2-bed · 905 sqftPeninsula Two, Business Bay · 34th floor · completed 2024

3402, Peninsula Two

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 15 November 2026
Last soldAED 1.66M19 May 2022
Current rentAED 139K /yr15 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Peninsula Two

What is 3402 worth today?

Last sold for AED 1,664,700 in 2022

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15 Nov 2026RentedNew contract
AED 139,000/yr12 months · AED 154 per sqft
19 May 2022Sold by developerOff-plan
AED 1,664,700AED 1,839 per sqft

Source: Dubai Land Department. Updated 15 November 2026.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
34th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.66M · May 2022

About 3402, Peninsula Two

3402 is a two-bedroom apartment of 905 sqft on the 34th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 19 May 2022 for AED 1,664,700, or AED 1,839 per sqft, 9% above the AED 1,693 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2026. The current contract, signed on 15 November 2026, is AED 139,000 a year: a gross yield of 8.3% on the 2022 price.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 1,664,700 (AED 1,839 per sqft)

3402 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Two, and where 3402 sits

All 93 2-beds →

3402 last sold in May 2022 at AED 1,839 per sqft, 9% above what two-beds in Peninsula Two were fetching at the time (AED 1,693). 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. 3402's AED 139,000 is in the lower 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 34th floor

All 439 units in Peninsula Two
Value
34011-bedAED 1.32M · Apr 2022
3403StudioAED 1.14M · Jul 2026
34041-bedAED 1.24M · May 2022
34052-bedAED 2.42M · Jun 2025
34061-bedAED 1.46M · Apr 2023
3407StudioAED 828K · May 2022
3408StudioAED 1.17M · Apr 2024
1–7 of 13

3402, Peninsula Two in numbers

  • Sold once: by Select Global Development on 19 May 2022 for AED 1,664,700, or AED 1,839 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 139,000 a year.
  • At AED 139,000 a year the gross yield on the 2022 price is 8.3%.
  • 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 15 November 2026.

Questions about 3402, Peninsula Two

What did unit 3402 last sell for?

AED 1,664,700 on 19 May 2022, sold by the developer: AED 1,839 per sqft for 905 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 139,000 a year on the contract signed on 15 November 2026.

How big is unit 3402?

905 sqft (84.1 sqm): a two-bedroom apartment on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3402 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 3402, Peninsula Two

Starts from the last sale price (AED 1.66M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,664,700
Deposit, UAE resident (20%)
AED 332,940
Deposit, non-resident (40%)
AED 665,880
Monthly over 25 years at 3.7%
AED 6,811

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