1-bed · 684 sqftPeninsula One, Business Bay · 7th floor · completed 2024

706, Peninsula One

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

Unit 706 · DLD and Ejari recordsUpdated 6 January 2022
Last soldAED 1.07M6 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Peninsula One

What is 706 worth today?

Last sold for AED 1,070,700 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Jan 2022Sold by developerOff-plan
AED 1,070,700AED 1,564 per sqft

Source: Dubai Land Department. Updated 6 January 2022.

Key facts

Type
1-bed apartment
Size
684 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.07M · January 2022

About 706, Peninsula One

706 is a one-bedroom apartment of 684 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 6 January 2022 for AED 1,070,700, or AED 1,564 per sqft, 6% below the AED 1,671 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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, January 2022: AED 1,070,700 (AED 1,564 per sqft)

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

Rents
Unit 706, 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 706 sits

All 182 1-beds →

706 last sold in January 2022 at AED 1,564 per sqft, 6% below what one-beds in Peninsula One were fetching at the time (AED 1,671). 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
7041-bedAED 1.65M · May 2025
7052-bedAED 1.53M · Mar 2022
707StudioAED 940K · Jul 2023
708StudioAED 950K · Aug 2023
1–7 of 13

706, Peninsula One in numbers

  • Sold once: by Select Global Development on 6 January 2022 for AED 1,070,700, or AED 1,564 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 6 January 2022.

Questions about 706, Peninsula One

What did unit 706 last sell for?

AED 1,070,700 on 6 January 2022, sold by the developer: AED 1,564 per sqft for 684 sqft. It is the only registered sale of the unit.

How big is unit 706?

684 sqft (63.5 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 706 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.

Selling 706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 706, Peninsula One

Starts from the last sale price (AED 1.07M, 6 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,700
Deposit, UAE resident (20%)
AED 214,140
Deposit, non-resident (40%)
AED 428,280
Monthly over 25 years at 3.7%
AED 4,381

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