2-bed · 912 sqftPeninsula One, Business Bay · 4th floor · completed 2024

409, Peninsula One

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

Unit 409 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 2.28M26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Peninsula One

What is 409 worth today?

Last sold for AED 2,280,000 in 2024

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26 Jun 2024SoldOff-plan
AED 2,280,000AED 2,499 per sqft
15 May 2024SoldOff-plan
AED 1,800,000AED 1,972 per sqft
10 Mar 2022Sold by developerOff-plan
AED 1,444,800AED 1,583 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
2-bed apartment
Size
912 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.28M · June 2024

About 409, Peninsula One

409 is a two-bedroom apartment of 912 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 26 June 2024 for AED 2,280,000, or AED 2,499 per sqft, 18% above the AED 2,116 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Peninsula One
2M202220242026Typical 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, March 2022: AED 1,444,800 (AED 1,583 per sqft)Sold, May 2024: AED 1,800,000 (AED 1,972 per sqft)Sold, June 2024: AED 2,280,000 (AED 2,499 per sqft)

409 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, 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 409 sits

All 141 2-beds →

409 last sold in June 2024 at AED 2,499 per sqft, 18% above what two-beds in Peninsula One were fetching at the time (AED 2,116). 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

409, Peninsula One in numbers

  • Sold 3 times: first on 10 March 2022 for AED 1,444,800, last on 26 June 2024 for AED 2,280,000 (AED 2,499 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 26 June 2024.

Questions about 409, Peninsula One

What did unit 409 last sell for?

AED 2,280,000 on 26 June 2024: AED 2,499 per sqft for 912 sqft. The unit has 3 registered sales; the first was AED 1,444,800 in March 2022.

How big is unit 409?

912 sqft (84.7 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 409 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 409, Peninsula One

Starts from the last sale price (AED 2.28M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,280,000
Deposit, UAE resident (20%)
AED 456,000
Deposit, non-resident (40%)
AED 912,000
Monthly over 25 years at 3.7%
AED 9,328

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