1-bed · 671 sqftPeninsula One, Business Bay · 4th floor · completed 2024

401, Peninsula One

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 1.21M1 February 2022
Current rentAED 115K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Peninsula One

What is 401 worth today?

Last sold for AED 1,207,500 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Oct 2026RentedRenewal
AED 115,000/yr12 months · AED 172 per sqft
1 Feb 2022Sold by developerOff-plan
AED 1,207,500AED 1,798 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.21M · February 2022

About 401, Peninsula One

401 is a one-bedroom apartment of 671 sqft on the 4th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 1 February 2022 for AED 1,207,500, or AED 1,798 per sqft, in line with the AED 1,778 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2026. The current contract, renewed on 25 October 2026, is AED 115,000 a year: a gross yield of 9.5% on the 2022 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 1,207,500 (AED 1,798 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Peninsula One
116K118K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500Renewal, October 2026: AED 115,000 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 401 sits

All 182 1-beds →

401 last sold in February 2022 at AED 1,798 per sqft, in line with what one-beds in Peninsula One were fetching at the time (AED 1,778). 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. 401's AED 115,000 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 4th floor

All 518 units in Peninsula One
Value
4022-bedAED 2.3M · Sep 2024
403StudioAED 1.02M · Sep 2025
4041-bedAED 1.28M · Nov 2022
4052-bedAED 1.67M · Jun 2023
4061-bedAED 1.45M · Apr 2025
407StudioAED 1.1M · Nov 2024
408StudioAED 799K · Sep 2022
1–7 of 23

401, Peninsula One in numbers

  • Sold once: by Select Global Development on 1 February 2022 for AED 1,207,500, or AED 1,798 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 9.5%.
  • 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 25 October 2026.

Questions about 401, Peninsula One

What did unit 401 last sell for?

AED 1,207,500 on 1 February 2022, sold by the developer: AED 1,798 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 115,000 a year on the contract renewed on 25 October 2026.

How big is unit 401?

671 sqft (62.3 sqm): a one-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 401 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.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Peninsula One

Starts from the last sale price (AED 1.21M, 1 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,207,500
Deposit, UAE resident (20%)
AED 241,500
Deposit, non-resident (40%)
AED 483,000
Monthly over 25 years at 3.7%
AED 4,940

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