402, Peninsula Five - Tower 1
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Peninsula Five - Tower 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,976 sqft
- Floor
- 4th of 4
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 4.96M · September 2022
- Building
- Peninsula Five - Tower 1
About 402, Peninsula Five - Tower 1
402 is a two-bedroom apartment of 1,976 sqft on the 4th floor of Peninsula Five - Tower 1, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 14 September 2022 for AED 4,957,900, or AED 2,509 per sqft, 18% above the AED 2,122 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 October 2025, is AED 325,000 a year: a gross yield of 6.6% on the 2022 price.
2-beds in Peninsula Five - Tower 1, and where 402 sits
All 8 2-beds →402 last sold in September 2022 at AED 2,509 per sqft, 18% above what two-beds in Peninsula Five - Tower 1 were fetching at the time (AED 2,122). Over the last 12 months two-beds sold for AED 7,900,000, around AED 3,370 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 2,344 sqft | 7,900,000 | 3,370 | ||
| 19 Jun 202419 June 2024 | 2,367 sqft | 5,400,000 | 2,281 | ||
| 19 Apr 202419 April 2024 | 1,978 sqft | 5,150,000 | 2,603 | ||
| 26 Dec 202226 December 2022 | 2,358 sqft | 4,584,600 | 1,943 |
Peninsula Five - Tower 1
Building30 apartments, 1-bed to 4-bed over 4 floors in Business Bay, completed in 2024 by Select Global Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 3,655
- Typical sale
- AED 9.44M
- Typical rent
- Few contracts
- Typical yield
Other units on the 4th floor
All 30 units in Peninsula Five - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,286 sqft | AED 5.64MAED 5,643,722 · Sep 2022September 2022 | ||
| 403 | 3-bed | 2,726 sqft | AED 3.54MAED 3,544,305 · Jul 2022July 2022 | ||
| 404 | 2-bed | 1,934 sqft | AED 4.97MAED 4,965,700 · Jul 2022July 2022 | ||
| 405 | 4-bed | 4,710 sqft | AED 9.67MAED 9,672,900 · Aug 2022August 2022 | ||
| 406 | 4-bed | 4,718 sqft | AED 9.68MAED 9,678,800 · Nov 2022November 2022 | 900,000 /yr |
402, Peninsula Five - Tower 1 in numbers
- Sold once: by Select Global Development on 14 September 2022 for AED 4,957,900, or AED 2,509 per sqft.
- Rented since October 2025 on 2 Ejari contracts, at AED 325,000 a year.
- At AED 325,000 a year the gross yield on the 2022 price is 6.6%.
- Two-beds in Peninsula Five - Tower 1 sold for AED 7,900,000–7,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,655 per sqft.
Source: Dubai Land Department. Updated 15 October 2025.
Questions about 402, Peninsula Five - Tower 1
What did unit 402 last sell for?
AED 4,957,900 on 14 September 2022, sold by the developer: AED 2,509 per sqft for 1,976 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 325,000 a year on the contract signed on 15 October 2025. The previous contract, from October 2025, was AED 325,000.
How big is unit 402?
1,976 sqft (183.6 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 1 sold for AED 7,900,000 to 7,900,000 in the last 12 months, around AED 3,370 per sqft.
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Mortgage on 402, Peninsula Five - Tower 1
Starts from the last sale price (AED 4.96M, 14 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,957,900
- Deposit, UAE resident (20%)
- AED 991,580
- Deposit, non-resident (40%)
- AED 1,983,160
- Monthly over 25 years at 3.7%
- AED 20,284
Plus AED 213,242 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →