1408, Peninsula Two
Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Peninsula Two
What is 1408 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 14th of 35
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.07M · May 2024
- Building
- Peninsula Two
About 1408, Peninsula Two
1408 is a studio of 425 sqft on the 14th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 1 May 2024 for AED 1,070,000, or AED 2,517 per sqft, 8% above the AED 2,328 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Peninsula Two, and where 1408 sits
All 177 studios →1408 last sold in May 2024 at AED 2,517 per sqft, 8% above what studios in Peninsula Two were fetching at the time (AED 2,328). Over the last 12 months studios sold for AED 1,000,000 to 1,200,000, around AED 2,779 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 417 sqft | 1,175,000 | 2,815 | ||
| 22 Dec 202522 December 2025 | 408 sqft | 1,120,000 | 2,743 | ||
| 17 Dec 202517 December 2025 | 390 sqft | 1,140,000 | 2,926 | ||
| 16 Dec 202516 December 2025 | 408 sqft | 1,200,000 | 2,939 |
Peninsula Two
Building438 apartments, studios to 2-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 24 sold in the last 12 months.
- Typical price per sqft
- AED 2,657 Up 2.3%
- Typical sale
- AED 1.74M
- Typical rent
- Few contracts
- Typical yield
Other units on the 14th floor
All 438 units in Peninsula Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 672 sqft | AED 1.42MAED 1,420,000 · Oct 2023October 2023 | ||
| 1402 | 2-bed | 904 sqft | AED 2.4MAED 2,400,000 · Dec 2025December 2025 | ||
| 1403 | Studio | 408 sqft | AED 717KAED 717,300 · Feb 2022February 2022 | ||
| 1404 | 1-bed | 632 sqft | AED 1.5MAED 1,500,000 · Oct 2023October 2023 | ||
| 1405 | 2-bed | 948 sqft | AED 2.36MAED 2,360,000 · Apr 2025April 2025 | ||
| 1406 | 1-bed | 663 sqft | AED 1.21MAED 1,211,700 · Jul 2022July 2022 | ||
| 1407 | Studio | 417 sqft | AED 910KAED 910,000 · Oct 2023October 2023 | ||
| 1409 | 912 sqft | AED 2.37MAED 2,365,777 · Nov 2025November 2025 | |||
| 1410 | Studio | 408 sqft | AED 1.05MAED 1,050,000 · Feb 2025February 2025 | ||
| 1411 | 1-bed | 621 sqft | AED 1.6MAED 1,600,000 · Jul 2025July 2025 | ||
| 1412 | Studio | 390 sqft | AED 730KAED 730,400 · Apr 2022April 2022 | ||
| 1413 | Studio | 390 sqft | AED 900KAED 900,000 · Feb 2023February 2023 | ||
| 1414 | 1-bed | 570 sqft | AED 1.7MAED 1,700,000 · Dec 2025December 2025 |
1408, Peninsula Two in numbers
- Sold twice: first on 26 April 2022 for AED 771,900, last on 1 May 2024 for AED 1,070,000 (AED 2,517 per sqft).
- Studios in Peninsula Two sold for AED 1,000,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,657 per sqft.
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 1408, Peninsula Two
What did unit 1408 last sell for?
AED 1,070,000 on 1 May 2024: AED 2,517 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 771,900 in April 2022.
How big is unit 1408?
425 sqft (39.5 sqm): a studio on the 14th floor of a 35-storey tower completed in 2024.
What is unit 1408 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 1,000,000 to 1,200,000 in the last 12 months, around AED 2,779 per sqft.
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Mortgage on 1408, Peninsula Two
Starts from the last sale price (AED 1.07M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →