1-bed · 570 sqftPeninsula Two, Business Bay · 5th floor · completed 2024

514, Peninsula Two

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 9 July 2026
Last soldAED 990K9 May 2022
Current rentAED 80K /yr9 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Peninsula Two

What is 514 worth today?

Last sold for AED 989,800 in 2022

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9 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 140 per sqft
9 May 2022Sold by developerOff-plan
AED 989,800AED 1,736 per sqft

Source: Dubai Land Department. Updated 9 July 2026.

Key facts

Type
1-bed apartment
Size
570 sqft
Floor
5th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 990K · May 2022

About 514, Peninsula Two

514 is a one-bedroom apartment of 570 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 9 May 2022 for AED 989,800, or AED 1,736 per sqft, 3% below the AED 1,794 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 July 2026. The current contract, signed on 9 July 2026, is AED 80,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 514 over time

Sales
Unit 514, 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, May 2022: AED 989,800 (AED 1,736 per sqft)

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

1-beds in Peninsula Two, and where 514 sits

All 157 1-beds →

514 last sold in May 2022 at AED 1,736 per sqft, 3% below what one-beds in Peninsula Two were fetching at the time (AED 1,794). 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. 514's AED 80,000 is at the bottom 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
5041-bedAED 1.2M · Dec 2023
5052-bedAED 2.21M · Aug 2026
5061-bedAED 1.4M · Jan 2024
507StudioAED 1.12M · Apr 2025
1–7 of 13

514, Peninsula Two in numbers

  • Sold once: by Select Global Development on 9 May 2022 for AED 989,800, or AED 1,736 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.1%.
  • 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 9 July 2026.

Questions about 514, Peninsula Two

What did unit 514 last sell for?

AED 989,800 on 9 May 2022, sold by the developer: AED 1,736 per sqft for 570 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 80,000 a year on the contract signed on 9 July 2026.

How big is unit 514?

570 sqft (53.0 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2024.

What is unit 514 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 514, Peninsula Two

Starts from the last sale price (AED 990K, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 989,800
Deposit, UAE resident (20%)
AED 197,960
Deposit, non-resident (40%)
AED 395,920
Monthly over 25 years at 3.7%
AED 4,050

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