2-bed · 919 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

702, Peninsula Two

Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.25M13 November 2024
Current rentAED 140K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Peninsula Two

What is 702 worth today?

Last sold for AED 2,250,000 in 2024

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1 Aug 2026RentedNew contract
AED 140,000/yr12 months · AED 152 per sqft
13 Nov 2024SoldOff-plan
AED 2,250,000AED 2,447 per sqft
25 Jan 2024SoldOff-plan
AED 1,780,000AED 1,936 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,461,700AED 1,590 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
919 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.25M · November 2024

About 702, Peninsula Two

702 is a two-bedroom apartment of 919 sqft on the 7th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 13 November 2024 for AED 2,250,000, or AED 2,447 per sqft, 10% above the AED 2,233 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 140,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Peninsula Two
1.5M2M202220242026Typical sale price by year: 2022 AED 1,576,385; 2023 AED 1,815,000; 2024 AED 2,050,000; 2025 AED 2,332,500; 2026 AED 2,250,000Sold by developer, June 2022: AED 1,461,700 (AED 1,590 per sqft)Sold, January 2024: AED 1,780,000 (AED 1,936 per sqft)Sold, November 2024: AED 2,250,000 (AED 2,447 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 702 sits

All 93 2-beds →

702 last sold in November 2024 at AED 2,447 per sqft, 10% above what two-beds in Peninsula Two were fetching at the time (AED 2,233). 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. 702's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20262,100,000
22 Oct 20262,250,000
5 Oct 20262,300,000
17 Sep 20262,225,000
24 2-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 7th floor

All 439 units in Peninsula Two
Value
7011-bedAED 1.35M · Mar 2024
703StudioAED 900K · Jan 2023
7041-bedAED 1.08M · Apr 2022
7052-bedAED 1.45M · May 2022
7061-bedAED 1.59M · May 2025
707StudioAED 1.05M · May 2024
708StudioAED 763K · Apr 2022
1–7 of 13

702, Peninsula Two in numbers

  • Sold 3 times: first on 27 June 2022 for AED 1,461,700, last on 13 November 2024 for AED 2,250,000 (AED 2,447 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.2%.
  • 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 1 August 2026.

Questions about 702, Peninsula Two

What did unit 702 last sell for?

AED 2,250,000 on 13 November 2024: AED 2,447 per sqft for 919 sqft. The unit has 3 registered sales; the first was AED 1,461,700 in June 2022.

What is the rent for unit 702?

AED 140,000 a year on the contract signed on 1 August 2026.

How big is unit 702?

919 sqft (85.4 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 702 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 702, Peninsula Two

Starts from the last sale price (AED 2.25M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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