Bedroom typeBusiness Bay · Select Global Development · 2024

Studios in Peninsula Five - Tower 3

Studios in Business Bay. 3 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 29 March 2026
Typical price per sqftAED 2,7983 sales
Typical saleAED 1.47M3 sales
Typical rentAED 100K /yrAED 185 per sqft
Typical yield6.6%gross, before service charges

About the studios in Peninsula Five - Tower 3

Peninsula Five - Tower 3 has 102 studios, 32% of its 321 apartments, at 513 to 543 sqft. 4 of the building's 26 sales in the last 12 months were studios.

3 studios sold in the 12 months to March 2026, at a median of AED 2,798 per sqft. The median sale was AED 1,470,000, from AED 1,440,000 to 1,525,000, against a median of AED 2,717 per sqft for the building as a whole. 8 contracts registered over the same 12 months rented them for AED 80,000 to 105,000 a year, a gross yield of about 6.6% before the service charge.

Studios
102
Share of building
32%
Size
513–543 sqft
Last sale
20 January 2026
Building
Peninsula Five - Tower 3

Business Bay, Dubai

Average prices in Peninsula Five - Tower 3

Studios in Peninsula Five - Tower 3 sell for around AED 1,490,000, or AED 2,850 per sqft, 5% more per sqft than the building average. The other types: AED 2,190,000 for one-beds, AED 4,050,000 for two-beds and AED 4,700,000 for three-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Peninsula Five - Tower 3

2,7502,800May 2026Nov 20262025-12-23: AED 2,717, Studio, 541 sqft2026-01-08: AED 2,798, Studio, 515 sqft2026-01-20: AED 2,952, Studio, 517 sqftTrend: AED 2,717 to AED 2,932

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Studio transactions in Peninsula Five - Tower 3

  • CompletedStudio · 518 sqft 20 Jan 2026AED 1,525,0002,944 /sqft
  • CompletedStudio · 516 sqft 08 Jan 2026AED 1,440,0002,785 /sqft
  • CompletedStudio · 541 sqft 23 Dec 2025AED 1,470,0002,716 /sqft
  • CompletedStudio · 528 sqft 10 Jul 2025AED 1,450,0002,741 /sqft
  • CompletedStudio · 531 sqft 10 Jul 2025AED 1,450,0002,729 /sqft
  • CompletedStudio · 515 sqft 01 Jul 2025AED 1,450,0002,813 /sqft
  • CompletedStudio · 541 sqft 01 Jul 2025AED 1,450,0002,680 /sqft
  • CompletedStudio · 514 sqft 17 Jun 2025AED 1,450,0002,818 /sqft
  • CompletedStudio · 516 sqft 02 Apr 2025AED 1,360,0002,632 /sqft
  • CompletedStudio · 516 sqft 19 Mar 2025AED 1,300,0002,517 /sqft

Over the last 12 months, Peninsula Five - Tower 3 has recorded 3 studio sales. Typical homes sold for around AED 1.47M (about AED 2,798 per sqft) with a median size of 517 sqft, from roughly AED 1.44M to AED 1.53M.

1–10 of 155

Studios in Peninsula Five - Tower 3

102 units
  • Unit 101Studio · 513 sqftSold AED 899K, Aug 2022
  • Unit 304Studio · 515 sqftSold AED 1.28M, Mar 2025
  • Unit 305Studio · 529 sqftSold AED 903K, Jun 2023
  • Unit 404Studio · 517 sqftSold AED 905K, Jun 2022
  • Unit 405Studio · 531 sqftSold AED 924K, Jun 2022
  • Unit 407Studio · 541 sqftSold AED 941K, Jun 2022
  • Unit 408Studio · 517 sqftSold AED 904K, Jun 2022
  • Unit 504Studio · 517 sqftSold AED 909K, Jun 2022
  • Unit 505Studio · 531 sqftSold AED 928K, Sep 2022
  • Unit 507Studio · 541 sqftSold AED 950K, Nov 2022
1–10 of 102
Every unit in Peninsula Five - Tower 3, by number

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Peninsula Five - Tower 2AED 2,878
Peninsula Five - Tower 1AED 3,655
Peninsula OneAED 2,7587.0%
Jumeirah Living Business BayAED 4,058
The BurlingtonFew sales
1–5 of 169 · nearest first

Peninsula Five - Tower 3 studios in numbers

  • Across 3 DLD sales in the 12 months to March 2026, the median price in Studios in Peninsula Five - Tower 3 was AED 2,798 per sqft and the typical home sold for about AED 1.47M.
  • Completed in 2024 by Select Global Development; 36 floors of studios to three-beds.
  • Studios of 513 to 543 sqft sold for AED 1,440,000 to 1,525,000 between December 2025 and January 2026, a median AED 2,798 per sqft.
  • A studio of 513 to 543 sqft rents for AED 80,000 to 105,000 a year on the 8 contracts registered in the last 12 months.
  • Gross rental yield 6.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 29 March 2026.

Questions

How much does a studio in Peninsula Five - Tower 3 cost?

3 studios sold in the 12 months to March 2026, for AED 1,440,000 to 1,525,000; the median was AED 1,470,000, or AED 2,798 per sqft.

How much is a studio for rent in Peninsula Five - Tower 3?

About AED 100,000 a year: that is the median of the 8 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 80,000 to 105,000.

What is the rental yield in Peninsula Five - Tower 3?

About 6.6% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Peninsula Five - Tower 3 and when?

Select Global Development; completed in 2024; 36 floors; 321 apartments.

How many studios are there in Peninsula Five - Tower 3?

102, of 513 to 543 sqft, 32% of the building's 321 apartments.

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