2903, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 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 2903, Peninsula Five - Tower 3
What is 2903 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 29th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.04M · September 2022
- Building
- Peninsula Five - Tower 3
About 2903, Peninsula Five - Tower 3
2903 is a studio of 518 sqft on the 29th 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 14 September 2022 for AED 1,038,000, or AED 2,003 per sqft, 4% above the AED 1,920 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 2025, is AED 90,000 a year: a gross yield of 8.7% on the 2022 price.
Sales and rents for 2903 over time
2903 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 2903 sits
All 107 studios →2903 last sold in September 2022 at AED 2,003 per sqft, 4% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,920). 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. 2903's AED 90,000 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 29th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 3-bed | 1,717 sqft | AED 4.6MAED 4,600,000 · Jun 2025June 2025 | 240,000 /yr | |
| 2902 | 1-bed | 878 sqft | AED 1.76MAED 1,762,100 · Jul 2022July 2022 | ||
| 2904 | Studio | 533 sqft | AED 1.06MAED 1,061,100 · Aug 2022August 2022 | ||
| 2905 | 1-bed | 715 sqft | AED 1.44MAED 1,439,800 · Jul 2022July 2022 | 110,000 /yr | |
| 2906 | Studio | 543 sqft | AED 1.31MAED 1,305,000 · Jun 2024June 2024 | 90,000 /yr | |
| 2907 | Studio | 517 sqft | AED 1.35MAED 1,350,000 · Feb 2025February 2025 | ||
| 2908 | 1-bed | 878 sqft | AED 1.82MAED 1,824,600 · Jul 2022July 2022 | ||
| 2909 | 3-bed | 1,685 sqft | AED 4.7MAED 4,700,000 · Oct 2026October 2026 | 260,000 /yr | |
| 2910 | 1-bed | 895 sqft | AED 2.24MAED 2,240,000 · May 2025May 2025 |
2903, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 14 September 2022 for AED 1,038,000, or AED 2,003 per sqft.
- Rented since March 2025 on 2 Ejari contracts, from AED 105,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 8.7%.
- 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 2025.
Questions about 2903, Peninsula Five - Tower 3
What did unit 2903 last sell for?
AED 1,038,000 on 14 September 2022, sold by the developer: AED 2,003 per sqft for 518 sqft. It is the only registered sale of the unit.
What is the rent for unit 2903?
AED 90,000 a year on the contract signed on 1 October 2025. The previous contract, from March 2025, was AED 105,000.
How big is unit 2903?
518 sqft (48.1 sqm): a studio on the 29th floor of a 36-storey tower completed in 2024.
What is unit 2903 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 2903, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.04M, 14 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,038,000
- Deposit, UAE resident (20%)
- AED 207,600
- Deposit, non-resident (40%)
- AED 415,200
- Monthly over 25 years at 3.7%
- AED 4,247
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →