Studio · 429 sqftPeninsula Two, Business Bay · 31st floor · completed 2024

3108, Peninsula Two

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3108 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 1M9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3108, Peninsula Two

What is 3108 worth today?

Last sold for AED 1,000,000 in 2024

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9 May 2024SoldOff-plan
AED 1,000,000AED 2,333 per sqft
31 Jan 2023Sold by developerOff-plan
AED 837,900AED 1,954 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
31st of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1M · May 2024

About 3108, Peninsula Two

3108 is a studio of 429 sqft on the 31st floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 9 May 2024 for AED 1,000,000, or AED 2,333 per sqft, in line with the AED 2,336 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3108 over time

Sales
Unit 3108, 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, January 2023: AED 837,900 (AED 1,954 per sqft)Sold, May 2024: AED 1,000,000 (AED 2,333 per sqft)

3108 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3108 sits

All 189 studios →

3108 last sold in May 2024 at AED 2,333 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,336). 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 31st floor

All 439 units in Peninsula Two
Value
31011-bedAED 1.68M · Nov 2025
31022-bedAED 2.32M · Jul 2025
3103StudioAED 773K · May 2022
31041-bedAED 1.22M · Apr 2022
31052-bedAED 1.67M · Apr 2022
31061-bedAED 1.3M · Apr 2022
3107StudioAED 1.15M · Apr 2024
1–7 of 13

3108, Peninsula Two in numbers

  • Sold twice: first on 31 January 2023 for AED 837,900, last on 9 May 2024 for AED 1,000,000 (AED 2,333 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 9 May 2024.

Questions about 3108, Peninsula Two

What did unit 3108 last sell for?

AED 1,000,000 on 9 May 2024: AED 2,333 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 837,900 in January 2023.

How big is unit 3108?

429 sqft (39.9 sqm): a studio on the 31st floor of a 35-storey tower completed in 2024.

What is unit 3108 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 3108, Peninsula Two

Starts from the last sale price (AED 1M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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