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

B-1506, Peninsula Four Tower B

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1506 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 1.25M6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1506, Peninsula Four Tower B

What is B-1506 worth today?

Last sold for AED 1,254,000 in 2023

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6 Feb 2023Sold by developerOff-plan
AED 1,254,000AED 2,439 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
15th of 48
Parking
1
Developer
Select Global Development
Completed
2026
Last sold
AED 1.25M · February 2023

About B-1506, Peninsula Four Tower B

B-1506 is a studio of 514 sqft on the 15th floor of Peninsula Four Tower B, a 48-storey tower in Business Bay completed in 2026 by Select Global Development. The developer sold it on 6 February 2023 for AED 1,254,000, or AED 2,439 per sqft, in line with the AED 2,383 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B-1506 over time

Sales
Unit B-1506, each saleTypical studio in Peninsula Four Tower B
1.25M20232024202520262027Typical sale price by year: 2023 AED 1,256,000; 2024 AED 1,220,000; 2025 AED 1,282,500; 2026 AED 1,259,125Sold by developer, February 2023: AED 1,254,000 (AED 2,439 per sqft)

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

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

All 151 studios →

B-1506 last sold in February 2023 at AED 2,439 per sqft, in line with what studios in Peninsula Four Tower B were fetching at the time (AED 2,383). Over the last 12 months studios sold for AED 1,050,000 to 1,480,000, around AED 2,530 per sqft, and rent for AED 70,000 to 160,000 a year.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 20261,280,000
4 Nov 20261,431,000
2 Nov 20261,450,000
28 Oct 20261,050,000
38 studio sales in the last 12 months

Peninsula Four Tower B

Building

492 apartments, studios to 4-bed over 48 floors in Business Bay, completed in 2026 by Select Global Development. 100 sold in the last 12 months.

Typical price per sqft
AED 2,500 Up 3.0%
Typical sale
AED 1.95M
Typical rent
AED 125K /yr
Typical yield
6.3%
Peninsula Four Tower B, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 492 units in Peninsula Four Tower B
Value
B-15011-bedAED 1.97M · Apr 2023
B-15021-bedAED 2.03M · Apr 2023
B-1503StudioAED 1.25M · Feb 2023
B-1504StudioAED 1.26M · Mar 2023
B-1505StudioAED 1.21M · Feb 2023
B-15071-bedAED 2.04M · Apr 2023
B-15081-bedAED 1.98M · Aug 2023
1–7 of 11

B-1506, Peninsula Four Tower B in numbers

  • Sold once: by Select Global Development on 6 February 2023 for AED 1,254,000, or AED 2,439 per sqft.
  • Studios in Peninsula Four Tower B sold for AED 1,050,000–1,480,000 in the 12 months to November 2026; the building's median across all types is AED 2,500 per sqft.

Source: Dubai Land Department. Updated 6 February 2023.

Questions about B-1506, Peninsula Four Tower B

What did unit B-1506 last sell for?

AED 1,254,000 on 6 February 2023, sold by the developer: AED 2,439 per sqft for 514 sqft. It is the only registered sale of the unit.

How big is unit B-1506?

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

What is unit B-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 B sold for AED 1,050,000 to 1,480,000 in the last 12 months, around AED 2,530 per sqft.

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Mortgage on B-1506, Peninsula Four Tower B

Starts from the last sale price (AED 1.25M, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,254,000
Deposit, UAE resident (20%)
AED 250,800
Deposit, non-resident (40%)
AED 501,600
Monthly over 25 years at 3.7%
AED 5,131

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