Studio · 518 sqftPeninsula Five - Tower 3, Business Bay · 25th floor · completed 2024

2503, Peninsula Five - Tower 3

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 1.25M8 November 2024
Current rentAED 90K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Peninsula Five - Tower 3

What is 2503 worth today?

Last sold for AED 1,250,000 in 2024

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10 Oct 2026RentedNew contract
AED 90,000/yr12 months · AED 178 per sqft
16 May 2026RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
8 Nov 2024SoldOff-plan
AED 1,250,000AED 2,412 per sqft
15 Apr 2024SoldOff-plan
AED 1,210,000AED 2,335 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,058,000AED 2,042 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
25th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.25M · November 2024

About 2503, Peninsula Five - Tower 3

2503 is a studio of 518 sqft on the 25th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 8 November 2024 for AED 1,250,000, or AED 2,412 per sqft, 11% above the AED 2,176 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 10 October 2026, is AED 90,000 a year: a gross yield of 7.2% on the 2024 price.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, June 2022: AED 1,058,000 (AED 2,042 per sqft)Sold, April 2024: AED 1,210,000 (AED 2,335 per sqft)Sold, November 2024: AED 1,250,000 (AED 2,412 per sqft)

2503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2503, each contractTypical studio in Peninsula Five - Tower 3
80K85K90K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, May 2026: AED 85,000 a yearNew contract, October 2026: AED 90,000 a year

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 2503 sits

All 107 studios →

2503 last sold in November 2024 at AED 2,412 per sqft, 11% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,176). 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. 2503's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio 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 25th floor

All 321 units in Peninsula Five - Tower 3
Value
25013-bedAED 3.63M · Apr 2022
25021-bedAED 2.1M · Oct 2024
2504StudioAED 1.4M · Jun 2024
25051-bedAED 1.89M · Aug 2024
2506StudioAED 1.17M · Dec 2023
2507StudioAED 1.1M · Mar 2024
25081-bedAED 1.86M · Apr 2022
1–7 of 9

2503, Peninsula Five - Tower 3 in numbers

  • Sold 3 times: first on 27 June 2022 for AED 1,058,000, last on 8 November 2024 for AED 1,250,000 (AED 2,412 per sqft).
  • Rented since May 2026 on 2 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 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 10 October 2026.

Questions about 2503, Peninsula Five - Tower 3

What did unit 2503 last sell for?

AED 1,250,000 on 8 November 2024: AED 2,412 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 1,058,000 in June 2022.

What is the rent for unit 2503?

AED 90,000 a year on the contract signed on 10 October 2026. The previous contract, from May 2026, was AED 85,000.

How big is unit 2503?

518 sqft (48.1 sqm): a studio on the 25th floor of a 36-storey tower completed in 2024.

What is unit 2503 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 2503, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.25M, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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