1-bed · 682 sqftPeninsula Two, Business Bay · 12th floor · completed 2024

1206, Peninsula Two

Sold prices and rental history: sold twice, last in April 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 1.7M29 April 2025
Current rentAED 100K /yr13 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Peninsula Two

What is 1206 worth today?

Last sold for AED 1,700,000 in 2025

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13 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 145 per sqft
29 Apr 2025SoldOff-plan
AED 1,700,000AED 2,491 per sqft
15 Aug 2022Sold by developerOff-plan
AED 1,223,200AED 1,792 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
1-bed apartment
Size
682 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.7M · April 2025

About 1206, Peninsula Two

1206 is a one-bedroom apartment of 682 sqft on the 12th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 29 April 2025 for AED 1,700,000, or AED 2,491 per sqft, in line with the AED 2,419 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 August 2026. The current contract, signed on 13 August 2026, is AED 100,000 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Peninsula Two
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,162,238; 2023 AED 1,335,000; 2024 AED 1,455,000; 2025 AED 1,600,000; 2026 AED 1,640,000Sold by developer, August 2022: AED 1,223,200 (AED 1,792 per sqft)Sold, April 2025: AED 1,700,000 (AED 2,491 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 1206 sits

All 157 1-beds →

1206 last sold in April 2025 at AED 2,491 per sqft, in line with what one-beds in Peninsula Two were fetching at the time (AED 2,419). Over the last 12 months one-beds sold for AED 1,018,300 to 1,795,000, around AED 2,589 per sqft, and rent for AED 80,000 to 140,000 a year. 1206's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,200,000
6 Oct 20261,650,000
1 Oct 20261,515,000
29 Sep 20261,720,000
21 1-bed 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 12th floor

All 439 units in Peninsula Two
Value
12011-bedAED 1.21M · Jul 2022
12022-bedAED 1.51M · Apr 2022
1203StudioAED 920K · Oct 2023
12041-bedAED 1.11M · Apr 2022
12052-bedAED 1.46M · Mar 2022
1207StudioAED 772K · Sep 2022
1208StudioAED 940K · Nov 2023
1–7 of 13

1206, Peninsula Two in numbers

  • Sold twice: first on 15 August 2022 for AED 1,223,200, last on 29 April 2025 for AED 1,700,000 (AED 2,491 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 5.9%.
  • One-beds in Peninsula Two sold for AED 1,018,300–1,795,000 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 13 August 2026.

Questions about 1206, Peninsula Two

What did unit 1206 last sell for?

AED 1,700,000 on 29 April 2025: AED 2,491 per sqft for 682 sqft. The unit has 2 registered sales; the first was AED 1,223,200 in August 2022.

What is the rent for unit 1206?

AED 100,000 a year on the contract signed on 13 August 2026.

How big is unit 1206?

682 sqft (63.4 sqm): a one-bedroom apartment on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Two sold for AED 1,018,300 to 1,795,000 in the last 12 months, around AED 2,589 per sqft.

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Mortgage on 1206, Peninsula Two

Starts from the last sale price (AED 1.7M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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