1-bed · 663 sqftPeninsula Two, Business Bay · 14th floor · completed 2024

1406, Peninsula Two

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 1.21M20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Peninsula Two

What is 1406 worth today?

Last sold for AED 1,211,700 in 2022

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20 Jul 2022Sold by developerOff-plan
AED 1,211,700AED 1,827 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
14th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.21M · July 2022

About 1406, Peninsula Two

1406 is a one-bedroom apartment of 663 sqft on the 14th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 20 July 2022 for AED 1,211,700, or AED 1,827 per sqft, in line with the AED 1,820 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, July 2022: AED 1,211,700 (AED 1,827 per sqft)

1406 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Two, and where 1406 sits

All 157 1-beds →

1406 last sold in July 2022 at AED 1,827 per sqft, in line with what one-beds in Peninsula Two were fetching at the time (AED 1,820). 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
14041-bedAED 1.5M · Oct 2023
14052-bedAED 2.36M · Apr 2025
1407StudioAED 1.19M · Sep 2025
1408StudioAED 1.07M · May 2024
1–7 of 13

1406, Peninsula Two in numbers

  • Sold once: by Select Global Development on 20 July 2022 for AED 1,211,700, or AED 1,827 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 20 July 2022.

Questions about 1406, Peninsula Two

What did unit 1406 last sell for?

AED 1,211,700 on 20 July 2022, sold by the developer: AED 1,827 per sqft for 663 sqft. It is the only registered sale of the unit.

How big is unit 1406?

663 sqft (61.6 sqm): a one-bedroom apartment on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1406 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 1406, Peninsula Two

Starts from the last sale price (AED 1.21M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,211,700
Deposit, UAE resident (20%)
AED 242,340
Deposit, non-resident (40%)
AED 484,680
Monthly over 25 years at 3.7%
AED 4,957

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