701, Peninsula One
Sold prices and rental history: sold twice, last in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Peninsula One
What is 701 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 688 sqft
- Floor
- 7th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.58M · November 2024
- Building
- Peninsula One
About 701, Peninsula One
701 is a one-bedroom apartment of 688 sqft on the 7th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 28 November 2024 for AED 1,575,000, or AED 2,288 per sqft, 5% below the AED 2,412 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 100,000 a year: a gross yield of 6.3% on the 2024 price.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 182 1-beds →701 last sold in November 2024 at AED 2,288 per sqft, 5% below what one-beds in Peninsula One were fetching at the time (AED 2,412). 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. 701's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,029 sqft | 2,100,000 | 2,041 | ||
| 16 Oct 202616 October 2026 | 671 sqft | 1,800,000 | 2,681 | ||
| 13 Aug 202613 August 2026 | 671 sqft | 1,700,000 | 2,532 | ||
| 28 Jul 202628 July 2026 | 632 sqft | 1,555,000 | 2,460 |
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 7th floor
All 518 units in Peninsula One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 915 sqft | AED 1.65MAED 1,646,000 · Feb 2022February 2022 | ||
| 703 | Studio | 407 sqft | AED 850KAED 850,000 · Mar 2023March 2023 | ||
| 704 | 1-bed | 632 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | ||
| 705 | 2-bed | 963 sqft | AED 1.53MAED 1,529,300 · Mar 2022March 2022 | 150,000 /yr | |
| 706 | 1-bed | 684 sqft | AED 1.07MAED 1,070,700 · Jan 2022January 2022 | ||
| 707 | Studio | 435 sqft | AED 940KAED 940,000 · Jul 2023July 2023 | 65,000 /yr | |
| 708 | Studio | 440 sqft | AED 950KAED 950,000 · Aug 2023August 2023 | ||
| 709 | 2-bed | 925 sqft | AED 1.53MAED 1,531,300 · Mar 2022March 2022 | 150,000 /yr | |
| 710 | Studio | 410 sqft | AED 1.13MAED 1,125,000 · May 2025May 2025 | 84,748 /yr | |
| 711 | 1-bed | 636 sqft | AED 1.15MAED 1,146,992 · Mar 2022March 2022 | 115,000 /yr | |
| 712 | Studio | 204 sqft | AED 744KAED 744,200 · Feb 2022February 2022 | 70,000 /yr | |
| 713 | Studio | 403 sqft | AED 1.01MAED 1,010,000 · Jun 2024June 2024 | ||
| 714 | 1-bed | 586 sqft | AED 1.85MAED 1,850,000 · Jan 2026January 2026 | 147,000 /yr |
701, Peninsula One in numbers
- Sold twice: first on 28 February 2022 for AED 1,256,100, last on 28 November 2024 for AED 1,575,000 (AED 2,288 per sqft).
- Rented since November 2025 on 2 Ejari contracts, from AED 135,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 6.3%.
- 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 15 October 2026.
Questions about 701, Peninsula One
What did unit 701 last sell for?
AED 1,575,000 on 28 November 2024: AED 2,288 per sqft for 688 sqft. The unit has 2 registered sales; the first was AED 1,256,100 in February 2022.
What is the rent for unit 701?
AED 100,000 a year on the contract signed on 15 October 2026. The previous contract, from November 2025, was AED 135,000.
How big is unit 701?
688 sqft (63.9 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.
What is unit 701 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 701, Peninsula One
Starts from the last sale price (AED 1.58M, 28 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,575,000
- Deposit, UAE resident (20%)
- AED 315,000
- Deposit, non-resident (40%)
- AED 630,000
- Monthly over 25 years at 3.7%
- AED 6,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →