Studio · 514 sqftPeninsula Four Tower A, Business Bay · 15th floor · completed 2026

A-1506, Peninsula Four Tower A

Sold prices and rental history: sold twice, last in January 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1506 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 1.35M19 January 2026
Current rentAED 84K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-1506, Peninsula Four Tower A

What is A-1506 worth today?

Last sold for AED 1,350,000 in 2026

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28 Aug 2026RentedNew contract
AED 84,000/yr12 months · AED 164 per sqft
19 Jan 2026SoldOff-plan
AED 1,350,000AED 2,626 per sqft
27 Jan 2023Sold by developerOff-plan
AED 1,236,000AED 2,404 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
15th of 48
Parking
1
Developer
Select Global Development
Completed
2026
Last sold
AED 1.35M · January 2026

About A-1506, Peninsula Four Tower A

A-1506 is a studio of 514 sqft on the 15th floor of Peninsula Four Tower A, a 48-storey tower in Business Bay completed in 2026 by Select Global Development. It last sold on 19 January 2026 for AED 1,350,000, or AED 2,626 per sqft, 7% above the AED 2,457 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2026. The current contract, signed on 28 August 2026, is AED 84,000 a year: a gross yield of 6.2% on the 2026 price.

Sales and rents for A-1506 over time

Sales
Unit A-1506, each saleTypical studio in Peninsula Four Tower A
1.3M202220242026Typical sale price by year: 2022 AED 1,237,000; 2023 AED 1,244,000; 2024 AED 1,244,410; 2025 AED 1,280,000; 2026 AED 1,287,500Sold by developer, January 2023: AED 1,236,000 (AED 2,404 per sqft)Sold, January 2026: AED 1,350,000 (AED 2,626 per sqft)

A-1506 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Four Tower A, and where A-1506 sits

All 151 studios →

A-1506 last sold in January 2026 at AED 2,626 per sqft, 7% above what studios in Peninsula Four Tower A were fetching at the time (AED 2,457). Over the last 12 months studios sold for AED 1,022,000 to 1,530,000, around AED 2,509 per sqft, and rent for AED 74,000 to 100,000 a year. A-1506's AED 84,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 20261,215,000
16 Oct 20261,215,000
1 Oct 20261,265,000
25 Sep 20261,250,000
37 studio sales in the last 12 months

Peninsula Four Tower A

Building

492 apartments, studios to 4-bed over 48 floors in Business Bay, completed in 2026 by Select Global Development. 109 sold in the last 12 months.

Typical price per sqft
AED 2,549 Up 3.7%
Typical sale
AED 2.13M
Typical rent
AED 130K /yr
Typical yield
6.0%
Peninsula Four Tower A, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 492 units in Peninsula Four Tower A
Value
A-15011-bedAED 1.86M · Mar 2023
A-15021-bedAED 1.91M · Dec 2022
A-1503StudioAED 1.23M · Nov 2022
A-1504StudioAED 1.24M · Nov 2022
A-1505StudioAED 1.2M · Jan 2023
A-15071-bedAED 1.87M · Dec 2022
A-15081-bedAED 1.96M · Jan 2023
1–7 of 11

A-1506, Peninsula Four Tower A in numbers

  • Sold twice: first on 27 January 2023 for AED 1,236,000, last on 19 January 2026 for AED 1,350,000 (AED 2,626 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2026 price is 6.2%.
  • Studios in Peninsula Four Tower A sold for AED 1,022,000–1,530,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.

Source: Dubai Land Department. Updated 28 August 2026.

Questions about A-1506, Peninsula Four Tower A

What did unit A-1506 last sell for?

AED 1,350,000 on 19 January 2026: AED 2,626 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 1,236,000 in January 2023.

What is the rent for unit A-1506?

AED 84,000 a year on the contract signed on 28 August 2026.

How big is unit A-1506?

514 sqft (47.8 sqm): a studio on the 15th floor of a 48-storey tower completed in 2026.

What is unit A-1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Four Tower A sold for AED 1,022,000 to 1,530,000 in the last 12 months, around AED 2,509 per sqft.

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Mortgage on A-1506, Peninsula Four Tower A

Starts from the last sale price (AED 1.35M, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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