Studio · 429 sqftPeninsula Two, Business Bay · 35th floor · completed 2024

3508, Peninsula Two

Sold prices and rental history: sold twice, last in November 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 24 October 2026
Last soldAED 1.1M27 November 2024
Current rentAED 76K /yr24 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Peninsula Two

What is 3508 worth today?

Last sold for AED 1,100,000 in 2024

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24 Oct 2026RentedNew contract
AED 76,000/yr12 months · AED 181 per sqft
27 Nov 2024SoldOff-plan
AED 1,100,000AED 2,566 per sqft
28 Mar 2022Sold by developerOff-plan
AED 852,400AED 1,988 per sqft

Source: Dubai Land Department. Updated 24 October 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
35th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.1M · November 2024

About 3508, Peninsula Two

3508 is a studio of 429 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 27 November 2024 for AED 1,100,000, or AED 2,566 per sqft, 3% above the AED 2,490 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 October 2026. The current contract, signed on 24 October 2026, is AED 76,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 3508 over time

Sales
Unit 3508, each saleTypical studio in Peninsula Two
800K1M1.2M202220242026Typical 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, March 2022: AED 852,400 (AED 1,988 per sqft)Sold, November 2024: AED 1,100,000 (AED 2,566 per sqft)

3508 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3508 sits

All 189 studios →

3508 last sold in November 2024 at AED 2,566 per sqft, 3% above what studios in Peninsula Two were fetching at the time (AED 2,490). 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. 3508's AED 76,000 is in the lower half of that range.

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
3507StudioAED 1.2M · Apr 2024
1–7 of 13

3508, Peninsula Two in numbers

  • Sold twice: first on 28 March 2022 for AED 852,400, last on 27 November 2024 for AED 1,100,000 (AED 2,566 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 6.9%.
  • 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 24 October 2026.

Questions about 3508, Peninsula Two

What did unit 3508 last sell for?

AED 1,100,000 on 27 November 2024: AED 2,566 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 852,400 in March 2022.

What is the rent for unit 3508?

AED 76,000 a year on the contract signed on 24 October 2026.

How big is unit 3508?

429 sqft (39.9 sqm): a studio on the 35th floor of a 35-storey tower completed in 2024.

What is unit 3508 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 3508, Peninsula Two

Starts from the last sale price (AED 1.1M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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