1-bed · 632 sqftPeninsula One, Business Bay · 7th floor · completed 2024

704, Peninsula One

Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 1.65M14 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Peninsula One

What is 704 worth today?

Last sold for AED 1,650,000 in 2025

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14 May 2025SoldOff-plan
AED 1,650,000AED 2,611 per sqft
28 Feb 2022Sold by developerOff-plan
AED 999,800AED 1,582 per sqft

Source: Dubai Land Department. Updated 14 May 2025.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
7th of 35
Parking
B2-101
Developer
Select Global Development
Completed
2024
Last sold
AED 1.65M · May 2025

About 704, Peninsula One

704 is a one-bedroom apartment of 632 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 14 May 2025 for AED 1,650,000, or AED 2,611 per sqft, in line with the AED 2,561 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical 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 999,800 (AED 1,582 per sqft)Sold, May 2025: AED 1,650,000 (AED 2,611 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Peninsula One
117K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500

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 704 sits

All 182 1-beds →

704 last sold in May 2025 at AED 2,611 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 2,561). 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.

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 7th floor

All 518 units in Peninsula One
Value
7011-bedAED 1.58M · Nov 2024
7022-bedAED 1.65M · Feb 2022
703StudioAED 850K · Mar 2023
7052-bedAED 1.53M · Mar 2022
7061-bedAED 1.07M · Jan 2022
707StudioAED 940K · Jul 2023
708StudioAED 950K · Aug 2023
1–7 of 13

704, Peninsula One in numbers

  • Sold twice: first on 28 February 2022 for AED 999,800, last on 14 May 2025 for AED 1,650,000 (AED 2,611 per sqft).
  • 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 14 May 2025.

Questions about 704, Peninsula One

What did unit 704 last sell for?

AED 1,650,000 on 14 May 2025: AED 2,611 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 999,800 in February 2022.

How big is unit 704?

632 sqft (58.7 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 704 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 704, Peninsula One

Starts from the last sale price (AED 1.65M, 14 May 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 →