Studio · 543 sqftPeninsula Five - Tower 3, Business Bay · 26th floor · completed 2024

2606, Peninsula Five - Tower 3

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

Unit 2606 · DLD and Ejari recordsUpdated 29 July 2025
Last soldAED 1.07M27 June 2022
Current rentAED 80K /yr29 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, Peninsula Five - Tower 3

What is 2606 worth today?

Last sold for AED 1,065,200 in 2022

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29 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 147 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,065,200AED 1,961 per sqft

Source: Dubai Land Department. Updated 29 July 2025.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
26th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.07M · June 2022

About 2606, Peninsula Five - Tower 3

2606 is a studio of 543 sqft on the 26th 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 27 June 2022 for AED 1,065,200, or AED 1,961 per sqft, in line with the AED 1,923 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 July 2025. The current contract, signed on 29 July 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2022 price.

Sales and rents for 2606 over time

Sales
Unit 2606, 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 1,065,200 (AED 1,961 per sqft)

2606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2606, each contractTypical studio in Peninsula Five - Tower 3
80K90K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 100,000New contract, July 2025: AED 80,000 a year

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 2606 sits

All 102 studios →

2606 last sold in June 2022 at AED 1,961 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,923). 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. 2606's AED 80,000 is at the bottom of that range.

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 26th floor

All 321 units in Peninsula Five - Tower 3
Value
26013-bedAED 3.65M · Jun 2022
26021-bedAED 1.74M · Jun 2022
2603StudioAED 1.02M · Jun 2022
2604StudioAED 1.05M · Jun 2022
26051-bedAED 1.42M · Jun 2022
2607StudioAED 1.02M · Jun 2022
26081-bedAED 1.8M · Jun 2022
1–7 of 9

2606, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 27 June 2022 for AED 1,065,200, or AED 1,961 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 7.5%.
  • 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 29 July 2025.

Questions about 2606, Peninsula Five - Tower 3

What did unit 2606 last sell for?

AED 1,065,200 on 27 June 2022, sold by the developer: AED 1,961 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 2606?

AED 80,000 a year on the contract signed on 29 July 2025.

How big is unit 2606?

543 sqft (50.4 sqm): a studio on the 26th floor of a 36-storey tower completed in 2024.

What is unit 2606 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 2606, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.07M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,200
Deposit, UAE resident (20%)
AED 213,040
Deposit, non-resident (40%)
AED 426,080
Monthly over 25 years at 3.7%
AED 4,358

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