Studio · 452 sqftPeninsula Two, Business Bay · 2nd floor · completed 2024

204, Peninsula Two

Sold prices and rental history: sold twice, last in February 2024, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 9 November 2026
Last soldAED 995K20 February 2024
Current rentAED 75K /yr9 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Peninsula Two

What is 204 worth today?

Last sold for AED 995,000 in 2024

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9 Nov 2026RentedNew contract
AED 75,000/yr24 months · AED 162 per sqft
20 Feb 2024SoldOff-plan
AED 995,000AED 2,201 per sqft
7 Apr 2022Sold by developerOff-plan
AED 723,400AED 1,600 per sqft

Source: Dubai Land Department. Updated 9 November 2026.

Key facts

Type
Studio apartment
Size
452 sqft
Floor
2nd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 995K · February 2024

About 204, Peninsula Two

204 is a studio of 452 sqft on the 2nd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 20 February 2024 for AED 995,000, or AED 2,201 per sqft, in line with the AED 2,255 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 November 2026. The current contract, signed on 9 November 2026, is AED 75,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 204 over time

Sales
Unit 204, 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, April 2022: AED 723,400 (AED 1,600 per sqft)Sold, February 2024: AED 995,000 (AED 2,201 per sqft)

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

Studios in Peninsula Two, and where 204 sits

All 189 studios →

204 last sold in February 2024 at AED 2,201 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,255). 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. 204's AED 75,000 is in the lower half of that range.

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
203StudioAED 690K · Aug 2022
2051-bedAED 1.34M · Oct 2024

204, Peninsula Two in numbers

  • Sold twice: first on 7 April 2022 for AED 723,400, last on 20 February 2024 for AED 995,000 (AED 2,201 per sqft).
  • Rented since November 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 9 November 2026.

Questions about 204, Peninsula Two

What did unit 204 last sell for?

AED 995,000 on 20 February 2024: AED 2,201 per sqft for 452 sqft. The unit has 2 registered sales; the first was AED 723,400 in April 2022.

What is the rent for unit 204?

AED 75,000 a year on the contract signed on 9 November 2026.

How big is unit 204?

452 sqft (42.0 sqm): a studio on the 2nd floor of a 35-storey tower completed in 2024.

What is unit 204 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 204, Peninsula Two

Starts from the last sale price (AED 995K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 995,000
Deposit, UAE resident (20%)
AED 199,000
Deposit, non-resident (40%)
AED 398,000
Monthly over 25 years at 3.7%
AED 4,071

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