Unit 3407, Peninsula Two: what it sold for and what it is worth now

Unit 3407 at Peninsula Two is a studio of 420 sq ft. It last sold for AED 828,100 on 19 May 2022. At AED 2,824 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 1,186,000 today.

Value todayAED 1,186,000AED 1,093,000 to AED 1,258,000
Last saleAED 828,10019 May 2022 · Off-plan
Change since last sale+43.2% 
Rent (median asking, studio)AED 74,990Gross yield 6.3%
Bedroomsstudio
Size420 sq ft
Floor34 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingPeninsula Two by Select Group, handed over 2026
Registered sales of this unit1

Every registered sale of unit 3407

DatePriceSizeAED/sq ftType
19 May 2022AED 828,100420 sq ft1,972Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60711 Jun 2026AED 1,225,000420 sq ft2,917Resale
190711 May 2026AED 1,250,000420 sq ft2,976Resale
8078 Jan 2026AED 1,175,000420 sq ft2,798Off-plan
6077 Oct 2025AED 1,030,000420 sq ft2,452Off-plan
140730 Sep 2025AED 1,190,000420 sq ft2,833Off-plan
190711 Sep 2025AED 1,000,000420 sq ft2,381Off-plan
290710 Sep 2025AED 1,200,000420 sq ft2,857Off-plan
80724 Jul 2025AED 1,100,000420 sq ft2,619Off-plan

Latest studio sales in Peninsula Two

UnitDatePriceSizeAED/sq ftType
191319 Oct 2026AED 1,180,000390 sq ft3,026Resale
311316 Oct 2026AED 1,000,000390 sq ft2,564Resale
24108 Oct 2026AED 1,022,700408 sq ft2,507Resale
321016 Sep 2026AED 1,100,000409 sq ft2,689Resale
320814 Aug 2026AED 1,250,000442 sq ft2,828Resale
321311 Aug 2026AED 1,050,000408 sq ft2,574Resale
131324 Jul 2026AED 1,100,000390 sq ft2,821Resale
290315 Jul 2026AED 1,250,000408 sq ft3,064Resale

How we worked out the value

We took the 14 sales in Peninsula Two in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,824). We multiplied it by the size of this unit (420 sq ft). The range uses the middle half of those sales (AED 2,603 to AED 2,996 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 3407 at Peninsula Two worth?

About AED 1,186,000 (range AED 1,093,000 to AED 1,258,000), based on AED 2,824 per sq ft from registered sales up to 19 Oct 2026.

When did unit 3407 last sell?

19 May 2022, for AED 828,100 (off-plan). It has 1 registered sale.

What rent can unit 3407 make?

A studio in Peninsula Two rents for about AED 74,990 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for Peninsula TwoAll sales in Peninsula Two

Unit 3406 · Unit 3408