3-bed · 1,685 sqftPeninsula Five - Tower 3, Business Bay · 23rd floor · completed 2024

2309, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in March 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2309 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 4.2M7 March 2025
Current rentAED 290K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2309, Peninsula Five - Tower 3

What is 2309 worth today?

Last sold for AED 4,200,000 in 2025

Unlock today's estimate, updated daily, with

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

1 Oct 2026RentedNew contract
AED 290,000/yr12 months · AED 172 per sqft
7 Mar 2025SoldReady
AED 4,200,000AED 2,492 per sqft
7 Sep 2022Sold by developerOff-plan
AED 2,188,524AED 1,299 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
3-bed apartment
Size
1,685 sqft
Floor
23rd of 36
Parking
B1-150,B1-150A
Developer
Select Global Development
Completed
2024
Last sold
AED 4.2M · March 2025

About 2309, Peninsula Five - Tower 3

2309 is a three-bedroom apartment of 1,685 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 7 March 2025 for AED 4,200,000, or AED 2,492 per sqft, 14% above the AED 2,184 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 290,000 a year: a gross yield of 6.9% on the 2025 price.

Sales and rents for 2309 over time

Sales
Unit 2309, each saleTypical three-bed in Peninsula Five - Tower 3
2M4M202220242026Typical sale price by year: 2022 AED 3,637,700; 2023 AED 3,819,350; 2024 AED 3,883,300; 2025 AED 4,450,000; 2026 AED 4,850,000Sold by developer, September 2022: AED 2,188,524 (AED 1,299 per sqft)Sold, March 2025: AED 4,200,000 (AED 2,492 per sqft)

2309 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2309, each contractTypical three-bed in Peninsula Five - Tower 3
260K280K202520262027Typical rent by year: 2025 AED 250,000; 2026 AED 260,000New contract, October 2026: AED 290,000 a year

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

3-beds in Peninsula Five - Tower 3, and where 2309 sits

All 30 3-beds →

2309 last sold in March 2025 at AED 2,492 per sqft, 14% above what three-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,184). Over the last 12 months three-beds sold for AED 4,700,000 to 5,250,000, around AED 2,806 per sqft, and rent for AED 80,000 to 290,000 a year. 2309's AED 290,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Oct 20264,700,000
1 May 20265,250,000
29 Apr 20264,850,000
14 Nov 20254,700,000
4 3-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

2309, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 7 September 2022 for AED 2,188,524, last on 7 March 2025 for AED 4,200,000 (AED 2,492 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2025 price is 6.9%.
  • Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000–5,250,000 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 October 2026.

Questions about 2309, Peninsula Five - Tower 3

What did unit 2309 last sell for?

AED 4,200,000 on 7 March 2025: AED 2,492 per sqft for 1,685 sqft. The unit has 2 registered sales; the first was AED 2,188,524 in September 2022.

What is the rent for unit 2309?

AED 290,000 a year on the contract signed on 1 October 2026.

How big is unit 2309?

1,685 sqft (156.5 sqm): a three-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2024.

What is unit 2309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000 to 5,250,000 in the last 12 months, around AED 2,806 per sqft.

Selling 2309? 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 2309, Peninsula Five - Tower 3

Starts from the last sale price (AED 4.2M, 7 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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