1-bed · 586 sqftPeninsula Two, Business Bay · 3rd floor · completed 2024

314, Peninsula Two

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

Unit 314 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 1.2M23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Peninsula Two

What is 314 worth today?

Last sold for AED 1,200,000 in 2024

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23 Jan 2024SoldOff-plan
AED 1,200,000AED 2,048 per sqft
26 Apr 2022Sold by developerOff-plan
AED 951,000AED 1,623 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
1-bed apartment
Size
586 sqft
Floor
3rd of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · January 2024

About 314, Peninsula Two

314 is a one-bedroom apartment of 586 sqft on the 3rd floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 23 January 2024 for AED 1,200,000, or AED 2,048 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in Peninsula Two
1M1.5M202220242026Typical 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, April 2022: AED 951,000 (AED 1,623 per sqft)Sold, January 2024: AED 1,200,000 (AED 2,048 per sqft)

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

1-beds in Peninsula Two, and where 314 sits

All 157 1-beds →

314 last sold in January 2024 at AED 2,048 per sqft, in line with what one-beds in Peninsula Two were fetching at the time (AED 2,099). 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 3rd floor

All 439 units in Peninsula Two
Value
3011-bedAED 1.12M · Mar 2022
3022-bedAED 2.05M · Aug 2026
303StudioAED 666K · Feb 2022
3041-bedAED 1.04M · Jan 2022
3052-bedAED 1.41M · Mar 2022
3061-bedAED 1.15M · Apr 2022
307StudioAED 1.08M · Nov 2024
1–7 of 13

314, Peninsula Two in numbers

  • Sold twice: first on 26 April 2022 for AED 951,000, last on 23 January 2024 for AED 1,200,000 (AED 2,048 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 2024.

Questions about 314, Peninsula Two

What did unit 314 last sell for?

AED 1,200,000 on 23 January 2024: AED 2,048 per sqft for 586 sqft. The unit has 2 registered sales; the first was AED 951,000 in April 2022.

How big is unit 314?

586 sqft (54.4 sqm): a one-bedroom apartment on the 3rd floor of a 35-storey tower completed in 2024.

What is unit 314 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 314, Peninsula Two

Starts from the last sale price (AED 1.2M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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