608, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Peninsula Five - Tower 3
What is 608 worth today?
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Source: Dubai Land Department. Updated 5 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 6th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 913K · July 2022
- Building
- Peninsula Five - Tower 3
About 608, Peninsula Five - Tower 3
608 is a studio of 517 sqft on the 6th 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 7 July 2022 for AED 913,300, or AED 1,766 per sqft, 8% below the AED 1,921 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 March 2025. The current contract, signed on 5 March 2025, is AED 86,289 a year: a gross yield of 9.4% on the 2022 price.
Sales and rents for 608 over time
608 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 608 sits
All 102 studios →608 last sold in July 2022 at AED 1,766 per sqft, 8% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,921). 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. 608's AED 86,289 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 6th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 820 sqft | AED 1.63MAED 1,625,000 · Oct 2023October 2023 | ||
| 602 | 2-bed | 1,352 sqft | AED 2.52MAED 2,518,300 · Dec 2023December 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 | ||
| 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 |
608, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 7 July 2022 for AED 913,300, or AED 1,766 per sqft.
- Rented since March 2025 on one Ejari contract, at AED 86,289 a year.
- At AED 86,289 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 5 March 2025.
Questions about 608, Peninsula Five - Tower 3
What did unit 608 last sell for?
AED 913,300 on 7 July 2022, sold by the developer: AED 1,766 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 608?
AED 86,289 a year on the contract signed on 5 March 2025.
How big is unit 608?
517 sqft (48.0 sqm): a studio on the 6th floor of a 36-storey tower completed in 2024.
What is unit 608 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 608, Peninsula Five - Tower 3
Starts from the last sale price (AED 913K, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 913,300
- Deposit, UAE resident (20%)
- AED 182,660
- Deposit, non-resident (40%)
- AED 365,320
- Monthly over 25 years at 3.7%
- AED 3,737
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →