2408, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Peninsula Five - Tower 3
What is 2408 worth today?
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Source: Dubai Land Department. Updated 13 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 24th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.78M · September 2022
- Building
- Peninsula Five - Tower 3
About 2408, Peninsula Five - Tower 3
2408 is a one-bedroom apartment of 878 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 13 September 2022 for AED 1,780,700, or AED 2,028 per sqft, 3% above the AED 1,963 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2408 over time
2408 has sold once; the dashed line is the one-bed median of each year in the building.
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 2408 sits
All 138 1-beds →2408 last sold in September 2022 at AED 2,028 per sqft, 3% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,963). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 839 sqft | 2,250,000 | 2,682 | ||
| 12 Oct 202612 October 2026 | 816 sqft | 2,050,000 | 2,513 | ||
| 25 Sep 202625 September 2026 | 811 sqft | 2,150,000 | 2,652 | ||
| 27 Aug 202627 August 2026 | 876 sqft | 2,325,000 | 2,654 |
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 | |
| 2404 | Studio | 533 sqft | AED 1.03MAED 1,034,500 · Jul 2022July 2022 | 75,000 /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 | |
| 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 |
2408, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 13 September 2022 for AED 1,780,700, or AED 2,028 per sqft.
- 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 13 September 2022.
Questions about 2408, Peninsula Five - Tower 3
What did unit 2408 last sell for?
AED 1,780,700 on 13 September 2022, sold by the developer: AED 2,028 per sqft for 878 sqft. It is the only registered sale of the unit.
How big is unit 2408?
878 sqft (81.6 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2024.
What is unit 2408 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 2408, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.78M, 13 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,700
- Deposit, UAE resident (20%)
- AED 356,140
- Deposit, non-resident (40%)
- AED 712,280
- Monthly over 25 years at 3.7%
- AED 7,285
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →