Studio · 425 sqftPeninsula Two, Business Bay · 10th floor · completed 2024

1008, Peninsula Two

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.2M6 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Peninsula Two

What is 1008 worth today?

Last sold for AED 1,200,000 in 2024

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6 Dec 2024SoldOff-plan
AED 1,200,000AED 2,823 per sqft
13 Apr 2022Sold by developerOff-plan
AED 756,200AED 1,779 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
10th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · December 2024

About 1008, Peninsula Two

1008 is a studio of 425 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 6 December 2024 for AED 1,200,000, or AED 2,823 per sqft, 13% above the AED 2,493 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Peninsula Two
750K1M1.25M202220242026Typical 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 756,200 (AED 1,779 per sqft)Sold, December 2024: AED 1,200,000 (AED 2,823 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 1008 sits

All 189 studios →

1008 last sold in December 2024 at AED 2,823 per sqft, 13% above what studios in Peninsula Two were fetching at the time (AED 2,493). 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.

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
1007StudioAED 1.1M · Apr 2024
1–7 of 13

1008, Peninsula Two in numbers

  • Sold twice: first on 13 April 2022 for AED 756,200, last on 6 December 2024 for AED 1,200,000 (AED 2,823 per sqft).
  • 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 6 December 2024.

Questions about 1008, Peninsula Two

What did unit 1008 last sell for?

AED 1,200,000 on 6 December 2024: AED 2,823 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 756,200 in April 2022.

How big is unit 1008?

425 sqft (39.5 sqm): a studio on the 10th floor of a 35-storey tower completed in 2024.

What is unit 1008 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 1008, Peninsula Two

Starts from the last sale price (AED 1.2M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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