2408, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 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 2408, Peninsula Five - Tower 3
What is 2408 worth today?
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Source: Dubai Land Department. Updated 13 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 24th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.78M · September 2022
- Building
- Peninsula Five - Tower 3
About 2408, Peninsula Five - Tower 3
2408 is a one-bedroom apartment of 878 sqft on the 24th 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 13 September 2022 for AED 1,780,700, or AED 2,028 per sqft, in line with the AED 1,977 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2408 over time
2408 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Five - Tower 3, and where 2408 sits
All 123 1-beds →2408 last sold in September 2022 at AED 2,028 per sqft, in line with what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,977). Over the last 12 months one-beds sold for AED 1,500,000 to 2,496,071, around AED 2,589 per sqft, and rent for AED 140,000 to 160,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 832 sqft | 2,150,000 | 2,584 | ||
| 10 Feb 202610 February 2026 | 877 sqft | 2,210,000 | 2,518 | ||
| 21 Jan 202621 January 2026 | 816 sqft | 206,400 | 253 | ||
| 21 Jan 202621 January 2026 | 816 sqft | 2,450,000 | 3,003 |
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 24th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,722 sqft | AED 3.61MAED 3,614,200 · Jul 2022July 2022 | ||
| 2402 | 1-bed | 876 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | 170,000 /yr | |
| 2403 | Studio | 518 sqft | AED 1.23MAED 1,230,000 · Sep 2024September 2024 | 75,000 /yr | |
| 2404 | Studio | 533 sqft | AED 1.03MAED 1,034,500 · Jul 2022July 2022 | ||
| 2405 | 712 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | |||
| 2406 | Studio | 543 sqft | AED 1.05MAED 1,054,300 · Jul 2022July 2022 | ||
| 2407 | 517 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 | |||
| 2409 | 3-bed | 1,683 sqft | AED 3.53MAED 3,531,200 · Jul 2022July 2022 | ||
| 2410 | 1-bed | 895 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 |
2408, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 13 September 2022 for AED 1,780,700, or AED 2,028 per sqft.
- One-beds in Peninsula Five - Tower 3 sold for AED 1,500,000–2,496,071 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 13 September 2022.
Questions about 2408, Peninsula Five - Tower 3
What did unit 2408 last sell for?
AED 1,780,700 on 13 September 2022, sold by the developer: AED 2,028 per sqft for 878 sqft. It is the only registered sale of the unit.
How big is unit 2408?
878 sqft (81.6 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2024.
What is unit 2408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Five - Tower 3 sold for AED 1,500,000 to 2,496,071 in the last 12 months, around AED 2,589 per sqft.
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Mortgage on 2408, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.78M, 13 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,700
- Deposit, UAE resident (20%)
- AED 356,140
- Deposit, non-resident (40%)
- AED 712,280
- Monthly over 25 years at 3.7%
- AED 7,285
Plus AED 79,799 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →