1703, Peninsula Two
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Peninsula Two
What is 1703 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 17th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 720K · March 2022
- Building
- Peninsula Two
About 1703, Peninsula Two
1703 is a studio of 408 sqft on the 17th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 28 March 2022 for AED 720,400, or AED 1,765 per sqft, 5% below the AED 1,863 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2026. The current contract, signed on 15 October 2026, is AED 90,000 a year: a gross yield of 12.5% on the 2022 price.
Sales and rents for 1703 over time
1703 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Two, and where 1703 sits
All 189 studios →1703 last sold in March 2022 at AED 1,765 per sqft, 5% below what studios in Peninsula Two were fetching at the time (AED 1,863). 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. 1703's AED 90,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 390 sqft | 1,180,000 | 3,028 | ||
| 16 Oct 202616 October 2026 | 390 sqft | 1,000,000 | 2,567 | ||
| 8 Oct 20268 October 2026 | 408 sqft | 1,022,700 | 2,503 | ||
| 16 Sep 202616 September 2026 | 409 sqft | 1,100,000 | 2,692 |
Peninsula Two
Building439 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%
Other units on the 17th floor
All 439 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 688 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | ||
| 1702 | 2-bed | 919 sqft | AED 2.34MAED 2,340,000 · Jun 2025June 2025 | ||
| 1704 | 1-bed | 632 sqft | AED 1.5MAED 1,500,000 · Oct 2023October 2023 | ||
| 1705 | 2-bed | 963 sqft | AED 1.53MAED 1,527,500 · Apr 2022April 2022 | 180,000 /yr | |
| 1706 | 1-bed | 684 sqft | AED 1.68MAED 1,675,000 · Jul 2026July 2026 | 90,000 /yr | |
| 1707 | Studio | 434 sqft | AED 783KAED 783,000 · Apr 2022April 2022 | ||
| 1708 | Studio | 442 sqft | AED 1.17MAED 1,170,000 · Aug 2025August 2025 | ||
| 1709 | 2-bed | 927 sqft | AED 2.25MAED 2,250,000 · Mar 2025March 2025 | ||
| 1710 | Studio | 408 sqft | AED 751KAED 751,100 · Mar 2022March 2022 | ||
| 1711 | 1-bed | 640 sqft | AED 1.55MAED 1,550,000 · Dec 2025December 2025 | 90,000 /yr | |
| 1712 | Studio | 407 sqft | AED 755KAED 754,600 · Apr 2022April 2022 | 65,000 /yr | |
| 1713 | Studio | 408 sqft | AED 1.06MAED 1,060,000 · Feb 2024February 2024 | 135,000 /yr | |
| 1714 | 1-bed | 586 sqft | AED 1.3MAED 1,300,000 · Jan 2024January 2024 |
1703, Peninsula Two in numbers
- Sold once: by Select Global Development on 28 March 2022 for AED 720,400, or AED 1,765 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 12.5%.
- 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 15 October 2026.
Questions about 1703, Peninsula Two
What did unit 1703 last sell for?
AED 720,400 on 28 March 2022, sold by the developer: AED 1,765 per sqft for 408 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 90,000 a year on the contract signed on 15 October 2026.
How big is unit 1703?
408 sqft (37.9 sqm): a studio on the 17th floor of a 35-storey tower completed in 2024.
What is unit 1703 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 1703, Peninsula Two
Starts from the last sale price (AED 720K, 28 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 720,400
- Deposit, UAE resident (20%)
- AED 144,080
- Deposit, non-resident (40%)
- AED 288,160
- Monthly over 25 years at 3.7%
- AED 2,947
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →