1-bed · 632 sqftPeninsula Two, Business Bay · 5th floor · completed 2024

504, Peninsula Two

Sold prices and rental history: sold twice, last in December 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 23 October 2026
Last soldAED 1.2M21 December 2023
Current rentAED 100K /yr23 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Peninsula Two

What is 504 worth today?

Last sold for AED 1,200,000 in 2023

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23 Oct 2026RentedNew contract
AED 100,000/yr12 months · AED 157 per sqft
21 Dec 2023SoldOff-plan
AED 1,200,000AED 1,898 per sqft
5 Apr 2022Sold by developerOff-plan
AED 1,068,400AED 1,690 per sqft

Source: Dubai Land Department. Updated 23 October 2026.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · December 2023

About 504, Peninsula Two

504 is a one-bedroom apartment of 632 sqft on the 5th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 21 December 2023 for AED 1,200,000, or AED 1,898 per sqft, 10% below the AED 2,113 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 October 2026. The current contract, signed on 23 October 2026, is AED 100,000 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, 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 1,068,400 (AED 1,690 per sqft)Sold, December 2023: AED 1,200,000 (AED 1,898 per sqft)

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

1-beds in Peninsula Two, and where 504 sits

All 157 1-beds →

504 last sold in December 2023 at AED 1,898 per sqft, 10% below what one-beds in Peninsula Two were fetching at the time (AED 2,113). 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. 504's AED 100,000 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 5th floor

All 439 units in Peninsula Two
Value
5011-bedAED 1.25M · Jan 2024
5022-bedAED 1.43M · Apr 2022
503StudioAED 668K · Apr 2022
5052-bedAED 2.21M · Aug 2026
5061-bedAED 1.4M · Jan 2024
507StudioAED 1.12M · Apr 2025
508StudioAED 720K · Apr 2022
1–7 of 13

504, Peninsula Two in numbers

  • Sold twice: first on 5 April 2022 for AED 1,068,400, last on 21 December 2023 for AED 1,200,000 (AED 1,898 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 8.3%.
  • 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 October 2026.

Questions about 504, Peninsula Two

What did unit 504 last sell for?

AED 1,200,000 on 21 December 2023: AED 1,898 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 1,068,400 in April 2022.

What is the rent for unit 504?

AED 100,000 a year on the contract signed on 23 October 2026.

How big is unit 504?

632 sqft (58.7 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 504 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 504, Peninsula Two

Starts from the last sale price (AED 1.2M, 21 December 2023). 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 →