1-bed · 635 sqftPeninsula One, Business Bay · 24th floor · completed 2024

2404, Peninsula One

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 1.57M12 November 2024
Current rentAED 118K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Peninsula One

What is 2404 worth today?

Last sold for AED 1,565,000 in 2024

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31 Aug 2026RentedNew contract
AED 118,000/yr12 months · AED 186 per sqft
22 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 189 per sqft
12 Nov 2024SoldOff-plan
AED 1,565,000AED 2,465 per sqft
23 May 2023SoldOff-plan
AED 1,258,000AED 1,981 per sqft
26 May 2022Sold by developerOff-plan
AED 1,093,800AED 1,723 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
24th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.57M · November 2024

About 2404, Peninsula One

2404 is a one-bedroom apartment of 635 sqft on the 24th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 12 November 2024 for AED 1,565,000, or AED 2,465 per sqft, in line with the AED 2,412 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 31 August 2026, is AED 118,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, May 2022: AED 1,093,800 (AED 1,723 per sqft)Sold, May 2023: AED 1,258,000 (AED 1,981 per sqft)Sold, November 2024: AED 1,565,000 (AED 2,465 per sqft)

2404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, each contractTypical one-bed in Peninsula One
116K118K120K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, October 2025: AED 120,000 a yearNew contract, August 2026: AED 118,000 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 2404 sits

All 182 1-beds →

2404 last sold in November 2024 at AED 2,465 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 2,412). 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. 2404's AED 118,000 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 24th floor

All 518 units in Peninsula One
Value
24011-bedAED 1.92M · Dec 2025
24022-bedAED 1.76M · Mar 2022
2403StudioAED 716K · Feb 2022
24052-bedAED 823K · Feb 2025
24061-bedAED 1.53M · May 2024
2407StudioAED 1.15M · Dec 2024
2408StudioAED 1.1M · Mar 2024
1–7 of 13

2404, Peninsula One in numbers

  • Sold 3 times: first on 26 May 2022 for AED 1,093,800, last on 12 November 2024 for AED 1,565,000 (AED 2,465 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, from AED 120,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 31 August 2026.

Questions about 2404, Peninsula One

What did unit 2404 last sell for?

AED 1,565,000 on 12 November 2024: AED 2,465 per sqft for 635 sqft. The unit has 3 registered sales; the first was AED 1,093,800 in May 2022.

What is the rent for unit 2404?

AED 118,000 a year on the contract signed on 31 August 2026. The previous contract, from October 2025, was AED 120,000.

How big is unit 2404?

635 sqft (59.0 sqm): a one-bedroom apartment on the 24th floor of a 35-storey tower completed in 2024.

What is unit 2404 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 2404, Peninsula One

Starts from the last sale price (AED 1.57M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,565,000
Deposit, UAE resident (20%)
AED 313,000
Deposit, non-resident (40%)
AED 626,000
Monthly over 25 years at 3.7%
AED 6,403

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