Studio · 533 sqftPeninsula Five - Tower 3, Business Bay · 25th floor · completed 2024

2504, Peninsula Five - Tower 3

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.4M14 June 2024
Current rentAED 105K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Peninsula Five - Tower 3

What is 2504 worth today?

Last sold for AED 1,400,000 in 2024

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1 Dec 2025RentedNew contract
AED 105,000/yr12 months · AED 199 per sqft
14 Jun 2024SoldOff-plan
AED 1,400,000AED 2,624 per sqft
5 Apr 2023SoldOff-plan
AED 1,255,000AED 2,353 per sqft
12 May 2022Sold by developerOff-plan
AED 1,081,400AED 2,027 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
25th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.4M · June 2024

About 2504, Peninsula Five - Tower 3

2504 is a studio of 533 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 14 June 2024 for AED 1,400,000, or AED 2,624 per sqft, 21% above the AED 2,161 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2025. The current contract, signed on 1 December 2025, is AED 105,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, May 2022: AED 1,081,400 (AED 2,027 per sqft)Sold, April 2023: AED 1,255,000 (AED 2,353 per sqft)Sold, June 2024: AED 1,400,000 (AED 2,624 per sqft)

2504 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2504, each contractTypical studio in Peninsula Five - Tower 3
80K100K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, December 2025: AED 105,000 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 2504 sits

All 107 studios →

2504 last sold in June 2024 at AED 2,624 per sqft, 21% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,161). 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. 2504's AED 105,000 is at the top 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
2503StudioAED 1.25M · Nov 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

2504, Peninsula Five - Tower 3 in numbers

  • Sold 3 times: first on 12 May 2022 for AED 1,081,400, last on 14 June 2024 for AED 1,400,000 (AED 2,624 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 1 December 2025.

Questions about 2504, Peninsula Five - Tower 3

What did unit 2504 last sell for?

AED 1,400,000 on 14 June 2024: AED 2,624 per sqft for 533 sqft. The unit has 3 registered sales; the first was AED 1,081,400 in May 2022.

What is the rent for unit 2504?

AED 105,000 a year on the contract signed on 1 December 2025.

How big is unit 2504?

533 sqft (49.5 sqm): a studio on the 25th floor of a 36-storey tower completed in 2024.

What is unit 2504 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 2504, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.4M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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