Studio · 390 sqftPeninsula Two, Business Bay · 4th floor · completed 2024

412, 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 412 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 900K3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Peninsula Two

What is 412 worth today?

Last sold for AED 900,000 in 2024

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3 Apr 2024SoldOff-plan
AED 900,000AED 2,309 per sqft
31 Jan 2023Sold by developerOff-plan
AED 693,400AED 1,779 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
4th of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 900K · April 2024

About 412, Peninsula Two

412 is a studio of 390 sqft on the 4th 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 900,000, or AED 2,309 per sqft, in line with 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 412 over time

Sales
Unit 412, 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, January 2023: AED 693,400 (AED 1,779 per sqft)Sold, April 2024: AED 900,000 (AED 2,309 per sqft)

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

Studios in Peninsula Two, and where 412 sits

All 177 studios →

412 last sold in April 2024 at AED 2,309 per sqft, in line with 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 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

412, Peninsula Two in numbers

  • Sold twice: first on 31 January 2023 for AED 693,400, last on 3 April 2024 for AED 900,000 (AED 2,309 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 412, Peninsula Two

What did unit 412 last sell for?

AED 900,000 on 3 April 2024: AED 2,309 per sqft for 390 sqft. The unit has 2 registered sales; the first was AED 693,400 in January 2023.

How big is unit 412?

390 sqft (36.2 sqm): a studio on the 4th floor of a 35-storey tower completed in 2024.

What is unit 412 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 412, Peninsula Two

Starts from the last sale price (AED 900K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →