2-bed · 1,543 sqftPeninsula One, Business Bay · 4th floor · completed 2024

404-B, Peninsula One

Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404-B · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 2.83M27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404-B, Peninsula One

What is 404-B worth today?

Last sold for AED 2,832,600 in 2024

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27 May 2024Sold by developerOff-plan
AED 2,832,600AED 1,835 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.83M · May 2024

About 404-B, Peninsula One

404-B is a two-bedroom apartment of 1,543 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 27 May 2024 for AED 2,832,600, or AED 1,835 per sqft, 13% below the AED 2,107 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404-B over time

Sales
Unit 404-B, each saleTypical two-bed in Peninsula One
2M3M202220242026Typical sale price by year: 2022 AED 1,710,300; 2023 AED 1,900,000; 2024 AED 2,100,000; 2025 AED 2,437,500; 2026 AED 2,650,000Sold by developer, May 2024: AED 2,832,600 (AED 1,835 per sqft)

404-B has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404-B, each contractTypical two-bed in Peninsula One
175K180K202520262027Typical rent by year: 2025 AED 180,000; 2026 AED 172,487

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula One, and where 404-B sits

All 141 2-beds →

404-B last sold in May 2024 at AED 1,835 per sqft, 13% below what two-beds in Peninsula One were fetching at the time (AED 2,107). Over the last 12 months two-beds sold for AED 1,812,829 to 4,500,000, around AED 2,456 per sqft, and rent for AED 125,000 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,400,000
11 Sep 20262,850,000
20 Aug 20262,240,000
25 Jun 20262,875,000
21 2-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
4041-bedAED 1.28M · Nov 2022
4052-bedAED 1.67M · Jun 2023
4061-bedAED 1.45M · Apr 2025
407StudioAED 1.1M · Nov 2024
1–7 of 23

404-B, Peninsula One in numbers

  • Sold once: by Select Global Development on 27 May 2024 for AED 2,832,600, or AED 1,835 per sqft.
  • Two-beds in Peninsula One sold for AED 1,812,829–4,500,000 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 27 May 2024.

Questions about 404-B, Peninsula One

What did unit 404-B last sell for?

AED 2,832,600 on 27 May 2024, sold by the developer: AED 1,835 per sqft for 1,543 sqft. It is the only registered sale of the unit.

How big is unit 404-B?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 404-B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,812,829 to 4,500,000 in the last 12 months, around AED 2,456 per sqft.

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Mortgage on 404-B, Peninsula One

Starts from the last sale price (AED 2.83M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,832,600
Deposit, UAE resident (20%)
AED 566,520
Deposit, non-resident (40%)
AED 1,133,040
Monthly over 25 years at 3.7%
AED 11,589

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