505, Peninsula One
Sold prices and rental history: sold twice, last in July 2023, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Peninsula One
What is 505 worth today?
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Source: Dubai Land Department. Updated 6 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 948 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.9M · July 2023
- Building
- Peninsula One
About 505, Peninsula One
505 is a two-bedroom apartment of 948 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 July 2023 for AED 1,900,000, or AED 2,004 per sqft, 13% above the AED 1,777 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 April 2026. The current contract, signed on 6 April 2026, is AED 165,000 a year: a gross yield of 8.7% on the 2023 price.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 141 2-beds →505 last sold in July 2023 at AED 2,004 per sqft, 13% above what two-beds in Peninsula One were fetching at the time (AED 1,777). 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. 505's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 950 sqft | 2,400,000 | 2,527 | ||
| 11 Sep 202611 September 2026 | 1,133 sqft | 2,850,000 | 2,515 | ||
| 20 Aug 202620 August 2026 | 912 sqft | 2,240,000 | 2,456 | ||
| 25 Jun 202625 June 2026 | 903 sqft | 2,875,000 | 3,184 |
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 | |
| 503 | Studio | 407 sqft | AED 1.04MAED 1,040,000 · Oct 2024October 2024 | 60,000 /yr | |
| 504 | 1-bed | 632 sqft | AED 1.56MAED 1,555,000 · Jul 2026July 2026 | 98,000 /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 |
505, Peninsula One in numbers
- Sold twice: first on 28 February 2022 for AED 1,487,000, last on 18 July 2023 for AED 1,900,000 (AED 2,004 per sqft).
- Rented since April 2026 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 8.7%.
- 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 6 April 2026.
Questions about 505, Peninsula One
What did unit 505 last sell for?
AED 1,900,000 on 18 July 2023: AED 2,004 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 1,487,000 in February 2022.
What is the rent for unit 505?
AED 165,000 a year on the contract signed on 6 April 2026.
How big is unit 505?
948 sqft (88.1 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 505 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 505, Peninsula One
Starts from the last sale price (AED 1.9M, 18 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →