2404, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, Peninsula Five - Tower 3
What is 2404 worth today?
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Source: Dubai Land Department. Updated 16 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 533 sqft
- Floor
- 24th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.03M · July 2022
- Building
- Peninsula Five - Tower 3
About 2404, Peninsula Five - Tower 3
2404 is a studio of 533 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 7 July 2022 for AED 1,034,500, or AED 1,939 per sqft, in line with the AED 1,922 studios in the building were fetching at the time.
One Ejari contract is registered, from 16 August 2026. The current contract, signed on 16 August 2026, is AED 75,000 a year: a gross yield of 7.2% on the 2022 price.
Sales and rents for 2404 over time
2404 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 2404 sits
All 107 studios →2404 last sold in July 2022 at AED 1,939 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. 2404's AED 75,000 is in the lower half 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 24th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,722 sqft | AED 3.61MAED 3,614,200 · Jul 2022July 2022 | ||
| 2402 | 1-bed | 876 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | 170,000 /yr | |
| 2403 | Studio | 518 sqft | AED 1.23MAED 1,230,000 · Sep 2024September 2024 | 71,000 /yr | |
| 2405 | 1-bed | 711 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 150,000 /yr | |
| 2406 | Studio | 543 sqft | AED 1.05MAED 1,054,300 · Jul 2022July 2022 | 84,000 /yr | |
| 2407 | Studio | 517 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 | 80,000 /yr | |
| 2408 | 1-bed | 878 sqft | AED 1.78MAED 1,780,700 · Sep 2022September 2022 | ||
| 2409 | 3-bed | 1,683 sqft | AED 3.53MAED 3,531,200 · Jul 2022July 2022 | ||
| 2410 | 1-bed | 895 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 |
2404, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 7 July 2022 for AED 1,034,500, or AED 1,939 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 7.2%.
- 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 16 August 2026.
Questions about 2404, Peninsula Five - Tower 3
What did unit 2404 last sell for?
AED 1,034,500 on 7 July 2022, sold by the developer: AED 1,939 per sqft for 533 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 75,000 a year on the contract signed on 16 August 2026.
How big is unit 2404?
533 sqft (49.5 sqm): a studio on the 24th floor of a 36-storey tower completed in 2024.
What is unit 2404 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 2404, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.03M, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,034,500
- Deposit, UAE resident (20%)
- AED 206,900
- Deposit, non-resident (40%)
- AED 413,800
- Monthly over 25 years at 3.7%
- AED 4,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →