1-bed · 632 sqftPeninsula Two, Business Bay · 14th floor · completed 2024

1404, Peninsula Two

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 13 October 2023
Last soldAED 1.5M13 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Peninsula Two

What is 1404 worth today?

Last sold for AED 1,500,000 in 2023

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13 Oct 2023SoldOff-plan
AED 1,500,000AED 2,373 per sqft
5 Apr 2022Sold by developerOff-plan
AED 1,124,100AED 1,778 per sqft

Source: Dubai Land Department. Updated 13 October 2023.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
14th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.5M · October 2023

About 1404, Peninsula Two

1404 is a one-bedroom apartment of 632 sqft on the 14th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 13 October 2023 for AED 1,500,000, or AED 2,373 per sqft, 12% above the AED 2,126 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in Peninsula Two
1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,162,238; 2023 AED 1,335,000; 2024 AED 1,455,000; 2025 AED 1,600,000; 2026 AED 1,640,000Sold by developer, April 2022: AED 1,124,100 (AED 1,778 per sqft)Sold, October 2023: AED 1,500,000 (AED 2,373 per sqft)

1404 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 1404 sits

All 157 1-beds →

1404 last sold in October 2023 at AED 2,373 per sqft, 12% above what one-beds in Peninsula Two were fetching at the time (AED 2,126). Over the last 12 months one-beds sold for AED 1,018,300 to 1,795,000, around AED 2,589 per sqft, and rent for AED 80,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,200,000
6 Oct 20261,650,000
1 Oct 20261,515,000
29 Sep 20261,720,000
21 1-bed sales in the last 12 months

Peninsula Two

Building

439 apartments, studios to 2-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 68 sold in the last 12 months.

Typical price per sqft
AED 2,577 Down 0.8%
Typical sale
AED 1.67M
Typical rent
AED 90K /yr
Typical yield
6.0%
Peninsula Two, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 439 units in Peninsula Two
Value
14011-bedAED 1.42M · Oct 2023
14022-bedAED 2.4M · Dec 2025
1403StudioAED 717K · Feb 2022
14052-bedAED 2.36M · Apr 2025
14061-bedAED 1.21M · Jul 2022
1407StudioAED 1.19M · Sep 2025
1408StudioAED 1.07M · May 2024
1–7 of 13

1404, Peninsula Two in numbers

  • Sold twice: first on 5 April 2022 for AED 1,124,100, last on 13 October 2023 for AED 1,500,000 (AED 2,373 per sqft).
  • One-beds in Peninsula Two sold for AED 1,018,300–1,795,000 in the 12 months to November 2026; the building's median across all types is AED 2,577 per sqft.

Source: Dubai Land Department. Updated 13 October 2023.

Questions about 1404, Peninsula Two

What did unit 1404 last sell for?

AED 1,500,000 on 13 October 2023: AED 2,373 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 1,124,100 in April 2022.

How big is unit 1404?

632 sqft (58.7 sqm): a one-bedroom apartment on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Two sold for AED 1,018,300 to 1,795,000 in the last 12 months, around AED 2,589 per sqft.

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Mortgage on 1404, Peninsula Two

Starts from the last sale price (AED 1.5M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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