309, 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 309, Peninsula Five - Tower 3
What is 309 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 3rd of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.25M · September 2022
- Building
- Peninsula Five - Tower 3
About 309, Peninsula Five - Tower 3
309 is a two-bedroom apartment of 1,329 sqft on the 3rd 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 13 September 2022 for AED 2,247,100, or AED 1,691 per sqft, 14% below the AED 1,955 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 March 2025, is AED 180,000 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 309 over time
309 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Five - Tower 3, and where 309 sits
All 46 2-beds →309 last sold in September 2022 at AED 1,691 per sqft, 14% below what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,955). Over the last 12 months two-beds sold for AED 2,435,186 to 4,200,000, around AED 2,646 per sqft, and rent for AED 150,000 to 349,062 a year. 309's AED 180,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,329 sqft | 3,450,000 | 2,595 | ||
| 13 Oct 202613 October 2026 | 1,353 sqft | 3,275,000 | 2,420 | ||
| 15 Sep 202615 September 2026 | 1,376 sqft | 3,550,000 | 2,580 | ||
| 15 May 202615 May 2026 | 1,158 sqft | 2,435,186 | 2,103 |
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 3rd floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 837 sqft | AED 2.15MAED 2,150,000 · May 2026May 2026 | 120,000 /yr | |
| 302 | 2-bed | 1,376 sqft | AED 2.54MAED 2,540,000 · Sep 2024September 2024 | ||
| 303 | 1-bed | 876 sqft | AED 1.46MAED 1,461,000 · Jul 2022July 2022 | ||
| 304 | Studio | 515 sqft | AED 1.28MAED 1,280,000 · Mar 2025March 2025 | ||
| 305 | Studio | 529 sqft | AED 903KAED 903,000 · Jun 2023June 2023 | 80,000 /yr | |
| 306 | 1-bed | 1,250 sqft | AED 1.75MAED 1,747,000 · Jul 2022July 2022 | ||
| 307 | 1-bed | 1,435 sqft | AED 2.16MAED 2,160,000 · Sep 2025September 2025 | ||
| 308 | 1-bed | 677 sqft | AED 1.24MAED 1,240,000 · Jun 2026June 2026 | ||
| 310 | 1-bed | 832 sqft | AED 2.15MAED 2,150,000 · Feb 2026February 2026 | 130,362 /yr |
309, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 13 September 2022 for AED 2,247,100, or AED 1,691 per sqft.
- Rented since March 2025 on 2 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 8.0%.
- Two-beds in Peninsula Five - Tower 3 sold for AED 2,435,186–4,200,000 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 15 March 2025.
Questions about 309, Peninsula Five - Tower 3
What did unit 309 last sell for?
AED 2,247,100 on 13 September 2022, sold by the developer: AED 1,691 per sqft for 1,329 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 180,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 180,000.
How big is unit 309?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 3rd floor of a 36-storey tower completed in 2024.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 3 sold for AED 2,435,186 to 4,200,000 in the last 12 months, around AED 2,646 per sqft.
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Mortgage on 309, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.25M, 13 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,247,100
- Deposit, UAE resident (20%)
- AED 449,420
- Deposit, non-resident (40%)
- AED 898,840
- Monthly over 25 years at 3.7%
- AED 9,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →