2306, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2306, Peninsula Five - Tower 3
What is 2306 worth today?
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Source: Dubai Land Department. Updated 14 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 543 sqft
- Floor
- 23rd of 36
- Parking
- B1-076
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.05M · August 2022
- Building
- Peninsula Five - Tower 3
About 2306, Peninsula Five - Tower 3
2306 is a studio of 543 sqft on the 23rd 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 2 August 2022 for AED 1,048,900, or AED 1,931 per sqft, in line with the AED 1,922 studios in the building were fetching at the time.
One Ejari contract is registered, from 14 April 2026. The current contract, renewed on 14 April 2026, is AED 48,503 a year: a gross yield of 4.6% on the 2022 price.
Sales and rents for 2306 over time
2306 has sold once; 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 2306 sits
All 107 studios →2306 last sold in August 2022 at AED 1,931 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). 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. 2306's AED 48,503 is at the bottom 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 | ||
| 2303 | Studio | 518 sqft | AED 1.2MAED 1,200,000 · Dec 2024December 2024 | 80,000 /yr | |
| 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 | |
| 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 |
2306, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 2 August 2022 for AED 1,048,900, or AED 1,931 per sqft.
- Rented since April 2026 on one Ejari contract, at AED 48,503 a year.
- At AED 48,503 a year the gross yield on the 2022 price is 4.6%.
- 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 14 April 2026.
Questions about 2306, Peninsula Five - Tower 3
What did unit 2306 last sell for?
AED 1,048,900 on 2 August 2022, sold by the developer: AED 1,931 per sqft for 543 sqft. It is the only registered sale of the unit.
What is the rent for unit 2306?
AED 48,503 a year on the contract renewed on 14 April 2026.
How big is unit 2306?
543 sqft (50.4 sqm): a studio on the 23rd floor of a 36-storey tower completed in 2024.
What is unit 2306 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 2306, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.05M, 2 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,048,900
- Deposit, UAE resident (20%)
- AED 209,780
- Deposit, non-resident (40%)
- AED 419,560
- Monthly over 25 years at 3.7%
- AED 4,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →