Studio · 429 sqftPeninsula One, Business Bay · 34th floor · completed 2024

3408, Peninsula One

Sold prices and rental history: sold twice, last in October 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 23 October 2025
Last soldAED 1.3M23 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Peninsula One

What is 3408 worth today?

Last sold for AED 1,295,000 in 2025

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23 Oct 2025SoldReady
AED 1,295,000AED 3,022 per sqft
20 Jul 2022Sold by developerOff-plan
AED 825,100AED 1,925 per sqft

Source: Dubai Land Department. Updated 23 October 2025.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
34th of 35
Parking
F2-39
Developer
Select Global Development
Completed
2024
Last sold
AED 1.3M · October 2025

About 3408, Peninsula One

3408 is a studio of 429 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 23 October 2025 for AED 1,295,000, or AED 3,022 per sqft, 9% above the AED 2,773 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3408 over time

Sales
Unit 3408, each saleTypical studio in Peninsula One
750K1M1.25M202220242026Typical 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, July 2022: AED 825,100 (AED 1,925 per sqft)Sold, October 2025: AED 1,295,000 (AED 3,022 per sqft)

3408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3408, each contractTypical studio in Peninsula One
75K80K85K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000

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 3408 sits

All 186 studios →

3408 last sold in October 2025 at AED 3,022 per sqft, 9% above what studios in Peninsula One were fetching at the time (AED 2,773). 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.

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
3407StudioAED 1.2M · Feb 2025
1–7 of 13

3408, Peninsula One in numbers

  • Sold twice: first on 20 July 2022 for AED 825,100, last on 23 October 2025 for AED 1,295,000 (AED 3,022 per sqft).
  • 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 23 October 2025.

Questions about 3408, Peninsula One

What did unit 3408 last sell for?

AED 1,295,000 on 23 October 2025: AED 3,022 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 825,100 in July 2022.

How big is unit 3408?

429 sqft (39.9 sqm): a studio on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3408 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 3408, Peninsula One

Starts from the last sale price (AED 1.3M, 23 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,000
Deposit, UAE resident (20%)
AED 259,000
Deposit, non-resident (40%)
AED 518,000
Monthly over 25 years at 3.7%
AED 5,298

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