Studio · 517 sqftPeninsula Five - Tower 3, Business Bay · 10th floor · completed 2024

1004, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in April 2023, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 1.15M25 April 2023
Current rentAED 90K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Peninsula Five - Tower 3

What is 1004 worth today?

Last sold for AED 1,150,000 in 2023

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15 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 174 per sqft
25 Apr 2023SoldOff-plan
AED 1,150,000AED 2,224 per sqft
14 Sep 2022Sold by developerOff-plan
AED 947,900AED 1,833 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
10th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.15M · April 2023

About 1004, Peninsula Five - Tower 3

1004 is a studio of 517 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 25 April 2023 for AED 1,150,000, or AED 2,224 per sqft, 16% above the AED 1,922 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2025. The current contract, signed on 15 December 2025, is AED 90,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, September 2022: AED 947,900 (AED 1,833 per sqft)Sold, April 2023: AED 1,150,000 (AED 2,224 per sqft)

1004 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1004, each contractTypical studio in Peninsula Five - Tower 3
80K85K90K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, December 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula Five - Tower 3, and where 1004 sits

All 107 studios →

1004 last sold in April 2023 at AED 2,224 per sqft, 16% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). Over the last 12 months studios sold for AED 1,360,000 to 1,525,000, around AED 2,763 per sqft, and rent for AED 48,503 to 105,000 a year. 1004's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio 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
10022-bedAED 2.85M · Jun 2024
10031-bedAED 1.8M · Jun 2024
1005StudioAED 967K · Aug 2022
10061-bedAED 1.29M · Jul 2022
1007StudioAED 986K · Jul 2022
1008StudioAED 1.22M · Jan 2025
1–7 of 10

1004, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 14 September 2022 for AED 947,900, last on 25 April 2023 for AED 1,150,000 (AED 2,224 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.8%.
  • Studios in Peninsula Five - Tower 3 sold for AED 1,360,000–1,525,000 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 15 December 2025.

Questions about 1004, Peninsula Five - Tower 3

What did unit 1004 last sell for?

AED 1,150,000 on 25 April 2023: AED 2,224 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 947,900 in September 2022.

What is the rent for unit 1004?

AED 90,000 a year on the contract signed on 15 December 2025.

How big is unit 1004?

517 sqft (48.0 sqm): a studio on the 10th floor of a 36-storey tower completed in 2024.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,360,000 to 1,525,000 in the last 12 months, around AED 2,763 per sqft.

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Mortgage on 1004, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.15M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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