Studio · 417 sqftPeninsula Two, Business Bay · 35th floor · completed 2024

3507, Peninsula Two

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

Unit 3507 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 1.2M2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3507, Peninsula Two

What is 3507 worth today?

Last sold for AED 1,200,000 in 2024

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2 Apr 2024SoldOff-plan
AED 1,200,000AED 2,876 per sqft
19 May 2022Sold by developerOff-plan
AED 831,600AED 1,993 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
35th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · April 2024

About 3507, Peninsula Two

3507 is a studio of 417 sqft on the 35th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 2 April 2024 for AED 1,200,000, or AED 2,876 per sqft, 25% above the AED 2,309 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3507 over time

Sales
Unit 3507, each saleTypical studio in Peninsula Two
750K1M1.25M202220242026Typical 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, May 2022: AED 831,600 (AED 1,993 per sqft)Sold, April 2024: AED 1,200,000 (AED 2,876 per sqft)

3507 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3507 sits

All 189 studios →

3507 last sold in April 2024 at AED 2,876 per sqft, 25% above what studios in Peninsula Two were fetching at the time (AED 2,309). 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 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
35061-bedAED 1.33M · Apr 2022
3508StudioAED 1.1M · Nov 2024
1–7 of 13

3507, Peninsula Two in numbers

  • Sold twice: first on 19 May 2022 for AED 831,600, last on 2 April 2024 for AED 1,200,000 (AED 2,876 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 2 April 2024.

Questions about 3507, Peninsula Two

What did unit 3507 last sell for?

AED 1,200,000 on 2 April 2024: AED 2,876 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 831,600 in May 2022.

How big is unit 3507?

417 sqft (38.7 sqm): a studio on the 35th floor of a 35-storey tower completed in 2024.

What is unit 3507 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 3507, Peninsula Two

Starts from the last sale price (AED 1.2M, 2 April 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 →