406, Peninsula Five - Tower 2
Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Peninsula Five - Tower 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 7 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,975 sqft
- Floor
- 4th of 4
- Parking
- B1-311
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 5.35M · January 2025
- Building
- Peninsula Five - Tower 2
About 406, Peninsula Five - Tower 2
406 is a two-bedroom apartment of 1,975 sqft on the 4th floor of Peninsula Five - Tower 2, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 7 January 2025 for AED 5,350,000, or AED 2,708 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Five - Tower 2, and where 406 sits
All 8 2-beds →Over the last 12 months two-beds sold for AED 3,400,000 to 7,300,000, around AED 2,594 per sqft, and rent for AED 240,000 to 520,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 2,361 sqft | 7,300,000 | 3,092 | ||
| 8 Jan 20268 January 2026 | 1,622 sqft | 3,400,000 | 2,095 | ||
| 22 Aug 202522 August 2025 | 1,982 sqft | 5,900,000 | 2,977 | ||
| 26 May 202526 May 2025 | 2,370 sqft | 4,350,000 | 1,835 |
Peninsula Five - Tower 2
Building30 apartments, 1-bed to 4-bed over 4 floors in Business Bay, completed in 2024 by Select Global Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,878
- Typical sale
- AED 5.6M
- Typical rent
- AED 375K /yr
- Typical yield
- 6.0%
Other units on the 4th floor
All 30 units in Peninsula Five - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,286 sqft | AED 6.95MAED 6,950,000 · Jun 2025June 2025 | ||
| 402 | 4-bed | 4,730 sqft | AED 9.7MAED 9,703,500 · Sep 2022September 2022 | 850,000 /yr | |
| 403 | 4-bed | 4,721 sqft | AED 6.14MAED 6,137,780 · Nov 2022November 2022 | ||
| 404 | 2-bed | 1,936 sqft | AED 5.4MAED 5,400,000 · Mar 2025March 2025 | ||
| 405 | 3-bed | 2,722 sqft | AED 3.54MAED 3,539,127 · Jul 2022July 2022 | 475,073 /yr |
406, Peninsula Five - Tower 2 in numbers
- Sold twice: first on 23 August 2022 for AED 4,947,400, last on 7 January 2025 for AED 5,350,000 (AED 2,708 per sqft).
- Two-beds in Peninsula Five - Tower 2 sold for AED 3,400,000–7,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,878 per sqft.
Source: Dubai Land Department. Updated 7 January 2025.
Questions about 406, Peninsula Five - Tower 2
What did unit 406 last sell for?
AED 5,350,000 on 7 January 2025: AED 2,708 per sqft for 1,975 sqft. The unit has 2 registered sales; the first was AED 4,947,400 in August 2022.
How big is unit 406?
1,975 sqft (183.5 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 2 sold for AED 3,400,000 to 7,300,000 in the last 12 months, around AED 2,594 per sqft.
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Mortgage on 406, Peninsula Five - Tower 2
Starts from the last sale price (AED 5.35M, 7 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,350,000
- Deposit, UAE resident (20%)
- AED 1,070,000
- Deposit, non-resident (40%)
- AED 2,140,000
- Monthly over 25 years at 3.7%
- AED 21,889
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →