402, Peninsula Five - Tower 1
Sold prices and rental history: sold twice, last in April 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Peninsula Five - Tower 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 14 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,974 sqft
- Floor
- 4th of 4
- Parking
- B1-284
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 5M · April 2026
- Building
- Peninsula Five - Tower 1
About 402, Peninsula Five - Tower 1
402 is a two-bedroom apartment of 1,974 sqft on the 4th floor of Peninsula Five - Tower 1, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 13 April 2026 for AED 5,000,000, or AED 2,532 per sqft.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 14 October 2026, is AED 325,000 a year: a gross yield of 6.5% on the 2026 price.
Sales and rents for 402 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Five - Tower 1, and where 402 sits
All 8 2-beds →Over the last 12 months two-beds sold for AED 5,000,000 to 7,900,000, around AED 2,951 per sqft, and rent for AED 226,000 to 470,000 a year. 402's AED 325,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 2,344 sqft | 7,900,000 | 3,370 | ||
| 19 Jun 202419 June 2024 | 2,367 sqft | 5,400,000 | 2,281 | ||
| 19 Apr 202419 April 2024 | 1,978 sqft | 5,150,000 | 2,603 | ||
| 26 Dec 202226 December 2022 | 2,358 sqft | 4,584,600 | 1,943 |
Peninsula Five - Tower 1
Building30 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%
Other units on the 4th floor
All 30 units in Peninsula Five - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,286 sqft | AED 5.64MAED 5,643,722 · Sep 2022September 2022 | ||
| 403 | 3-bed | 2,726 sqft | AED 3.54MAED 3,544,305 · Jul 2022July 2022 | ||
| 404 | 2-bed | 1,934 sqft | AED 4.97MAED 4,965,700 · Jul 2022July 2022 | ||
| 405 | 4-bed | 4,710 sqft | AED 9.67MAED 9,672,900 · Aug 2022August 2022 | ||
| 406 | 4-bed | 4,728 sqft | AED 9.68MAED 9,678,800 · Nov 2022November 2022 | 900,000 /yr |
402, Peninsula Five - Tower 1 in numbers
- Sold twice: first on 14 September 2022 for AED 4,957,900, last on 13 April 2026 for AED 5,000,000 (AED 2,532 per sqft).
- Rented since October 2025 on 3 Ejari contracts, at AED 325,000 a year.
- At AED 325,000 a year the gross yield on the 2026 price is 6.5%.
- Two-beds in Peninsula Five - Tower 1 sold for AED 5,000,000–7,900,000 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 14 October 2026.
Questions about 402, Peninsula Five - Tower 1
What did unit 402 last sell for?
AED 5,000,000 on 13 April 2026: AED 2,532 per sqft for 1,974 sqft. The unit has 2 registered sales; the first was AED 4,957,900 in September 2022.
What is the rent for unit 402?
AED 325,000 a year on the contract signed on 14 October 2026. The previous contract, from October 2025, was AED 325,000; the unit has been rented since October 2025.
How big is unit 402?
1,974 sqft (183.4 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.
What is unit 402 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 1 sold for AED 5,000,000 to 7,900,000 in the last 12 months, around AED 2,951 per sqft.
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Mortgage on 402, Peninsula Five - Tower 1
Starts from the last sale price (AED 5M, 13 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →