1-bed · 711 sqftPeninsula Five - Tower 3, Business Bay · 24th floor · completed 2024

2405, Peninsula Five - Tower 3

Sold prices and rental history: sold 4 times, last in November 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 1.5M20 November 2025
Current rentAED 150K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Peninsula Five - Tower 3

What is 2405 worth today?

Last sold for AED 1,500,000 in 2025

Unlock today's estimate, updated daily, with

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

16 Aug 2026RentedRenewal
AED 150,000/yr6 months · AED 211 per sqft
16 Dec 2025RentedNew contract
AED 180,000/yr8 months · AED 253 per sqft
20 Nov 2025SoldReady
AED 1,500,000AED 2,108 per sqft
1 Jul 2025RentedNew contract
AED 130,000/yr12 months · AED 183 per sqft
20 Feb 2025SoldReady
AED 2,050,000AED 2,881 per sqft
21 Dec 2023SoldOff-plan
AED 1,580,000AED 2,209 per sqft
7 Jul 2022Sold by developerOff-plan
AED 1,404,000AED 1,963 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
1-bed apartment
Size
711 sqft
Floor
24th of 36
Parking
B1-067
Developer
Select Global Development
Completed
2024
Last sold
AED 1.5M · November 2025

About 2405, Peninsula Five - Tower 3

2405 is a one-bedroom apartment of 711 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 20 November 2025 for AED 1,500,000, or AED 2,108 per sqft, 20% below the AED 2,634 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 16 August 2026, is AED 150,000 a year: a gross yield of 10.0% on the 2025 price.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical one-bed in Peninsula Five - Tower 3
1.5M2M202220242026Typical 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 1,404,000 (AED 1,963 per sqft)Sold, December 2023: AED 1,580,000 (AED 2,209 per sqft)Sold, February 2025: AED 2,050,000 (AED 2,881 per sqft)Sold, November 2025: AED 1,500,000 (AED 2,108 per sqft)

2405 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2405, each contractTypical one-bed in Peninsula Five - Tower 3
125K150K175K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000New contract, July 2025: AED 130,000 a yearNew contract, December 2025: AED 180,000 a yearRenewal, August 2026: AED 150,000 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 2405 sits

All 138 1-beds →

2405 last sold in November 2025 at AED 2,108 per sqft, 20% below what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,634). 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. 2405's AED 150,000 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
24021-bedAED 2.5M · Apr 2025
2403StudioAED 1.23M · Sep 2024
2404StudioAED 1.03M · Jul 2022
2406StudioAED 1.05M · Jul 2022
2407StudioAED 1.5M · Dec 2025
24081-bedAED 1.78M · Sep 2022
1–7 of 9

2405, Peninsula Five - Tower 3 in numbers

  • Sold 4 times: first on 7 July 2022 for AED 1,404,000, last on 20 November 2025 for AED 1,500,000 (AED 2,108 per sqft).
  • Rented since July 2025 on 3 Ejari contracts, from AED 130,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 10.0%.
  • 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 16 August 2026.

Questions about 2405, Peninsula Five - Tower 3

What did unit 2405 last sell for?

AED 1,500,000 on 20 November 2025: AED 2,108 per sqft for 711 sqft. The unit has 4 registered sales; the first was AED 1,404,000 in July 2022.

What is the rent for unit 2405?

AED 150,000 a year on the contract renewed on 16 August 2026. The previous contract, from December 2025, was AED 180,000; the unit has been rented since July 2025.

How big is unit 2405?

711 sqft (66.1 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2024.

What is unit 2405 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.

Selling 2405? 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 2405, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.5M, 20 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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