402, Peninsula Five - Tower 2
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.
Property timeline for 402, Peninsula Five - Tower 2
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 4,730 sqft
- Floor
- 4th of 4
- Parking
- 2
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 9.7M · September 2022
- Building
- Peninsula Five - Tower 2
About 402, Peninsula Five - Tower 2
402 is a four-bedroom apartment of 4,730 sqft on the 4th 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 28 September 2022 for AED 9,703,500, or AED 2,051 per sqft.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 June 2025, is AED 850,000 a year: a gross yield of 8.8% on the 2022 price.
4-beds in Peninsula Five - Tower 2, and where 402 sits
All 2 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Nov 20228 November 2022 | 4,721 sqft | 6,137,780 | 1,299 |
Peninsula Five - Tower 2
Building30 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%
Other units on the 4th floor
All 30 units in Peninsula Five - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,286 sqft | AED 6.95MAED 6,950,000 · Jun 2025June 2025 | ||
| 403 | 4-bed | 4,721 sqft | AED 6.14MAED 6,137,780 · Nov 2022November 2022 | ||
| 404 | 2-bed | 1,936 sqft | AED 5.4MAED 5,400,000 · Mar 2025March 2025 | ||
| 405 | 3-bed | 2,722 sqft | AED 3.54MAED 3,539,127 · Jul 2022July 2022 | 475,073 /yr | |
| 406 | 2-bed | 1,975 sqft | AED 5.35MAED 5,350,000 · Jan 2025January 2025 |
402, Peninsula Five - Tower 2 in numbers
- Sold once: by Select Global Development on 28 September 2022 for AED 9,703,500, or AED 2,051 per sqft.
- Rented since June 2025 on 2 Ejari contracts, at AED 850,000 a year.
- At AED 850,000 a year the gross yield on the 2022 price is 8.8%.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 402, Peninsula Five - Tower 2
What did unit 402 last sell for?
AED 9,703,500 on 28 September 2022, sold by the developer: AED 2,051 per sqft for 4,730 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 850,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 850,000.
How big is unit 402?
4,730 sqft (439.4 sqm): a four-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.
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Mortgage on 402, Peninsula Five - Tower 2
Starts from the last sale price (AED 9.7M, 28 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 9,703,500
- Deposit, UAE resident (20%)
- AED 1,940,700
- Deposit, non-resident (40%)
- AED 3,881,400
- Monthly over 25 years at 3.7%
- AED 39,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →