1-bed · 632 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

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.

Unit 704 · DLD and Ejari recordsUpdated 6 April 2022
Last soldAED 1.08M6 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Peninsula Two

What is 704 worth today?

Last sold for AED 1,081,400 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Apr 2022Sold by developerOff-plan
AED 1,081,400AED 1,710 per sqft

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

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

Sales
Unit 704, 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, April 2022: AED 1,081,400 (AED 1,710 per sqft)

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 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 7th floor

All 439 units in Peninsula Two
Value
7011-bedAED 1.35M · Mar 2024
7022-bedAED 2.25M · Nov 2024
703StudioAED 900K · Jan 2023
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

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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →