2-bed · 1,353 sqftPeninsula Five - Tower 3, Business Bay · 14th floor · completed 2024

1402, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 3.65M3 February 2026
Current rentAED 170K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Peninsula Five - Tower 3

What is 1402 worth today?

Last sold for AED 3,650,000 in 2026

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1 Jun 2026RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft
5 Feb 2026RentedNew contract
AED 190,935/yr3 months · AED 141 per sqft
3 Feb 2026SoldReady
AED 3,650,000AED 2,697 per sqft
10 May 2025RentedNew contract
AED 195,000/yr12 months · AED 145 per sqft
10 May 2025RentedNew contract
AED 195,000/yr12 months · AED 145 per sqft
27 Jun 2022Sold by developerOff-plan
AED 2,699,700AED 1,996 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
14th of 36
Parking
GF-039
Developer
Select Global Development
Completed
2024
Last sold
AED 3.65M · February 2026

About 1402, Peninsula Five - Tower 3

1402 is a two-bedroom apartment of 1,353 sqft on the 14th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 3 February 2026 for AED 3,650,000, or AED 2,697 per sqft, in line with the AED 2,729 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 1 June 2026, is AED 170,000 a year: a gross yield of 4.7% on the 2026 price.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2,699,700 (AED 1,996 per sqft)Sold, February 2026: AED 3,650,000 (AED 2,697 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, each contractTypical two-bed in Peninsula Five - Tower 3
180K200K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625New contract, May 2025: AED 195,000 a yearNew contract, May 2025: AED 195,000 a yearNew contract, February 2026: AED 190,935 a yearNew contract, June 2026: AED 170,000 a year

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 1402 sits

All 46 2-beds →

1402 last sold in February 2026 at AED 2,697 per sqft, in line with what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,729). 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. 1402's AED 170,000 is in the lower half of that range.

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 14th floor

All 321 units in Peninsula Five - Tower 3
Value
14011-bedAED 1.69M · Oct 2022
14031-bedAED 1.64M · Aug 2022
1404StudioAED 969K · Jul 2022
1405StudioAED 989K · Aug 2022
14061-bedAED 1.32M · Jul 2022
1407StudioAED 1.17M · Feb 2024
1408StudioAED 968K · Sep 2022
1–7 of 10

1402, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 2,699,700, last on 3 February 2026 for AED 3,650,000 (AED 2,697 per sqft).
  • Rented since May 2025 on 4 Ejari contracts, from AED 195,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2026 price is 4.7%.
  • 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 1 June 2026.

Questions about 1402, Peninsula Five - Tower 3

What did unit 1402 last sell for?

AED 3,650,000 on 3 February 2026: AED 2,697 per sqft for 1,353 sqft. The unit has 2 registered sales; the first was AED 2,699,700 in June 2022.

What is the rent for unit 1402?

AED 170,000 a year on the contract signed on 1 June 2026. The previous contract, from February 2026, was AED 190,935; the unit has been rented since May 2025.

How big is unit 1402?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 14th floor of a 36-storey tower completed in 2024.

What is unit 1402 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 1402, Peninsula Five - Tower 3

Starts from the last sale price (AED 3.65M, 3 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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