Studio · 390 sqftPeninsula One, Business Bay · 5th floor · completed 2024

512, Peninsula One

Sold prices and rental history: sold twice, last in September 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1M25 September 2024
Current rentAED 87K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Peninsula One

What is 512 worth today?

Last sold for AED 1,000,000 in 2024

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1 Nov 2025RentedNew contract
AED 87,000/yr12 months · AED 225 per sqft
25 Sep 2024SoldOff-plan
AED 1,000,000AED 2,563 per sqft
6 Jan 2022Sold by developerOff-plan
AED 680,600AED 1,744 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1M · September 2024

About 512, Peninsula One

512 is a studio of 390 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 25 September 2024 for AED 1,000,000, or AED 2,563 per sqft, 4% above the AED 2,470 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2025. The current contract, signed on 1 November 2025, is AED 87,000 a year: a gross yield of 8.7% on the 2024 price.

Sales and rents for 512 over time

Sales
Unit 512, 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, January 2022: AED 680,600 (AED 1,744 per sqft)Sold, September 2024: AED 1,000,000 (AED 2,563 per sqft)

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

Rents
Unit 512, each contractTypical studio in Peninsula One
80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, November 2025: AED 87,000 a year

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 512 sits

All 186 studios →

512 last sold in September 2024 at AED 2,563 per sqft, 4% above what studios in Peninsula One were fetching at the time (AED 2,470). 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. 512's AED 87,000 is in the lower half of that range.

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
507StudioAED 750K · Jul 2022
1–7 of 23

512, Peninsula One in numbers

  • Sold twice: first on 6 January 2022 for AED 680,600, last on 25 September 2024 for AED 1,000,000 (AED 2,563 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2024 price is 8.7%.
  • 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 November 2025.

Questions about 512, Peninsula One

What did unit 512 last sell for?

AED 1,000,000 on 25 September 2024: AED 2,563 per sqft for 390 sqft. The unit has 2 registered sales; the first was AED 680,600 in January 2022.

What is the rent for unit 512?

AED 87,000 a year on the contract signed on 1 November 2025.

How big is unit 512?

390 sqft (36.2 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.

What is unit 512 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 512, Peninsula One

Starts from the last sale price (AED 1M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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