2-bed · 911 sqftPeninsula Two, Business Bay · 4th floor · completed 2024

409, Peninsula Two

Sold prices and rental history: sold twice, last in November 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 4 November 2026
Last soldAED 2.1M4 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Peninsula Two

What is 409 worth today?

Last sold for AED 2,100,000 in 2026

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4 Nov 2026SoldReady
AED 2,100,000AED 2,305 per sqft
20 Jul 2022Sold by developerOff-plan
AED 1,484,600AED 1,628 per sqft

Source: Dubai Land Department. Updated 4 November 2026.

Key facts

Type
2-bed apartment
Size
911 sqft
Floor
4th of 35
Parking
B2-188
Developer
Select Global Development
Completed
2024
Last sold
AED 2.1M · November 2026

About 409, Peninsula Two

409 is a two-bedroom apartment of 911 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 4 November 2026 for AED 2,100,000, or AED 2,305 per sqft, 7% below the AED 2,479 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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, July 2022: AED 1,484,600 (AED 1,628 per sqft)Sold, November 2026: AED 2,100,000 (AED 2,305 per sqft)

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

2-beds in Peninsula Two, and where 409 sits

All 93 2-beds →

409 last sold in November 2026 at AED 2,305 per sqft, 7% below what two-beds in Peninsula Two were fetching at the time (AED 2,479). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20262,250,000
5 Oct 20262,300,000
17 Sep 20262,225,000
14 Sep 20261,950,000
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 4th floor

All 439 units in Peninsula Two
Value
4011-bedAED 1.13M · Mar 2022
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
1–7 of 13

409, Peninsula Two in numbers

  • Sold twice: first on 20 July 2022 for AED 1,484,600, last on 4 November 2026 for AED 2,100,000 (AED 2,305 per sqft).
  • 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 4 November 2026.

Questions about 409, Peninsula Two

What did unit 409 last sell for?

AED 2,100,000 on 4 November 2026: AED 2,305 per sqft for 911 sqft. The unit has 2 registered sales; the first was AED 1,484,600 in July 2022.

How big is unit 409?

911 sqft (84.6 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 409 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 409, Peninsula Two

Starts from the last sale price (AED 2.1M, 4 November 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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