Studio · 401 sqftPeninsula Two, Business Bay · 2nd floor · completed 2024

203, Peninsula Two

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 11 August 2022
Last soldAED 690K11 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Peninsula Two

What is 203 worth today?

Last sold for AED 690,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Aug 2022Sold by developerOff-plan
AED 690,000AED 1,721 per sqft

Source: Dubai Land Department. Updated 11 August 2022.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 690K · August 2022

About 203, Peninsula Two

203 is a studio of 401 sqft on the 2nd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 11 August 2022 for AED 690,000, or AED 1,721 per sqft, 7% below the AED 1,849 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical studio in Peninsula Two
750K1M202220242026Typical 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, August 2022: AED 690,000 (AED 1,721 per sqft)

203 has sold once; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 203 sits

All 189 studios →

203 last sold in August 2022 at AED 1,721 per sqft, 7% below what studios in Peninsula Two were fetching at the time (AED 1,849). 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 2nd floor

All 439 units in Peninsula Two
Value
2011-bedAED 1.01M · May 2022
202StudioAED 1.1M · Nov 2025
204StudioAED 995K · Feb 2024
2051-bedAED 1.34M · Oct 2024

203, Peninsula Two in numbers

  • Sold once: by Select Global Development on 11 August 2022 for AED 690,000, or AED 1,721 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 11 August 2022.

Questions about 203, Peninsula Two

What did unit 203 last sell for?

AED 690,000 on 11 August 2022, sold by the developer: AED 1,721 per sqft for 401 sqft. It is the only registered sale of the unit.

How big is unit 203?

401 sqft (37.3 sqm): a studio on the 2nd floor of a 35-storey tower completed in 2024.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Peninsula Two

Starts from the last sale price (AED 690K, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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