2-bed · 898 sqftPeninsula One, Business Bay · 6th floor · completed 2024

602, Peninsula One

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

Unit 602 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 2.05M27 March 2025
Current rentAED 160K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Peninsula One

What is 602 worth today?

Last sold for AED 2,050,000 in 2025

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10 Feb 2026RentedNew contract
AED 160,000/yr12 months · AED 177 per sqft
27 Mar 2025SoldOff-plan
AED 2,050,000AED 2,283 per sqft
26 May 2022Sold by developerOff-plan
AED 1,588,158AED 1,769 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
2-bed apartment
Size
898 sqft
Floor
6th of 35
Parking
F2-68
Developer
Select Global Development
Completed
2024
Last sold
AED 2.05M · March 2025

About 602, Peninsula One

602 is a two-bedroom apartment of 898 sqft on the 6th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 27 March 2025 for AED 2,050,000, or AED 2,283 per sqft, in line with the AED 2,241 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 February 2026. The current contract, signed on 10 February 2026, is AED 160,000 a year: a gross yield of 7.8% on the 2025 price.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Peninsula One
1.5M2M2.5M202220242026Typical 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 1,588,158 (AED 1,769 per sqft)Sold, March 2025: AED 2,050,000 (AED 2,283 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Peninsula One
160K170K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, February 2026: AED 160,000 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 602 sits

All 141 2-beds →

602 last sold in March 2025 at AED 2,283 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 2,241). 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. 602's AED 160,000 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 6th floor

All 518 units in Peninsula One
Value
6011-bedAED 1.8M · Oct 2025
603StudioAED 637K · Sep 2022
6041-bedAED 1.45M · Apr 2024
6052-bedAED 1.5M · May 2022
6061-bedAED 1.7M · Sep 2025
607StudioAED 607K · Jan 2022
608StudioAED 618K · Jan 2022
1–7 of 13

602, Peninsula One in numbers

  • Sold twice: first on 26 May 2022 for AED 1,588,158, last on 27 March 2025 for AED 2,050,000 (AED 2,283 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2025 price is 7.8%.
  • 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 10 February 2026.

Questions about 602, Peninsula One

What did unit 602 last sell for?

AED 2,050,000 on 27 March 2025: AED 2,283 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 1,588,158 in May 2022.

What is the rent for unit 602?

AED 160,000 a year on the contract signed on 10 February 2026.

How big is unit 602?

898 sqft (83.4 sqm): a two-bedroom apartment on the 6th floor of a 35-storey tower completed in 2024.

What is unit 602 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 602, Peninsula One

Starts from the last sale price (AED 2.05M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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