2-bed · 963 sqftPeninsula One, Business Bay · 7th floor · completed 2024

705, Peninsula One

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 1.53M10 March 2022
Current rentAED 150K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Peninsula One

What is 705 worth today?

Last sold for AED 1,529,300 in 2022

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24 Jan 2026RentedNew contract
AED 150,000/yr12 months · AED 155 per sqft
10 Mar 2022Sold by developerOff-plan
AED 1,529,300AED 1,588 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.53M · March 2022

About 705, Peninsula One

705 is a two-bedroom apartment of 963 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 10 March 2022 for AED 1,529,300, or AED 1,588 per sqft, 9% below the AED 1,738 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 January 2026. The current contract, signed on 24 January 2026, is AED 150,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Peninsula One
2M202220242026Typical 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, March 2022: AED 1,529,300 (AED 1,588 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Peninsula One
160K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, January 2026: AED 150,000 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 705 sits

All 141 2-beds →

705 last sold in March 2022 at AED 1,588 per sqft, 9% below what two-beds in Peninsula One were fetching at the time (AED 1,738). 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. 705's AED 150,000 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 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
7041-bedAED 1.65M · May 2025
7061-bedAED 1.07M · Jan 2022
707StudioAED 940K · Jul 2023
708StudioAED 950K · Aug 2023
1–7 of 13

705, Peninsula One in numbers

  • Sold once: by Select Global Development on 10 March 2022 for AED 1,529,300, or AED 1,588 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 9.8%.
  • 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 24 January 2026.

Questions about 705, Peninsula One

What did unit 705 last sell for?

AED 1,529,300 on 10 March 2022, sold by the developer: AED 1,588 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 150,000 a year on the contract signed on 24 January 2026.

How big is unit 705?

963 sqft (89.5 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 705 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 705, Peninsula One

Starts from the last sale price (AED 1.53M, 10 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,300
Deposit, UAE resident (20%)
AED 305,860
Deposit, non-resident (40%)
AED 611,720
Monthly over 25 years at 3.7%
AED 6,257

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