1-bed · 860 sqftPeninsula Four Tower B, Business Bay · 4th floor · completed 2026

B-407, Peninsula Four Tower B

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-407 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 2.55M6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-407, Peninsula Four Tower B

What is B-407 worth today?

Last sold for AED 2,545,000 in 2024

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6 May 2024SoldOff-plan
AED 2,545,000AED 2,958 per sqft
31 Mar 2023Sold by developerOff-plan
AED 1,804,000AED 2,097 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
4th of 48
Parking
1
Developer
Select Global Development
Completed
2026
Last sold
AED 2.55M · May 2024

About B-407, Peninsula Four Tower B

B-407 is a one-bedroom apartment of 860 sqft on the 4th floor of Peninsula Four Tower B, a 48-storey tower in Business Bay completed in 2026 by Select Global Development. It last sold on 6 May 2024 for AED 2,545,000, or AED 2,958 per sqft, 18% above the AED 2,514 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B-407 over time

Sales
Unit B-407, each saleTypical one-bed in Peninsula Four Tower B
2M2.5M202220242026Typical sale price by year: 2022 AED 1,961,000; 2023 AED 2,111,000; 2024 AED 2,020,000; 2025 AED 2,150,000; 2026 AED 2,170,000Sold by developer, March 2023: AED 1,804,000 (AED 2,097 per sqft)Sold, May 2024: AED 2,545,000 (AED 2,958 per sqft)

B-407 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Four Tower B, and where B-407 sits

All 236 1-beds →

B-407 last sold in May 2024 at AED 2,958 per sqft, 18% above what one-beds in Peninsula Four Tower B were fetching at the time (AED 2,514). Over the last 12 months one-beds sold for AED 1,400,000 to 2,450,000, around AED 2,405 per sqft, and rent for AED 90,000 to 175,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20262,175,000
28 Oct 20262,175,000
22 Oct 20261,740,000
22 Oct 20262,450,000
42 1-bed 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 4th floor

All 492 units in Peninsula Four Tower B
Value
B-4011-bedAED 1.76M · Feb 2023
B-4021-bedAED 2.18M · Nov 2026
B-403StudioAED 1.15M · Mar 2023
B-404StudioAED 1.16M · Feb 2023
B-405StudioAED 1.16M · Aug 2023
B-406StudioAED 1.14M · Apr 2023
B-4081-bedAED 1.89M · Mar 2023
1–7 of 11

B-407, Peninsula Four Tower B in numbers

  • Sold twice: first on 31 March 2023 for AED 1,804,000, last on 6 May 2024 for AED 2,545,000 (AED 2,958 per sqft).
  • One-beds in Peninsula Four Tower B sold for AED 1,400,000–2,450,000 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 May 2024.

Questions about B-407, Peninsula Four Tower B

What did unit B-407 last sell for?

AED 2,545,000 on 6 May 2024: AED 2,958 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 1,804,000 in March 2023.

How big is unit B-407?

860 sqft (79.9 sqm): a one-bedroom apartment on the 4th floor of a 48-storey tower completed in 2026.

What is unit B-407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Four Tower B sold for AED 1,400,000 to 2,450,000 in the last 12 months, around AED 2,405 per sqft.

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Mortgage on B-407, Peninsula Four Tower B

Starts from the last sale price (AED 2.55M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,545,000
Deposit, UAE resident (20%)
AED 509,000
Deposit, non-resident (40%)
AED 1,018,000
Monthly over 25 years at 3.7%
AED 10,412

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