Studio · 517 sqftPeninsula Five - Tower 3, Business Bay · 13th floor · completed 2024

1304, Peninsula Five - Tower 3

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1304 · DLD and Ejari recordsUpdated 15 March 2023

Last soldAED 1M15 March 2023

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Today's valuefree after one verification

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Property timeline for 1304, Peninsula Five - Tower 3

Today

What is 1304 worth today?

Last sold for AED 1,000,000 in 2023

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15 Mar 2023

15 Mar 2023SoldOff-plan

AED 1,000,000AED 1,934 per sqft

6 Jul 2022

6 Jul 2022Sold by developerOff-plan

AED 963,400AED 1,863 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type: Studio apartment
Size: 517 sqft
Floor: 13th of 36
Parking: 1
Developer: Select Global Development
Completed: 2024
Last sold: AED 1M · March 2023
Building: Peninsula Five - Tower 3

About 1304, Peninsula Five - Tower 3

1304 is a studio of 517 sqft on the 13th 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 March 2023 for AED 1,000,000, or AED 1,934 per sqft, in line with the AED 1,913 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1304 over time

Sales

Unit 1304, each saleTypical studio in Peninsula Five - Tower 3

1304 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1304, each contractTypical studio in Peninsula Five - Tower 3

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 1304 sits

All 102 studios →

Studios in Peninsula Five - Tower 3 · last 12 months2,850 /sqft Peninsula Five - Tower 3 · all types2,717 /sqft

1304 last sold in March 2023 at AED 1,934 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,913). 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 sales	Size	Price (AED)	Per sqft
20 Jan 202620 January 2026	517 sqft	1,525,000	2,952
8 Jan 20268 January 2026	515 sqft	1,440,000	2,798
23 Dec 202523 December 2025	541 sqft	1,470,000	2,717
10 Jul 202510 July 2025	529 sqft	1,450,000	2,741

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 13th floor

All 321 units in Peninsula Five - Tower 3


1301	1-bed	820 sqft	AED 1.68MAED 1,679,000 · Sep 2022September 2022	140,000 /yr
1302	2-bed	1,352 sqft	AED 2.69MAED 2,686,200 · Sep 2022September 2022
1303	1-bed	875 sqft	AED 1.63MAED 1,632,900 · Jul 2022July 2022
1305	Studio	531 sqft	AED 983KAED 983,300 · Jul 2022July 2022
1306	1-bed	702 sqft	AED 1.31MAED 1,313,500 · Jul 2022July 2022
1307	Studio	541 sqft	AED 1.23MAED 1,225,000 · Nov 2024November 2024	100,000 /yr
1308	Studio	517 sqft	AED 963KAED 962,800 · Jul 2022July 2022
1309	1-bed	855 sqft	AED 1.85MAED 1,850,000 · Jul 2024July 2024	155,000 /yr
1310	2-bed	1,305 sqft	AED 1.7MAED 1,696,520 · Jul 2022July 2022
1311	1-bed	812 sqft	AED 1.06MAED 1,056,198 · Jul 2022July 2022

1–7 of 10

1304, Peninsula Five - Tower 3 in numbers

Sold twice: first on 6 July 2022 for AED 963,400, last on 15 March 2023 for AED 1,000,000 (AED 1,934 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 March 2023.

Questions about 1304, Peninsula Five - Tower 3

What did unit 1304 last sell for?

AED 1,000,000 on 15 March 2023: AED 1,934 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 963,400 in July 2022.

How big is unit 1304?

517 sqft (48.0 sqm): a studio on the 13th floor of a 36-storey tower completed in 2024.

What is unit 1304 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 1304, Peninsula Five - Tower 3

Starts from the last sale price (AED 1M, 15 March 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,000,000
Deposit, UAE resident (20%): AED 200,000
Deposit, non-resident (40%): AED 400,000
Monthly over 25 years at 3.7%: AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →