2602, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, Peninsula Five - Tower 3
What is 2602 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 26th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.74M · June 2022
- Building
- Peninsula Five - Tower 3
About 2602, Peninsula Five - Tower 3
2602 is a one-bedroom apartment of 878 sqft on the 26th 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 27 June 2022 for AED 1,735,800, or AED 1,977 per sqft, in line with the AED 2,017 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 20 June 2026, is AED 135,000 a year: a gross yield of 7.8% on the 2022 price.
Sales and rents for 2602 over time
2602 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 2602 sits
All 138 1-beds →2602 last sold in June 2022 at AED 1,977 per sqft, in line with what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,017). 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. 2602's AED 135,000 is in the lower half of that range.
| 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 26th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 3-bed | 1,722 sqft | AED 3.65MAED 3,648,700 · Jun 2022June 2022 | 285,000 /yr | |
| 2603 | Studio | 518 sqft | AED 1.02MAED 1,022,500 · Jun 2022June 2022 | 85,000 /yr | |
| 2604 | Studio | 533 sqft | AED 1.05MAED 1,045,100 · Jun 2022June 2022 | 80,000 /yr | |
| 2605 | 1-bed | 715 sqft | AED 1.42MAED 1,418,300 · Jun 2022June 2022 | 127,000 /yr | |
| 2606 | Studio | 543 sqft | AED 1.07MAED 1,065,200 · Jun 2022June 2022 | 80,000 /yr | |
| 2607 | Studio | 518 sqft | AED 1.02MAED 1,022,500 · Jun 2022June 2022 | 85,000 /yr | |
| 2608 | 1-bed | 876 sqft | AED 1.8MAED 1,798,300 · Jun 2022June 2022 | 135,000 /yr | |
| 2609 | 3-bed | 1,683 sqft | AED 3.56MAED 3,564,800 · Jun 2022June 2022 | 290,000 /yr | |
| 2610 | 1-bed | 895 sqft | AED 1.86MAED 1,859,100 · Jun 2022June 2022 | 135,000 /yr |
2602, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 1,735,800, or AED 1,977 per sqft.
- Rented since June 2025 on 3 Ejari contracts, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2022 price is 7.8%.
- 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 20 June 2026.
Questions about 2602, Peninsula Five - Tower 3
What did unit 2602 last sell for?
AED 1,735,800 on 27 June 2022, sold by the developer: AED 1,977 per sqft for 878 sqft. It is the only registered sale of the unit.
What is the rent for unit 2602?
AED 135,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 135,000; the unit has been rented since June 2025.
How big is unit 2602?
878 sqft (81.6 sqm): a one-bedroom apartment on the 26th floor of a 36-storey tower completed in 2024.
What is unit 2602 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 2602, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.74M, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,735,800
- Deposit, UAE resident (20%)
- AED 347,160
- Deposit, non-resident (40%)
- AED 694,320
- Monthly over 25 years at 3.7%
- AED 7,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →