2-bed · 911 sqftPeninsula Two, Business Bay · 14th floor · completed 2024

1409, Peninsula Two

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

Unit 1409 · DLD and Ejari recordsUpdated 9 September 2026
Last soldAED 2.37M6 November 2025
Current rentAED 165K /yr9 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Peninsula Two

What is 1409 worth today?

Last sold for AED 2,365,777 in 2025

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9 Sep 2026RentedNew contract
AED 165,000/yr12 months · AED 180 per sqft
6 Nov 2025SoldOff-plan
AED 2,365,777AED 2,595 per sqft
26 Apr 2024SoldOff-plan
AED 2,020,000AED 2,216 per sqft
12 May 2022Sold by developerOff-plan
AED 1,572,300AED 1,724 per sqft

Source: Dubai Land Department. Updated 9 September 2026.

Key facts

Type
2-bed apartment
Size
911 sqft
Floor
14th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.37M · November 2025

About 1409, Peninsula Two

1409 is a two-bedroom apartment of 911 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 6 November 2025 for AED 2,365,777, or AED 2,595 per sqft, 4% above the AED 2,489 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 September 2026. The current contract, signed on 9 September 2026, is AED 165,000 a year: a gross yield of 7.0% on the 2025 price.

Sales and rents for 1409 over time

Sales
Unit 1409, each saleTypical two-bed in Peninsula Two
1.5M2M2.5M202220242026Typical sale price by year: 2022 AED 1,576,385; 2023 AED 1,815,000; 2024 AED 2,050,000; 2025 AED 2,332,500; 2026 AED 2,250,000Sold by developer, May 2022: AED 1,572,300 (AED 1,724 per sqft)Sold, April 2024: AED 2,020,000 (AED 2,216 per sqft)Sold, November 2025: AED 2,365,777 (AED 2,595 per sqft)

1409 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 1409 sits

All 93 2-beds →

1409 last sold in November 2025 at AED 2,595 per sqft, 4% above what two-beds in Peninsula Two were fetching at the time (AED 2,489). Over the last 12 months two-beds sold for AED 1,950,000 to 2,570,000, around AED 2,463 per sqft, and rent for AED 115,000 to 190,000 a year. 1409's AED 165,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20262,100,000
22 Oct 20262,250,000
5 Oct 20262,300,000
17 Sep 20262,225,000
24 2-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
14061-bedAED 1.21M · Jul 2022
1407StudioAED 1.19M · Sep 2025
1–7 of 13

1409, Peninsula Two in numbers

  • Sold 3 times: first on 12 May 2022 for AED 1,572,300, last on 6 November 2025 for AED 2,365,777 (AED 2,595 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2025 price is 7.0%.
  • Two-beds in Peninsula Two sold for AED 1,950,000–2,570,000 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 9 September 2026.

Questions about 1409, Peninsula Two

What did unit 1409 last sell for?

AED 2,365,777 on 6 November 2025: AED 2,595 per sqft for 911 sqft. The unit has 3 registered sales; the first was AED 1,572,300 in May 2022.

What is the rent for unit 1409?

AED 165,000 a year on the contract signed on 9 September 2026.

How big is unit 1409?

911 sqft (84.6 sqm): a two-bedroom apartment on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Two sold for AED 1,950,000 to 2,570,000 in the last 12 months, around AED 2,463 per sqft.

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Mortgage on 1409, Peninsula Two

Starts from the last sale price (AED 2.37M, 6 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,365,777
Deposit, UAE resident (20%)
AED 473,155
Deposit, non-resident (40%)
AED 946,311
Monthly over 25 years at 3.7%
AED 9,679

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