1304, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in March 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Peninsula Five - Tower 3
What is 1304 worth today?
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Source: Dubai Land Department. Updated 19 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 13th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1M · March 2023
- Building
- Peninsula Five - Tower 3
About 1304, Peninsula Five - Tower 3
1304 is a studio of 517 sqft on the 13th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 15 March 2023 for AED 1,000,000, or AED 1,934 per sqft, in line with the AED 1,922 studios in the building were fetching at the time.
One Ejari contract is registered, from 19 February 2026. The current contract, signed on 19 February 2026, is AED 95,000 a year: a gross yield of 9.5% on the 2023 price.
Sales and rents for 1304 over time
1304 has sold twice; the dashed line is the studio median of each year in the building.
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 1304 sits
All 107 studios →1304 last sold in March 2023 at AED 1,934 per sqft, in line with 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. 1304's AED 95,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
Peninsula Five - Tower 3
Building321 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%
Other units on the 13th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 820 sqft | AED 1.68MAED 1,679,000 · Sep 2022September 2022 | 140,000 /yr | |
| 1302 | 2-bed | 1,352 sqft | AED 2.69MAED 2,686,200 · Sep 2022September 2022 | ||
| 1303 | 1-bed | 875 sqft | AED 1.63MAED 1,632,900 · Jul 2022July 2022 | ||
| 1305 | Studio | 529 sqft | AED 983KAED 983,300 · Jul 2022July 2022 | 75,000 /yr | |
| 1306 | 1-bed | 702 sqft | AED 1.31MAED 1,313,500 · Jul 2022July 2022 | 120,000 /yr | |
| 1307 | Studio | 541 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 100,000 /yr | |
| 1308 | Studio | 517 sqft | AED 963KAED 962,800 · Jul 2022July 2022 | ||
| 1309 | 1-bed | 855 sqft | AED 1.85MAED 1,850,000 · Jul 2024July 2024 | 123,664 /yr | |
| 1310 | 2-bed | 1,305 sqft | AED 1.7MAED 1,696,520 · Jul 2022July 2022 | 170,000 /yr | |
| 1311 | 1-bed | 812 sqft | AED 1.06MAED 1,056,198 · Jul 2022July 2022 |
1304, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 6 July 2022 for AED 963,400, last on 15 March 2023 for AED 1,000,000 (AED 1,934 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2023 price is 9.5%.
- 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 19 February 2026.
Questions about 1304, Peninsula Five - Tower 3
What did unit 1304 last sell for?
AED 1,000,000 on 15 March 2023: AED 1,934 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 963,400 in July 2022.
What is the rent for unit 1304?
AED 95,000 a year on the contract signed on 19 February 2026.
How big is unit 1304?
517 sqft (48.0 sqm): a studio on the 13th floor of a 36-storey tower completed in 2024.
What is unit 1304 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 1304, Peninsula Five - Tower 3
Starts from the last sale price (AED 1M, 15 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →