1-bed · 620 sqftPeninsula Two, Business Bay · 23rd floor · completed 2024

2311, Peninsula Two

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2311 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 1.6M23 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2311, Peninsula Two

What is 2311 worth today?

Last sold for AED 1,600,000 in 2025

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23 Jan 2025SoldOff-plan
AED 1,600,000AED 2,581 per sqft
28 Mar 2022Sold by developerOff-plan
AED 1,151,600AED 1,857 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
23rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.6M · January 2025

About 2311, Peninsula Two

2311 is a one-bedroom apartment of 620 sqft on the 23rd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 23 January 2025 for AED 1,600,000, or AED 2,581 per sqft, 12% above the AED 2,314 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2311 over time

Sales
Unit 2311, each saleTypical one-bed in Peninsula Two
1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,162,238; 2023 AED 1,335,000; 2024 AED 1,455,000; 2025 AED 1,600,000; 2026 AED 1,640,000Sold by developer, March 2022: AED 1,151,600 (AED 1,857 per sqft)Sold, January 2025: AED 1,600,000 (AED 2,581 per sqft)

2311 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 2311 sits

All 157 1-beds →

2311 last sold in January 2025 at AED 2,581 per sqft, 12% above what one-beds in Peninsula Two were fetching at the time (AED 2,314). Over the last 12 months one-beds sold for AED 1,018,300 to 1,795,000, around AED 2,589 per sqft, and rent for AED 80,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,200,000
6 Oct 20261,650,000
1 Oct 20261,515,000
29 Sep 20261,720,000
21 1-bed 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 23rd floor

All 439 units in Peninsula Two
Value
23011-bedAED 1.74M · Nov 2025
23022-bedAED 2.05M · Oct 2024
2303StudioAED 1.15M · Sep 2025
23041-bedAED 1.6M · Oct 2024
23052-bedAED 2.2M · Sep 2024
23061-bedAED 1.64M · Oct 2024
2307StudioAED 1.05M · Nov 2024
1–7 of 13

2311, Peninsula Two in numbers

  • Sold twice: first on 28 March 2022 for AED 1,151,600, last on 23 January 2025 for AED 1,600,000 (AED 2,581 per sqft).
  • One-beds in Peninsula Two sold for AED 1,018,300–1,795,000 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 23 January 2025.

Questions about 2311, Peninsula Two

What did unit 2311 last sell for?

AED 1,600,000 on 23 January 2025: AED 2,581 per sqft for 620 sqft. The unit has 2 registered sales; the first was AED 1,151,600 in March 2022.

How big is unit 2311?

620 sqft (57.6 sqm): a one-bedroom apartment on the 23rd floor of a 35-storey tower completed in 2024.

What is unit 2311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Two sold for AED 1,018,300 to 1,795,000 in the last 12 months, around AED 2,589 per sqft.

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Mortgage on 2311, Peninsula Two

Starts from the last sale price (AED 1.6M, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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