Studio · 417 sqftPeninsula Two, Business Bay · 34th floor · completed 2024

3407, Peninsula Two

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 828K19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Peninsula Two

What is 3407 worth today?

Last sold for AED 828,100 in 2022

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19 May 2022Sold by developerOff-plan
AED 828,100AED 1,985 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
34th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 828K · May 2022

About 3407, Peninsula Two

3407 is a studio of 417 sqft on the 34th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 19 May 2022 for AED 828,100, or AED 1,985 per sqft, 7% above the AED 1,849 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical studio in Peninsula Two
800K1M20222023202420252026Typical sale price by year: 2022 AED 758,713; 2023 AED 910,000; 2024 AED 1,050,000; 2025 AED 1,125,000Sold by developer, May 2022: AED 828,100 (AED 1,985 per sqft)

3407 has sold once; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3407 sits

All 177 studios →

3407 last sold in May 2022 at AED 1,985 per sqft, 7% above what studios in Peninsula Two were fetching at the time (AED 1,849). Over the last 12 months studios sold for AED 1,000,000 to 1,200,000, around AED 2,779 per sqft.

Recent studio salesUnit no.Price (AED)Summary
8 Jan 20261,175,000
22 Dec 20251,120,000
17 Dec 20251,140,000
16 Dec 20251,200,000
8 studio sales in the last 12 months

Peninsula Two

Building

438 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
Peninsula Two, Business Bay: prices, sales and rents →

Other units on the 34th floor

All 438 units in Peninsula Two
Value
34011-bedAED 1.32M · Apr 2022
34022-bedAED 1.66M · May 2022
3403StudioAED 784K · Feb 2022
34041-bedAED 1.24M · May 2022
34052-bedAED 2.42M · Jun 2025
34061-bedAED 1.46M · Apr 2023
3408StudioAED 1.17M · Apr 2024
1–7 of 13

3407, Peninsula Two in numbers

  • Sold once: by Select Global Development on 19 May 2022 for AED 828,100, or AED 1,985 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 19 May 2022.

Questions about 3407, Peninsula Two

What did unit 3407 last sell for?

AED 828,100 on 19 May 2022, sold by the developer: AED 1,985 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 3407?

417 sqft (38.7 sqm): a studio on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3407 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 3407, Peninsula Two

Starts from the last sale price (AED 828K, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 828,100
Deposit, UAE resident (20%)
AED 165,620
Deposit, non-resident (40%)
AED 331,240
Monthly over 25 years at 3.7%
AED 3,388

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