405, Peninsula Two
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Peninsula Two
What is 405 worth today?
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Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 948 sqft
- Floor
- 4th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.41M · March 2022
- Building
- Peninsula Two
About 405, Peninsula Two
405 is a two-bedroom apartment of 948 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 25 March 2022 for AED 1,407,100, or AED 1,484 per sqft, in line with the AED 1,496 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 September 2026. The current contract, signed on 22 September 2026, is AED 150,000 a year: a gross yield of 10.7% on the 2022 price.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Two, and where 405 sits
All 93 2-beds →405 last sold in March 2022 at AED 1,484 per sqft, in line with what two-beds in Peninsula Two were fetching at the time (AED 1,496). 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. 405's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 911 sqft | 2,100,000 | 2,305 | ||
| 22 Oct 202622 October 2026 | 943 sqft | 2,250,000 | 2,385 | ||
| 5 Oct 20265 October 2026 | 960 sqft | 2,300,000 | 2,395 | ||
| 17 Sep 202617 September 2026 | 943 sqft | 2,225,000 | 2,358 |
Peninsula Two
Building439 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%
Other units on the 4th floor
All 439 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 672 sqft | AED 1.13MAED 1,129,300 · Mar 2022March 2022 | 100,000 /yr | |
| 402 | 2-bed | 904 sqft | AED 1.42MAED 1,416,700 · Apr 2022April 2022 | ||
| 403 | Studio | 408 sqft | AED 678KAED 678,100 · Apr 2022April 2022 | 60,000 /yr | |
| 404 | 1-bed | 632 sqft | AED 1.35MAED 1,350,000 · Mar 2024March 2024 | ||
| 406 | 1-bed | 663 sqft | AED 1.14MAED 1,135,600 · Mar 2022March 2022 | ||
| 407 | Studio | 417 sqft | AED 925KAED 925,000 · Aug 2023August 2023 | 63,000 /yr | |
| 408 | Studio | 425 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | ||
| 409 | 2-bed | 911 sqft | AED 2.1MAED 2,100,000 · Nov 2026November 2026 | ||
| 410 | Studio | 408 sqft | AED 950KAED 950,000 · Apr 2024April 2024 | 62,000 /yr | |
| 411 | 1-bed | 621 sqft | AED 1.03MAED 1,034,900 · Apr 2022April 2022 | ||
| 412 | Studio | 390 sqft | AED 900KAED 900,000 · Apr 2024April 2024 | 63,000 /yr | |
| 413 | Studio | 390 sqft | AED 900KAED 900,000 · Mar 2024March 2024 | 72,000 /yr | |
| 414 | 1-bed | 570 sqft | AED 954KAED 953,700 · Apr 2022April 2022 |
405, Peninsula Two in numbers
- Sold once: by Select Global Development on 25 March 2022 for AED 1,407,100, or AED 1,484 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 10.7%.
- 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 22 September 2026.
Questions about 405, Peninsula Two
What did unit 405 last sell for?
AED 1,407,100 on 25 March 2022, sold by the developer: AED 1,484 per sqft for 948 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 150,000 a year on the contract signed on 22 September 2026.
How big is unit 405?
948 sqft (88.1 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.
What is unit 405 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 405, Peninsula Two
Starts from the last sale price (AED 1.41M, 25 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,407,100
- Deposit, UAE resident (20%)
- AED 281,420
- Deposit, non-resident (40%)
- AED 562,840
- Monthly over 25 years at 3.7%
- AED 5,757
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →