2-bed · 915 sqftPeninsula One, Business Bay · 7th floor · completed 2024

702, Peninsula One

Sold prices and rental history: sold once, by the developer in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 1.65M28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Peninsula One

What is 702 worth today?

Last sold for AED 1,646,000 in 2022

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28 Feb 2022Sold by developerOff-plan
AED 1,646,000AED 1,799 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.65M · February 2022

About 702, Peninsula One

702 is a two-bedroom apartment of 915 sqft on the 7th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 28 February 2022 for AED 1,646,000, or AED 1,799 per sqft, in line with the AED 1,766 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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, February 2022: AED 1,646,000 (AED 1,799 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Peninsula One
175K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487

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 702 sits

All 141 2-beds →

702 last sold in February 2022 at AED 1,799 per sqft, in line with what two-beds in Peninsula One were fetching at the time (AED 1,766). 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.

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 7th floor

All 518 units in Peninsula One
Value
7011-bedAED 1.58M · Nov 2024
703StudioAED 850K · Mar 2023
7041-bedAED 1.65M · May 2025
7052-bedAED 1.53M · Mar 2022
7061-bedAED 1.07M · Jan 2022
707StudioAED 940K · Jul 2023
708StudioAED 950K · Aug 2023
1–7 of 13

702, Peninsula One in numbers

  • Sold once: by Select Global Development on 28 February 2022 for AED 1,646,000, or AED 1,799 per sqft.
  • 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 28 February 2022.

Questions about 702, Peninsula One

What did unit 702 last sell for?

AED 1,646,000 on 28 February 2022, sold by the developer: AED 1,799 per sqft for 915 sqft. It is the only registered sale of the unit.

How big is unit 702?

915 sqft (85.0 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 702 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 702, Peninsula One

Starts from the last sale price (AED 1.65M, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,646,000
Deposit, UAE resident (20%)
AED 329,200
Deposit, non-resident (40%)
AED 658,400
Monthly over 25 years at 3.7%
AED 6,734

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