2303, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Peninsula Five - Tower 3
What is 2303 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 23rd of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.2M · December 2024
- Building
- Peninsula Five - Tower 3
About 2303, Peninsula Five - Tower 3
2303 is a studio of 518 sqft on the 23rd floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 6 December 2024 for AED 1,200,000, or AED 2,316 per sqft, in line with the AED 2,263 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 November 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2024 price.
Sales and rents for 2303 over time
2303 has sold twice; the dashed line is the studio median of each year in the building.
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 2303 sits
All 107 studios →2303 last sold in December 2024 at AED 2,316 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,263). 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. 2303's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
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 23rd floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,717 sqft | AED 3.6MAED 3,597,000 · Jan 2025January 2025 | 250,000 /yr | |
| 2302 | 1-bed | 876 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | ||
| 2304 | Studio | 530 sqft | AED 1.36MAED 1,360,000 · Oct 2026October 2026 | ||
| 2305 | 1-bed | 711 sqft | AED 2.18MAED 2,175,000 · Dec 2025December 2025 | 125,000 /yr | |
| 2306 | Studio | 543 sqft | AED 1.05MAED 1,048,900 · Aug 2022August 2022 | 48,503 /yr | |
| 2307 | Studio | 518 sqft | AED 1.01MAED 1,006,900 · Jul 2022July 2022 | 75,000 /yr | |
| 2308 | 1-bed | 876 sqft | AED 2.75MAED 2,754,000 · May 2025May 2025 | ||
| 2309 | 3-bed | 1,685 sqft | AED 4.2MAED 4,200,000 · Mar 2025March 2025 | 290,000 /yr | |
| 2310 | 1-bed | 895 sqft | AED 2.25MAED 2,250,000 · Oct 2025October 2025 |
2303, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 5 July 2022 for AED 1,006,900, last on 6 December 2024 for AED 1,200,000 (AED 2,316 per sqft).
- Rented since October 2025 on 3 Ejari contracts, from AED 85,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 6.7%.
- 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 1 November 2026.
Questions about 2303, Peninsula Five - Tower 3
What did unit 2303 last sell for?
AED 1,200,000 on 6 December 2024: AED 2,316 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 1,006,900 in July 2022.
What is the rent for unit 2303?
AED 80,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2026, was AED 75,000; the unit has been rented since October 2025.
How big is unit 2303?
518 sqft (48.1 sqm): a studio on the 23rd floor of a 36-storey tower completed in 2024.
What is unit 2303 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.
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Mortgage on 2303, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.2M, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →