2-bed · 1,352 sqftPeninsula Five - Tower 3, Business Bay · 6th floor · completed 2024

602, Peninsula Five - Tower 3

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 602 · DLD and Ejari recordsUpdated 18 December 2023

Last soldAED 2.52M18 December 2023

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Today's valuefree after one verification

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Property timeline for 602, Peninsula Five - Tower 3

Today

What is 602 worth today?

Last sold for AED 2,518,300 in 2023

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18 Dec 2023

18 Dec 2023SoldOff-plan

AED 2,518,300AED 1,862 per sqft

6 Sep 2022

6 Sep 2022Sold by developerOff-plan

AED 2,518,300AED 1,862 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type: 2-bed apartment
Size: 1,352 sqft
Floor: 6th of 36
Parking: 1
Developer: Select Global Development
Completed: 2024
Last sold: AED 2.52M · December 2023
Building: Peninsula Five - Tower 3

About 602, Peninsula Five - Tower 3

602 is a two-bedroom apartment of 1,352 sqft on the 6th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 18 December 2023 for AED 2,518,300, or AED 1,862 per sqft, 6% below the AED 1,991 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales

Unit 602, each saleTypical two-bed in Peninsula Five - Tower 3

602 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 602 sits

All 43 2-beds →

2-beds in Peninsula Five - Tower 3 · last 12 months3,102 /sqft Peninsula Five - Tower 3 · all types2,717 /sqft

602 last sold in December 2023 at AED 1,862 per sqft, 6% below what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,991). 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 sales	Size	Price (AED)	Per sqft
3 Feb 20263 February 2026	1,353 sqft	3,650,000	2,697
29 Jan 202629 January 2026	1,307 sqft	4,050,000	3,099
29 Jan 202629 January 2026	1,307 sqft	318,588	243
7 Jan 20267 January 2026	1,307 sqft	4,100,000	3,137

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 6th floor

All 321 units in Peninsula Five - Tower 3


601	1-bed	820 sqft	AED 1.63MAED 1,625,000 · Oct 2023October 2023
603	1-bed	875 sqft	AED 2.21MAED 2,210,000 · Feb 2026February 2026
604	Studio	517 sqft	AED 914KAED 913,900 · Jul 2022July 2022
605	Studio	531 sqft	AED 933KAED 932,700 · Jul 2022July 2022
606	1-bed	702 sqft	AED 1.23MAED 1,231,400 · Sep 2022September 2022
607	Studio	541 sqft	AED 1.2MAED 1,200,000 · Dec 2024December 2024
608	Studio	517 sqft	AED 913KAED 913,300 · Jul 2022July 2022	86,289 /yr
609	1-bed	855 sqft	AED 1.58MAED 1,584,900 · Jul 2022July 2022	125,000 /yr
610	2-bed	1,305 sqft	AED 2.26MAED 2,255,400 · Jul 2022July 2022
611	1-bed	811 sqft	AED 2.05MAED 2,050,000 · Mar 2025March 2025

1–7 of 10

602, Peninsula Five - Tower 3 in numbers

Sold twice: first on 6 September 2022 for AED 2,518,300, last on 18 December 2023 for AED 2,518,300 (AED 1,862 per sqft).
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 December 2023.

Questions about 602, Peninsula Five - Tower 3

What did unit 602 last sell for?

AED 2,518,300 on 18 December 2023: AED 1,862 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,518,300 in September 2022.

How big is unit 602?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the 6th floor of a 36-storey tower completed in 2024.

What is unit 602 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 602, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.52M, 18 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,518,300
Deposit, UAE resident (20%): AED 503,660
Deposit, non-resident (40%): AED 1,007,320
Monthly over 25 years at 3.7%: AED 10,303

Plus AED 110,779 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →