resident (20%)
AED 311,000
Deposit, non-resident (40%)
AED 622,000
Monthly over 25 years at 3.7%
AED 6,362

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