Studio · 442 sqftPeninsula Two, Business Bay · 12th floor · completed 2024

1208, Peninsula Two

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 940K2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Peninsula Two

What is 1208 worth today?

Last sold for AED 940,000 in 2023

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2 Nov 2023SoldOff-plan
AED 940,000AED 2,124 per sqft
30 Mar 2022Sold by developerOff-plan
AED 785,500AED 1,775 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
12th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 940K · November 2023

About 1208, Peninsula Two

1208 is a studio of 442 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 2 November 2023 for AED 940,000, or AED 2,124 per sqft, 4% below the AED 2,216 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, March 2022: AED 785,500 (AED 1,775 per sqft)Sold, November 2023: AED 940,000 (AED 2,124 per sqft)

1208 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 1208 sits

All 189 studios →

1208 last sold in November 2023 at AED 2,124 per sqft, 4% below what studios in Peninsula Two were fetching at the time (AED 2,216). 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 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
12061-bedAED 1.7M · Apr 2025
1207StudioAED 772K · Sep 2022
1–7 of 13

1208, Peninsula Two in numbers

  • Sold twice: first on 30 March 2022 for AED 785,500, last on 2 November 2023 for AED 940,000 (AED 2,124 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 2 November 2023.

Questions about 1208, Peninsula Two

What did unit 1208 last sell for?

AED 940,000 on 2 November 2023: AED 2,124 per sqft for 442 sqft. The unit has 2 registered sales; the first was AED 785,500 in March 2022.

How big is unit 1208?

442 sqft (41.1 sqm): a studio on the 12th floor of a 35-storey tower completed in 2024.

What is unit 1208 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 1208, Peninsula Two

Starts from the last sale price (AED 940K, 2 November 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 →