Studio · 429 sqftPeninsula Two, Business Bay · 34th floor · completed 2024

3408, Peninsula Two

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 1.17M3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Peninsula Two

What is 3408 worth today?

Last sold for AED 1,170,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Apr 2024SoldOff-plan
AED 1,170,000AED 2,729 per sqft
19 May 2022Sold by developerOff-plan
AED 848,800AED 1,980 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
34th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.17M · April 2024

About 3408, Peninsula Two

3408 is a studio of 429 sqft on the 34th 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 1,170,000, or AED 2,729 per sqft, 18% above the AED 2,309 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3408 over time

Sales
Unit 3408, each saleTypical studio in Peninsula Two
800K1M1.2M20222023202420252026Typical 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 848,800 (AED 1,980 per sqft)Sold, April 2024: AED 1,170,000 (AED 2,729 per sqft)

3408 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Two, and where 3408 sits

All 177 studios →

3408 last sold in April 2024 at AED 2,729 per sqft, 18% above what studios in Peninsula Two were fetching at the time (AED 2,309). 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
3407StudioAED 828K · May 2022
1–7 of 13

3408, Peninsula Two in numbers

  • Sold twice: first on 19 May 2022 for AED 848,800, last on 3 April 2024 for AED 1,170,000 (AED 2,729 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 3 April 2024.

Questions about 3408, Peninsula Two

What did unit 3408 last sell for?

AED 1,170,000 on 3 April 2024: AED 2,729 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 848,800 in May 2022.

How big is unit 3408?

429 sqft (39.9 sqm): a studio on the 34th floor of a 35-storey tower completed in 2024.

What is unit 3408 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.

Selling 3408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3408, Peninsula Two

Starts from the last sale price (AED 1.17M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

Plus AED 54,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →