2-bed · 1,936 sqftPeninsula Five - Tower 2, Business Bay · 4th floor · completed 2024

404, Peninsula Five - Tower 2

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 5.4M17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Peninsula Five - Tower 2

What is 404 worth today?

Last sold for AED 5,400,000 in 2025

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17 Mar 2025SoldReady
AED 5,400,000AED 2,789 per sqft
23 Aug 2022Sold by developerOff-plan
AED 4,965,700AED 2,567 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
2-bed apartment
Size
1,936 sqft
Floor
4th of 4
Parking
B1-322
Developer
Select Global Development
Completed
2024
Last sold
AED 5.4M · March 2025

About 404, Peninsula Five - Tower 2

404 is a two-bedroom apartment of 1,936 sqft on the 4th floor of Peninsula Five - Tower 2, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 17 March 2025 for AED 5,400,000, or AED 2,789 per sqft, in line with the AED 2,708 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Peninsula Five - Tower 2
4.5M5M5.5M20222023202420252026Typical sale price by year: 2022 AED 4,631,600; 2025 AED 5,375,000Sold by developer, August 2022: AED 4,965,700 (AED 2,567 per sqft)Sold, March 2025: AED 5,400,000 (AED 2,789 per sqft)

404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Peninsula Five - Tower 2
350K400K202520262027Typical rent by year: 2025 AED 360,000; 2026 AED 360,000

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 2, and where 404 sits

All 8 2-beds →

404 last sold in March 2025 at AED 2,789 per sqft, in line with what two-beds in Peninsula Five - Tower 2 were fetching at the time (AED 2,708). Over the last 12 months two-beds sold for AED 3,400,000 to 7,300,000, around AED 2,594 per sqft, and rent for AED 240,000 to 520,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20267,300,000
8 Jan 20263,400,000
22 Aug 20255,900,000
26 May 20254,350,000
2 2-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 4th floor

All 30 units in Peninsula Five - Tower 2
Value
4013-bedAED 6.95M · Jun 2025
4024-bedAED 9.7M · Sep 2022
4034-bedAED 6.14M · Nov 2022
4053-bedAED 3.54M · Jul 2022
4062-bedAED 5.35M · Jan 2025

404, Peninsula Five - Tower 2 in numbers

  • Sold twice: first on 23 August 2022 for AED 4,965,700, last on 17 March 2025 for AED 5,400,000 (AED 2,789 per sqft).
  • Two-beds in Peninsula Five - Tower 2 sold for AED 3,400,000–7,300,000 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 March 2025.

Questions about 404, Peninsula Five - Tower 2

What did unit 404 last sell for?

AED 5,400,000 on 17 March 2025: AED 2,789 per sqft for 1,936 sqft. The unit has 2 registered sales; the first was AED 4,965,700 in August 2022.

How big is unit 404?

1,936 sqft (179.9 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 2 sold for AED 3,400,000 to 7,300,000 in the last 12 months, around AED 2,594 per sqft.

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Mortgage on 404, Peninsula Five - Tower 2

Starts from the last sale price (AED 5.4M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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