2604, 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 2604, Peninsula Five - Tower 3
What is 2604 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 533 sqft
- Floor
- 26th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.05M · June 2022
- Building
- Peninsula Five - Tower 3
About 2604, Peninsula Five - Tower 3
2604 is a studio of 533 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 1,045,100, or AED 1,959 per sqft, in line with the AED 1,928 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 October 2026, is AED 80,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 2604 over time
2604 has sold once; the dashed line is the studio median of each year in the building.
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 2604 sits
All 107 studios →2604 last sold in June 2022 at AED 1,959 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,928). 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. 2604's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
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 | |
| 2602 | 1-bed | 878 sqft | AED 1.74MAED 1,735,800 · Jun 2022June 2022 | 135,000 /yr | |
| 2603 | Studio | 518 sqft | AED 1.02MAED 1,022,500 · Jun 2022June 2022 | 85,000 /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 |
2604, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 1,045,100, or AED 1,959 per sqft.
- Rented since August 2025 on 2 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 7.6%.
- 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 October 2026.
Questions about 2604, Peninsula Five - Tower 3
What did unit 2604 last sell for?
AED 1,045,100 on 27 June 2022, sold by the developer: AED 1,959 per sqft for 533 sqft. It is the only registered sale of the unit.
What is the rent for unit 2604?
AED 80,000 a year on the contract signed on 1 October 2026. The previous contract, from August 2025, was AED 80,000.
How big is unit 2604?
533 sqft (49.5 sqm): a studio on the 26th floor of a 36-storey tower completed in 2024.
What is unit 2604 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 2604, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.05M, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,045,100
- Deposit, UAE resident (20%)
- AED 209,020
- Deposit, non-resident (40%)
- AED 418,040
- Monthly over 25 years at 3.7%
- AED 4,276
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →