508, Peninsula One
Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Peninsula One
What is 508 worth today?
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Source: Dubai Land Department. Updated 9 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 870K · February 2023
- Building
- Peninsula One
About 508, Peninsula One
508 is a studio of 425 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 9 February 2023 for AED 870,000, or AED 2,046 per sqft, 7% above the AED 1,912 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the studio median of each year in the building.
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 508 sits
All 186 studios →508 last sold in February 2023 at AED 2,046 per sqft, 7% above what studios in Peninsula One were fetching at the time (AED 1,912). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 429 sqft | 1,190,000 | 2,777 | ||
| 8 Oct 20268 October 2026 | 437 sqft | 1,050,000 | 2,400 | ||
| 8 Sep 20268 September 2026 | 390 sqft | 1,130,000 | 2,900 | ||
| 7 May 20267 May 2026 | 390 sqft | 1,140,000 | 2,925 |
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 | ||
| 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 |
508, Peninsula One in numbers
- Sold twice: first on 25 January 2022 for AED 682,900, last on 9 February 2023 for AED 870,000 (AED 2,046 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 9 February 2023.
Questions about 508, Peninsula One
What did unit 508 last sell for?
AED 870,000 on 9 February 2023: AED 2,046 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 682,900 in January 2022.
How big is unit 508?
425 sqft (39.5 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.
What is unit 508 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 508, Peninsula One
Starts from the last sale price (AED 870K, 9 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →