2-bed · 1,934 sqftPeninsula Five - Tower 1, Business Bay · 4th floor · completed 2024

404, Peninsula Five - Tower 1

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 once, by the developer in July 2022, 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 404 · DLD and Ejari recordsUpdated 5 July 2022

Last soldAED 4.97M5 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 404, Peninsula Five - Tower 1

Today

What is 404 worth today?

Last sold for AED 4,965,700 in 2022

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5 Jul 2022

5 Jul 2022Sold by developerOff-plan

AED 4,965,700AED 2,567 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type: 2-bed apartment
Size: 1,934 sqft
Floor: 4th of 4
Parking: 1
Developer: Select Global Development
Completed: 2024
Last sold: AED 4.97M · July 2022
Building: Peninsula Five - Tower 1

About 404, Peninsula Five - Tower 1

404 is a two-bedroom apartment of 1,934 sqft on the 4th 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 5 July 2022 for AED 4,965,700, or AED 2,567 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Rents

Unit 404, each contractTypical two-bed in Peninsula Five - Tower 1

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 404 sits

All 8 2-beds →

2-beds in Peninsula Five - Tower 1 · last 12 months2,951 /sqft Peninsula Five - Tower 1 · all types2,532 /sqft

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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
13 Apr 202613 April 2026	1,974 sqft	5,000,000	2,532
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

2 2-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 4th floor

All 30 units in Peninsula Five - Tower 1


401	3-bed	2,286 sqft	AED 5.64MAED 5,643,722 · Sep 2022September 2022
402	2-bed	1,974 sqft	AED 5MAED 5,000,000 · Apr 2026April 2026	325,000 /yr
403	3-bed	2,726 sqft	AED 3.54MAED 3,544,305 · 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

404, Peninsula Five - Tower 1 in numbers

Sold once: by Select Global Development on 5 July 2022 for AED 4,965,700, or AED 2,567 per sqft.
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 5 July 2022.

Questions about 404, Peninsula Five - Tower 1

What did unit 404 last sell for?

AED 4,965,700 on 5 July 2022, sold by the developer: AED 2,567 per sqft for 1,934 sqft. It is the only registered sale of the unit.

How big is unit 404?

1,934 sqft (179.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.

What is unit 404 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 404, Peninsula Five - Tower 1

Starts from the last sale price (AED 4.97M, 5 July 2022). Switch to today's estimate once you have unlocked it.

Price: AED 4,965,700
Deposit, UAE resident (20%): AED 993,140
Deposit, non-resident (40%): AED 1,986,280
Monthly over 25 years at 3.7%: AED 20,316

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