2-bed · 1,353 sqftPeninsula Five - Tower 3, Business Bay · 19th floor · completed 2024

1902, Peninsula Five - Tower 3

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

Unit 1902 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 4.2M23 December 2025
Current rentAED 190K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Peninsula Five - Tower 3

What is 1902 worth today?

Last sold for AED 4,200,000 in 2025

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15 Oct 2026RentedNew contract
AED 190,000/yr12 months · AED 140 per sqft
10 Jul 2026RentedNew contract
AED 180,000/yr12 months · AED 133 per sqft
23 Dec 2025SoldReady
AED 4,200,000AED 3,104 per sqft
27 Jun 2022Sold by developerOff-plan
AED 2,767,400AED 2,046 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
19th of 36
Parking
F1-002
Developer
Select Global Development
Completed
2024
Last sold
AED 4.2M · December 2025

About 1902, Peninsula Five - Tower 3

1902 is a two-bedroom apartment of 1,353 sqft on the 19th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 23 December 2025 for AED 4,200,000, or AED 3,104 per sqft, 22% above the AED 2,538 two-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 190,000 a year: a gross yield of 4.5% on the 2025 price.

Sales and rents for 1902 over time

Sales
Unit 1902, 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 2,767,400 (AED 2,046 per sqft)Sold, December 2025: AED 4,200,000 (AED 3,104 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Peninsula Five - Tower 3
180K200K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625New contract, July 2026: AED 180,000 a yearNew contract, October 2026: AED 190,000 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 1902 sits

All 46 2-beds →

1902 last sold in December 2025 at AED 3,104 per sqft, 22% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,538). 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. 1902's AED 190,000 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 19th floor

All 321 units in Peninsula Five - Tower 3
Value
19011-bedAED 1.85M · Dec 2023
19031-bedAED 2.3M · Jul 2026
1904StudioAED 994K · Jun 2022
1905StudioAED 1.02M · Jul 2022
19061-bedAED 1.85M · Jun 2026
1907StudioAED 1.07M · Jan 2023
1908StudioAED 994K · Jun 2022
1–7 of 10

1902, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 2,767,400, last on 23 December 2025 for AED 4,200,000 (AED 3,104 per sqft).
  • Rented since July 2026 on 2 Ejari contracts, from AED 180,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2025 price is 4.5%.
  • 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 15 October 2026.

Questions about 1902, Peninsula Five - Tower 3

What did unit 1902 last sell for?

AED 4,200,000 on 23 December 2025: AED 3,104 per sqft for 1,353 sqft. The unit has 2 registered sales; the first was AED 2,767,400 in June 2022.

What is the rent for unit 1902?

AED 190,000 a year on the contract signed on 15 October 2026. The previous contract, from July 2026, was AED 180,000.

How big is unit 1902?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 19th floor of a 36-storey tower completed in 2024.

What is unit 1902 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 1902, Peninsula Five - Tower 3

Starts from the last sale price (AED 4.2M, 23 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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