3-bed · 1,722 sqftPeninsula Five - Tower 3, Business Bay · 24th floor · completed 2024

2401, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 3.61M6 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Peninsula Five - Tower 3

What is 2401 worth today?

Last sold for AED 3,614,200 in 2022

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6 Jul 2022Sold by developerOff-plan
AED 3,614,200AED 2,099 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
3-bed apartment
Size
1,722 sqft
Floor
24th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 3.61M · July 2022

About 2401, Peninsula Five - Tower 3

2401 is a three-bedroom apartment of 1,722 sqft on the 24th 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 6 July 2022 for AED 3,614,200, or AED 2,099 per sqft, in line with the AED 2,117 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical three-bed in Peninsula Five - Tower 3
4M5M202220242026Typical 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, July 2022: AED 3,614,200 (AED 2,099 per sqft)

2401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, each contractTypical three-bed in Peninsula Five - Tower 3
250K255K260K202520262027Typical rent by year: 2025 AED 250,000; 2026 AED 260,000

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 2401 sits

All 30 3-beds →

2401 last sold in July 2022 at AED 2,099 per sqft, in line with what three-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,117). 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.

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 24th floor

All 321 units in Peninsula Five - Tower 3
Value
24021-bedAED 2.5M · Apr 2025
2403StudioAED 1.23M · Sep 2024
2404StudioAED 1.03M · Jul 2022
24051-bedAED 1.5M · Nov 2025
2406StudioAED 1.05M · Jul 2022
2407StudioAED 1.5M · Dec 2025
24081-bedAED 1.78M · Sep 2022
1–7 of 9

2401, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 6 July 2022 for AED 3,614,200, or AED 2,099 per sqft.
  • 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 6 July 2022.

Questions about 2401, Peninsula Five - Tower 3

What did unit 2401 last sell for?

AED 3,614,200 on 6 July 2022, sold by the developer: AED 2,099 per sqft for 1,722 sqft. It is the only registered sale of the unit.

How big is unit 2401?

1,722 sqft (160.0 sqm): a three-bedroom apartment on the 24th floor of a 36-storey tower completed in 2024.

What is unit 2401 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.

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Mortgage on 2401, Peninsula Five - Tower 3

Starts from the last sale price (AED 3.61M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,614,200
Deposit, UAE resident (20%)
AED 722,840
Deposit, non-resident (40%)
AED 1,445,680
Monthly over 25 years at 3.7%
AED 14,787

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