2-bed · 474 sqftPeninsula One, Business Bay · 24th floor · completed 2024

2405, Peninsula One

Sold prices and rental history: sold twice, last in February 2025, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 823K24 February 2025
Current rentAED 150K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Peninsula One

What is 2405 worth today?

Last sold for AED 823,350 in 2025

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10 Jan 2026RentedNew contract
AED 150,000/yr12 months · AED 158 per sqft
24 Feb 2025SoldOff-plan
AED 823,350AED 1,736 per sqft
25 May 2022Sold by developerOff-plan
AED 1,646,700AED 1,735 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
2-bed apartment
Size
474 sqft
Floor
24th of 35
Parking
F2-03
Developer
Select Global Development
Completed
2024
Last sold
AED 823K · February 2025

About 2405, Peninsula One

2405 is a two-bedroom apartment of 474 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 24 February 2025 for AED 823,350, or AED 1,736 per sqft, 22% below the AED 2,219 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2026. The current contract, signed on 10 January 2026, is AED 150,000 a year: a gross yield of 18.2% on the 2025 price.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Peninsula One
1M2M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, May 2022: AED 1,646,700 (AED 1,735 per sqft)Sold, February 2025: AED 823,350 (AED 1,736 per sqft)

2405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Peninsula One
160K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487New contract, January 2026: AED 150,000 a year

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

2-beds in Peninsula One, and where 2405 sits

All 141 2-beds →

2405 last sold in February 2025 at AED 1,736 per sqft, 22% below what two-beds in Peninsula One were fetching at the time (AED 2,219). Over the last 12 months two-beds sold for AED 1,812,829 to 4,500,000, around AED 2,456 per sqft, and rent for AED 125,000 to 350,000 a year. 2405's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-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
24041-bedAED 1.57M · Nov 2024
24061-bedAED 1.53M · May 2024
2407StudioAED 1.15M · Dec 2024
2408StudioAED 1.1M · Mar 2024
1–7 of 13

2405, Peninsula One in numbers

  • Sold twice: first on 25 May 2022 for AED 1,646,700, last on 24 February 2025 for AED 823,350 (AED 1,736 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 18.2%.
  • Two-beds in Peninsula One sold for AED 1,812,829–4,500,000 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 10 January 2026.

Questions about 2405, Peninsula One

What did unit 2405 last sell for?

AED 823,350 on 24 February 2025: AED 1,736 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 1,646,700 in May 2022.

What is the rent for unit 2405?

AED 150,000 a year on the contract signed on 10 January 2026.

How big is unit 2405?

474 sqft (44.0 sqm): a two-bedroom apartment on the 24th floor of a 35-storey tower completed in 2024.

What is unit 2405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,812,829 to 4,500,000 in the last 12 months, around AED 2,456 per sqft.

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Mortgage on 2405, Peninsula One

Starts from the last sale price (AED 823K, 24 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 823,350
Deposit, UAE resident (20%)
AED 164,670
Deposit, non-resident (40%)
AED 329,340
Monthly over 25 years at 3.7%
AED 3,369

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