1404, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Peninsula Five - Tower 3
What is 1404 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 14th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 969K · July 2022
- Building
- Peninsula Five - Tower 3
About 1404, Peninsula Five - Tower 3
1404 is a studio of 517 sqft on the 14th 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 7 July 2022 for AED 968,600, or AED 1,873 per sqft, in line with the AED 1,922 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 October 2026. The current contract, signed on 3 October 2026, is AED 95,000 a year: a gross yield of 9.8% on the 2022 price.
Sales and rents for 1404 over time
1404 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 1404 sits
All 107 studios →1404 last sold in July 2022 at AED 1,873 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. 1404'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 14th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 820 sqft | AED 1.69MAED 1,687,200 · Oct 2022October 2022 | 120,000 /yr | |
| 1402 | 2-bed | 1,353 sqft | AED 3.65MAED 3,650,000 · Feb 2026February 2026 | 170,000 /yr | |
| 1403 | 1-bed | 875 sqft | AED 1.64MAED 1,641,700 · Aug 2022August 2022 | ||
| 1405 | Studio | 531 sqft | AED 989KAED 988,600 · Aug 2022August 2022 | ||
| 1406 | 1-bed | 702 sqft | AED 1.32MAED 1,320,500 · Jul 2022July 2022 | ||
| 1407 | Studio | 541 sqft | AED 1.17MAED 1,170,000 · Feb 2024February 2024 | 70,000 /yr | |
| 1408 | Studio | 517 sqft | AED 968KAED 968,000 · Sep 2022September 2022 | ||
| 1409 | 1-bed | 855 sqft | AED 1.66MAED 1,661,800 · Sep 2022September 2022 | ||
| 1410 | 2-bed | 1,305 sqft | AED 2.6MAED 2,602,700 · Sep 2022September 2022 | 195,000 /yr | |
| 1411 | 1-bed | 812 sqft | AED 1.67MAED 1,671,700 · Nov 2022November 2022 | 140,000 /yr |
1404, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 7 July 2022 for AED 968,600, or AED 1,873 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 9.8%.
- 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 3 October 2026.
Questions about 1404, Peninsula Five - Tower 3
What did unit 1404 last sell for?
AED 968,600 on 7 July 2022, sold by the developer: AED 1,873 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 95,000 a year on the contract signed on 3 October 2026.
How big is unit 1404?
517 sqft (48.0 sqm): a studio on the 14th floor of a 36-storey tower completed in 2024.
What is unit 1404 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 1404, Peninsula Five - Tower 3
Starts from the last sale price (AED 969K, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 968,600
- Deposit, UAE resident (20%)
- AED 193,720
- Deposit, non-resident (40%)
- AED 387,440
- Monthly over 25 years at 3.7%
- AED 3,963
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →