Studio · 390 sqftPeninsula Two, Business Bay · 4th floor · completed 2024

412, Peninsula Two

Sold prices and rental history: sold twice, last in April 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 17 October 2026
Last soldAED 900K3 April 2024
Current rentAED 63K /yr17 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Peninsula Two

What is 412 worth today?

Last sold for AED 900,000 in 2024

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17 Oct 2026RentedNew contract
AED 63,000/yr12 months · AED 163 per sqft
3 Apr 2024SoldOff-plan
AED 900,000AED 2,309 per sqft
31 Jan 2023Sold by developerOff-plan
AED 693,400AED 1,779 per sqft

Source: Dubai Land Department. Updated 17 October 2026.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 900K · April 2024

About 412, Peninsula Two

412 is a studio of 390 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 April 2024 for AED 900,000, or AED 2,309 per sqft, in line with the AED 2,310 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 October 2026. The current contract, signed on 17 October 2026, is AED 63,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical studio in Peninsula Two
750K1M202220242026Typical sale price by year: 2022 AED 757,688; 2023 AED 910,000; 2024 AED 1,050,000; 2025 AED 1,125,000; 2026 AED 1,157,500Sold by developer, January 2023: AED 693,400 (AED 1,779 per sqft)Sold, April 2024: AED 900,000 (AED 2,309 per sqft)

412 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 412 sits

All 189 studios →

412 last sold in April 2024 at AED 2,309 per sqft, in line with what studios in Peninsula Two were fetching at the time (AED 2,310). 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. 412's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Oct 20261,180,000
16 Oct 20261,000,000
8 Oct 20261,022,700
16 Sep 20261,100,000
23 studio 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

412, Peninsula Two in numbers

  • Sold twice: first on 31 January 2023 for AED 693,400, last on 3 April 2024 for AED 900,000 (AED 2,309 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 7.0%.
  • 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 17 October 2026.

Questions about 412, Peninsula Two

What did unit 412 last sell for?

AED 900,000 on 3 April 2024: AED 2,309 per sqft for 390 sqft. The unit has 2 registered sales; the first was AED 693,400 in January 2023.

What is the rent for unit 412?

AED 63,000 a year on the contract signed on 17 October 2026.

How big is unit 412?

390 sqft (36.2 sqm): a studio on the 4th floor of a 35-storey tower completed in 2024.

What is unit 412 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 412, Peninsula Two

Starts from the last sale price (AED 900K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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