3-bed · 2,084 sqftPeninsula Five - Tower 2, Business Bay · 2nd floor · completed 2024

204, Peninsula Five - Tower 2

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 17 January 2026
Last soldAED 3.45M23 August 2022
Current rentAED 349K /yr17 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Peninsula Five - Tower 2

What is 204 worth today?

Last sold for AED 3,451,462 in 2022

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17 Jan 2026RentedNew contract
AED 349,062/yr12 months · AED 168 per sqft
23 Aug 2022Sold by developerOff-plan
AED 3,451,462AED 1,656 per sqft

Source: Dubai Land Department. Updated 17 January 2026.

Key facts

Type
3-bed apartment
Size
2,084 sqft
Floor
2nd of 4
Parking
2
Developer
Select Global Development
Completed
2024
Last sold
AED 3.45M · August 2022

About 204, Peninsula Five - Tower 2

204 is a three-bedroom apartment of 2,084 sqft on the 2nd floor of Peninsula Five - Tower 2, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 23 August 2022 for AED 3,451,462, or AED 1,656 per sqft, 10% below the AED 1,848 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 January 2026. The current contract, signed on 17 January 2026, is AED 349,062 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Peninsula Five - Tower 2
4M6M20222023202420252026Typical sale price by year: 2022 AED 4,625,000; 2025 AED 6,950,000Sold by developer, August 2022: AED 3,451,462 (AED 1,656 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 2
350K400K450K202520262027Typical rent by year: 2025 AED 450,000; 2026 AED 431,500New contract, January 2026: AED 349,062 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 2, and where 204 sits

All 17 3-beds →

204 last sold in August 2022 at AED 1,656 per sqft, 10% below what three-beds in Peninsula Five - Tower 2 were fetching at the time (AED 1,848). Over the last 12 months three-beds sold for AED 3,900,000 to 7,925,000, around AED 3,372 per sqft, and rent for AED 120,000 to 520,000 a year. 204's AED 349,062 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jan 20267,300,000
19 Dec 20253,900,000
12 Nov 20257,925,000
8 Sep 20255,700,000
3 3-bed sales in the last 12 months

Peninsula Five - Tower 2

Building

30 apartments, 1-bed to 4-bed over 4 floors in Business Bay, completed in 2024 by Select Global Development. 6 sold in the last 12 months.

Typical price per sqft
AED 2,878
Typical sale
AED 5.6M
Typical rent
AED 375K /yr
Typical yield
6.0%
Peninsula Five - Tower 2, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 30 units in Peninsula Five - Tower 2
Value
2013-bedAED 5.22M · Mar 2023
2023-bedAED 7.93M · Nov 2025
2033-bedAED 5.11M · Apr 2024
2051-bedAED 2.25M · Jan 2026
2061-bedAED 1.9M · Jun 2025
2073-bedAED 5.7M · Sep 2025
2083-bedAED 7.3M · Jan 2026
1–7 of 11

204, Peninsula Five - Tower 2 in numbers

  • Sold once: by Select Global Development on 23 August 2022 for AED 3,451,462, or AED 1,656 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 349,062 a year.
  • At AED 349,062 a year the gross yield on the 2022 price is 10.1%.
  • Three-beds in Peninsula Five - Tower 2 sold for AED 3,900,000–7,925,000 in the 12 months to November 2026; the building's median across all types is AED 2,878 per sqft.

Source: Dubai Land Department. Updated 17 January 2026.

Questions about 204, Peninsula Five - Tower 2

What did unit 204 last sell for?

AED 3,451,462 on 23 August 2022, sold by the developer: AED 1,656 per sqft for 2,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 349,062 a year on the contract signed on 17 January 2026.

How big is unit 204?

2,084 sqft (193.6 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 2 sold for AED 3,900,000 to 7,925,000 in the last 12 months, around AED 3,372 per sqft.

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Mortgage on 204, Peninsula Five - Tower 2

Starts from the last sale price (AED 3.45M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,451,462
Deposit, UAE resident (20%)
AED 690,292
Deposit, non-resident (40%)
AED 1,380,585
Monthly over 25 years at 3.7%
AED 14,121

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