1-bed · 672 sqftPeninsula Two, Business Bay · 4th floor · completed 2024

401, Peninsula Two

Sold prices and rental history: sold once, by the developer in March 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 401 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.13M28 March 2022
Current rentAED 100K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Peninsula Two

What is 401 worth today?

Last sold for AED 1,129,300 in 2022

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1 Nov 2026RentedNew contract
AED 100,000/yr12 months · AED 150 per sqft
28 Mar 2022Sold by developerOff-plan
AED 1,129,300AED 1,680 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.13M · March 2022

About 401, Peninsula Two

401 is a one-bedroom apartment of 672 sqft on the 4th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 28 March 2022 for AED 1,129,300, or AED 1,680 per sqft, 8% below the AED 1,830 one-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 100,000 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Peninsula Two
1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,162,238; 2023 AED 1,335,000; 2024 AED 1,455,000; 2025 AED 1,600,000; 2026 AED 1,640,000Sold by developer, March 2022: AED 1,129,300 (AED 1,680 per sqft)

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

1-beds in Peninsula Two, and where 401 sits

All 157 1-beds →

401 last sold in March 2022 at AED 1,680 per sqft, 8% below what one-beds in Peninsula Two were fetching at the time (AED 1,830). Over the last 12 months one-beds sold for AED 1,018,300 to 1,795,000, around AED 2,589 per sqft, and rent for AED 80,000 to 140,000 a year. 401's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,200,000
6 Oct 20261,650,000
1 Oct 20261,515,000
29 Sep 20261,720,000
21 1-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 4th floor

All 439 units in Peninsula Two
Value
4022-bedAED 1.42M · Apr 2022
403StudioAED 678K · Apr 2022
4041-bedAED 1.35M · Mar 2024
4052-bedAED 1.41M · Mar 2022
4061-bedAED 1.14M · Mar 2022
407StudioAED 925K · Aug 2023
408StudioAED 1M · Nov 2025
1–7 of 13

401, Peninsula Two in numbers

  • Sold once: by Select Global Development on 28 March 2022 for AED 1,129,300, or AED 1,680 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.9%.
  • One-beds in Peninsula Two sold for AED 1,018,300–1,795,000 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 401, Peninsula Two

What did unit 401 last sell for?

AED 1,129,300 on 28 March 2022, sold by the developer: AED 1,680 per sqft for 672 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 100,000 a year on the contract signed on 1 November 2026.

How big is unit 401?

672 sqft (62.4 sqm): a one-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Two sold for AED 1,018,300 to 1,795,000 in the last 12 months, around AED 2,589 per sqft.

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Mortgage on 401, Peninsula Two

Starts from the last sale price (AED 1.13M, 28 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,129,300
Deposit, UAE resident (20%)
AED 225,860
Deposit, non-resident (40%)
AED 451,720
Monthly over 25 years at 3.7%
AED 4,620

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