1-bed · 620 sqftPeninsula Two, Business Bay · 31st floor · completed 2024

3111, Peninsula Two

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

Unit 3111 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.2M19 May 2022
Current rentAED 82K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3111, Peninsula Two

What is 3111 worth today?

Last sold for AED 1,197,100 in 2022

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27 Jul 2026RentedNew contract
AED 82,000/yr12 months · AED 133 per sqft
19 May 2022Sold by developerOff-plan
AED 1,197,100AED 1,931 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
31st of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · May 2022

About 3111, Peninsula Two

3111 is a one-bedroom apartment of 620 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 19 May 2022 for AED 1,197,100, or AED 1,931 per sqft, 6% above the AED 1,815 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 July 2026. The current contract, signed on 27 July 2026, is AED 82,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 3111 over time

Sales
Unit 3111, 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, May 2022: AED 1,197,100 (AED 1,931 per sqft)

3111 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 3111 sits

All 157 1-beds →

3111 last sold in May 2022 at AED 1,931 per sqft, 6% above what one-beds in Peninsula Two were fetching at the time (AED 1,815). 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. 3111's AED 82,000 is in the lower half of that range.

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 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

3111, Peninsula Two in numbers

  • Sold once: by Select Global Development on 19 May 2022 for AED 1,197,100, or AED 1,931 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2022 price is 6.9%.
  • 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 27 July 2026.

Questions about 3111, Peninsula Two

What did unit 3111 last sell for?

AED 1,197,100 on 19 May 2022, sold by the developer: AED 1,931 per sqft for 620 sqft. It is the only registered sale of the unit.

What is the rent for unit 3111?

AED 82,000 a year on the contract signed on 27 July 2026.

How big is unit 3111?

620 sqft (57.6 sqm): a one-bedroom apartment on the 31st floor of a 35-storey tower completed in 2024.

What is unit 3111 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 3111, Peninsula Two

Starts from the last sale price (AED 1.2M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,100
Deposit, UAE resident (20%)
AED 239,420
Deposit, non-resident (40%)
AED 478,840
Monthly over 25 years at 3.7%
AED 4,898

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