Studio · 517 sqftPeninsula Five - Tower 3, Business Bay · 11th floor · completed 2024

1108, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in April 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 29 March 2026
Last soldAED 1.25M24 April 2024
Current rentAED 100K /yr29 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Peninsula Five - Tower 3

What is 1108 worth today?

Last sold for AED 1,252,350 in 2024

Unlock today's estimate, updated daily, with

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

29 Mar 2026RentedRenewal
AED 100,000/yr12 months · AED 198 per sqft
24 Apr 2024SoldOff-plan
AED 1,252,350AED 2,422 per sqft
15 Jun 2022Sold by developerOff-plan
AED 1,000,125AED 1,934 per sqft

Source: Dubai Land Department. Updated 29 March 2026.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
11th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.25M · April 2024

About 1108, Peninsula Five - Tower 3

1108 is a studio of 517 sqft on the 11th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 24 April 2024 for AED 1,252,350, or AED 2,422 per sqft, 12% above the AED 2,161 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 March 2026. The current contract, renewed on 29 March 2026, is AED 100,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M20222023202420252026Typical sale price by year: 2022 AED 1,001,850; 2023 AED 1,106,721; 2024 AED 1,227,500; 2025 AED 1,380,000Sold by developer, June 2022: AED 1,000,125 (AED 1,934 per sqft)Sold, April 2024: AED 1,252,350 (AED 2,422 per sqft)

1108 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, each contractTypical studio in Peninsula Five - Tower 3
90K95K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 100,000Renewal, March 2026: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula Five - Tower 3, and where 1108 sits

All 102 studios →

1108 last sold in April 2024 at AED 2,422 per sqft, 12% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,161). Over the last 12 months studios sold for AED 1,440,000 to 1,525,000, around AED 2,850 per sqft, and rent for AED 80,000 to 105,000 a year. 1108's AED 100,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Jan 20261,525,000
8 Jan 20261,440,000
23 Dec 20251,470,000
10 Jul 20251,450,000
4 studio sales in the last 12 months

Peninsula Five - Tower 3

Building

321 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2024 by Select Global Development. 26 sold in the last 12 months.

Typical price per sqft
AED 2,717 Up 5.8%
Typical sale
AED 2.21M
Typical rent
AED 140K /yr
Typical yield
6.4%
Peninsula Five - Tower 3, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 321 units in Peninsula Five - Tower 3
Value
1101AED 2.55M · Oct 2025
11022-bedAED 2.79M · Jul 2022
11031-bedAED 1.7M · Jul 2022
1104StudioAED 1.44M · Jan 2026
1105StudioAED 1.02M · Jul 2022
11061-bedAED 1.5M · Sep 2023
1107StudioAED 1.04M · Jul 2022
1–7 of 10

1108, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 15 June 2022 for AED 1,000,125, last on 24 April 2024 for AED 1,252,350 (AED 2,422 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 8.0%.
  • Studios in Peninsula Five - Tower 3 sold for AED 1,440,000–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 2,717 per sqft.

Source: Dubai Land Department. Updated 29 March 2026.

Questions about 1108, Peninsula Five - Tower 3

What did unit 1108 last sell for?

AED 1,252,350 on 24 April 2024: AED 2,422 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 1,000,125 in June 2022.

What is the rent for unit 1108?

AED 100,000 a year on the contract renewed on 29 March 2026.

How big is unit 1108?

517 sqft (48.0 sqm): a studio on the 11th floor of a 36-storey tower completed in 2024.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,440,000 to 1,525,000 in the last 12 months, around AED 2,850 per sqft.

Selling 1108? 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 1108, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.25M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,252,350
Deposit, UAE resident (20%)
AED 250,470
Deposit, non-resident (40%)
AED 500,940
Monthly over 25 years at 3.7%
AED 5,124

Plus AED 57,609 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →