1408, Peninsula One
Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Peninsula One
What is 1408 worth today?
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Source: Dubai Land Department. Updated 27 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 14th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.08M · September 2024
- Building
- Peninsula One
About 1408, Peninsula One
1408 is a studio of 425 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 30 September 2024 for AED 1,075,000, or AED 2,528 per sqft, in line with the AED 2,487 studios in the building were fetching at the time.
One Ejari contract is registered, from 27 September 2026. The current contract, signed on 27 September 2026, is AED 85,000 a year: a gross yield of 7.9% on the 2024 price.
Sales and rents for 1408 over time
1408 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Peninsula One, and where 1408 sits
All 186 studios →1408 last sold in September 2024 at AED 2,528 per sqft, in line with what studios in Peninsula One were fetching at the time (AED 2,487). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,013 per sqft, and rent for AED 50,000 to 130,000 a year. 1408's AED 85,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 429 sqft | 1,190,000 | 2,777 | ||
| 8 Oct 20268 October 2026 | 437 sqft | 1,050,000 | 2,400 | ||
| 8 Sep 20268 September 2026 | 390 sqft | 1,130,000 | 2,900 | ||
| 7 May 20267 May 2026 | 390 sqft | 1,140,000 | 2,925 |
Peninsula One
Building518 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%
Other units on the 14th floor
All 518 units in Peninsula One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 671 sqft | AED 1.7MAED 1,700,000 · Aug 2026August 2026 | 105,000 /yr | |
| 1402 | 2-bed | 903 sqft | AED 2.4MAED 2,400,000 · Nov 2025November 2025 | ||
| 1403 | Studio | 407 sqft | AED 1.36MAED 1,360,000 · Feb 2026February 2026 | 60,000 /yr | |
| 1404 | 1-bed | 632 sqft | AED 1.59MAED 1,585,000 · Feb 2025February 2025 | 120,000 /yr | |
| 1405 | 2-bed | 948 sqft | AED 2.63MAED 2,630,000 · Dec 2025December 2025 | ||
| 1406 | 1-bed | 663 sqft | AED 1.74MAED 1,737,000 · Apr 2025April 2025 | 113,694 /yr | |
| 1407 | Studio | 417 sqft | AED 1.08MAED 1,080,000 · Aug 2024August 2024 | ||
| 1409 | 2-bed | 912 sqft | AED 2.33MAED 2,325,000 · Jun 2025June 2025 | ||
| 1410 | Studio | 410 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | ||
| 1411 | 1-bed | 614 sqft | AED 1.62MAED 1,620,000 · Mar 2025March 2025 | 100,000 /yr | |
| 1412 | Studio | 390 sqft | AED 1.11MAED 1,110,000 · Apr 2025April 2025 | 70,000 /yr | |
| 1413 | Studio | 385 sqft | AED 1.11MAED 1,110,000 · Apr 2025April 2025 | 75,000 /yr | |
| 1414 | 1-bed | 570 sqft | AED 1.82MAED 1,820,000 · Dec 2025December 2025 |
1408, Peninsula One in numbers
- Sold 3 times: first on 10 January 2022 for AED 733,530, last on 30 September 2024 for AED 1,075,000 (AED 2,528 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 7.9%.
- Studios in Peninsula One sold for AED 900,000–1,360,000 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 27 September 2026.
Questions about 1408, Peninsula One
What did unit 1408 last sell for?
AED 1,075,000 on 30 September 2024: AED 2,528 per sqft for 425 sqft. The unit has 3 registered sales; the first was AED 733,530 in January 2022.
What is the rent for unit 1408?
AED 85,000 a year on the contract signed on 27 September 2026.
How big is unit 1408?
425 sqft (39.5 sqm): a studio on the 14th floor of a 35-storey tower completed in 2024.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,013 per sqft.
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Mortgage on 1408, Peninsula One
Starts from the last sale price (AED 1.08M, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →