B-506, Peninsula Four Tower B
Sold prices and rental history: sold once, by the developer in March 2023, 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 B-506, Peninsula Four Tower B
What is B-506 worth today?
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Source: Dubai Land Department. Updated 30 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 5th of 48
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2026
- Last sold
- AED 1.15M · March 2023
- Building
- Peninsula Four Tower B
About B-506, Peninsula Four Tower B
B-506 is a studio of 514 sqft on the 5th 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 30 March 2023 for AED 1,150,000, or AED 2,237 per sqft, 7% below the AED 2,415 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for B-506 over time
B-506 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-506 sits
All 151 studios →B-506 last sold in March 2023 at AED 2,237 per sqft, 7% below what studios in Peninsula Four Tower B were fetching at the time (AED 2,415). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 492 sqft | 1,280,000 | 2,599 | ||
| 4 Nov 20264 November 2026 | 528 sqft | 1,431,000 | 2,712 | ||
| 2 Nov 20262 November 2026 | 528 sqft | 1,450,000 | 2,748 | ||
| 28 Oct 202628 October 2026 | 520 sqft | 1,050,000 | 2,019 |
Peninsula Four Tower B
Building492 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%
Other units on the 5th floor
All 492 units in Peninsula Four Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B-501 | 1-bed | 832 sqft | AED 1.76MAED 1,762,000 · Mar 2023March 2023 | ||
| B-502 | 1-bed | 860 sqft | AED 1.83MAED 1,832,000 · Mar 2023March 2023 | 120,000 /yr | |
| B-503 | Studio | 516 sqft | AED 1.24MAED 1,235,000 · Jun 2025June 2025 | ||
| B-504 | Studio | 520 sqft | AED 1.16MAED 1,164,000 · Mar 2023March 2023 | 80,000 /yr | |
| B-505 | Studio | 500 sqft | AED 1.15MAED 1,150,000 · Aug 2026August 2026 | ||
| B-507 | 1-bed | 860 sqft | AED 1.82MAED 1,820,000 · Apr 2023April 2023 | ||
| B-508 | 1-bed | 832 sqft | AED 2.02MAED 2,020,000 · Aug 2025August 2025 | ||
| B-509 | 2-bed | 1,434 sqft | AED 3.25MAED 3,250,000 · Dec 2025December 2025 | ||
| B-510 | Studio | 492 sqft | AED 1.24MAED 1,239,000 · Apr 2023April 2023 | ||
| B-511 | 1-bed | 971 sqft | AED 2.2MAED 2,200,000 · Mar 2023March 2023 | ||
| B-512 | 3-bed | 1,937 sqft | AED 4.25MAED 4,250,000 · Aug 2025August 2025 |
B-506, Peninsula Four Tower B in numbers
- Sold once: by Select Global Development on 30 March 2023 for AED 1,150,000, or AED 2,237 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 30 March 2023.
Questions about B-506, Peninsula Four Tower B
What did unit B-506 last sell for?
AED 1,150,000 on 30 March 2023, sold by the developer: AED 2,237 per sqft for 514 sqft. It is the only registered sale of the unit.
How big is unit B-506?
514 sqft (47.8 sqm): a studio on the 5th floor of a 48-storey tower completed in 2026.
What is unit B-506 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-506, Peninsula Four Tower B
Starts from the last sale price (AED 1.15M, 30 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →