
1502, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in March 2023, 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 1502, Peninsula Five - Tower 3
What is 1502 worth today?
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Source: Dubai Land Department. Updated 16 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,352 sqft
- Floor
- 15th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.71M · March 2023
- Building
- Peninsula Five - Tower 3
About 1502, Peninsula Five - Tower 3
1502 is a two-bedroom apartment of 1,352 sqft on the 15th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 16 March 2023 for AED 2,713,300, or AED 2,006 per sqft, in line with the AED 1,956 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1502 over time
1502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1502 sits
All 46 2-beds →1502 last sold in March 2023 at AED 2,006 per sqft, in line with what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,956). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,329 sqft | 3,450,000 | 2,595 | ||
| 13 Oct 202613 October 2026 | 1,353 sqft | 3,275,000 | 2,420 | ||
| 15 Sep 202615 September 2026 | 1,376 sqft | 3,550,000 | 2,580 | ||
| 15 May 202615 May 2026 | 1,158 sqft | 2,435,186 | 2,103 |
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 15th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 820 sqft | AED 1.69MAED 1,687,262 · Jul 2022July 2022 | 125,000 /yr | |
| 1503 | 1-bed | 875 sqft | AED 1.65MAED 1,650,400 · Jul 2022July 2022 | 132,425 /yr | |
| 1504 | Studio | 517 sqft | AED 1.15MAED 1,150,000 · Aug 2022August 2022 | ||
| 1505 | Studio | 531 sqft | AED 994KAED 993,900 · Sep 2022September 2022 | 85,000 /yr | |
| 1506 | 1-bed | 702 sqft | AED 1.33MAED 1,327,600 · Aug 2022August 2022 | ||
| 1507 | Studio | 541 sqft | AED 704KAED 703,573 · Jul 2022July 2022 | 75,000 /yr | |
| 1508 | Studio | 517 sqft | AED 973KAED 973,100 · Jul 2022July 2022 | ||
| 1509 | 1-bed | 855 sqft | AED 1.67MAED 1,670,300 · Sep 2022September 2022 | 140,000 /yr | |
| 1510 | 2-bed | 1,305 sqft | AED 2.88MAED 2,877,500 · Sep 2022September 2022 | 220,000 /yr | |
| 1511 | 1-bed | 812 sqft | AED 1.68MAED 1,679,800 · Jan 2023January 2023 |
1502, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 27 June 2022 for AED 2,713,300, last on 16 March 2023 for AED 2,713,300 (AED 2,006 per sqft).
- 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 16 March 2023.
Questions about 1502, Peninsula Five - Tower 3
What did unit 1502 last sell for?
AED 2,713,300 on 16 March 2023: AED 2,006 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,713,300 in June 2022.
How big is unit 1502?
1,352 sqft (125.6 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2024.
What is unit 1502 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 1502, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.71M, 16 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,713,300
- Deposit, UAE resident (20%)
- AED 542,660
- Deposit, non-resident (40%)
- AED 1,085,320
- Monthly over 25 years at 3.7%
- AED 11,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →