
704, 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 704, Peninsula Two
What is 704 worth today?
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Source: Dubai Land Department. Updated 6 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 632 sqft
- Floor
- 7th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.08M · April 2022
- Building
- Peninsula Two
About 704, Peninsula Two
704 is a one-bedroom apartment of 632 sqft on the 7th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 6 April 2022 for AED 1,081,400, or AED 1,710 per sqft, 5% below the AED 1,805 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Two, and where 704 sits
All 157 1-beds →704 last sold in April 2022 at AED 1,710 per sqft, 5% below what one-beds in Peninsula Two were fetching at the time (AED 1,805). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 630 sqft | 1,200,000 | 1,905 | ||
| 6 Oct 20266 October 2026 | 630 sqft | 1,650,000 | 2,619 | ||
| 1 Oct 20261 October 2026 | 671 sqft | 1,515,000 | 2,256 | ||
| 29 Sep 202629 September 2026 | 671 sqft | 1,720,000 | 2,561 |
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 7th floor
All 439 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 688 sqft | AED 1.35MAED 1,350,000 · Mar 2024March 2024 | 110,000 /yr | |
| 702 | 2-bed | 919 sqft | AED 2.25MAED 2,250,000 · Nov 2024November 2024 | 140,000 /yr | |
| 703 | Studio | 408 sqft | AED 900KAED 900,000 · Jan 2023January 2023 | ||
| 705 | 2-bed | 963 sqft | AED 1.45MAED 1,452,800 · May 2022May 2022 | 163,000 /yr | |
| 706 | 1-bed | 682 sqft | AED 1.59MAED 1,590,000 · May 2025May 2025 | 120,000 /yr | |
| 707 | Studio | 434 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | ||
| 708 | Studio | 442 sqft | AED 763KAED 763,400 · Apr 2022April 2022 | ||
| 709 | 2-bed | 927 sqft | AED 1.53MAED 1,529,700 · May 2022May 2022 | ||
| 710 | Studio | 408 sqft | AED 881KAED 880,500 · Jul 2023July 2023 | 65,000 /yr | |
| 711 | 1-bed | 640 sqft | AED 1.56MAED 1,560,000 · Sep 2025September 2025 | 85,000 /yr | |
| 712 | Studio | 407 sqft | AED 970KAED 970,000 · May 2024May 2024 | ||
| 713 | Studio | 408 sqft | AED 723KAED 723,400 · Apr 2022April 2022 | 73,000 /yr | |
| 714 | 1-bed | 293 sqft | AED 1.02MAED 1,019,700 · Apr 2022April 2022 |
704, Peninsula Two in numbers
- Sold once: by Select Global Development on 6 April 2022 for AED 1,081,400, or AED 1,710 per sqft.
- 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 6 April 2022.
Questions about 704, Peninsula Two
What did unit 704 last sell for?
AED 1,081,400 on 6 April 2022, sold by the developer: AED 1,710 per sqft for 632 sqft. It is the only registered sale of the unit.
How big is unit 704?
632 sqft (58.7 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.
What is unit 704 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 704, Peninsula Two
Starts from the last sale price (AED 1.08M, 6 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,081,400
- Deposit, UAE resident (20%)
- AED 216,280
- Deposit, non-resident (40%)
- AED 432,560
- Monthly over 25 years at 3.7%
- AED 4,424
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →