Studio · 408 sqftPeninsula Two, Business Bay · 22nd floor · completed 2024

2203, Peninsula Two

Sold prices and rental history: sold twice, last in April 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 920K25 April 2023
Current rentAED 62K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Peninsula Two

What is 2203 worth today?

Last sold for AED 920,000 in 2023

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29 Sep 2026RentedNew contract
AED 62,000/yr12 months · AED 152 per sqft
25 Apr 2023SoldOff-plan
AED 920,000AED 2,255 per sqft
12 May 2022Sold by developerOff-plan
AED 740,800AED 1,815 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
22nd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 920K · April 2023

About 2203, Peninsula Two

2203 is a studio of 408 sqft on the 22nd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 25 April 2023 for AED 920,000, or AED 2,255 per sqft, 20% above the AED 1,879 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 September 2026. The current contract, signed on 29 September 2026, is AED 62,000 a year: a gross yield of 6.7% on the 2023 price.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, May 2022: AED 740,800 (AED 1,815 per sqft)Sold, April 2023: AED 920,000 (AED 2,255 per sqft)

2203 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 2203 sits

All 189 studios →

2203 last sold in April 2023 at AED 2,255 per sqft, 20% above what studios in Peninsula Two were fetching at the time (AED 1,879). 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. 2203's AED 62,000 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 22nd floor

All 439 units in Peninsula Two
Value
22011-bedAED 1.49M · Feb 2024
22022-bedAED 2.35M · Dec 2025
22041-bedAED 1.17M · Mar 2022
22052-bedAED 2.3M · Oct 2026
22061-bedAED 1.27M · May 2022
2207StudioAED 805K · Apr 2022
2208StudioAED 825K · Mar 2022
1–7 of 13

2203, Peninsula Two in numbers

  • Sold twice: first on 12 May 2022 for AED 740,800, last on 25 April 2023 for AED 920,000 (AED 2,255 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 6.7%.
  • 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 29 September 2026.

Questions about 2203, Peninsula Two

What did unit 2203 last sell for?

AED 920,000 on 25 April 2023: AED 2,255 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 740,800 in May 2022.

What is the rent for unit 2203?

AED 62,000 a year on the contract signed on 29 September 2026.

How big is unit 2203?

408 sqft (37.9 sqm): a studio on the 22nd floor of a 35-storey tower completed in 2024.

What is unit 2203 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 2203, Peninsula Two

Starts from the last sale price (AED 920K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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