2-bed · 1,352 sqftPeninsula Five - Tower 3, Business Bay · 10th floor · completed 2024

1002, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 2.85M4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Peninsula Five - Tower 3

What is 1002 worth today?

Last sold for AED 2,850,000 in 2024

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4 Jun 2024SoldOff-plan
AED 2,850,000AED 2,107 per sqft
23 Jun 2022Sold by developerOff-plan
AED 2,645,700AED 1,956 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
2-bed apartment
Size
1,352 sqft
Floor
10th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.85M · June 2024

About 1002, Peninsula Five - Tower 3

1002 is a two-bedroom apartment of 1,352 sqft on the 10th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 4 June 2024 for AED 2,850,000, or AED 2,107 per sqft, in line with the AED 2,095 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Peninsula Five - Tower 3
3M4M202220242026Typical sale price by year: 2022 AED 2,668,700; 2023 AED 3,106,100; 2024 AED 2,875,000; 2025 AED 3,900,000; 2026 AED 3,550,000Sold by developer, June 2022: AED 2,645,700 (AED 1,956 per sqft)Sold, June 2024: AED 2,850,000 (AED 2,107 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Peninsula Five - Tower 3
195K200K205K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625

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 3, and where 1002 sits

All 46 2-beds →

1002 last sold in June 2024 at AED 2,107 per sqft, in line with what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,095). Over the last 12 months two-beds sold for AED 2,435,186 to 4,200,000, around AED 2,646 per sqft, and rent for AED 150,000 to 349,062 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20263,450,000
13 Oct 20263,275,000
15 Sep 20263,550,000
15 May 20262,435,186
11 2-bed sales in the last 12 months

Peninsula Five - Tower 3

Building

321 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2024 by Select Global Development. 46 sold in the last 12 months.

Typical price per sqft
AED 2,648 Up 3.4%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.0%
Peninsula Five - Tower 3, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 321 units in Peninsula Five - Tower 3
Value
10011-bedAED 1.89M · May 2024
10031-bedAED 1.8M · Jun 2024
1004StudioAED 1.15M · Apr 2023
1005StudioAED 967K · Aug 2022
10061-bedAED 1.29M · Jul 2022
1007StudioAED 986K · Jul 2022
1008StudioAED 1.22M · Jan 2025
1–7 of 10

1002, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 23 June 2022 for AED 2,645,700, last on 4 June 2024 for AED 2,850,000 (AED 2,107 per sqft).
  • Two-beds in Peninsula Five - Tower 3 sold for AED 2,435,186–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,648 per sqft.

Source: Dubai Land Department. Updated 4 June 2024.

Questions about 1002, Peninsula Five - Tower 3

What did unit 1002 last sell for?

AED 2,850,000 on 4 June 2024: AED 2,107 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,645,700 in June 2022.

How big is unit 1002?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the 10th floor of a 36-storey tower completed in 2024.

What is unit 1002 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 3 sold for AED 2,435,186 to 4,200,000 in the last 12 months, around AED 2,646 per sqft.

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Mortgage on 1002, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.85M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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