407, Peninsula Two
Sold prices and rental history: sold 3 times, last in August 2023, 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 407, Peninsula Two
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 4th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 925K · August 2023
- Building
- Peninsula Two
About 407, Peninsula Two
407 is a studio of 417 sqft on the 4th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 3 August 2023 for AED 925,000, or AED 2,216 per sqft, in line with the AED 2,156 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2026. The current contract, signed on 20 September 2026, is AED 63,000 a year: a gross yield of 6.8% on the 2023 price.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the studio median of each year in the building.
Studios in Peninsula Two, and where 407 sits
All 189 studios →407 last sold in August 2023 at AED 2,216 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,156). Over the last 12 months studios sold for AED 475,000 to 1,275,000, around AED 2,815 per sqft, and rent for AED 55,000 to 135,000 a year. 407's AED 63,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 390 sqft | 1,180,000 | 3,028 | ||
| 16 Oct 202616 October 2026 | 390 sqft | 1,000,000 | 2,567 | ||
| 8 Oct 20268 October 2026 | 408 sqft | 1,022,700 | 2,503 | ||
| 16 Sep 202616 September 2026 | 409 sqft | 1,100,000 | 2,692 |
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 | ||
| 405 | 2-bed | 948 sqft | AED 1.41MAED 1,407,100 · Mar 2022March 2022 | 150,000 /yr | |
| 406 | 1-bed | 663 sqft | AED 1.14MAED 1,135,600 · Mar 2022March 2022 | ||
| 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 |
407, Peninsula Two in numbers
- Sold 3 times: first on 14 April 2022 for AED 708,904, last on 3 August 2023 for AED 925,000 (AED 2,216 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2023 price is 6.8%.
- Studios in Peninsula Two sold for AED 475,000–1,275,000 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 20 September 2026.
Questions about 407, Peninsula Two
What did unit 407 last sell for?
AED 925,000 on 3 August 2023: AED 2,216 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 708,904 in April 2022.
What is the rent for unit 407?
AED 63,000 a year on the contract signed on 20 September 2026.
How big is unit 407?
417 sqft (38.7 sqm): a studio on the 4th floor of a 35-storey tower completed in 2024.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Two sold for AED 475,000 to 1,275,000 in the last 12 months, around AED 2,815 per sqft.
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Mortgage on 407, Peninsula Two
Starts from the last sale price (AED 925K, 3 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 925,000
- Deposit, UAE resident (20%)
- AED 185,000
- Deposit, non-resident (40%)
- AED 370,000
- Monthly over 25 years at 3.7%
- AED 3,784
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →