Studio · 417 sqftPeninsula Two, Business Bay · 24th floor · completed 2024

2407, Peninsula Two

Sold prices and rental history: sold 3 times, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 1.24M3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Peninsula Two

What is 2407 worth today?

Last sold for AED 1,240,000 in 2025

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3 Mar 2025SoldOff-plan
AED 1,240,000AED 2,972 per sqft
26 May 2023SoldOff-plan
AED 950,000AED 2,277 per sqft
10 Aug 2022Sold by developerOff-plan
AED 791,100AED 1,896 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
24th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.24M · March 2025

About 2407, Peninsula Two

2407 is a studio of 417 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 3 March 2025 for AED 1,240,000, or AED 2,972 per sqft, 16% above the AED 2,566 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical studio in Peninsula Two
750K1M1.25M202220242026Typical 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, August 2022: AED 791,100 (AED 1,896 per sqft)Sold, May 2023: AED 950,000 (AED 2,277 per sqft)Sold, March 2025: AED 1,240,000 (AED 2,972 per sqft)

2407 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 2407 sits

All 189 studios →

2407 last sold in March 2025 at AED 2,972 per sqft, 16% above what studios in Peninsula Two were fetching at the time (AED 2,566). 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
2403StudioAED 893K · Nov 2022
24041-bedAED 1.12M · May 2022
24052-bedAED 1.6M · Jul 2022
24061-bedAED 1.48M · Dec 2022
2408StudioAED 1.25M · May 2025
1–7 of 13

2407, Peninsula Two in numbers

  • Sold 3 times: first on 10 August 2022 for AED 791,100, last on 3 March 2025 for AED 1,240,000 (AED 2,972 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 3 March 2025.

Questions about 2407, Peninsula Two

What did unit 2407 last sell for?

AED 1,240,000 on 3 March 2025: AED 2,972 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 791,100 in August 2022.

How big is unit 2407?

417 sqft (38.7 sqm): a studio on the 24th floor of a 35-storey tower completed in 2024.

What is unit 2407 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 2407, Peninsula Two

Starts from the last sale price (AED 1.24M, 3 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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