1-bed · 876 sqftPeninsula Five - Tower 3, Business Bay · 23rd floor · completed 2024

2308, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 2.75M1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Peninsula Five - Tower 3

What is 2308 worth today?

Last sold for AED 2,754,000 in 2025

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1 May 2025SoldReady
AED 2,754,000AED 3,143 per sqft
31 Jan 2023Sold by developerOff-plan
AED 1,772,000AED 2,018 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
23rd of 36
Parking
B1-078
Developer
Select Global Development
Completed
2024
Last sold
AED 2.75M · May 2025

About 2308, Peninsula Five - Tower 3

2308 is a one-bedroom apartment of 876 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 1 May 2025 for AED 2,754,000, or AED 3,143 per sqft, 31% above the AED 2,391 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2308 over time

Sales
Unit 2308, each saleTypical one-bed in Peninsula Five - Tower 3
1.5M2M2.5M202220242026Typical sale price by year: 2022 AED 1,670,300; 2023 AED 1,760,793; 2024 AED 1,790,000; 2025 AED 2,200,000; 2026 AED 2,150,000Sold by developer, January 2023: AED 1,772,000 (AED 2,018 per sqft)Sold, May 2025: AED 2,754,000 (AED 3,143 per sqft)

2308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2308, each contractTypical one-bed in Peninsula Five - Tower 3
120K140K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Five - Tower 3, and where 2308 sits

All 138 1-beds →

2308 last sold in May 2025 at AED 3,143 per sqft, 31% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,391). Over the last 12 months one-beds sold for AED 1,240,000 to 2,496,071, around AED 2,598 per sqft, and rent for AED 95,000 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20262,250,000
12 Oct 20262,050,000
25 Sep 20262,150,000
27 Aug 20262,325,000
24 1-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 23rd floor

All 321 units in Peninsula Five - Tower 3
Value
23013-bedAED 3.6M · Jan 2025
23021-bedAED 2.35M · Apr 2025
2303StudioAED 1.2M · Dec 2024
2304StudioAED 1.36M · Oct 2026
23051-bedAED 2.18M · Dec 2025
2306StudioAED 1.05M · Aug 2022
2307StudioAED 1.01M · Jul 2022
1–7 of 9

2308, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 31 January 2023 for AED 1,772,000, last on 1 May 2025 for AED 2,754,000 (AED 3,143 per sqft).
  • One-beds in Peninsula Five - Tower 3 sold for AED 1,240,000–2,496,071 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 May 2025.

Questions about 2308, Peninsula Five - Tower 3

What did unit 2308 last sell for?

AED 2,754,000 on 1 May 2025: AED 3,143 per sqft for 876 sqft. The unit has 2 registered sales; the first was AED 1,772,000 in January 2023.

How big is unit 2308?

876 sqft (81.4 sqm): a one-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2024.

What is unit 2308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Five - Tower 3 sold for AED 1,240,000 to 2,496,071 in the last 12 months, around AED 2,598 per sqft.

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Mortgage on 2308, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.75M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,754,000
Deposit, UAE resident (20%)
AED 550,800
Deposit, non-resident (40%)
AED 1,101,600
Monthly over 25 years at 3.7%
AED 11,267

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