1-bed · 663 sqftPeninsula Two, Business Bay · 35th floor · completed 2024

3506, Peninsula Two

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.33M25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506, Peninsula Two

What is 3506 worth today?

Last sold for AED 1,328,300 in 2022

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25 Apr 2022Sold by developerOff-plan
AED 1,328,300AED 2,004 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
35th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.33M · April 2022

About 3506, Peninsula Two

3506 is a one-bedroom apartment of 663 sqft on the 35th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 25 April 2022 for AED 1,328,300, or AED 2,004 per sqft, 11% above the AED 1,798 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3506 over time

Sales
Unit 3506, 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, April 2022: AED 1,328,300 (AED 2,004 per sqft)

3506 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 3506 sits

All 157 1-beds →

3506 last sold in April 2022 at AED 2,004 per sqft, 11% above what one-beds in Peninsula Two were fetching at the time (AED 1,798). 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 35th floor

All 439 units in Peninsula Two
Value
35011-bedAED 1.54M · Apr 2024
35022-bedAED 1.67M · May 2022
3503StudioAED 860K · Feb 2023
35041-bedAED 1.24M · May 2022
35052-bedAED 1.7M · Apr 2022
3507StudioAED 1.2M · Apr 2024
3508StudioAED 1.1M · Nov 2024
1–7 of 13

3506, Peninsula Two in numbers

  • Sold once: by Select Global Development on 25 April 2022 for AED 1,328,300, or AED 2,004 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 25 April 2022.

Questions about 3506, Peninsula Two

What did unit 3506 last sell for?

AED 1,328,300 on 25 April 2022, sold by the developer: AED 2,004 per sqft for 663 sqft. It is the only registered sale of the unit.

How big is unit 3506?

663 sqft (61.6 sqm): a one-bedroom apartment on the 35th floor of a 35-storey tower completed in 2024.

What is unit 3506 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 3506, Peninsula Two

Starts from the last sale price (AED 1.33M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,328,300
Deposit, UAE resident (20%)
AED 265,660
Deposit, non-resident (40%)
AED 531,320
Monthly over 25 years at 3.7%
AED 5,434

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