Studio · 408 sqftPeninsula Two, Business Bay · 31st floor · completed 2024

3103, Peninsula Two

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 773K12 May 2022
Current rentAED 60K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Peninsula Two

What is 3103 worth today?

Last sold for AED 773,400 in 2022

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5 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 147 per sqft
12 May 2022Sold by developerOff-plan
AED 773,400AED 1,894 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
31st of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 773K · May 2022

About 3103, Peninsula Two

3103 is a studio of 408 sqft on the 31st floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 12 May 2022 for AED 773,400, or AED 1,894 per sqft, in line with the AED 1,840 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2026. The current contract, signed on 5 September 2026, is AED 60,000 a year: a gross yield of 7.8% on the 2022 price.

Sales and rents for 3103 over time

Sales
Unit 3103, 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 773,400 (AED 1,894 per sqft)

3103 has sold once; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3103 sits

All 189 studios →

3103 last sold in May 2022 at AED 1,894 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 1,840). 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. 3103's AED 60,000 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 31st floor

All 439 units in Peninsula Two
Value
31011-bedAED 1.68M · Nov 2025
31022-bedAED 2.32M · Jul 2025
31041-bedAED 1.22M · Apr 2022
31052-bedAED 1.67M · Apr 2022
31061-bedAED 1.3M · Apr 2022
3107StudioAED 1.15M · Apr 2024
3108StudioAED 1M · May 2024
1–7 of 13

3103, Peninsula Two in numbers

  • Sold once: by Select Global Development on 12 May 2022 for AED 773,400, or AED 1,894 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.8%.
  • 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 5 September 2026.

Questions about 3103, Peninsula Two

What did unit 3103 last sell for?

AED 773,400 on 12 May 2022, sold by the developer: AED 1,894 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 60,000 a year on the contract signed on 5 September 2026.

How big is unit 3103?

408 sqft (37.9 sqm): a studio on the 31st floor of a 35-storey tower completed in 2024.

What is unit 3103 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 3103, Peninsula Two

Starts from the last sale price (AED 773K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 773,400
Deposit, UAE resident (20%)
AED 154,680
Deposit, non-resident (40%)
AED 309,360
Monthly over 25 years at 3.7%
AED 3,164

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