Studio · 543 sqftPeninsula Five - Tower 3, Business Bay · 25th floor · completed 2024

2506, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 1.17M27 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Peninsula Five - Tower 3

What is 2506 worth today?

Last sold for AED 1,170,000 in 2023

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27 Dec 2023SoldOff-plan
AED 1,170,000AED 2,154 per sqft
7 Jul 2022Sold by developerOff-plan
AED 1,102,200AED 2,029 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
25th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.17M · December 2023

About 2506, Peninsula Five - Tower 3

2506 is a studio of 543 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 27 December 2023 for AED 1,170,000, or AED 2,154 per sqft, in line with the AED 2,140 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, July 2022: AED 1,102,200 (AED 2,029 per sqft)Sold, December 2023: AED 1,170,000 (AED 2,154 per sqft)

2506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2506, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000

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 2506 sits

All 107 studios →

2506 last sold in December 2023 at AED 2,154 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,140). 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.

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
2504StudioAED 1.4M · Jun 2024
25051-bedAED 1.89M · Aug 2024
2507StudioAED 1.1M · Mar 2024
25081-bedAED 1.86M · Apr 2022
1–7 of 9

2506, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 7 July 2022 for AED 1,102,200, last on 27 December 2023 for AED 1,170,000 (AED 2,154 per sqft).
  • 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 27 December 2023.

Questions about 2506, Peninsula Five - Tower 3

What did unit 2506 last sell for?

AED 1,170,000 on 27 December 2023: AED 2,154 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 1,102,200 in July 2022.

How big is unit 2506?

543 sqft (50.4 sqm): a studio on the 25th floor of a 36-storey tower completed in 2024.

What is unit 2506 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 2506, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.17M, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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