3-bed · 1,683 sqftPeninsula Five - Tower 3, Business Bay · 29th floor · completed 2024

2909, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 3.54M2 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Peninsula Five - Tower 3

What is 2909 worth today?

Last sold for AED 3,542,994 in 2022

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2 Aug 2022Sold by developerOff-plan
AED 3,542,994AED 2,104 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
3-bed apartment
Size
1,683 sqft
Floor
29th of 36
Parking
2
Developer
Select Global Development
Completed
2024
Last sold
AED 3.54M · August 2022

About 2909, Peninsula Five - Tower 3

2909 is a three-bedroom apartment of 1,683 sqft on the 29th 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 2 August 2022 for AED 3,542,994, or AED 2,104 per sqft, in line with the AED 2,108 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2909 over time

Sales
Unit 2909, each saleTypical three-bed in Peninsula Five - Tower 3
3.5M4M20222023202420252026Typical sale price by year: 2022 AED 3,637,200; 2023 AED 3,819,350; 2024 AED 3,883,300; 2025 AED 4,350,000Sold by developer, August 2022: AED 3,542,994 (AED 2,104 per sqft)

2909 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2909, each contractTypical three-bed in Peninsula Five - Tower 3
260K280K202520262027Typical rent by year: 2025 AED 250,000; 2026 AED 285,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Peninsula Five - Tower 3, and where 2909 sits

All 26 3-beds →

2909 last sold in August 2022 at AED 2,104 per sqft, in line with what three-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,108). Over the last 12 months three-beds sold for AED 4,700,000, around AED 2,736 per sqft, and rent for AED 280,000 to 290,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jul 20254,200,000
8 Jul 20254,500,000
8 Jul 20254,500,000
25 Jun 20254,600,000
1 3-bed sale 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
2906StudioAED 1.31M · Jun 2024
2907StudioAED 1.35M · Feb 2025
1–7 of 9

2909, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 2 August 2022 for AED 3,542,994, or AED 2,104 per sqft.
  • Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000–4,700,000 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 2 August 2022.

Questions about 2909, Peninsula Five - Tower 3

What did unit 2909 last sell for?

AED 3,542,994 on 2 August 2022, sold by the developer: AED 2,104 per sqft for 1,683 sqft. It is the only registered sale of the unit.

How big is unit 2909?

1,683 sqft (156.4 sqm): a three-bedroom apartment on the 29th floor of a 36-storey tower completed in 2024.

What is unit 2909 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 2,736 per sqft.

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Mortgage on 2909, Peninsula Five - Tower 3

Starts from the last sale price (AED 3.54M, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,542,994
Deposit, UAE resident (20%)
AED 708,599
Deposit, non-resident (40%)
AED 1,417,198
Monthly over 25 years at 3.7%
AED 14,495

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