Studio · 417 sqftPeninsula Two, Business Bay · 5th floor · completed 2024

507, Peninsula Two

Sold prices and rental history: sold twice, last in April 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.12M29 April 2025
Current rentAED 65K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Peninsula Two

What is 507 worth today?

Last sold for AED 1,122,000 in 2025

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20 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
29 Apr 2025SoldOff-plan
AED 1,122,000AED 2,688 per sqft
6 Apr 2022Sold by developerOff-plan
AED 723,600AED 1,733 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.12M · April 2025

About 507, Peninsula Two

507 is a studio of 417 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 29 April 2025 for AED 1,122,000, or AED 2,688 per sqft, in line with the AED 2,620 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2026. The current contract, signed on 20 August 2026, is AED 65,000 a year: a gross yield of 5.8% on the 2025 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, April 2022: AED 723,600 (AED 1,733 per sqft)Sold, April 2025: AED 1,122,000 (AED 2,688 per sqft)

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

Studios in Peninsula Two, and where 507 sits

All 189 studios →

507 last sold in April 2025 at AED 2,688 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,620). 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. 507's AED 65,000 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 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
5041-bedAED 1.2M · Dec 2023
5052-bedAED 2.21M · Aug 2026
5061-bedAED 1.4M · Jan 2024
508StudioAED 720K · Apr 2022
1–7 of 13

507, Peninsula Two in numbers

  • Sold twice: first on 6 April 2022 for AED 723,600, last on 29 April 2025 for AED 1,122,000 (AED 2,688 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 5.8%.
  • 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 20 August 2026.

Questions about 507, Peninsula Two

What did unit 507 last sell for?

AED 1,122,000 on 29 April 2025: AED 2,688 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 723,600 in April 2022.

What is the rent for unit 507?

AED 65,000 a year on the contract signed on 20 August 2026.

How big is unit 507?

417 sqft (38.7 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.

What is unit 507 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 507, Peninsula Two

Starts from the last sale price (AED 1.12M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,122,000
Deposit, UAE resident (20%)
AED 224,400
Deposit, non-resident (40%)
AED 448,800
Monthly over 25 years at 3.7%
AED 4,590

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