Studio · 515 sqftPeninsula Five - Tower 3, Business Bay · 11th floor · completed 2024

1104, Peninsula Five - Tower 3

Sold prices and rental history: sold 3 times, last in January 2026, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 1.44M8 January 2026
Current rentAED 85K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Peninsula Five - Tower 3

What is 1104 worth today?

Last sold for AED 1,440,000 in 2026

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7 Mar 2026RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
8 Jan 2026SoldReady
AED 1,440,000AED 2,798 per sqft
10 Jan 2025SoldOff-plan
AED 1,175,000AED 2,272 per sqft
6 Jul 2022Sold by developerOff-plan
AED 1,000,755AED 1,935 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
11th of 36
Parking
B1-153
Developer
Select Global Development
Completed
2024
Last sold
AED 1.44M · January 2026

About 1104, Peninsula Five - Tower 3

1104 is a studio of 515 sqft on the 11th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 8 January 2026 for AED 1,440,000, or AED 2,798 per sqft, 5% above the AED 2,656 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 March 2026. The current contract, signed on 7 March 2026, is AED 85,000 a year: a gross yield of 5.9% on the 2026 price.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M202220242026Typical 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, July 2022: AED 1,000,755 (AED 1,935 per sqft)Sold, January 2025: AED 1,175,000 (AED 2,272 per sqft)Sold, January 2026: AED 1,440,000 (AED 2,798 per sqft)

1104 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1104, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, March 2026: AED 85,000 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 1104 sits

All 107 studios →

1104 last sold in January 2026 at AED 2,798 per sqft, 5% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,656). 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. 1104's AED 85,000 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 11th floor

All 321 units in Peninsula Five - Tower 3
Value
11011-bedAED 2.55M · Oct 2025
11022-bedAED 2.79M · Jul 2022
11031-bedAED 1.7M · Jul 2022
1105StudioAED 1.02M · Jul 2022
11061-bedAED 1.5M · Sep 2023
1107StudioAED 1.04M · Jul 2022
1108StudioAED 1.25M · Apr 2024
1–7 of 10

1104, Peninsula Five - Tower 3 in numbers

  • Sold 3 times: first on 6 July 2022 for AED 1,000,755, last on 8 January 2026 for AED 1,440,000 (AED 2,798 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2026 price is 5.9%.
  • 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 7 March 2026.

Questions about 1104, Peninsula Five - Tower 3

What did unit 1104 last sell for?

AED 1,440,000 on 8 January 2026: AED 2,798 per sqft for 515 sqft. The unit has 3 registered sales; the first was AED 1,000,755 in July 2022.

What is the rent for unit 1104?

AED 85,000 a year on the contract signed on 7 March 2026.

How big is unit 1104?

515 sqft (47.8 sqm): a studio on the 11th floor of a 36-storey tower completed in 2024.

What is unit 1104 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 1104, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.44M, 8 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,000
Deposit, UAE resident (20%)
AED 288,000
Deposit, non-resident (40%)
AED 576,000
Monthly over 25 years at 3.7%
AED 5,891

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