404, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Peninsula Five - Tower 3
What is 404 worth today?
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Source: Dubai Land Department. Updated 29 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 4th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 905K · June 2022
- Building
- Peninsula Five - Tower 3
About 404, Peninsula Five - Tower 3
404 is a studio of 517 sqft on the 4th 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 905,000, or AED 1,750 per sqft, 9% below the AED 1,923 studios in the building were fetching at the time.
One Ejari contract is registered, from 29 November 2025. The current contract, signed on 29 November 2025, is AED 85,000 a year: a gross yield of 9.4% on the 2022 price.
Sales and rents for 404 over time
404 has sold once; the dashed line is the studio median of each year in the building.
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 404 sits
All 102 studios →404 last sold in June 2022 at AED 1,750 per sqft, 9% below 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. 404's AED 85,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 | ||
| 8 Jan 20268 January 2026 | 515 sqft | 1,440,000 | 2,798 | ||
| 23 Dec 202523 December 2025 | 541 sqft | 1,470,000 | 2,717 | ||
| 10 Jul 202510 July 2025 | 529 sqft | 1,450,000 | 2,741 |
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 4th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 816 sqft | AED 1.4MAED 1,398,771 · Mar 2024March 2024 | 140,000 /yr | ||
| 402 | 2-bed | 1,353 sqft | AED 2.9MAED 2,900,000 · Mar 2025March 2025 | ||
| 403 | 1-bed | 877 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | ||
| 405 | Studio | 531 sqft | AED 924KAED 923,700 · Jun 2022June 2022 | ||
| 406 | 1-bed | 702 sqft | AED 1.22MAED 1,218,500 · Jul 2022July 2022 | ||
| 407 | Studio | 541 sqft | AED 941KAED 941,200 · Jun 2022June 2022 | ||
| 408 | Studio | 517 sqft | AED 904KAED 904,400 · Jun 2022June 2022 | ||
| 409 | 1-bed | 855 sqft | AED 1.58MAED 1,580,000 · Mar 2024March 2024 | 150,000 /yr | |
| 410 | 2-bed | 1,307 sqft | AED 2.5MAED 2,500,000 · May 2025May 2025 | ||
| 411 | 1-bed | 812 sqft | AED 1.39MAED 1,385,901 · Apr 2024April 2024 |
404, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 905,000, or AED 1,750 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 9.4%.
- 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 November 2025.
Questions about 404, Peninsula Five - Tower 3
What did unit 404 last sell for?
AED 905,000 on 27 June 2022, sold by the developer: AED 1,750 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 85,000 a year on the contract signed on 29 November 2025.
How big is unit 404?
517 sqft (48.0 sqm): a studio on the 4th floor of a 36-storey tower completed in 2024.
What is unit 404 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 404, Peninsula Five - Tower 3
Starts from the last sale price (AED 905K, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 905,000
- Deposit, UAE resident (20%)
- AED 181,000
- Deposit, non-resident (40%)
- AED 362,000
- Monthly over 25 years at 3.7%
- AED 3,703
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →