2-bed · 2,316 sqftPeninsula Five - Tower 1, Business Bay · Ground floor · completed 2024

G04, Peninsula Five - Tower 1

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

Unit G04 · DLD and Ejari recordsUpdated 19 March 2026
Last soldAED 4.55M13 September 2022
Current rentAED 400K /yr19 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Peninsula Five - Tower 1

What is G04 worth today?

Last sold for AED 4,551,800 in 2022

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19 Mar 2026RentedRenewal
AED 400,000/yr12 months · AED 173 per sqft
19 Mar 2025RentedNew contract
AED 400,000/yr12 months · AED 173 per sqft
19 Mar 2025RentedNew contract
AED 400,000/yr12 months · AED 173 per sqft
13 Sep 2022Sold by developerOff-plan
AED 4,551,800AED 1,965 per sqft

Source: Dubai Land Department. Updated 19 March 2026.

Key facts

Type
2-bed apartment
Size
2,316 sqft
Floor
Ground of 4
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 4.55M · September 2022

About G04, Peninsula Five - Tower 1

G04 is a two-bedroom apartment of 2,316 sqft on the ground 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 13 September 2022 for AED 4,551,800, or AED 1,965 per sqft, 7% below the AED 2,122 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 19 March 2026, is AED 400,000 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for G04 over time

Rents
Unit G04, each contractTypical two-bed in Peninsula Five - Tower 1
360K380K400K202520262027Typical rent by year: 2025 AED 362,500; 2026 AED 362,500New contract, March 2025: AED 400,000 a yearNew contract, March 2025: AED 400,000 a yearRenewal, March 2026: AED 400,000 a year

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 G04 sits

All 8 2-beds →

G04 last sold in September 2022 at AED 1,965 per sqft, 7% below what two-beds in Peninsula Five - Tower 1 were fetching at the time (AED 2,122). 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. G04's AED 400,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Apr 20265,000,000
18 Feb 20267,900,000
19 Jun 20245,400,000
19 Apr 20245,150,000
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 ground floor

All 30 units in Peninsula Five - Tower 1
Value
G012-bedAED 7.9M · Feb 2026
G022-bedAED 5.4M · Jun 2024
G032-bedAED 4.58M · Dec 2022
G053-bedAED 4.84M · Aug 2022
G063-bedAED 6.5M · Feb 2025
G073-bedAED 4.5M · Mar 2026
G081-bedAED 2.29M · Sep 2022
1–7 of 11

G04, Peninsula Five - Tower 1 in numbers

  • Sold once: by Select Global Development on 13 September 2022 for AED 4,551,800, or AED 1,965 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2022 price is 8.8%.
  • 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 19 March 2026.

Questions about G04, Peninsula Five - Tower 1

What did unit G04 last sell for?

AED 4,551,800 on 13 September 2022, sold by the developer: AED 1,965 per sqft for 2,316 sqft. It is the only registered sale of the unit.

What is the rent for unit G04?

AED 400,000 a year on the contract renewed on 19 March 2026. The previous contract, from March 2025, was AED 400,000; the unit has been rented since March 2025.

How big is unit G04?

2,316 sqft (215.2 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2024.

What is unit G04 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 G04, Peninsula Five - Tower 1

Starts from the last sale price (AED 4.55M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,551,800
Deposit, UAE resident (20%)
AED 910,360
Deposit, non-resident (40%)
AED 1,820,720
Monthly over 25 years at 3.7%
AED 18,623

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