1-bed · 632 sqftPeninsula One, Business Bay · 4th floor · completed 2024

404, Peninsula One

Sold prices and rental history: sold twice, last in November 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 1.28M22 November 2022
Current rentAED 90K /yr30 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Peninsula One

What is 404 worth today?

Last sold for AED 1,275,000 in 2022

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30 Jul 2026RentedNew contract
AED 90,000/yr12 months · AED 144 per sqft
22 Nov 2022SoldOff-plan
AED 1,275,000AED 2,018 per sqft
14 Feb 2022Sold by developerOff-plan
AED 987,600AED 1,563 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.28M · November 2022

About 404, Peninsula One

404 is a one-bedroom apartment of 632 sqft on the 4th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 22 November 2022 for AED 1,275,000, or AED 2,018 per sqft, 9% above the AED 1,845 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 July 2026. The current contract, signed on 30 July 2026, is AED 90,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Peninsula One
1M1.5M202220242026Typical 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 987,600 (AED 1,563 per sqft)Sold, November 2022: AED 1,275,000 (AED 2,018 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Peninsula One
100K120K202520262027Typical rent by year: 2025 AED 117,684; 2026 AED 116,500New contract, July 2026: AED 90,000 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 404 sits

All 182 1-beds →

404 last sold in November 2022 at AED 2,018 per sqft, 9% above what one-beds in Peninsula One were fetching at the time (AED 1,845). 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. 404's AED 90,000 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
4011-bedAED 1.21M · Feb 2022
4022-bedAED 2.3M · Sep 2024
403StudioAED 1.02M · Sep 2025
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

404, Peninsula One in numbers

  • Sold twice: first on 14 February 2022 for AED 987,600, last on 22 November 2022 for AED 1,275,000 (AED 2,018 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.1%.
  • 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 30 July 2026.

Questions about 404, Peninsula One

What did unit 404 last sell for?

AED 1,275,000 on 22 November 2022: AED 2,018 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 987,600 in February 2022.

What is the rent for unit 404?

AED 90,000 a year on the contract signed on 30 July 2026.

How big is unit 404?

632 sqft (58.7 sqm): a one-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 404 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 404, Peninsula One

Starts from the last sale price (AED 1.28M, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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