Studio · 531 sqftPeninsula Five - Tower 3, Business Bay · 4th floor · completed 2024

405, Peninsula Five - Tower 3

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

Unit 405 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 924K27 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Peninsula Five - Tower 3

What is 405 worth today?

Last sold for AED 923,700 in 2022

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27 Jun 2022Sold by developerOff-plan
AED 923,700AED 1,738 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
Studio apartment
Size
531 sqft
Floor
4th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 924K · June 2022

About 405, Peninsula Five - Tower 3

405 is a studio of 531 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 923,700, or AED 1,738 per sqft, 10% below the AED 1,923 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M20222023202420252026Typical 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 923,700 (AED 1,738 per sqft)

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

Rents
Unit 405, each contractTypical studio in Peninsula Five - Tower 3
90K95K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 100,000

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 405 sits

All 102 studios →

405 last sold in June 2022 at AED 1,738 per sqft, 10% 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.

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 4th floor

All 321 units in Peninsula Five - Tower 3
Value
401AED 1.4M · Mar 2024
4022-bedAED 2.9M · Mar 2025
4031-bedAED 2M · Feb 2025
404StudioAED 905K · Jun 2022
4061-bedAED 1.22M · Jul 2022
407StudioAED 941K · Jun 2022
408StudioAED 904K · Jun 2022
1–7 of 10

405, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 27 June 2022 for AED 923,700, or AED 1,738 per sqft.
  • 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 27 June 2022.

Questions about 405, Peninsula Five - Tower 3

What did unit 405 last sell for?

AED 923,700 on 27 June 2022, sold by the developer: AED 1,738 per sqft for 531 sqft. It is the only registered sale of the unit.

How big is unit 405?

531 sqft (49.3 sqm): a studio on the 4th floor of a 36-storey tower completed in 2024.

What is unit 405 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 405, Peninsula Five - Tower 3

Starts from the last sale price (AED 924K, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 923,700
Deposit, UAE resident (20%)
AED 184,740
Deposit, non-resident (40%)
AED 369,480
Monthly over 25 years at 3.7%
AED 3,779

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