Unit 514, Peninsula Two: what it sold for and what it is worth now

Unit 514 at Peninsula Two is a 1 bed of 570 sq ft. It last sold for AED 989,800 on 9 May 2022. At AED 2,632 per sq ft, from 3 sales of units ending 14 (same position in the tower), it is worth about AED 1,500,000 today.

Value todayAED 1,500,000AED 1,475,000 to AED 1,600,000
Last saleAED 989,8009 May 2022 · Off-plan
Change since last sale+51.5% 
Rent (median asking, 1 bed)AED 105,000Gross yield 7.0%
Bedrooms1 bed
Size570 sq ft
Floor5 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingPeninsula Two by Select Group, handed over 2026
Registered sales of this unit1

Every registered sale of unit 514

DatePriceSizeAED/sq ftType
9 May 2022AED 989,800570 sq ft1,736Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
241424 Sep 2026AED 1,500,000570 sq ft2,632Resale
8146 Aug 2026AED 1,450,000570 sq ft2,544Resale
34141 Jul 2026AED 1,700,000570 sq ft2,982Resale
141423 Dec 2025AED 1,700,000570 sq ft2,982Off-plan
101414 Nov 2025AED 1,018,300570 sq ft1,786Off-plan
321423 Oct 2025AED 1,230,000586 sq ft2,099Off-plan
30148 Oct 2025AED 1,650,000570 sq ft2,895Off-plan
22144 Sep 2025AED 1,565,000586 sq ft2,671Off-plan

Latest 1 bed sales in Peninsula Two

UnitDatePriceSizeAED/sq ftType
30046 Oct 2026AED 1,650,000630 sq ft2,619Resale
19011 Oct 2026AED 1,515,000671 sq ft2,258Resale
260129 Sep 2026AED 1,720,000671 sq ft2,563Resale
241424 Sep 2026AED 1,500,000570 sq ft2,632Resale
290424 Sep 2026AED 1,695,000630 sq ft2,690Resale
271125 Aug 2026AED 1,660,000637 sq ft2,606Resale
320420 Aug 2026AED 1,630,000630 sq ft2,587Resale
131118 Aug 2026AED 1,390,000618 sq ft2,249Resale

How we worked out the value

We took the 3 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,632). We multiplied it by the size of this unit (570 sq ft). The range uses the middle half of those sales (AED 2,588 to AED 2,807 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 514 at Peninsula Two worth?

About AED 1,500,000 (range AED 1,475,000 to AED 1,600,000), based on AED 2,632 per sq ft from registered sales up to 19 Oct 2026.

When did unit 514 last sell?

9 May 2022, for AED 989,800 (off-plan). It has 1 registered sale.

What rent can unit 514 make?

A 1 bed in Peninsula Two rents for about AED 105,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Peninsula TwoAll sales in Peninsula Two

Unit 513 · Unit 601