505-B, Peninsula One
Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505-B, Peninsula One
What is 505-B worth today?
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Source: Dubai Land Department. Updated 18 June 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,958 sqft
- Floor
- 5th of 35
- Parking
- 2
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 3.77M · May 2022
- Building
- Peninsula One
About 505-B, Peninsula One
505-B is a three-bedroom apartment of 1,958 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 22 May 2022 for AED 3,766,500, or AED 1,923 per sqft, in line with the AED 1,923 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 June 2026. The current contract, signed on 18 June 2026, is AED 310,000 a year: a gross yield of 8.2% on the 2022 price.
Sales and rents for 505-B over time
505-B has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Peninsula One, and where 505-B sits
All 9 3-beds →505-B last sold in May 2022 at AED 1,923 per sqft, in line with what three-beds in Peninsula One were fetching at the time (AED 1,923). Over the last 12 months three-beds sold for AED 3,500,000 to 6,500,000, around AED 2,403 per sqft, and rent for AED 215,000 to 380,000 a year. 505-B's AED 310,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jun 20261 June 2026 | 1,539 sqft | 3,700,000 | 2,403 | ||
| 6 Apr 20266 April 2026 | 1,539 sqft | 3,500,000 | 2,273 | ||
| 13 Jan 202613 January 2026 | 1,480 sqft | 4,300,000 | 2,904 | ||
| 16 Dec 202516 December 2025 | 2,997 sqft | 6,500,000 | 2,168 |
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 | |
| 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, Peninsula One in numbers
- Sold once: by Select Global Development on 22 May 2022 for AED 3,766,500, or AED 1,923 per sqft.
- Rented since June 2026 on one Ejari contract, at AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2022 price is 8.2%.
- Three-beds in Peninsula One sold for AED 3,500,000–6,500,000 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 18 June 2026.
Questions about 505-B, Peninsula One
What did unit 505-B last sell for?
AED 3,766,500 on 22 May 2022, sold by the developer: AED 1,923 per sqft for 1,958 sqft. It is the only registered sale of the unit.
What is the rent for unit 505-B?
AED 310,000 a year on the contract signed on 18 June 2026.
How big is unit 505-B?
1,958 sqft (181.9 sqm): a three-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 505-B worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula One sold for AED 3,500,000 to 6,500,000 in the last 12 months, around AED 2,403 per sqft.
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Mortgage on 505-B, Peninsula One
Starts from the last sale price (AED 3.77M, 22 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,766,500
- Deposit, UAE resident (20%)
- AED 753,300
- Deposit, non-resident (40%)
- AED 1,506,600
- Monthly over 25 years at 3.7%
- AED 15,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →