2-bed · 1,305 sqftPeninsula Five - Tower 3, Business Bay · 15th floor · completed 2024

1510, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 30 June 2025
Last soldAED 2.88M14 September 2022
Current rentAED 240K /yr30 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Peninsula Five - Tower 3

What is 1510 worth today?

Last sold for AED 2,877,500 in 2022

Unlock today's estimate, updated daily, with

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

30 Jun 2025RentedNew contract
AED 240,000/yr12 months · AED 184 per sqft
14 Sep 2022Sold by developerOff-plan
AED 2,877,500AED 2,204 per sqft

Source: Dubai Land Department. Updated 30 June 2025.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
15th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.88M · September 2022

About 1510, Peninsula Five - Tower 3

1510 is a two-bedroom apartment of 1,305 sqft on the 15th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 14 September 2022 for AED 2,877,500, or AED 2,204 per sqft, 13% above the AED 1,956 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 June 2025. The current contract, signed on 30 June 2025, is AED 240,000 a year: a gross yield of 8.3% on the 2022 price.

Sales and rents for 1510 over time

Sales
Unit 1510, each saleTypical two-bed in Peninsula Five - Tower 3
3M4M202220242026Typical sale price by year: 2022 AED 2,668,000; 2023 AED 2,906,148; 2024 AED 2,875,000; 2025 AED 3,840,000; 2026 AED 4,050,000Sold by developer, September 2022: AED 2,877,500 (AED 2,204 per sqft)

1510 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Five - Tower 3, and where 1510 sits

All 43 2-beds →

1510 last sold in September 2022 at AED 2,204 per sqft, 13% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,956). Over the last 12 months two-beds sold for AED 3,650,000 to 4,200,000, around AED 3,102 per sqft, and rent for AED 190,935 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20263,650,000
29 Jan 20264,050,000
29 Jan 2026318,588
7 Jan 20264,100,000
7 2-bed 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 15th floor

All 321 units in Peninsula Five - Tower 3
Value
15011-bedAED 1.69M · Jul 2022
15022-bedAED 2.71M · Mar 2023
15031-bedAED 1.65M · Jul 2022
1504StudioAED 1.15M · Aug 2022
1505StudioAED 994K · Sep 2022
15061-bedAED 1.33M · Aug 2022
1507StudioAED 704K · Jul 2022
1–7 of 10

1510, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 14 September 2022 for AED 2,877,500, or AED 2,204 per sqft.
  • Rented since June 2025 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2022 price is 8.3%.
  • Two-beds in Peninsula Five - Tower 3 sold for AED 3,650,000–4,200,000 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 30 June 2025.

Questions about 1510, Peninsula Five - Tower 3

What did unit 1510 last sell for?

AED 2,877,500 on 14 September 2022, sold by the developer: AED 2,204 per sqft for 1,305 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 240,000 a year on the contract signed on 30 June 2025.

How big is unit 1510?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2024.

What is unit 1510 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 3 sold for AED 3,650,000 to 4,200,000 in the last 12 months, around AED 3,102 per sqft.

Selling 1510? 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 1510, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.88M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,877,500
Deposit, UAE resident (20%)
AED 575,500
Deposit, non-resident (40%)
AED 1,151,000
Monthly over 25 years at 3.7%
AED 11,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →