2-bed · 1,546 sqftPeninsula One, Business Bay · 4th floor · completed 2024

402-A, Peninsula One

Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402-A · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 2.84M27 January 2022
Current rentAED 225K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402-A, Peninsula One

What is 402-A worth today?

Last sold for AED 2,836,500 in 2022

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12 Jan 2026RentedNew contract
AED 225,000/yr12 months · AED 146 per sqft
27 Jan 2022Sold by developerOff-plan
AED 2,836,500AED 1,834 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.84M · January 2022

About 402-A, Peninsula One

402-A is a two-bedroom apartment of 1,546 sqft on the 4th floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 27 January 2022 for AED 2,836,500, or AED 1,834 per sqft, 4% above the AED 1,766 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 January 2026. The current contract, signed on 12 January 2026, is AED 225,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 402-A over time

Sales
Unit 402-A, each saleTypical two-bed in Peninsula One
2M3M20222023202420252026Typical sale price by year: 2022 AED 1,705,700; 2023 AED 1,900,000; 2024 AED 2,125,000; 2025 AED 2,325,000Sold by developer, January 2022: AED 2,836,500 (AED 1,834 per sqft)

402-A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402-A, each contractTypical two-bed in Peninsula One
175K200K225K202520262027Typical rent by year: 2025 AED 177,273; 2026 AED 175,000New contract, January 2026: AED 225,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula One, and where 402-A sits

All 126 2-beds →

402-A last sold in January 2022 at AED 1,834 per sqft, 4% above what two-beds in Peninsula One were fetching at the time (AED 1,766). Over the last 12 months two-beds sold for AED 1,860,000 to 4,500,000, around AED 2,414 per sqft, and rent for AED 145,000 to 350,000 a year. 402-A's AED 225,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20262,600,000
8 Jan 20263,880,000
19 Dec 20252,670,000
12 Dec 20251,860,000
14 2-bed sales in the last 12 months

Peninsula One

Building

518 apartments, studios to 3-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 37 sold in the last 12 months.

Typical price per sqft
AED 2,775 Up 3.5%
Typical sale
AED 1.95M
Typical rent
AED 118K /yr
Typical yield
6.9%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 518 units in Peninsula One
Value
4011-bedAED 1.21M · Feb 2022
4022-bedAED 2.3M · Sep 2024
403AED 1.02M · Sep 2025
4041-bedAED 1.28M · Nov 2022
4052-bedAED 1.67M · Jun 2023
4061-bedAED 1.45M · Apr 2025
407StudioAED 1.1M · Nov 2024
1–7 of 23

402-A, Peninsula One in numbers

  • Sold once: by Select Global Development on 27 January 2022 for AED 2,836,500, or AED 1,834 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2022 price is 7.9%.
  • Two-beds in Peninsula One sold for AED 1,860,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,775 per sqft.

Source: Dubai Land Department. Updated 12 January 2026.

Questions about 402-A, Peninsula One

What did unit 402-A last sell for?

AED 2,836,500 on 27 January 2022, sold by the developer: AED 1,834 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 402-A?

AED 225,000 a year on the contract signed on 12 January 2026.

How big is unit 402-A?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 402-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula One sold for AED 1,860,000 to 4,500,000 in the last 12 months, around AED 2,414 per sqft.

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Mortgage on 402-A, Peninsula One

Starts from the last sale price (AED 2.84M, 27 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,836,500
Deposit, UAE resident (20%)
AED 567,300
Deposit, non-resident (40%)
AED 1,134,600
Monthly over 25 years at 3.7%
AED 11,605

Plus AED 124,143 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →