1-bed · 664 sqftPeninsula One, Business Bay · 34th floor · completed 2024

3406, Peninsula One

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 1.2M14 February 2022
Current rentAED 130K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Peninsula One

What is 3406 worth today?

Last sold for AED 1,195,300 in 2022

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5 Nov 2025RentedNew contract
AED 130,000/yr12 months · AED 195 per sqft
14 Feb 2022Sold by developerOff-plan
AED 1,195,300AED 1,799 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
34th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · February 2022

About 3406, Peninsula One

3406 is a one-bedroom apartment of 664 sqft on the 34th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 14 February 2022 for AED 1,195,300, or AED 1,799 per sqft, in line with the AED 1,804 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2025. The current contract, signed on 5 November 2025, is AED 130,000 a year: a gross yield of 10.9% on the 2022 price.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical one-bed in Peninsula One
1.5M202220242026Typical 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, February 2022: AED 1,195,300 (AED 1,799 per sqft)

3406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3406, each contractTypical one-bed in Peninsula One
120K130K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, November 2025: AED 130,000 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 3406 sits

All 182 1-beds →

3406 last sold in February 2022 at AED 1,799 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 1,804). 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. 3406's AED 130,000 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 34th floor

All 518 units in Peninsula One
Value
34011-bedAED 2M · Dec 2025
34022-bedAED 2.6M · Apr 2026
3403StudioAED 1.25M · Nov 2025
34041-bedAED 1.15M · Jul 2022
34052-bedAED 1.74M · May 2022
3407StudioAED 1.2M · Feb 2025
3408StudioAED 1.3M · Oct 2025
1–7 of 13

3406, Peninsula One in numbers

  • Sold once: by Select Global Development on 14 February 2022 for AED 1,195,300, or AED 1,799 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 10.9%.
  • 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 5 November 2025.

Questions about 3406, Peninsula One

What did unit 3406 last sell for?

AED 1,195,300 on 14 February 2022, sold by the developer: AED 1,799 per sqft for 664 sqft. It is the only registered sale of the unit.

What is the rent for unit 3406?

AED 130,000 a year on the contract signed on 5 November 2025.

How big is unit 3406?

664 sqft (61.7 sqm): a one-bedroom apartment on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3406 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 3406, Peninsula One

Starts from the last sale price (AED 1.2M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,300
Deposit, UAE resident (20%)
AED 239,060
Deposit, non-resident (40%)
AED 478,120
Monthly over 25 years at 3.7%
AED 4,890

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