Studio · 529 sqftPeninsula Five - Tower 3, Business Bay · 3rd floor · completed 2024

305, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in June 2023, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 903K16 June 2023
Current rentAED 80K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Peninsula Five - Tower 3

What is 305 worth today?

Last sold for AED 903,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 155 per sqft
16 Jun 2023SoldOff-plan
AED 903,000AED 1,705 per sqft
6 Jul 2022Sold by developerOff-plan
AED 903,000AED 1,705 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
529 sqft
Floor
3rd of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 903K · June 2023

About 305, Peninsula Five - Tower 3

305 is a studio of 529 sqft on the 3rd floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 16 June 2023 for AED 903,000, or AED 1,705 per sqft, 11% below the AED 1,922 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, renewed on 1 March 2026, is AED 80,000 a year: a gross yield of 8.9% on the 2023 price.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M1.5M202220242026Typical 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, July 2022: AED 903,000 (AED 1,705 per sqft)Sold, June 2023: AED 903,000 (AED 1,705 per sqft)

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

Rents
Unit 305, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000Renewal, March 2026: AED 80,000 a year

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 305 sits

All 107 studios →

305 last sold in June 2023 at AED 1,705 per sqft, 11% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). 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. 305's AED 80,000 is in the upper half of that range.

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 3rd floor

All 321 units in Peninsula Five - Tower 3
Value
3011-bedAED 2.15M · May 2026
3022-bedAED 2.54M · Sep 2024
3031-bedAED 1.46M · Jul 2022
304StudioAED 1.28M · Mar 2025
3061-bedAED 1.75M · Jul 2022
3071-bedAED 2.16M · Sep 2025
3081-bedAED 1.24M · Jun 2026
1–7 of 9

305, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 6 July 2022 for AED 903,000, last on 16 June 2023 for AED 903,000 (AED 1,705 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.9%.
  • 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 March 2026.

Questions about 305, Peninsula Five - Tower 3

What did unit 305 last sell for?

AED 903,000 on 16 June 2023: AED 1,705 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 903,000 in July 2022.

What is the rent for unit 305?

AED 80,000 a year on the contract renewed on 1 March 2026.

How big is unit 305?

529 sqft (49.1 sqm): a studio on the 3rd floor of a 36-storey tower completed in 2024.

What is unit 305 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.

Selling 305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 305, Peninsula Five - Tower 3

Starts from the last sale price (AED 903K, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 903,000
Deposit, UAE resident (20%)
AED 180,600
Deposit, non-resident (40%)
AED 361,200
Monthly over 25 years at 3.7%
AED 3,694

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