1-bed · 614 sqftPeninsula One, Business Bay · 5th floor · completed 2024

511, Peninsula One

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

Unit 511 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.65M31 January 2025
Current rentAED 100K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Peninsula One

What is 511 worth today?

Last sold for AED 1,650,000 in 2025

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1 May 2026RentedNew contract
AED 100,000/yr12 months · AED 160 per sqft
31 Jan 2025SoldOff-plan
AED 1,650,000AED 2,686 per sqft
2 Feb 2022Sold by developerOff-plan
AED 1,120,800AED 1,824 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
5th of 35
Parking
B2-89
Developer
Select Global Development
Completed
2024
Last sold
AED 1.65M · January 2025

About 511, Peninsula One

511 is a one-bedroom apartment of 614 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 31 January 2025 for AED 1,650,000, or AED 2,686 per sqft, 10% above the AED 2,448 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 100,000 a year: a gross yield of 6.1% on the 2025 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Peninsula One
1.5M202220242026Typical sale price by year: 2022 AED 1,163,050; 2023 AED 1,310,000; 2024 AED 1,530,000; 2025 AED 1,700,000; 2026 AED 1,720,000Sold by developer, February 2022: AED 1,120,800 (AED 1,824 per sqft)Sold, January 2025: AED 1,650,000 (AED 2,686 per sqft)

511 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 511, each contractTypical one-bed in Peninsula One
100K110K120K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, May 2026: AED 100,000 a year

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 511 sits

All 182 1-beds →

511 last sold in January 2025 at AED 2,686 per sqft, 10% above what one-beds in Peninsula One were fetching at the time (AED 2,448). 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. 511's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,100,000
16 Oct 20261,800,000
13 Aug 20261,700,000
28 Jul 20261,555,000
24 1-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

511, Peninsula One in numbers

  • Sold twice: first on 2 February 2022 for AED 1,120,800, last on 31 January 2025 for AED 1,650,000 (AED 2,686 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 6.1%.
  • 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 1 May 2026.

Questions about 511, Peninsula One

What did unit 511 last sell for?

AED 1,650,000 on 31 January 2025: AED 2,686 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 1,120,800 in February 2022.

What is the rent for unit 511?

AED 100,000 a year on the contract signed on 1 May 2026.

How big is unit 511?

614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 511 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.

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Mortgage on 511, Peninsula One

Starts from the last sale price (AED 1.65M, 31 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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