Studio · 417 sqftPeninsula One, Business Bay · 34th floor · completed 2024

3407, Peninsula One

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

Unit 3407 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 1.2M25 February 2025
Current rentAED 100K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Peninsula One

What is 3407 worth today?

Last sold for AED 1,200,000 in 2025

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20 Oct 2025RentedNew contract
AED 99,732/yr12 months · AED 238 per sqft
25 Feb 2025SoldOff-plan
AED 1,200,000AED 2,876 per sqft
21 Mar 2022Sold by developerOff-plan
AED 803,300AED 1,925 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
34th of 35
Parking
F1-87
Developer
Select Global Development
Completed
2024
Last sold
AED 1.2M · February 2025

About 3407, Peninsula One

3407 is a studio of 417 sqft on the 34th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 25 February 2025 for AED 1,200,000, or AED 2,876 per sqft, 11% above the AED 2,599 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2025. The current contract, signed on 20 October 2025, is AED 99,732 a year: a gross yield of 8.3% on the 2025 price.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical studio in Peninsula One
800K1M1.2M202220242026Typical sale price by year: 2022 AED 763,000; 2023 AED 896,000; 2024 AED 1,050,000; 2025 AED 1,150,000; 2026 AED 1,190,000Sold by developer, March 2022: AED 803,300 (AED 1,925 per sqft)Sold, February 2025: AED 1,200,000 (AED 2,876 per sqft)

3407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3407, each contractTypical studio in Peninsula One
80K100K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, October 2025: AED 99,732 a year

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 3407 sits

All 186 studios →

3407 last sold in February 2025 at AED 2,876 per sqft, 11% above what studios in Peninsula One were fetching at the time (AED 2,599). 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. 3407's AED 99,732 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,190,000
8 Oct 20261,050,000
8 Sep 20261,130,000
7 May 20261,140,000
12 studio 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
34061-bedAED 1.2M · Feb 2022
3408StudioAED 1.3M · Oct 2025
1–7 of 13

3407, Peninsula One in numbers

  • Sold twice: first on 21 March 2022 for AED 803,300, last on 25 February 2025 for AED 1,200,000 (AED 2,876 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 99,732 a year.
  • At AED 99,732 a year the gross yield on the 2025 price is 8.3%.
  • 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 20 October 2025.

Questions about 3407, Peninsula One

What did unit 3407 last sell for?

AED 1,200,000 on 25 February 2025: AED 2,876 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 803,300 in March 2022.

What is the rent for unit 3407?

AED 99,732 a year on the contract signed on 20 October 2025.

How big is unit 3407?

417 sqft (38.7 sqm): a studio on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3407 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 3407, Peninsula One

Starts from the last sale price (AED 1.2M, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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