Studio · 543 sqftPeninsula Five - Tower 3, Business Bay · 29th floor · completed 2024

2906, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in June 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 22 October 2025
Last soldAED 1.31M24 June 2024
Current rentAED 105K /yr22 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, Peninsula Five - Tower 3

What is 2906 worth today?

Last sold for AED 1,305,000 in 2024

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22 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 195 per sqft
24 Jun 2024SoldOff-plan
AED 1,305,000AED 2,403 per sqft
13 Sep 2022Sold by developerOff-plan
AED 1,081,500AED 1,991 per sqft

Source: Dubai Land Department. Updated 22 October 2025.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
29th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.31M · June 2024

About 2906, Peninsula Five - Tower 3

2906 is a studio of 543 sqft on the 29th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 24 June 2024 for AED 1,305,000, or AED 2,403 per sqft, 11% above the AED 2,166 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 October 2025. The current contract, signed on 22 October 2025, is AED 105,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, September 2022: AED 1,081,500 (AED 1,991 per sqft)Sold, June 2024: AED 1,305,000 (AED 2,403 per sqft)

2906 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2906, each contractTypical studio in Peninsula Five - Tower 3
90K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 100,000New contract, October 2025: AED 105,000 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 2906 sits

All 102 studios →

2906 last sold in June 2024 at AED 2,403 per sqft, 11% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,166). 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. 2906's AED 105,000 is at the top 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 29th floor

All 321 units in Peninsula Five - Tower 3
Value
29013-bedAED 4.6M · Jun 2025
29021-bedAED 1.76M · Jul 2022
2903StudioAED 1.04M · Sep 2022
2904StudioAED 1.06M · Aug 2022
29051-bedAED 1.44M · Jul 2022
2907StudioAED 1.35M · Feb 2025
29081-bedAED 1.82M · Jul 2022
1–7 of 9

2906, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 13 September 2022 for AED 1,081,500, last on 24 June 2024 for AED 1,305,000 (AED 2,403 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 8.1%.
  • 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 22 October 2025.

Questions about 2906, Peninsula Five - Tower 3

What did unit 2906 last sell for?

AED 1,305,000 on 24 June 2024: AED 2,403 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 1,081,500 in September 2022.

What is the rent for unit 2906?

AED 105,000 a year on the contract signed on 22 October 2025.

How big is unit 2906?

543 sqft (50.4 sqm): a studio on the 29th floor of a 36-storey tower completed in 2024.

What is unit 2906 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 2906, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.31M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,305,000
Deposit, UAE resident (20%)
AED 261,000
Deposit, non-resident (40%)
AED 522,000
Monthly over 25 years at 3.7%
AED 5,339

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