3-bed · 1,685 sqftPeninsula Five - Tower 3, Business Bay · 29th floor · completed 2024

2909, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in October 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 4.7M26 October 2026
Current rentAED 260K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Peninsula Five - Tower 3

What is 2909 worth today?

Last sold for AED 4,700,000 in 2026

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26 Oct 2026SoldReady
AED 4,700,000AED 2,789 per sqft
20 Jul 2026RentedRenewal
AED 260,000/yr12 months · AED 154 per sqft
20 Jul 2025RentedNew contract
AED 280,000/yr12 months · AED 166 per sqft
2 Aug 2022Sold by developerOff-plan
AED 3,542,994AED 2,104 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
3-bed apartment
Size
1,685 sqft
Floor
29th of 36
Parking
F1-020,F1-021
Developer
Select Global Development
Completed
2024
Last sold
AED 4.7M · October 2026

About 2909, Peninsula Five - Tower 3

2909 is a three-bedroom apartment of 1,685 sqft on the 29th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 26 October 2026 for AED 4,700,000, or AED 2,789 per sqft, in line with the AED 2,806 three-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 260,000 a year: a gross yield of 5.5% on the 2026 price.

Sales and rents for 2909 over time

Sales
Unit 2909, each saleTypical three-bed in Peninsula Five - Tower 3
4M5M202220242026Typical sale price by year: 2022 AED 3,637,700; 2023 AED 3,819,350; 2024 AED 3,883,300; 2025 AED 4,450,000; 2026 AED 4,850,000Sold by developer, August 2022: AED 3,542,994 (AED 2,104 per sqft)Sold, October 2026: AED 4,700,000 (AED 2,789 per sqft)

2909 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2909, each contractTypical three-bed in Peninsula Five - Tower 3
260K280K202520262027Typical rent by year: 2025 AED 250,000; 2026 AED 260,000New contract, July 2025: AED 280,000 a yearRenewal, July 2026: AED 260,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Peninsula Five - Tower 3, and where 2909 sits

All 30 3-beds →

2909 last sold in October 2026 at AED 2,789 per sqft, in line with what three-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,806). Over the last 12 months three-beds sold for AED 4,700,000 to 5,250,000, around AED 2,806 per sqft, and rent for AED 80,000 to 290,000 a year. 2909's AED 260,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 May 20265,250,000
29 Apr 20264,850,000
14 Nov 20254,700,000
29 Sep 20254,980,000
4 3-bed 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 29th floor

All 321 units in Peninsula Five - Tower 3
Value
29013-bedAED 4.6M · Jun 2025
29021-bedAED 1.76M · Jul 2022
2903StudioAED 1.04M · Sep 2022
2904StudioAED 1.06M · Aug 2022
29051-bedAED 1.44M · Jul 2022
2906StudioAED 1.31M · Jun 2024
2907StudioAED 1.35M · Feb 2025
1–7 of 9

2909, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 2 August 2022 for AED 3,542,994, last on 26 October 2026 for AED 4,700,000 (AED 2,789 per sqft).
  • Rented since July 2025 on 2 Ejari contracts, from AED 280,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2026 price is 5.5%.
  • Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000–5,250,000 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 26 October 2026.

Questions about 2909, Peninsula Five - Tower 3

What did unit 2909 last sell for?

AED 4,700,000 on 26 October 2026: AED 2,789 per sqft for 1,685 sqft. The unit has 2 registered sales; the first was AED 3,542,994 in August 2022.

What is the rent for unit 2909?

AED 260,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 280,000.

How big is unit 2909?

1,685 sqft (156.5 sqm): a three-bedroom apartment on the 29th floor of a 36-storey tower completed in 2024.

What is unit 2909 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula Five - Tower 3 sold for AED 4,700,000 to 5,250,000 in the last 12 months, around AED 2,806 per sqft.

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Mortgage on 2909, Peninsula Five - Tower 3

Starts from the last sale price (AED 4.7M, 26 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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