2-bed · 915 sqftPeninsula Two, Business Bay · 29th floor · completed 2024

2909, Peninsula Two

Sold prices and rental history: sold twice, last in April 2024, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 2.2M22 April 2024
Current rentAED 155K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Peninsula Two

What is 2909 worth today?

Last sold for AED 2,200,000 in 2024

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1 Nov 2026RentedNew contract
AED 155,000/yr12 months · AED 171 per sqft
22 Apr 2024SoldOff-plan
AED 2,200,000AED 2,405 per sqft
25 May 2022Sold by developerOff-plan
AED 1,656,102AED 1,810 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
29th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.2M · April 2024

About 2909, Peninsula Two

2909 is a two-bedroom apartment of 915 sqft on the 29th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 22 April 2024 for AED 2,200,000, or AED 2,405 per sqft, 12% above the AED 2,156 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 155,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 2909 over time

Sales
Unit 2909, 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 1,656,102 (AED 1,810 per sqft)Sold, April 2024: AED 2,200,000 (AED 2,405 per sqft)

2909 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 2909 sits

All 93 2-beds →

2909 last sold in April 2024 at AED 2,405 per sqft, 12% above what two-beds in Peninsula Two were fetching at the time (AED 2,156). 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. 2909's AED 155,000 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 29th floor

All 439 units in Peninsula Two
Value
29011-bedAED 1.61M · Apr 2024
29022-bedAED 2.04M · Apr 2024
2903StudioAED 1.25M · Jul 2026
29041-bedAED 1.7M · Sep 2026
29052-bedAED 2.24M · May 2024
29061-bedAED 1.61M · May 2024
2907StudioAED 1.2M · Sep 2025
1–7 of 13

2909, Peninsula Two in numbers

  • Sold twice: first on 25 May 2022 for AED 1,656,102, last on 22 April 2024 for AED 2,200,000 (AED 2,405 per sqft).
  • Rented since November 2026 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 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 1 November 2026.

Questions about 2909, Peninsula Two

What did unit 2909 last sell for?

AED 2,200,000 on 22 April 2024: AED 2,405 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,656,102 in May 2022.

What is the rent for unit 2909?

AED 155,000 a year on the contract signed on 1 November 2026.

How big is unit 2909?

915 sqft (85.0 sqm): a two-bedroom apartment on the 29th floor of a 35-storey tower completed in 2024.

What is unit 2909 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 2909, Peninsula Two

Starts from the last sale price (AED 2.2M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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