2304, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Peninsula Five - Tower 3
What is 2304 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 533 sqft
- Floor
- 23rd of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.03M · July 2022
- Building
- Peninsula Five - Tower 3
About 2304, Peninsula Five - Tower 3
2304 is a studio of 533 sqft on the 23rd 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 6 July 2022 for AED 1,029,100, or AED 1,929 per sqft, in line with the AED 1,922 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2304 over time
2304 has sold once; the dashed line is the studio median of each year in the building.
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 2304 sits
All 102 studios →2304 last sold in July 2022 at AED 1,929 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). 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 | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Peninsula Five - Tower 3
Building321 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%
Other units on the 23rd floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,717 sqft | AED 3.6MAED 3,597,000 · Jan 2025January 2025 | 250,000 /yr | |
| 2302 | 1-bed | 876 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | ||
| 2303 | Studio | 518 sqft | AED 1.2MAED 1,200,000 · Dec 2024December 2024 | 85,000 /yr | |
| 2305 | 712 sqft | AED 2.18MAED 2,175,000 · Dec 2025December 2025 | |||
| 2306 | 543 sqft | AED 1.05MAED 1,048,900 · Aug 2022August 2022 | |||
| 2307 | Studio | 518 sqft | AED 1.01MAED 1,006,900 · Jul 2022July 2022 | ||
| 2308 | 1-bed | 876 sqft | AED 2.75MAED 2,754,000 · May 2025May 2025 | ||
| 2309 | 3-bed | 1,685 sqft | AED 4.2MAED 4,200,000 · Mar 2025March 2025 | ||
| 2310 | 895 sqft | AED 2.25MAED 2,250,000 · Oct 2025October 2025 |
2304, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 6 July 2022 for AED 1,029,100, or AED 1,929 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 6 July 2022.
Questions about 2304, Peninsula Five - Tower 3
What did unit 2304 last sell for?
AED 1,029,100 on 6 July 2022, sold by the developer: AED 1,929 per sqft for 533 sqft. It is the only registered sale of the unit.
How big is unit 2304?
533 sqft (49.5 sqm): a studio on the 23rd floor of a 36-storey tower completed in 2024.
What is unit 2304 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 2304, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.03M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,029,100
- Deposit, UAE resident (20%)
- AED 205,820
- Deposit, non-resident (40%)
- AED 411,640
- Monthly over 25 years at 3.7%
- AED 4,210
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →