Studio · 417 sqftPeninsula One, Business Bay · 4th floor · completed 2024

407, Peninsula One

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.1M18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Peninsula One

What is 407 worth today?

Last sold for AED 1,100,000 in 2024

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18 Nov 2024SoldOff-plan
AED 1,100,000AED 2,636 per sqft
28 Feb 2024SoldOff-plan
AED 930,000AED 2,229 per sqft
1 Mar 2022Sold by developerOff-plan
AED 655,600AED 1,571 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.1M · November 2024

About 407, Peninsula One

407 is a studio of 417 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 18 November 2024 for AED 1,100,000, or AED 2,636 per sqft, 3% above the AED 2,553 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2022: AED 655,600 (AED 1,571 per sqft)Sold, February 2024: AED 930,000 (AED 2,229 per sqft)Sold, November 2024: AED 1,100,000 (AED 2,636 per sqft)

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

Rents
Unit 407, 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 407 sits

All 186 studios →

407 last sold in November 2024 at AED 2,636 per sqft, 3% above what studios in Peninsula One were fetching at the time (AED 2,553). 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 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
408StudioAED 799K · Sep 2022
1–7 of 23

407, Peninsula One in numbers

  • Sold 3 times: first on 1 March 2022 for AED 655,600, last on 18 November 2024 for AED 1,100,000 (AED 2,636 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 18 November 2024.

Questions about 407, Peninsula One

What did unit 407 last sell for?

AED 1,100,000 on 18 November 2024: AED 2,636 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 655,600 in March 2022.

How big is unit 407?

417 sqft (38.7 sqm): a studio on the 4th floor of a 35-storey tower completed in 2024.

What is unit 407 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 407, Peninsula One

Starts from the last sale price (AED 1.1M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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