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Sold for AED 1,700,000: 1-Bedroom Apartment in Peninsula One

Located in Business Bay, Dubai. Its price per sqft is −6% vs the Peninsula One median (AED 2,690/sqft).

All Business Bay salesPeninsula One prices

Sale price

AED 1,700,000

Per sqft
AED 2,532
Registered
13 Aug 2026, 10:44 (Dubai)
Peninsula One, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in Peninsula One: same layout, exact size (671 sqft) and parking bay B1-144. The registry has no unit numbers, so records are matched on these details.

  1. 13 Aug 2026This sale

    671 sqft · AED 2,532/sqft · Ready

    First recordAED 1,700,000

  2. 13 Aug 2026Mortgage

    Same day as previous · 671 sqft · AED 2,026/sqft · Ready

    20%lower than the previous recordAED 1,360,000
Records
2
Registered
Same day
as the mortgage, 13 Aug 2026
Loan to value
80%
AED 1.36M mortgage on the AED 1.7M sale

02 / The property

Property details

Size
671 sqft · 62.37 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B1-144
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Peninsula One (7 Jan 2026 – 9 Oct 2026)

31 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
9 Oct 20261.19M−30% vs selected2,777+10% vs selected
8 Oct 20261.05M−38% vs selected2,400−5% vs selected
1 Oct 20262.4M+41% vs selected2,5270% vs selected
11 Sept 20262.85M+68% vs selected2,516−1% vs selected
8 Sept 20261.13M−34% vs selected2,900+15% vs selected
20 Aug 20262.24M+32% vs selected2,456−3% vs selected
1 BR · 671 sqftReadySelected sale
13 Aug 20261.7M2,532
31 Jul 20261.92M+13% vs selected2,261−11% vs selected
28 Jul 20261.56M−9% vs selected2,460−3% vs selected
29 Jun 20261.05M−38% vs selected2,498−1% vs selected
25 Jun 20262.88M+69% vs selected3,185+26% vs selected
12 Jun 20261.64M−4% vs selected2,953+17% vs selected
1 Jun 20263.7M+118% vs selected2,403−5% vs selected
13 May 20261.7M0% vs selected2,690+6% vs selected
7 May 20261.14M−33% vs selected2,926+16% vs selected
6 Apr 20263.5M+106% vs selected2,274−10% vs selected
3 Apr 20262.6M+53% vs selected2,877+14% vs selected
31 Mar 20261.68M−1% vs selected2,617+3% vs selected
3 Mar 20261.81M+7% vs selected1,913−24% vs selected
27 Feb 20262.7M+59% vs selected2,849+13% vs selected
24 Feb 20262.34M+38% vs selected3,214+27% vs selected
4 Feb 20263.88M+128% vs selected2,068−18% vs selected
2 Feb 20261.36M−20% vs selected3,343+32% vs selected
30 Jan 20261.29M−24% vs selected3,320+31% vs selected
27 Jan 20261.85M+9% vs selected3,157+25% vs selected
23 Jan 20262.6M+53% vs selected2,877+14% vs selected
13 Jan 20261.83M+7% vs selected2,939+16% vs selected
13 Jan 20264.3M+153% vs selected2,904+15% vs selected
8 Jan 20263.88M+128% vs selected2,401−5% vs selected
7 Jan 20261.7M0% vs selected2,690+6% vs selected

04 / Renting it out

What similar apartments rent for

Median of 162 market rents of apartments of 571–772 sq ft in Business Bay. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 80,000
Per sqft / yr
AED 116/sqft
Gross yield
4.7%