1308, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Peninsula Five - Tower 3
What is 1308 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 13th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 963K · July 2022
- Building
- Peninsula Five - Tower 3
About 1308, Peninsula Five - Tower 3
1308 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. The developer sold it on 6 July 2022 for AED 962,800, or AED 1,862 per sqft, 3% below the AED 1,922 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1308 over time
1308 has sold once; 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 1308 sits
All 107 studios →1308 last sold in July 2022 at AED 1,862 per sqft, 3% below 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.
| 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 | ||
| 1304 | Studio | 517 sqft | AED 1MAED 1,000,000 · Mar 2023March 2023 | 95,000 /yr | |
| 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 | |
| 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 |
1308, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 6 July 2022 for AED 962,800, or AED 1,862 per sqft.
- 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 6 July 2022.
Questions about 1308, Peninsula Five - Tower 3
What did unit 1308 last sell for?
AED 962,800 on 6 July 2022, sold by the developer: AED 1,862 per sqft for 517 sqft. It is the only registered sale of the unit.
How big is unit 1308?
517 sqft (48.0 sqm): a studio on the 13th floor of a 36-storey tower completed in 2024.
What is unit 1308 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 1308, Peninsula Five - Tower 3
Starts from the last sale price (AED 963K, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 962,800
- Deposit, UAE resident (20%)
- AED 192,560
- Deposit, non-resident (40%)
- AED 385,120
- Monthly over 25 years at 3.7%
- AED 3,939
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →