Studio · 408 sqftPeninsula Two, Business Bay · 7th floor · completed 2024

713, Peninsula Two

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

Unit 713 · DLD and Ejari recordsUpdated 22 September 2026
Last soldAED 723K25 April 2022
Current rentAED 73K /yr22 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Peninsula Two

What is 713 worth today?

Last sold for AED 723,400 in 2022

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22 Sep 2026RentedNew contract
AED 73,000/yr12 months · AED 178 per sqft
25 Apr 2022Sold by developerOff-plan
AED 723,400AED 1,772 per sqft

Source: Dubai Land Department. Updated 22 September 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
7th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 723K · April 2022

About 713, Peninsula Two

713 is a studio of 408 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 25 April 2022 for AED 723,400, or AED 1,772 per sqft, 4% below the AED 1,839 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 September 2026. The current contract, signed on 22 September 2026, is AED 73,000 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 713 over time

Sales
Unit 713, 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 723,400 (AED 1,772 per sqft)

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

Studios in Peninsula Two, and where 713 sits

All 189 studios →

713 last sold in April 2022 at AED 1,772 per sqft, 4% below what studios in Peninsula Two were fetching at the time (AED 1,839). 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. 713's AED 73,000 is in the lower half of that range.

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

713, Peninsula Two in numbers

  • Sold once: by Select Global Development on 25 April 2022 for AED 723,400, or AED 1,772 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2022 price is 10.1%.
  • 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 22 September 2026.

Questions about 713, Peninsula Two

What did unit 713 last sell for?

AED 723,400 on 25 April 2022, sold by the developer: AED 1,772 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 713?

AED 73,000 a year on the contract signed on 22 September 2026.

How big is unit 713?

408 sqft (37.9 sqm): a studio on the 7th floor of a 35-storey tower completed in 2024.

What is unit 713 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 713, Peninsula Two

Starts from the last sale price (AED 723K, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 723,400
Deposit, UAE resident (20%)
AED 144,680
Deposit, non-resident (40%)
AED 289,360
Monthly over 25 years at 3.7%
AED 2,960

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