2-bed · 1,610 sqftPeninsula Five - Tower 3, Business Bay · 35th floor · completed 2024

3502, Peninsula Five - Tower 3

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

Unit 3502 · DLD and Ejari recordsUpdated 18 July 2025
Last soldAED 3.85M6 September 2024
Current rentAED 260K /yr18 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, Peninsula Five - Tower 3

What is 3502 worth today?

Last sold for AED 3,850,000 in 2024

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18 Jul 2025RentedNew contract
AED 260,000/yr12 months · AED 163 per sqft
6 Sep 2024SoldOff-plan
AED 3,850,000AED 2,391 per sqft
27 Jun 2022Sold by developerOff-plan
AED 3,090,000AED 1,919 per sqft

Source: Dubai Land Department. Updated 18 July 2025.

Key facts

Type
2-bed apartment
Size
1,610 sqft
Floor
35th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 3.85M · September 2024

About 3502, Peninsula Five - Tower 3

3502 is a two-bedroom apartment of 1,610 sqft on the 35th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 6 September 2024 for AED 3,850,000, or AED 2,391 per sqft, 13% above the AED 2,115 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 July 2025. The current contract, signed on 18 July 2025, is AED 260,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 3502 over time

Sales
Unit 3502, each saleTypical two-bed in Peninsula Five - Tower 3
3M4M202220242026Typical sale price by year: 2022 AED 2,668,000; 2023 AED 2,906,148; 2024 AED 2,875,000; 2025 AED 3,840,000; 2026 AED 4,050,000Sold by developer, June 2022: AED 3,090,000 (AED 1,919 per sqft)Sold, September 2024: AED 3,850,000 (AED 2,391 per sqft)

3502 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Five - Tower 3, and where 3502 sits

All 43 2-beds →

3502 last sold in September 2024 at AED 2,391 per sqft, 13% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,115). Over the last 12 months two-beds sold for AED 3,650,000 to 4,200,000, around AED 3,102 per sqft, and rent for AED 190,935 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20263,650,000
29 Jan 20264,050,000
29 Jan 2026318,588
7 Jan 20264,100,000
7 2-bed 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 35th floor

All 321 units in Peninsula Five - Tower 3
Value
35013-bedAED 4.45M · Aug 2024
35031-bedAED 2.24M · Apr 2025
35042-bedAED 3.88M · Mar 2025
35053-bedAED 4.1M · Mar 2025
3506AED 2.5M · Aug 2025

3502, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 3,090,000, last on 6 September 2024 for AED 3,850,000 (AED 2,391 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2024 price is 6.8%.
  • Two-beds in Peninsula Five - Tower 3 sold for AED 3,650,000–4,200,000 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 18 July 2025.

Questions about 3502, Peninsula Five - Tower 3

What did unit 3502 last sell for?

AED 3,850,000 on 6 September 2024: AED 2,391 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 3,090,000 in June 2022.

What is the rent for unit 3502?

AED 260,000 a year on the contract signed on 18 July 2025.

How big is unit 3502?

1,610 sqft (149.6 sqm): a two-bedroom apartment on the 35th floor of a 36-storey tower completed in 2024.

What is unit 3502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 3 sold for AED 3,650,000 to 4,200,000 in the last 12 months, around AED 3,102 per sqft.

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Mortgage on 3502, Peninsula Five - Tower 3

Starts from the last sale price (AED 3.85M, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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