Studio · 417 sqftPeninsula One, Business Bay · 5th floor · completed 2024

507, Peninsula One

Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 750K1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Peninsula One

What is 507 worth today?

Last sold for AED 750,000 in 2022

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1 Jul 2022SoldOff-plan
AED 750,000AED 1,797 per sqft
14 Feb 2022Sold by developerOff-plan
AED 670,100AED 1,606 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 750K · July 2022

About 507, Peninsula One

507 is a studio of 417 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 July 2022 for AED 750,000, or AED 1,797 per sqft, in line with the AED 1,836 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Peninsula One
750K1M1.25M202220242026Typical sale price by year: 2022 AED 763,000; 2023 AED 896,000; 2024 AED 1,050,000; 2025 AED 1,150,000; 2026 AED 1,190,000Sold by developer, February 2022: AED 670,100 (AED 1,606 per sqft)Sold, July 2022: AED 750,000 (AED 1,797 per sqft)

507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 507, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula One, and where 507 sits

All 186 studios →

507 last sold in July 2022 at AED 1,797 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 1,836). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,013 per sqft, and rent for AED 50,000 to 130,000 a year.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,190,000
8 Oct 20261,050,000
8 Sep 20261,130,000
7 May 20261,140,000
12 studio 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
508StudioAED 870K · Feb 2023
1–7 of 23

507, Peninsula One in numbers

  • Sold twice: first on 14 February 2022 for AED 670,100, last on 1 July 2022 for AED 750,000 (AED 1,797 per sqft).
  • Studios in Peninsula One sold for AED 900,000–1,360,000 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 1 July 2022.

Questions about 507, Peninsula One

What did unit 507 last sell for?

AED 750,000 on 1 July 2022: AED 1,797 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 670,100 in February 2022.

How big is unit 507?

417 sqft (38.7 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,013 per sqft.

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Mortgage on 507, Peninsula One

Starts from the last sale price (AED 750K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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