Studio · 518 sqftPeninsula Five - Tower 3, Business Bay · 22nd floor · completed 2024

2203, Peninsula Five - Tower 3

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

Unit 2203 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 1M12 July 2022
Current rentAED 77K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Peninsula Five - Tower 3

What is 2203 worth today?

Last sold for AED 1,001,800 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 May 2026RentedRenewal
AED 77,000/yr12 months · AED 149 per sqft
30 May 2025RentedNew contract
AED 77,000/yr12 months · AED 149 per sqft
12 Jul 2022Sold by developerOff-plan
AED 1,001,800AED 1,933 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
22nd of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1M · July 2022

About 2203, Peninsula Five - Tower 3

2203 is a studio of 518 sqft on the 22nd 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 12 July 2022 for AED 1,001,800, or AED 1,933 per sqft, in line with the AED 1,921 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 30 May 2026, is AED 77,000 a year: a gross yield of 7.7% on the 2022 price.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, July 2022: AED 1,001,800 (AED 1,933 per sqft)

2203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2203, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, May 2025: AED 77,000 a yearRenewal, May 2026: AED 77,000 a year

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 2203 sits

All 107 studios →

2203 last sold in July 2022 at AED 1,933 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,921). 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. 2203's AED 77,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio 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 22nd floor

All 321 units in Peninsula Five - Tower 3
Value
22013-bedAED 3.64M · Jun 2022
22021-bedAED 2.3M · Dec 2025
2204StudioAED 1.02M · Jul 2022
22051-bedAED 1.9M · Jul 2024
2206StudioAED 1.43M · Jul 2026
2207StudioAED 1.1M · Dec 2023
22081-bedAED 1.76M · Jul 2022
1–7 of 9

2203, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 12 July 2022 for AED 1,001,800, or AED 1,933 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2022 price is 7.7%.
  • 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 30 May 2026.

Questions about 2203, Peninsula Five - Tower 3

What did unit 2203 last sell for?

AED 1,001,800 on 12 July 2022, sold by the developer: AED 1,933 per sqft for 518 sqft. It is the only registered sale of the unit.

What is the rent for unit 2203?

AED 77,000 a year on the contract renewed on 30 May 2026. The previous contract, from May 2025, was AED 77,000.

How big is unit 2203?

518 sqft (48.1 sqm): a studio on the 22nd floor of a 36-storey tower completed in 2024.

What is unit 2203 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.

Selling 2203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2203, Peninsula Five - Tower 3

Starts from the last sale price (AED 1M, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,800
Deposit, UAE resident (20%)
AED 200,360
Deposit, non-resident (40%)
AED 400,720
Monthly over 25 years at 3.7%
AED 4,099

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