2-bed · 912 sqftPeninsula One, Business Bay · 5th floor · completed 2024

509, Peninsula One

Sold prices and rental history: sold 4 times, last in September 2025, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.37M29 September 2025
Current rentAED 155K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Peninsula One

What is 509 worth today?

Last sold for AED 2,370,000 in 2025

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1 Sep 2026RentedNew contract
AED 155,000/yr12 months · AED 169 per sqft
29 Sep 2025SoldReady
AED 2,370,000AED 2,598 per sqft
25 Jul 2025SoldOff-plan
AED 1,900,000AED 2,082 per sqft
15 Apr 2024SoldOff-plan
AED 2,000,000AED 2,192 per sqft
26 May 2022Sold by developerOff-plan
AED 1,493,200AED 1,636 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
912 sqft
Floor
5th of 35
Parking
B1-06
Developer
Select Global Development
Completed
2024
Last sold
AED 2.37M · September 2025

About 509, Peninsula One

509 is a two-bedroom apartment of 912 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 29 September 2025 for AED 2,370,000, or AED 2,598 per sqft, 9% above the AED 2,374 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 155,000 a year: a gross yield of 6.5% on the 2025 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Peninsula One
2M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, May 2022: AED 1,493,200 (AED 1,636 per sqft)Sold, April 2024: AED 2,000,000 (AED 2,192 per sqft)Sold, July 2025: AED 1,900,000 (AED 2,082 per sqft)Sold, September 2025: AED 2,370,000 (AED 2,598 per sqft)

509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Peninsula One
160K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, September 2026: AED 155,000 a year

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 509 sits

All 141 2-beds →

509 last sold in September 2025 at AED 2,598 per sqft, 9% above what two-beds in Peninsula One were fetching at the time (AED 2,374). 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. 509's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-bed 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
507StudioAED 750K · Jul 2022
1–7 of 23

509, Peninsula One in numbers

  • Sold 4 times: first on 26 May 2022 for AED 1,493,200, last on 29 September 2025 for AED 2,370,000 (AED 2,598 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2025 price is 6.5%.
  • 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 1 September 2026.

Questions about 509, Peninsula One

What did unit 509 last sell for?

AED 2,370,000 on 29 September 2025: AED 2,598 per sqft for 912 sqft. The unit has 4 registered sales; the first was AED 1,493,200 in May 2022.

What is the rent for unit 509?

AED 155,000 a year on the contract signed on 1 September 2026.

How big is unit 509?

912 sqft (84.7 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 509 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 509, Peninsula One

Starts from the last sale price (AED 2.37M, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,370,000
Deposit, UAE resident (20%)
AED 474,000
Deposit, non-resident (40%)
AED 948,000
Monthly over 25 years at 3.7%
AED 9,696

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