405, Peninsula Five - Tower 2
Sold prices and rental history: sold once, by the developer in July 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 405, Peninsula Five - Tower 2
What is 405 worth today?
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Source: Dubai Land Department. Updated 30 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,722 sqft
- Floor
- 4th of 4
- Parking
- 2
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 3.54M · July 2022
- Building
- Peninsula Five - Tower 2
About 405, Peninsula Five - Tower 2
405 is a three-bedroom apartment of 2,722 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 21 July 2022 for AED 3,539,127, or AED 1,299 per sqft, 30% below the AED 1,852 three-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 30 May 2026, is AED 475,073 a year: a gross yield of 13.4% on the 2022 price.
Sales and rents for 405 over time
405 has sold once; the dashed line is the three-bed median of each year in the building.
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 405 sits
All 17 3-beds →405 last sold in July 2022 at AED 1,299 per sqft, 30% below what three-beds in Peninsula Five - Tower 2 were fetching at the time (AED 1,852). 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. 405's AED 475,073 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 2,165 sqft | 7,300,000 | 3,372 | ||
| 19 Dec 202519 December 2025 | 1,807 sqft | 3,900,000 | 2,158 | ||
| 12 Nov 202512 November 2025 | 2,255 sqft | 7,925,000 | 3,514 | ||
| 8 Sep 20258 September 2025 | 2,075 sqft | 5,700,000 | 2,746 |
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 | ||
| 402 | 4-bed | 4,730 sqft | AED 9.7MAED 9,703,500 · Sep 2022September 2022 | 850,000 /yr | |
| 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 | ||
| 406 | 2-bed | 1,975 sqft | AED 5.35MAED 5,350,000 · Jan 2025January 2025 |
405, Peninsula Five - Tower 2 in numbers
- Sold once: by Select Global Development on 21 July 2022 for AED 3,539,127, or AED 1,299 per sqft.
- Rented since May 2025 on 3 Ejari contracts, from AED 450,000 to AED 475,073 a year.
- At AED 475,073 a year the gross yield on the 2022 price is 13.4%.
- 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 30 May 2026.
Questions about 405, Peninsula Five - Tower 2
What did unit 405 last sell for?
AED 3,539,127 on 21 July 2022, sold by the developer: AED 1,299 per sqft for 2,722 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 475,073 a year on the contract signed on 30 May 2026. The previous contract, from May 2025, was AED 450,000; the unit has been rented since May 2025.
How big is unit 405?
2,722 sqft (252.9 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.
What is unit 405 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 405, Peninsula Five - Tower 2
Starts from the last sale price (AED 3.54M, 21 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,539,127
- Deposit, UAE resident (20%)
- AED 707,825
- Deposit, non-resident (40%)
- AED 1,415,651
- Monthly over 25 years at 3.7%
- AED 14,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →