2-bed · 1,270 sqftPeninsula Five - Tower 3, Business Bay · 2nd floor · completed 2024

203, 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 203 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 2.23M28 September 2022
Current rentAED 150K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Peninsula Five - Tower 3

What is 203 worth today?

Last sold for AED 2,234,700 in 2022

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4 Apr 2026RentedRenewal
AED 150,000/yr12 months · AED 118 per sqft
4 Apr 2025RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
4 Apr 2025RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
28 Sep 2022Sold by developerOff-plan
AED 2,234,700AED 1,759 per sqft

Source: Dubai Land Department. Updated 4 April 2026.

Key facts

Type
2-bed apartment
Size
1,270 sqft
Floor
2nd of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 2.23M · September 2022

About 203, Peninsula Five - Tower 3

203 is a two-bedroom apartment of 1,270 sqft on the 2nd 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 28 September 2022 for AED 2,234,700, or AED 1,759 per sqft, 10% below 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, renewed on 4 April 2026, is AED 150,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Peninsula Five - Tower 3
2M3M4M202220242026Typical 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 2,234,700 (AED 1,759 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Peninsula Five - Tower 3
150K175K200K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625New contract, April 2025: AED 150,000 a yearNew contract, April 2025: AED 150,000 a yearRenewal, April 2026: AED 150,000 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 203 sits

All 46 2-beds →

203 last sold in September 2022 at AED 1,759 per sqft, 10% below 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. 203's AED 150,000 is at the bottom 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 2nd floor

All 321 units in Peninsula Five - Tower 3
Value
2012-bedAED 2.44M · May 2026
2021-bedAED 2M · Aug 2025

203, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 28 September 2022 for AED 2,234,700, or AED 1,759 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 6.7%.
  • 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 4 April 2026.

Questions about 203, Peninsula Five - Tower 3

What did unit 203 last sell for?

AED 2,234,700 on 28 September 2022, sold by the developer: AED 1,759 per sqft for 1,270 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 150,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 150,000; the unit has been rented since April 2025.

How big is unit 203?

1,270 sqft (118.0 sqm): a two-bedroom apartment on the 2nd floor of a 36-storey tower completed in 2024.

What is unit 203 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 203, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.23M, 28 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,234,700
Deposit, UAE resident (20%)
AED 446,940
Deposit, non-resident (40%)
AED 893,880
Monthly over 25 years at 3.7%
AED 9,143

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