506, Peninsula Two
Sold prices and rental history: sold twice, last in January 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Peninsula Two
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.4M · January 2024
- Building
- Peninsula Two
About 506, Peninsula Two
506 is a one-bedroom apartment of 663 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 11 January 2024 for AED 1,400,000, or AED 2,111 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 September 2026. The current contract, signed on 15 September 2026, is AED 85,000 a year: a gross yield of 6.1% on the 2024 price.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Two, and where 506 sits
All 157 1-beds →506 last sold in January 2024 at AED 2,111 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. 506's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 630 sqft | 1,200,000 | 1,905 | ||
| 6 Oct 20266 October 2026 | 630 sqft | 1,650,000 | 2,619 | ||
| 1 Oct 20261 October 2026 | 671 sqft | 1,515,000 | 2,256 | ||
| 29 Sep 202629 September 2026 | 671 sqft | 1,720,000 | 2,561 |
Peninsula Two
Building439 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%
Other units on the 5th floor
All 439 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 672 sqft | AED 1.25MAED 1,250,000 · Jan 2024January 2024 | ||
| 502 | 2-bed | 904 sqft | AED 1.43MAED 1,425,400 · Apr 2022April 2022 | ||
| 503 | Studio | 408 sqft | AED 668KAED 668,262 · Apr 2022April 2022 | ||
| 504 | 1-bed | 632 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 100,000 /yr | |
| 505 | 2-bed | 943 sqft | AED 2.21MAED 2,210,000 · Aug 2026August 2026 | ||
| 507 | Studio | 417 sqft | AED 1.12MAED 1,122,000 · Apr 2025April 2025 | 65,000 /yr | |
| 508 | Studio | 425 sqft | AED 720KAED 720,202 · Apr 2022April 2022 | ||
| 509 | 2-bed | 912 sqft | AED 1.79MAED 1,790,000 · Oct 2024October 2024 | 135,000 /yr | |
| 510 | Studio | 408 sqft | AED 1.23MAED 1,225,000 · Jun 2026June 2026 | ||
| 511 | 1-bed | 621 sqft | AED 1.32MAED 1,320,000 · Jan 2024January 2024 | ||
| 512 | Studio | 390 sqft | AED 697KAED 697,300 · Mar 2022March 2022 | ||
| 513 | Studio | 390 sqft | AED 1.14MAED 1,140,000 · Dec 2025December 2025 | 55,000 /yr | |
| 514 | 1-bed | 570 sqft | AED 990KAED 989,800 · May 2022May 2022 | 80,000 /yr |
506, Peninsula Two in numbers
- Sold twice: first on 25 March 2022 for AED 1,153,600, last on 11 January 2024 for AED 1,400,000 (AED 2,111 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 6.1%.
- 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 15 September 2026.
Questions about 506, Peninsula Two
What did unit 506 last sell for?
AED 1,400,000 on 11 January 2024: AED 2,111 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 1,153,600 in March 2022.
What is the rent for unit 506?
AED 85,000 a year on the contract signed on 15 September 2026.
How big is unit 506?
663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 506 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 506, Peninsula Two
Starts from the last sale price (AED 1.4M, 11 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →