2-bed · 912 sqftPeninsula Two, Business Bay · 4th floor · completed 2024

409, Peninsula Two

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

Unit 409 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 1.48M20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Peninsula Two

What is 409 worth today?

Last sold for AED 1,484,600 in 2022

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20 Jul 2022Sold by developerOff-plan
AED 1,484,600AED 1,628 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
2-bed apartment
Size
912 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.48M · July 2022

About 409, Peninsula Two

409 is a two-bedroom apartment of 912 sqft on the 4th floor of Peninsula Two, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 20 July 2022 for AED 1,484,600, or AED 1,628 per sqft, 4% below the AED 1,694 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Peninsula Two
1.5M2M20222023202420252026Typical sale price by year: 2022 AED 1,578,335; 2023 AED 1,815,000; 2024 AED 2,050,000; 2025 AED 2,320,000Sold by developer, July 2022: AED 1,484,600 (AED 1,628 per sqft)

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

2-beds in Peninsula Two, and where 409 sits

All 85 2-beds →

409 last sold in July 2022 at AED 1,628 per sqft, 4% below what two-beds in Peninsula Two were fetching at the time (AED 1,694). Over the last 12 months two-beds sold for AED 2,250,000 to 2,570,000, around AED 2,568 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20262,350,000
2 Jan 20262,450,000
22 Dec 20252,350,000
15 Dec 20252,325,000
10 2-bed 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 4th floor

All 438 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

409, Peninsula Two in numbers

  • Sold once: by Select Global Development on 20 July 2022 for AED 1,484,600, or AED 1,628 per sqft.
  • Two-beds in Peninsula Two sold for AED 2,250,000–2,570,000 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 20 July 2022.

Questions about 409, Peninsula Two

What did unit 409 last sell for?

AED 1,484,600 on 20 July 2022, sold by the developer: AED 1,628 per sqft for 912 sqft. It is the only registered sale of the unit.

How big is unit 409?

912 sqft (84.7 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2024.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Two sold for AED 2,250,000 to 2,570,000 in the last 12 months, around AED 2,568 per sqft.

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Mortgage on 409, Peninsula Two

Starts from the last sale price (AED 1.48M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,484,600
Deposit, UAE resident (20%)
AED 296,920
Deposit, non-resident (40%)
AED 593,840
Monthly over 25 years at 3.7%
AED 6,074

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