Studio · 390 sqftPeninsula One, Business Bay · 34th floor · completed 2024

3412, Peninsula One

Sold prices and rental history: sold 3 times, last in July 2024, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3412 · DLD and Ejari recordsUpdated 21 May 2026
Last soldAED 1.17M1 July 2024
Current rentAED 65K /yr21 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3412, Peninsula One

What is 3412 worth today?

Last sold for AED 1,165,000 in 2024

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21 May 2026RentedNew contract
AED 65,000/yr12 months · AED 168 per sqft
1 Jul 2024SoldOff-plan
AED 1,165,000AED 2,986 per sqft
23 May 2023SoldOff-plan
AED 900,000AED 2,307 per sqft
14 Feb 2022Sold by developerOff-plan
AED 836,000AED 2,143 per sqft

Source: Dubai Land Department. Updated 21 May 2026.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
34th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.17M · July 2024

About 3412, Peninsula One

3412 is a studio of 390 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 1 July 2024 for AED 1,165,000, or AED 2,986 per sqft, 27% above the AED 2,346 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 May 2026. The current contract, signed on 21 May 2026, is AED 65,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 3412 over time

Sales
Unit 3412, 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, February 2022: AED 836,000 (AED 2,143 per sqft)Sold, May 2023: AED 900,000 (AED 2,307 per sqft)Sold, July 2024: AED 1,165,000 (AED 2,986 per sqft)

3412 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3412, each contractTypical studio in Peninsula One
70K80K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, May 2026: AED 65,000 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 3412 sits

All 186 studios →

3412 last sold in July 2024 at AED 2,986 per sqft, 27% above what studios in Peninsula One were fetching at the time (AED 2,346). 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. 3412's AED 65,000 is in the lower 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
3407StudioAED 1.2M · Feb 2025
1–7 of 13

3412, Peninsula One in numbers

  • Sold 3 times: first on 14 February 2022 for AED 836,000, last on 1 July 2024 for AED 1,165,000 (AED 2,986 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 21 May 2026.

Questions about 3412, Peninsula One

What did unit 3412 last sell for?

AED 1,165,000 on 1 July 2024: AED 2,986 per sqft for 390 sqft. The unit has 3 registered sales; the first was AED 836,000 in February 2022.

What is the rent for unit 3412?

AED 65,000 a year on the contract signed on 21 May 2026.

How big is unit 3412?

390 sqft (36.2 sqm): a studio on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3412 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 3412, Peninsula One

Starts from the last sale price (AED 1.17M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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