Studio · 442 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

708, 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 708 · DLD and Ejari recordsUpdated 6 April 2022
Last soldAED 763K6 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Peninsula Two

What is 708 worth today?

Last sold for AED 763,400 in 2022

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6 Apr 2022Sold by developerOff-plan
AED 763,400AED 1,725 per sqft

Source: Dubai Land Department. Updated 6 April 2022.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 763K · April 2022

About 708, Peninsula Two

708 is a studio of 442 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 763,400, or AED 1,725 per sqft, 7% below the AED 1,863 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical studio in Peninsula Two
800K1M1.2M202220242026Typical 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 763,400 (AED 1,725 per sqft)

708 has sold once; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 708 sits

All 189 studios →

708 last sold in April 2022 at AED 1,725 per sqft, 7% below what studios in Peninsula Two were fetching at the time (AED 1,863). 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 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
7041-bedAED 1.08M · Apr 2022
7052-bedAED 1.45M · May 2022
7061-bedAED 1.59M · May 2025
707StudioAED 1.05M · May 2024
1–7 of 13

708, Peninsula Two in numbers

  • Sold once: by Select Global Development on 6 April 2022 for AED 763,400, or AED 1,725 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 6 April 2022.

Questions about 708, Peninsula Two

What did unit 708 last sell for?

AED 763,400 on 6 April 2022, sold by the developer: AED 1,725 per sqft for 442 sqft. It is the only registered sale of the unit.

How big is unit 708?

442 sqft (41.1 sqm): a studio on the 7th floor of a 35-storey tower completed in 2024.

What is unit 708 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 708, Peninsula Two

Starts from the last sale price (AED 763K, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 763,400
Deposit, UAE resident (20%)
AED 152,680
Deposit, non-resident (40%)
AED 305,360
Monthly over 25 years at 3.7%
AED 3,123

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