Studio · 417 sqftPeninsula Two, Business Bay · 14th floor · completed 2024

1407, Peninsula Two

Sold prices and rental history: sold 3 times, last in September 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.19M30 September 2025
Current rentAED 60K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Peninsula Two

What is 1407 worth today?

Last sold for AED 1,190,000 in 2025

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20 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
30 Sep 2025SoldOff-plan
AED 1,190,000AED 2,851 per sqft
12 Oct 2023SoldOff-plan
AED 910,000AED 2,180 per sqft
25 Apr 2022Sold by developerOff-plan
AED 759,900AED 1,820 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
14th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.19M · September 2025

About 1407, Peninsula Two

1407 is a studio of 417 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 30 September 2025 for AED 1,190,000, or AED 2,851 per sqft, in line with the AED 2,805 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2026. The current contract, signed on 20 August 2026, is AED 60,000 a year: a gross yield of 5.0% on the 2025 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical studio in Peninsula Two
800K1M1.2M202220242026Typical sale price by year: 2022 AED 757,688; 2023 AED 910,000; 2024 AED 1,050,000; 2025 AED 1,125,000; 2026 AED 1,157,500Sold by developer, April 2022: AED 759,900 (AED 1,820 per sqft)Sold, October 2023: AED 910,000 (AED 2,180 per sqft)Sold, September 2025: AED 1,190,000 (AED 2,851 per sqft)

1407 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 1407 sits

All 189 studios →

1407 last sold in September 2025 at AED 2,851 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,805). Over the last 12 months studios sold for AED 475,000 to 1,275,000, around AED 2,815 per sqft, and rent for AED 55,000 to 135,000 a year. 1407's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Oct 20261,180,000
16 Oct 20261,000,000
8 Oct 20261,022,700
16 Sep 20261,100,000
23 studio 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
14061-bedAED 1.21M · Jul 2022
1408StudioAED 1.07M · May 2024
1–7 of 13

1407, Peninsula Two in numbers

  • Sold 3 times: first on 25 April 2022 for AED 759,900, last on 30 September 2025 for AED 1,190,000 (AED 2,851 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 5.0%.
  • Studios in Peninsula Two sold for AED 475,000–1,275,000 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 August 2026.

Questions about 1407, Peninsula Two

What did unit 1407 last sell for?

AED 1,190,000 on 30 September 2025: AED 2,851 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 759,900 in April 2022.

What is the rent for unit 1407?

AED 60,000 a year on the contract signed on 20 August 2026.

How big is unit 1407?

417 sqft (38.7 sqm): a studio on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Two sold for AED 475,000 to 1,275,000 in the last 12 months, around AED 2,815 per sqft.

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Mortgage on 1407, Peninsula Two

Starts from the last sale price (AED 1.19M, 30 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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