2-bed · 949 sqftPeninsula Two, Business Bay · 24th floor · completed 2024

2405, 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 2405 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 1.6M20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Peninsula Two

What is 2405 worth today?

Last sold for AED 1,603,500 in 2022

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20 Jul 2022Sold by developerOff-plan
AED 1,603,500AED 1,689 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
2-bed apartment
Size
949 sqft
Floor
24th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.6M · July 2022

About 2405, Peninsula Two

2405 is a two-bedroom apartment of 949 sqft on the 24th 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 1,603,500, or AED 1,689 per sqft, in line with the AED 1,698 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Peninsula Two
1.5M2M202220242026Typical 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, July 2022: AED 1,603,500 (AED 1,689 per sqft)

2405 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 2405 sits

All 93 2-beds →

2405 last sold in July 2022 at AED 1,689 per sqft, in line with what two-beds in Peninsula Two were fetching at the time (AED 1,698). 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.

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 24th floor

All 439 units in Peninsula Two
Value
24011-bedAED 1.26M · Jul 2022
24022-bedAED 1.58M · Apr 2022
2403StudioAED 893K · Nov 2022
24041-bedAED 1.12M · May 2022
24061-bedAED 1.48M · Dec 2022
2407StudioAED 1.24M · Mar 2025
2408StudioAED 1.25M · May 2025
1–7 of 13

2405, Peninsula Two in numbers

  • Sold once: by Select Global Development on 20 July 2022 for AED 1,603,500, or AED 1,689 per sqft.
  • 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 20 July 2022.

Questions about 2405, Peninsula Two

What did unit 2405 last sell for?

AED 1,603,500 on 20 July 2022, sold by the developer: AED 1,689 per sqft for 949 sqft. It is the only registered sale of the unit.

How big is unit 2405?

949 sqft (88.2 sqm): a two-bedroom apartment on the 24th floor of a 35-storey tower completed in 2024.

What is unit 2405 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 2405, Peninsula Two

Starts from the last sale price (AED 1.6M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,500
Deposit, UAE resident (20%)
AED 320,700
Deposit, non-resident (40%)
AED 641,400
Monthly over 25 years at 3.7%
AED 6,560

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