Studio · 417 sqftPeninsula Two, Business Bay · 10th floor · completed 2024

1007, Peninsula Two

Sold prices and rental history: sold twice, last in April 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 1.1M25 April 2024
Current rentAED 55K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Peninsula Two

What is 1007 worth today?

Last sold for AED 1,100,000 in 2024

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25 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
25 Apr 2024SoldOff-plan
AED 1,100,000AED 2,635 per sqft
11 Apr 2022Sold by developerOff-plan
AED 744,500AED 1,784 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
10th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.1M · April 2024

About 1007, Peninsula Two

1007 is a studio of 417 sqft on the 10th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 25 April 2024 for AED 1,100,000, or AED 2,635 per sqft, 13% above the AED 2,332 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2026. The current contract, signed on 25 September 2026, is AED 55,000 a year: a gross yield of 5.0% on the 2024 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Peninsula Two
800K1M1.2M202220242026Typical sale price by year: 2022 AED 757,688; 2023 AED 910,000; 2024 AED 1,050,000; 2025 AED 1,125,000; 2026 AED 1,157,500Sold by developer, April 2022: AED 744,500 (AED 1,784 per sqft)Sold, April 2024: AED 1,100,000 (AED 2,635 per sqft)

1007 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 1007 sits

All 189 studios →

1007 last sold in April 2024 at AED 2,635 per sqft, 13% above what studios in Peninsula Two were fetching at the time (AED 2,332). Over the last 12 months studios sold for AED 475,000 to 1,275,000, around AED 2,815 per sqft, and rent for AED 55,000 to 135,000 a year. 1007's AED 55,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Oct 20261,180,000
16 Oct 20261,000,000
8 Oct 20261,022,700
16 Sep 20261,100,000
23 studio sales in the last 12 months

Peninsula Two

Building

439 apartments, studios to 2-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 68 sold in the last 12 months.

Typical price per sqft
AED 2,577 Down 0.8%
Typical sale
AED 1.67M
Typical rent
AED 90K /yr
Typical yield
6.0%
Peninsula Two, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 439 units in Peninsula Two
Value
10011-bedAED 1.18M · Mar 2022
10022-bedAED 2.57M · Dec 2025
1003StudioAED 702K · May 2022
10041-bedAED 1.6M · Oct 2025
10052-bedAED 2.35M · Jan 2026
10061-bedAED 1.45M · May 2024
1008StudioAED 1.2M · Dec 2024
1–7 of 13

1007, Peninsula Two in numbers

  • Sold twice: first on 11 April 2022 for AED 744,500, last on 25 April 2024 for AED 1,100,000 (AED 2,635 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.0%.
  • Studios in Peninsula Two sold for AED 475,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 2,577 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 1007, Peninsula Two

What did unit 1007 last sell for?

AED 1,100,000 on 25 April 2024: AED 2,635 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 744,500 in April 2022.

What is the rent for unit 1007?

AED 55,000 a year on the contract signed on 25 September 2026.

How big is unit 1007?

417 sqft (38.7 sqm): a studio on the 10th floor of a 35-storey tower completed in 2024.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Two sold for AED 475,000 to 1,275,000 in the last 12 months, around AED 2,815 per sqft.

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Mortgage on 1007, Peninsula Two

Starts from the last sale price (AED 1.1M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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