311, Peninsula Two
Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Peninsula Two
What is 311 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 640 sqft
- Floor
- 3rd of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.01M · April 2022
- Building
- Peninsula Two
About 311, Peninsula Two
311 is a one-bedroom apartment of 640 sqft on the 3rd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 11 April 2022 for AED 1,006,900, or AED 1,573 per sqft, 13% below the AED 1,805 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 August 2026. The current contract, signed on 29 August 2026, is AED 85,000 a year: a gross yield of 8.4% on the 2022 price.
Sales and rents for 311 over time
311 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Two, and where 311 sits
All 157 1-beds →311 last sold in April 2022 at AED 1,573 per sqft, 13% below what one-beds in Peninsula Two were fetching at the time (AED 1,805). 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. 311's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 630 sqft | 1,200,000 | 1,905 | ||
| 6 Oct 20266 October 2026 | 630 sqft | 1,650,000 | 2,619 | ||
| 1 Oct 20261 October 2026 | 671 sqft | 1,515,000 | 2,256 | ||
| 29 Sep 202629 September 2026 | 671 sqft | 1,720,000 | 2,561 |
Peninsula Two
Building439 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%
Other units on the 3rd floor
All 439 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 688 sqft | AED 1.12MAED 1,115,000 · Mar 2022March 2022 | 110,000 /yr | |
| 302 | 2-bed | 918 sqft | AED 2.05MAED 2,050,000 · Aug 2026August 2026 | ||
| 303 | Studio | 408 sqft | AED 666KAED 665,973 · Feb 2022February 2022 | 60,000 /yr | |
| 304 | 1-bed | 632 sqft | AED 1.04MAED 1,044,100 · Jan 2022January 2022 | ||
| 305 | 2-bed | 963 sqft | AED 1.41MAED 1,413,500 · Mar 2022March 2022 | ||
| 306 | 1-bed | 682 sqft | AED 1.15MAED 1,149,100 · Apr 2022April 2022 | ||
| 307 | Studio | 434 sqft | AED 1.08MAED 1,082,260 · Nov 2024November 2024 | ||
| 308 | Studio | 442 sqft | AED 745KAED 744,800 · May 2022May 2022 | ||
| 309 | 2-bed | 927 sqft | AED 1.42MAED 1,421,600 · Mar 2022March 2022 | ||
| 310 | Studio | 408 sqft | AED 1.04MAED 1,035,000 · Feb 2025February 2025 | ||
| 312 | Studio | 407 sqft | AED 677KAED 677,100 · May 2022May 2022 | ||
| 313 | Studio | 408 sqft | AED 676KAED 675,500 · Apr 2022April 2022 | ||
| 314 | 1-bed | 586 sqft | AED 1.2MAED 1,200,000 · Jan 2024January 2024 |
311, Peninsula Two in numbers
- Sold once: by Select Global Development on 11 April 2022 for AED 1,006,900, or AED 1,573 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 8.4%.
- 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 29 August 2026.
Questions about 311, Peninsula Two
What did unit 311 last sell for?
AED 1,006,900 on 11 April 2022, sold by the developer: AED 1,573 per sqft for 640 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 85,000 a year on the contract signed on 29 August 2026.
How big is unit 311?
640 sqft (59.5 sqm): a one-bedroom apartment on the 3rd floor of a 35-storey tower completed in 2024.
What is unit 311 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.
Selling 311? Put it on the OpenOffers board
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Mortgage on 311, Peninsula Two
Starts from the last sale price (AED 1.01M, 11 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,006,900
- Deposit, UAE resident (20%)
- AED 201,380
- Deposit, non-resident (40%)
- AED 402,760
- Monthly over 25 years at 3.7%
- AED 4,120
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →