Studio · 435 sqftPeninsula One, Business Bay · 7th floor · completed 2024

707, Peninsula One

Sold prices and rental history: sold twice, last in July 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 17 June 2026
Last soldAED 940K26 July 2023
Current rentAED 65K /yr17 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Peninsula One

What is 707 worth today?

Last sold for AED 940,000 in 2023

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17 Jun 2026RentedNew contract
AED 65,000/yr12 months · AED 149 per sqft
26 Jul 2023SoldOff-plan
AED 940,000AED 2,161 per sqft
6 Jan 2022Sold by developerOff-plan
AED 712,900AED 1,639 per sqft

Source: Dubai Land Department. Updated 17 June 2026.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 940K · July 2023

About 707, Peninsula One

707 is a studio of 435 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 26 July 2023 for AED 940,000, or AED 2,161 per sqft, 5% above the AED 2,059 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 June 2026. The current contract, signed on 17 June 2026, is AED 65,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Peninsula One
750K1M1.25M202220242026Typical sale price by year: 2022 AED 763,000; 2023 AED 896,000; 2024 AED 1,050,000; 2025 AED 1,150,000; 2026 AED 1,190,000Sold by developer, January 2022: AED 712,900 (AED 1,639 per sqft)Sold, July 2023: AED 940,000 (AED 2,161 per sqft)

707 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, June 2026: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula One, and where 707 sits

All 186 studios →

707 last sold in July 2023 at AED 2,161 per sqft, 5% above what studios in Peninsula One were fetching at the time (AED 2,059). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,013 per sqft, and rent for AED 50,000 to 130,000 a year. 707's AED 65,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,190,000
8 Oct 20261,050,000
8 Sep 20261,130,000
7 May 20261,140,000
12 studio 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
7061-bedAED 1.07M · Jan 2022
708StudioAED 950K · Aug 2023
1–7 of 13

707, Peninsula One in numbers

  • Sold twice: first on 6 January 2022 for AED 712,900, last on 26 July 2023 for AED 940,000 (AED 2,161 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 6.9%.
  • Studios in Peninsula One sold for AED 900,000–1,360,000 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 17 June 2026.

Questions about 707, Peninsula One

What did unit 707 last sell for?

AED 940,000 on 26 July 2023: AED 2,161 per sqft for 435 sqft. The unit has 2 registered sales; the first was AED 712,900 in January 2022.

What is the rent for unit 707?

AED 65,000 a year on the contract signed on 17 June 2026.

How big is unit 707?

435 sqft (40.4 sqm): a studio on the 7th floor of a 35-storey tower completed in 2024.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,013 per sqft.

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Mortgage on 707, Peninsula One

Starts from the last sale price (AED 940K, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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