Studio · 408 sqftPeninsula Two, Business Bay · 24th floor · completed 2024

2403, Peninsula Two

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 893K1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Peninsula Two

What is 2403 worth today?

Last sold for AED 893,000 in 2022

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1 Nov 2022SoldOff-plan
AED 893,000AED 2,187 per sqft
20 May 2022Sold by developerOff-plan
AED 747,700AED 1,831 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
24th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 893K · November 2022

About 2403, Peninsula Two

2403 is a studio of 408 sqft on the 24th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 1 November 2022 for AED 893,000, or AED 2,187 per sqft, 18% above the AED 1,850 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, May 2022: AED 747,700 (AED 1,831 per sqft)Sold, November 2022: AED 893,000 (AED 2,187 per sqft)

2403 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 2403 sits

All 189 studios →

2403 last sold in November 2022 at AED 2,187 per sqft, 18% above what studios in Peninsula Two were fetching at the time (AED 1,850). 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.

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 24th floor

All 439 units in Peninsula Two
Value
24011-bedAED 1.26M · Jul 2022
24022-bedAED 1.58M · Apr 2022
24041-bedAED 1.12M · May 2022
24052-bedAED 1.6M · Jul 2022
24061-bedAED 1.48M · Dec 2022
2407StudioAED 1.24M · Mar 2025
2408StudioAED 1.25M · May 2025
1–7 of 13

2403, Peninsula Two in numbers

  • Sold twice: first on 20 May 2022 for AED 747,700, last on 1 November 2022 for AED 893,000 (AED 2,187 per sqft).
  • 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 1 November 2022.

Questions about 2403, Peninsula Two

What did unit 2403 last sell for?

AED 893,000 on 1 November 2022: AED 2,187 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 747,700 in May 2022.

How big is unit 2403?

408 sqft (37.9 sqm): a studio on the 24th floor of a 35-storey tower completed in 2024.

What is unit 2403 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 2403, Peninsula Two

Starts from the last sale price (AED 893K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 893,000
Deposit, UAE resident (20%)
AED 178,600
Deposit, non-resident (40%)
AED 357,200
Monthly over 25 years at 3.7%
AED 3,654

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