509, Peninsula Two
Sold prices and rental history: sold twice, last in October 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 509, Peninsula Two
What is 509 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 912 sqft
- Floor
- 5th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.79M · October 2024
- Building
- Peninsula Two
About 509, Peninsula Two
509 is a two-bedroom apartment of 912 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 9 October 2024 for AED 1,790,000, or AED 1,963 per sqft, 11% below the AED 2,205 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 September 2026. The current contract, signed on 7 September 2026, is AED 135,000 a year: a gross yield of 7.5% on the 2024 price.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Two, and where 509 sits
All 93 2-beds →509 last sold in October 2024 at AED 1,963 per sqft, 11% below what two-beds in Peninsula Two were fetching at the time (AED 2,205). Over the last 12 months two-beds sold for AED 1,950,000 to 2,570,000, around AED 2,463 per sqft, and rent for AED 115,000 to 190,000 a year. 509's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 911 sqft | 2,100,000 | 2,305 | ||
| 22 Oct 202622 October 2026 | 943 sqft | 2,250,000 | 2,385 | ||
| 5 Oct 20265 October 2026 | 960 sqft | 2,300,000 | 2,395 | ||
| 17 Sep 202617 September 2026 | 943 sqft | 2,225,000 | 2,358 |
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 | |
| 508 | Studio | 425 sqft | AED 720KAED 720,202 · Apr 2022April 2022 | ||
| 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 |
509, Peninsula Two in numbers
- Sold twice: first on 13 April 2022 for AED 1,493,700, last on 9 October 2024 for AED 1,790,000 (AED 1,963 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 7.5%.
- Two-beds in Peninsula Two sold for AED 1,950,000–2,570,000 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 7 September 2026.
Questions about 509, Peninsula Two
What did unit 509 last sell for?
AED 1,790,000 on 9 October 2024: AED 1,963 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 1,493,700 in April 2022.
What is the rent for unit 509?
AED 135,000 a year on the contract signed on 7 September 2026.
How big is unit 509?
912 sqft (84.7 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Two sold for AED 1,950,000 to 2,570,000 in the last 12 months, around AED 2,463 per sqft.
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Mortgage on 509, Peninsula Two
Starts from the last sale price (AED 1.79M, 9 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,790,000
- Deposit, UAE resident (20%)
- AED 358,000
- Deposit, non-resident (40%)
- AED 716,000
- Monthly over 25 years at 3.7%
- AED 7,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →