Studio · 517 sqftPeninsula Five - Tower 3, Business Bay · 12th floor · completed 2024

1204, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.11M15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Peninsula Five - Tower 3

What is 1204 worth today?

Last sold for AED 1,106,721 in 2023

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15 Dec 2023SoldOff-plan
AED 1,106,721AED 2,140 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,006,110AED 1,946 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
12th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.11M · December 2023

About 1204, Peninsula Five - Tower 3

1204 is a studio of 517 sqft on the 12th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 15 December 2023 for AED 1,106,721, or AED 2,140 per sqft, in line with the AED 2,134 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 1,006,110 (AED 1,946 per sqft)Sold, December 2023: AED 1,106,721 (AED 2,140 per sqft)

1204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in Peninsula Five - Tower 3
90K95K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 100,000

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 1204 sits

All 102 studios →

1204 last sold in December 2023 at AED 2,140 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,134). 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.

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 12th floor

All 321 units in Peninsula Five - Tower 3
Value
12011-bedAED 2.45M · Jul 2025
12022-bedAED 2.84M · Aug 2022
12031-bedAED 1.67M · Jul 2022
1205StudioAED 986K · Jul 2022
12061-bedAED 1.41M · Jul 2022
1207StudioAED 1.17M · Apr 2024
1208StudioAED 1.24M · Dec 2024
1–7 of 10

1204, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 1,006,110, last on 15 December 2023 for AED 1,106,721 (AED 2,140 per sqft).
  • 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 15 December 2023.

Questions about 1204, Peninsula Five - Tower 3

What did unit 1204 last sell for?

AED 1,106,721 on 15 December 2023: AED 2,140 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 1,006,110 in June 2022.

How big is unit 1204?

517 sqft (48.0 sqm): a studio on the 12th floor of a 36-storey tower completed in 2024.

What is unit 1204 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.

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Mortgage on 1204, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.11M, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,106,721
Deposit, UAE resident (20%)
AED 221,344
Deposit, non-resident (40%)
AED 442,688
Monthly over 25 years at 3.7%
AED 4,528

Plus AED 51,492 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →