Studio · 533 sqftPeninsula Five - Tower 3, Business Bay · 28th floor · completed 2024

2804, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 1.28M11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Peninsula Five - Tower 3

What is 2804 worth today?

Last sold for AED 1,275,000 in 2024

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11 Dec 2024SoldOff-plan
AED 1,275,000AED 2,390 per sqft
2 Aug 2022Sold by developerOff-plan
AED 1,098,000AED 2,058 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
28th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.28M · December 2024

About 2804, Peninsula Five - Tower 3

2804 is a studio of 533 sqft on the 28th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 11 December 2024 for AED 1,275,000, or AED 2,390 per sqft, 4% above the AED 2,290 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, August 2022: AED 1,098,000 (AED 2,058 per sqft)Sold, December 2024: AED 1,275,000 (AED 2,390 per sqft)

2804 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2804, 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 2804 sits

All 107 studios →

2804 last sold in December 2024 at AED 2,390 per sqft, 4% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,290). 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 28th floor

All 321 units in Peninsula Five - Tower 3
Value
28013-bedAED 4.7M · Nov 2025
28021-bedAED 1.82M · Jul 2022
2803StudioAED 1.21M · Aug 2024
28051-bedAED 1.49M · Jul 2022
2806StudioAED 1.12M · Jun 2022
2807StudioAED 1.36M · Apr 2025
28081-bedAED 2.98M · Jul 2025
1–7 of 9

2804, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 2 August 2022 for AED 1,098,000, last on 11 December 2024 for AED 1,275,000 (AED 2,390 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 11 December 2024.

Questions about 2804, Peninsula Five - Tower 3

What did unit 2804 last sell for?

AED 1,275,000 on 11 December 2024: AED 2,390 per sqft for 533 sqft. The unit has 2 registered sales; the first was AED 1,098,000 in August 2022.

How big is unit 2804?

533 sqft (49.5 sqm): a studio on the 28th floor of a 36-storey tower completed in 2024.

What is unit 2804 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 2804, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.28M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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