1-bed · 663 sqftPeninsula One, Business Bay · 14th floor · completed 2024

1406, Peninsula One

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 1.74M18 April 2025
Current rentAED 114K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Peninsula One

What is 1406 worth today?

Last sold for AED 1,737,000 in 2025

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20 Dec 2025RentedNew contract
AED 113,694/yr12 months · AED 170 per sqft
18 Apr 2025SoldOff-plan
AED 1,737,000AED 2,618 per sqft
21 Jun 2023SoldOff-plan
AED 1,285,000AED 1,937 per sqft
10 Jan 2022Sold by developerOff-plan
AED 1,061,438AED 1,600 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
14th of 35
Parking
B1-133
Developer
Select Global Development
Completed
2024
Last sold
AED 1.74M · April 2025

About 1406, Peninsula One

1406 is a one-bedroom apartment of 663 sqft on the 14th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 18 April 2025 for AED 1,737,000, or AED 2,618 per sqft, 6% above the AED 2,480 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2025. The current contract, signed on 20 December 2025, is AED 113,694 a year: a gross yield of 6.6% on the 2025 price.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical sale price by year: 2022 AED 1,163,050; 2023 AED 1,310,000; 2024 AED 1,530,000; 2025 AED 1,700,000; 2026 AED 1,720,000Sold by developer, January 2022: AED 1,061,438 (AED 1,600 per sqft)Sold, June 2023: AED 1,285,000 (AED 1,937 per sqft)Sold, April 2025: AED 1,737,000 (AED 2,618 per sqft)

1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Peninsula One
114K116K118K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, December 2025: AED 113,694 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula One, and where 1406 sits

All 182 1-beds →

1406 last sold in April 2025 at AED 2,618 per sqft, 6% above what one-beds in Peninsula One were fetching at the time (AED 2,480). Over the last 12 months one-beds sold for AED 1,555,000 to 3,365,000, around AED 2,797 per sqft, and rent for AED 82,000 to 195,000 a year. 1406's AED 113,694 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,100,000
16 Oct 20261,800,000
13 Aug 20261,700,000
28 Jul 20261,555,000
24 1-bed sales in the last 12 months

Peninsula One

Building

518 apartments, studios to 3-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 62 sold in the last 12 months.

Typical price per sqft
AED 2,715 Up 1.5%
Typical sale
AED 1.91M
Typical rent
AED 118K /yr
Typical yield
6.6%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 518 units in Peninsula One
Value
14011-bedAED 1.7M · Aug 2026
14022-bedAED 2.4M · Nov 2025
1403StudioAED 1.36M · Feb 2026
14041-bedAED 1.59M · Feb 2025
14052-bedAED 2.63M · Dec 2025
1407StudioAED 1.08M · Aug 2024
1408StudioAED 1.08M · Sep 2024
1–7 of 13

1406, Peninsula One in numbers

  • Sold 3 times: first on 10 January 2022 for AED 1,061,438, last on 18 April 2025 for AED 1,737,000 (AED 2,618 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 113,694 a year.
  • At AED 113,694 a year the gross yield on the 2025 price is 6.6%.
  • One-beds in Peninsula One sold for AED 1,555,000–3,365,000 in the 12 months to November 2026; the building's median across all types is AED 2,715 per sqft.

Source: Dubai Land Department. Updated 20 December 2025.

Questions about 1406, Peninsula One

What did unit 1406 last sell for?

AED 1,737,000 on 18 April 2025: AED 2,618 per sqft for 663 sqft. The unit has 3 registered sales; the first was AED 1,061,438 in January 2022.

What is the rent for unit 1406?

AED 113,694 a year on the contract signed on 20 December 2025.

How big is unit 1406?

663 sqft (61.6 sqm): a one-bedroom apartment on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula One sold for AED 1,555,000 to 3,365,000 in the last 12 months, around AED 2,797 per sqft.

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Mortgage on 1406, Peninsula One

Starts from the last sale price (AED 1.74M, 18 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,737,000
Deposit, UAE resident (20%)
AED 347,400
Deposit, non-resident (40%)
AED 694,800
Monthly over 25 years at 3.7%
AED 7,107

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