508, Peninsula Two
Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Peninsula Two
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 April 2022.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 720K · April 2022
- Building
- Peninsula Two
About 508, Peninsula Two
508 is a studio of 425 sqft on the 5th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 5 April 2022 for AED 720,202, or AED 1,694 per sqft, 9% below the AED 1,866 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Two, and where 508 sits
All 189 studios →508 last sold in April 2022 at AED 1,694 per sqft, 9% below what studios in Peninsula Two were fetching at the time (AED 1,866). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 390 sqft | 1,180,000 | 3,028 | ||
| 16 Oct 202616 October 2026 | 390 sqft | 1,000,000 | 2,567 | ||
| 8 Oct 20268 October 2026 | 408 sqft | 1,022,700 | 2,503 | ||
| 16 Sep 202616 September 2026 | 409 sqft | 1,100,000 | 2,692 |
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 | ||
| 506 | 1-bed | 663 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 85,000 /yr | |
| 507 | Studio | 417 sqft | AED 1.12MAED 1,122,000 · Apr 2025April 2025 | 65,000 /yr | |
| 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 |
508, Peninsula Two in numbers
- Sold once: by Select Global Development on 5 April 2022 for AED 720,202, or AED 1,694 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 5 April 2022.
Questions about 508, Peninsula Two
What did unit 508 last sell for?
AED 720,202 on 5 April 2022, sold by the developer: AED 1,694 per sqft for 425 sqft. It is the only registered sale of the unit.
How big is unit 508?
425 sqft (39.5 sqm): a studio on the 5th floor of a 35-storey tower completed in 2024.
What is unit 508 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 508, Peninsula Two
Starts from the last sale price (AED 720K, 5 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 720,202
- Deposit, UAE resident (20%)
- AED 144,040
- Deposit, non-resident (40%)
- AED 288,081
- Monthly over 25 years at 3.7%
- AED 2,947
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →