1-bed · 876 sqftPeninsula Five - Tower 3, Business Bay · 24th floor · completed 2024

2402, Peninsula Five - Tower 3

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 2.5M25 April 2025
Current rentAED 170K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Peninsula Five - Tower 3

What is 2402 worth today?

Last sold for AED 2,500,000 in 2025

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25 Aug 2025RentedNew contract
AED 170,000/yr12 months · AED 194 per sqft
25 Apr 2025SoldReady
AED 2,500,000AED 2,854 per sqft
14 May 2024SoldOff-plan
AED 1,850,000AED 2,108 per sqft
13 Jul 2022Sold by developerOff-plan
AED 1,718,200AED 1,957 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
24th of 36
Parking
B1-064
Developer
Select Global Development
Completed
2024
Last sold
AED 2.5M · April 2025

About 2402, Peninsula Five - Tower 3

2402 is a one-bedroom apartment of 876 sqft on the 24th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 25 April 2025 for AED 2,500,000, or AED 2,854 per sqft, 20% above the AED 2,379 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 August 2025. The current contract, signed on 25 August 2025, is AED 170,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical one-bed in Peninsula Five - Tower 3
2M2.5M202220242026Typical 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, July 2022: AED 1,718,200 (AED 1,957 per sqft)Sold, May 2024: AED 1,850,000 (AED 2,108 per sqft)Sold, April 2025: AED 2,500,000 (AED 2,854 per sqft)

2402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2402, each contractTypical one-bed in Peninsula Five - Tower 3
140K160K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000New contract, August 2025: AED 170,000 a year

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 2402 sits

All 138 1-beds →

2402 last sold in April 2025 at AED 2,854 per sqft, 20% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,379). 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. 2402's AED 170,000 is in the upper half of that range.

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 24th floor

All 321 units in Peninsula Five - Tower 3
Value
24013-bedAED 3.61M · Jul 2022
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

2402, Peninsula Five - Tower 3 in numbers

  • Sold 3 times: first on 13 July 2022 for AED 1,718,200, last on 25 April 2025 for AED 2,500,000 (AED 2,854 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2025 price is 6.8%.
  • 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 25 August 2025.

Questions about 2402, Peninsula Five - Tower 3

What did unit 2402 last sell for?

AED 2,500,000 on 25 April 2025: AED 2,854 per sqft for 876 sqft. The unit has 3 registered sales; the first was AED 1,718,200 in July 2022.

What is the rent for unit 2402?

AED 170,000 a year on the contract signed on 25 August 2025.

How big is unit 2402?

876 sqft (81.4 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2024.

What is unit 2402 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 2402, Peninsula Five - Tower 3

Starts from the last sale price (AED 2.5M, 25 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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