2-bed · 1,434 sqftPeninsula Four Tower A, Business Bay · 16th floor · completed 2026

A-1609, Peninsula Four Tower A

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit A-1609 · DLD and Ejari recordsUpdated 18 September 2026

Last soldAED 3.09M11 January 2023

Current rentAED 230K /yr18 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for A-1609, Peninsula Four Tower A

Today

What is A-1609 worth today?

Last sold for AED 3,089,000 in 2023

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18 Sep 2026

18 Sep 2026RentedNew contract

AED 230,000/yr12 months · AED 161 per sqft

11 Jan 2023

11 Jan 2023Sold by developerOff-plan

AED 3,089,000AED 2,153 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type: 2-bed apartment
Size: 1,434 sqft
Floor: 16th of 48
Parking: 1
Developer: Select Global Development
Completed: 2026
Last sold: AED 3.09M · January 2023
Building: Peninsula Four Tower A

About A-1609, Peninsula Four Tower A

A-1609 is a two-bedroom apartment of 1,434 sqft on the 16th floor of Peninsula Four Tower A, a 48-storey tower in Business Bay completed in 2026 by Select Global Development. The developer sold it on 11 January 2023 for AED 3,089,000, or AED 2,153 per sqft, 3% below the AED 2,221 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 September 2026. The current contract, signed on 18 September 2026, is AED 230,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for A-1609 over time

Sales

Unit A-1609, each saleTypical two-bed in Peninsula Four Tower A

A-1609 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Four Tower A, and where A-1609 sits

All 66 2-beds →

2-beds in Peninsula Four Tower A · last 12 months2,579 /sqft Peninsula Four Tower A · all types2,549 /sqft

A-1609 last sold in January 2023 at AED 2,153 per sqft, 3% below what two-beds in Peninsula Four Tower A were fetching at the time (AED 2,221). Over the last 12 months two-beds sold for AED 3,260,000 to 4,100,000, around AED 2,579 per sqft, and rent for AED 215,000 to 240,000 a year. A-1609's AED 230,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	1,460 sqft	4,100,000	2,807
17 Sep 202617 September 2026	1,430 sqft	3,260,000	2,279
27 Apr 202627 April 2026	1,434 sqft	3,500,000	2,440
23 Apr 202623 April 2026	1,436 sqft	3,570,000	2,486

13 2-bed 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 16th floor

All 492 units in Peninsula Four Tower A


A-1601	1-bed	832 sqft	AED 1.87MAED 1,866,000 · Jan 2023January 2023
A-1602	1-bed	860 sqft	AED 1.92MAED 1,919,000 · Jan 2023January 2023
A-1603	Studio	516 sqft	AED 1.24MAED 1,239,480 · Dec 2022December 2022
A-1604	Studio	520 sqft	AED 1.2MAED 1,197,950 · Aug 2024August 2024
A-1605	Studio	500 sqft	AED 1.21MAED 1,210,000 · Aug 2024August 2024	77,000 /yr
A-1606	Studio	514 sqft	AED 1.18MAED 1,183,700 · Aug 2024August 2024
A-1607	1-bed	860 sqft	AED 1.9MAED 1,900,000 · Dec 2022December 2022
A-1608	1-bed	832 sqft	AED 1.99MAED 1,993,000 · Mar 2023March 2023
A-1610	Studio	492 sqft	AED 1.31MAED 1,305,000 · Jan 2023January 2023
A-1611	1-bed	971 sqft	AED 2.32MAED 2,317,000 · Feb 2023February 2023
A-1612	3-bed	1,937 sqft	AED 4.13MAED 4,130,000 · Jan 2023January 2023	280,000 /yr

1–7 of 11

A-1609, Peninsula Four Tower A in numbers

Sold once: by Select Global Development on 11 January 2023 for AED 3,089,000, or AED 2,153 per sqft.
Rented since September 2026 on one Ejari contract, at AED 230,000 a year.
At AED 230,000 a year the gross yield on the 2023 price is 7.4%.
Two-beds in Peninsula Four Tower A sold for AED 3,260,000–4,100,000 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 18 September 2026.

Questions about A-1609, Peninsula Four Tower A

What did unit A-1609 last sell for?

AED 3,089,000 on 11 January 2023, sold by the developer: AED 2,153 per sqft for 1,434 sqft. It is the only registered sale of the unit.

What is the rent for unit A-1609?

AED 230,000 a year on the contract signed on 18 September 2026.

How big is unit A-1609?

1,434 sqft (133.2 sqm): a two-bedroom apartment on the 16th floor of a 48-storey tower completed in 2026.

What is unit A-1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Four Tower A sold for AED 3,260,000 to 4,100,000 in the last 12 months, around AED 2,579 per sqft.

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Mortgage on A-1609, Peninsula Four Tower A

Starts from the last sale price (AED 3.09M, 11 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 3,089,000
Deposit, UAE resident (20%): AED 617,800
Deposit, non-resident (40%): AED 1,235,600
Monthly over 25 years at 3.7%: AED 12,638

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