2-bed · 963 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

705, Peninsula Two

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 705 · DLD and Ejari recordsUpdated 12 September 2026

Last soldAED 1.45M9 May 2022

Current rentAED 163K /yr12 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 705, Peninsula Two

Today

What is 705 worth today?

Last sold for AED 1,452,800 in 2022

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12 Sep 2026

12 Sep 2026RentedNew contract

AED 163,000/yr12 months · AED 170 per sqft

9 May 2022

9 May 2022Sold by developerOff-plan

AED 1,452,800AED 1,508 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type: 2-bed apartment
Size: 963 sqft
Floor: 7th of 35
Parking: 1
Developer: Select Global Development
Completed: 2024
Last sold: AED 1.45M · May 2022
Building: Peninsula Two

About 705, Peninsula Two

705 is a two-bedroom apartment of 963 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 9 May 2022 for AED 1,452,800, or AED 1,508 per sqft, 10% below the AED 1,678 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2026. The current contract, signed on 12 September 2026, is AED 163,000 a year: a gross yield of 11.2% on the 2022 price.

Sales and rents for 705 over time

Sales

Unit 705, each saleTypical two-bed in Peninsula Two

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

2-beds in Peninsula Two, and where 705 sits

All 93 2-beds →

2-beds in Peninsula Two · last 12 months2,463 /sqft Peninsula Two · all types2,577 /sqft

705 last sold in May 2022 at AED 1,508 per sqft, 10% below what two-beds in Peninsula Two were fetching at the time (AED 1,678). 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. 705's AED 163,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	911 sqft	2,100,000	2,305
22 Oct 202622 October 2026	943 sqft	2,250,000	2,385
5 Oct 20265 October 2026	960 sqft	2,300,000	2,395
17 Sep 202617 September 2026	943 sqft	2,225,000	2,358

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


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
704	1-bed	632 sqft	AED 1.08MAED 1,081,400 · Apr 2022April 2022
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

1–7 of 13

705, Peninsula Two in numbers

Sold once: by Select Global Development on 9 May 2022 for AED 1,452,800, or AED 1,508 per sqft.
Rented since September 2026 on one Ejari contract, at AED 163,000 a year.
At AED 163,000 a year the gross yield on the 2022 price is 11.2%.
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 12 September 2026.

Questions about 705, Peninsula Two

What did unit 705 last sell for?

AED 1,452,800 on 9 May 2022, sold by the developer: AED 1,508 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 163,000 a year on the contract signed on 12 September 2026.

How big is unit 705?

963 sqft (89.5 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2024.

What is unit 705 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 705, Peninsula Two

Starts from the last sale price (AED 1.45M, 9 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,452,800
Deposit, UAE resident (20%): AED 290,560
Deposit, non-resident (40%): AED 581,120
Monthly over 25 years at 3.7%: AED 5,944

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