3-bed · 2,579 sqftPeninsula Five - Tower 1, Business Bay · 2nd floor · completed 2024

204, Peninsula Five - Tower 1

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 5.54M2 August 2022
Current rentAED 419K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Peninsula Five - Tower 1

What is 204 worth today?

Last sold for AED 5,540,528 in 2022

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1 Apr 2026RentedNew contract
AED 418,837/yr12 months · AED 161 per sqft
10 Mar 2025RentedNew contract
AED 436,000/yr12 months · AED 168 per sqft
10 Mar 2025RentedNew contract
AED 436,000/yr12 months · AED 168 per sqft
2 Aug 2022Sold by developerOff-plan
AED 5,540,528AED 2,148 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
3-bed apartment
Size
2,579 sqft
Floor
2nd of 4
Parking
2
Developer
Select Global Development
Completed
2024
Last sold
AED 5.54M · August 2022

About 204, Peninsula Five - Tower 1

204 is a three-bedroom apartment of 2,579 sqft on the 2nd floor of Peninsula Five - Tower 1, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 2 August 2022 for AED 5,540,528, or AED 2,148 per sqft, 6% above the AED 2,026 three-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 April 2026, is AED 418,837 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Peninsula Five - Tower 1
4M6M202220242026Typical sale price by year: 2022 AED 4,748,800; 2024 AED 7,407,500; 2025 AED 7,050,000; 2026 AED 4,500,000Sold by developer, August 2022: AED 5,540,528 (AED 2,148 per sqft)

204 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 204, each contractTypical three-bed in Peninsula Five - Tower 1
420K440K202520262027Typical rent by year: 2025 AED 436,000; 2026 AED 410,000New contract, March 2025: AED 436,000 a yearNew contract, March 2025: AED 436,000 a yearNew contract, April 2026: AED 418,837 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Peninsula Five - Tower 1, and where 204 sits

All 17 3-beds →

204 last sold in August 2022 at AED 2,148 per sqft, 6% above what three-beds in Peninsula Five - Tower 1 were fetching at the time (AED 2,026). Over the last 12 months three-beds sold for AED 4,400,000 to 10,980,000, around AED 2,490 per sqft, and rent for AED 385,000 to 418,837 a year. 204's AED 418,837 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Jul 20264,400,000
11 Mar 20264,500,000
9 Feb 202610,980,000
17 Sep 20254,560,000
3 3-bed sales in the last 12 months

Peninsula Five - Tower 1

Building

30 apartments, 1-bed to 4-bed over 4 floors in Business Bay, completed in 2024 by Select Global Development. 5 sold in the last 12 months.

Typical price per sqft
AED 2,532
Typical sale
AED 5M
Typical rent
AED 385K /yr
Typical yield
6.4%
Peninsula Five - Tower 1, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 30 units in Peninsula Five - Tower 1
Value
2013-bedAED 5.23M · Aug 2022
2022-bedAED 5.15M · Apr 2024
2033-bedAED 10.98M · Feb 2026
2053-bedAED 13.5M · Jul 2025
2063-bedAED 7.6M · Jul 2025
2073-bedAED 5.7M · Apr 2025
2081-bedAED 1.52M · Jul 2022
1–7 of 11

204, Peninsula Five - Tower 1 in numbers

  • Sold once: by Select Global Development on 2 August 2022 for AED 5,540,528, or AED 2,148 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, from AED 436,000 to AED 418,837 a year.
  • At AED 418,837 a year the gross yield on the 2022 price is 7.6%.
  • Three-beds in Peninsula Five - Tower 1 sold for AED 4,400,000–10,980,000 in the 12 months to November 2026; the building's median across all types is AED 2,532 per sqft.

Source: Dubai Land Department. Updated 1 April 2026.

Questions about 204, Peninsula Five - Tower 1

What did unit 204 last sell for?

AED 5,540,528 on 2 August 2022, sold by the developer: AED 2,148 per sqft for 2,579 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 418,837 a year on the contract signed on 1 April 2026. The previous contract, from March 2025, was AED 436,000; the unit has been rented since March 2025.

How big is unit 204?

2,579 sqft (239.6 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2024.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula Five - Tower 1 sold for AED 4,400,000 to 10,980,000 in the last 12 months, around AED 2,490 per sqft.

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Mortgage on 204, Peninsula Five - Tower 1

Starts from the last sale price (AED 5.54M, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,540,528
Deposit, UAE resident (20%)
AED 1,108,106
Deposit, non-resident (40%)
AED 2,216,211
Monthly over 25 years at 3.7%
AED 22,668

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