506, Peninsula One
Sold prices and rental history: sold twice, last in September 2023, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Peninsula One
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.32M · September 2023
- Building
- Peninsula One
About 506, Peninsula One
506 is a one-bedroom apartment of 663 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 1 September 2023 for AED 1,320,000, or AED 1,990 per sqft, 6% below the AED 2,113 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 26 January 2026. The current contract, signed on 26 January 2026, is AED 110,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 182 1-beds →506 last sold in September 2023 at AED 1,990 per sqft, 6% below what one-beds in Peninsula One were fetching at the time (AED 2,113). 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. 506's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,029 sqft | 2,100,000 | 2,041 | ||
| 16 Oct 202616 October 2026 | 671 sqft | 1,800,000 | 2,681 | ||
| 13 Aug 202613 August 2026 | 671 sqft | 1,700,000 | 2,532 | ||
| 28 Jul 202628 July 2026 | 632 sqft | 1,555,000 | 2,460 |
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 | |
| 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 |
506, Peninsula One in numbers
- Sold twice: first on 26 May 2022 for AED 1,030,800, last on 1 September 2023 for AED 1,320,000 (AED 1,990 per sqft).
- Rented since January 2026 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 8.3%.
- 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 26 January 2026.
Questions about 506, Peninsula One
What did unit 506 last sell for?
AED 1,320,000 on 1 September 2023: AED 1,990 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 1,030,800 in May 2022.
What is the rent for unit 506?
AED 110,000 a year on the contract signed on 26 January 2026.
How big is unit 506?
663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Peninsula One
Starts from the last sale price (AED 1.32M, 1 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,000
- Deposit, UAE resident (20%)
- AED 264,000
- Deposit, non-resident (40%)
- AED 528,000
- Monthly over 25 years at 3.7%
- AED 5,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →