2-bed · 929 sqftPeninsula Two, Business Bay · 27th floor · completed 2024

2709, Peninsula Two

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 1.69M12 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Peninsula Two

What is 2709 worth today?

Last sold for AED 1,689,600 in 2022

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12 May 2022Sold by developerOff-plan
AED 1,689,600AED 1,818 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
27th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.69M · May 2022

About 2709, Peninsula Two

2709 is a two-bedroom apartment of 929 sqft on the 27th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 12 May 2022 for AED 1,689,600, or AED 1,818 per sqft, 8% above the AED 1,679 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2709 over time

Sales
Unit 2709, 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, May 2022: AED 1,689,600 (AED 1,818 per sqft)

2709 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 2709 sits

All 93 2-beds →

2709 last sold in May 2022 at AED 1,818 per sqft, 8% above what two-beds in Peninsula Two were fetching at the time (AED 1,679). 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 27th floor

All 439 units in Peninsula Two
Value
27011-bedAED 1.3M · May 2022
27022-bedAED 1.9M · Jun 2024
2703StudioAED 758K · May 2022
27041-bedAED 826K · Jul 2022
27052-bedAED 2.1M · May 2024
27061-bedAED 887K · Jul 2022
2707StudioAED 564K · Jul 2022
1–7 of 13

2709, Peninsula Two in numbers

  • Sold once: by Select Global Development on 12 May 2022 for AED 1,689,600, or AED 1,818 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 12 May 2022.

Questions about 2709, Peninsula Two

What did unit 2709 last sell for?

AED 1,689,600 on 12 May 2022, sold by the developer: AED 1,818 per sqft for 929 sqft. It is the only registered sale of the unit.

How big is unit 2709?

929 sqft (86.3 sqm): a two-bedroom apartment on the 27th floor of a 35-storey tower completed in 2024.

What is unit 2709 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 2709, Peninsula Two

Starts from the last sale price (AED 1.69M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,689,600
Deposit, UAE resident (20%)
AED 337,920
Deposit, non-resident (40%)
AED 675,840
Monthly over 25 years at 3.7%
AED 6,913

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