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

504-B, Peninsula One

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504-B · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 2.41M25 May 2022
Current rentAED 190K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504-B, Peninsula One

What is 504-B worth today?

Last sold for AED 2,409,600 in 2022

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20 Nov 2025RentedNew contract
AED 190,000/yr12 months · AED 156 per sqft
25 May 2022Sold by developerOff-plan
AED 2,409,600AED 1,981 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.41M · May 2022
Building
Peninsula One

About 504-B, Peninsula One

504-B 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. The developer sold it on 25 May 2022 for AED 2,409,600, or AED 1,981 per sqft, 10% above the AED 1,797 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2025. The current contract, signed on 20 November 2025, is AED 190,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 504-B over time

Sales
Unit 504-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, May 2022: AED 2,409,600 (AED 1,981 per sqft)

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

Rents
Unit 504-B, each contractTypical two-bed in Peninsula One
170K180K190K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, November 2025: 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 504-B sits

All 141 2-beds →

504-B last sold in May 2022 at AED 1,981 per sqft, 10% above what two-beds in Peninsula One were fetching at the time (AED 1,797). 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. 504-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

504-B, Peninsula One in numbers

  • Sold once: by Select Global Development on 25 May 2022 for AED 2,409,600, or AED 1,981 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 20 November 2025.

Questions about 504-B, Peninsula One

What did unit 504-B last sell for?

AED 2,409,600 on 25 May 2022, sold by the developer: AED 1,981 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 504-B?

AED 190,000 a year on the contract signed on 20 November 2025.

How big is unit 504-B?

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 504-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 504-B, Peninsula One

Starts from the last sale price (AED 2.41M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,409,600
Deposit, UAE resident (20%)
AED 481,920
Deposit, non-resident (40%)
AED 963,840
Monthly over 25 years at 3.7%
AED 9,858

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