Studio · 408 sqftPeninsula Two, Business Bay · 6th floor · completed 2024

603, Peninsula Two

Sold prices and rental history: sold 3 times, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 1.07M24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Peninsula Two

What is 603 worth today?

Last sold for AED 1,070,000 in 2025

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24 Jan 2025SoldOff-plan
AED 1,070,000AED 2,621 per sqft
7 Mar 2024SoldOff-plan
AED 860,000AED 2,106 per sqft
6 Apr 2022Sold by developerOff-plan
AED 685,900AED 1,680 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
6th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.07M · January 2025

About 603, Peninsula Two

603 is a studio of 408 sqft on the 6th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 24 January 2025 for AED 1,070,000, or AED 2,621 per sqft, 3% above the AED 2,536 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Peninsula Two
750K1M202220242026Typical 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 685,900 (AED 1,680 per sqft)Sold, March 2024: AED 860,000 (AED 2,106 per sqft)Sold, January 2025: AED 1,070,000 (AED 2,621 per sqft)

603 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 603 sits

All 189 studios →

603 last sold in January 2025 at AED 2,621 per sqft, 3% above what studios in Peninsula Two were fetching at the time (AED 2,536). 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 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 6th floor

All 439 units in Peninsula Two
Value
6011-bedAED 1.4M · Dec 2023
6022-bedAED 1.43M · Apr 2022
6041-bedAED 1.07M · Jan 2023
6052-bedAED 1.43M · Mar 2022
6061-bedAED 1.15M · Apr 2022
607StudioAED 1.23M · Jun 2026
608StudioAED 980K · Jan 2024
1–7 of 13

603, Peninsula Two in numbers

  • Sold 3 times: first on 6 April 2022 for AED 685,900, last on 24 January 2025 for AED 1,070,000 (AED 2,621 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 24 January 2025.

Questions about 603, Peninsula Two

What did unit 603 last sell for?

AED 1,070,000 on 24 January 2025: AED 2,621 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 685,900 in April 2022.

How big is unit 603?

408 sqft (37.9 sqm): a studio on the 6th floor of a 35-storey tower completed in 2024.

What is unit 603 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 603, Peninsula Two

Starts from the last sale price (AED 1.07M, 24 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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