2-bed · 1,305 sqftPeninsula Five - Tower 3, Business Bay · 15th floor · completed 2024

1510, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 30 June 2026
Last soldAED 2.88M14 September 2022
Current rentAED 220K /yr30 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Peninsula Five - Tower 3

What is 1510 worth today?

Last sold for AED 2,877,500 in 2022

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30 Jun 2026RentedNew contract
AED 220,000/yr12 months · AED 168 per sqft
30 Jun 2025RentedNew contract
AED 240,000/yr12 months · AED 184 per sqft
30 Jun 2025RentedNew contract
AED 240,000/yr12 months · AED 184 per sqft
14 Sep 2022Sold by developerOff-plan
AED 2,877,500AED 2,204 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
15th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.88M · September 2022

About 1510, Peninsula Five - Tower 3

1510 is a two-bedroom apartment of 1,305 sqft on the 15th 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 14 September 2022 for AED 2,877,500, or AED 2,204 per sqft, 13% above the AED 1,956 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 30 June 2026, is AED 220,000 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 1510 over time

Sales
Unit 1510, 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, September 2022: AED 2,877,500 (AED 2,204 per sqft)

1510 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1510, each contractTypical two-bed in Peninsula Five - Tower 3
200K225K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625New contract, June 2025: AED 240,000 a yearNew contract, June 2025: AED 240,000 a yearNew contract, June 2026: AED 220,000 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 1510 sits

All 46 2-beds →

1510 last sold in September 2022 at AED 2,204 per sqft, 13% above 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. 1510's AED 220,000 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 15th floor

All 321 units in Peninsula Five - Tower 3
Value
15011-bedAED 1.69M · Jul 2022
15022-bedAED 2.71M · Mar 2023
15031-bedAED 1.65M · Jul 2022
1504StudioAED 1.15M · Aug 2022
1505StudioAED 994K · Sep 2022
15061-bedAED 1.33M · Aug 2022
1507StudioAED 704K · Jul 2022
1–7 of 10

1510, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 14 September 2022 for AED 2,877,500, or AED 2,204 per sqft.
  • Rented since June 2025 on 3 Ejari contracts, from AED 240,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2022 price is 7.6%.
  • 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 30 June 2026.

Questions about 1510, Peninsula Five - Tower 3

What did unit 1510 last sell for?

AED 2,877,500 on 14 September 2022, sold by the developer: AED 2,204 per sqft for 1,305 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 220,000 a year on the contract signed on 30 June 2026. The previous contract, from June 2025, was AED 240,000; the unit has been rented since June 2025.

How big is unit 1510?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2024.

What is unit 1510 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 1510, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.88M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,877,500
Deposit, UAE resident (20%)
AED 575,500
Deposit, non-resident (40%)
AED 1,151,000
Monthly over 25 years at 3.7%
AED 11,773

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