3402, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3402, Peninsula Five - Tower 3
What is 3402 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,610 sqft
- Floor
- 34th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 3.01M · September 2022
- Building
- Peninsula Five - Tower 3
About 3402, Peninsula Five - Tower 3
3402 is a two-bedroom apartment of 1,610 sqft on the 34th 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 8 September 2022 for AED 3,012,422, or AED 1,871 per sqft, 4% below the AED 1,954 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2026. The current contract, renewed on 1 August 2026, is AED 240,000 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 3402 over time
3402 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 3402 sits
All 46 2-beds →3402 last sold in September 2022 at AED 1,871 per sqft, 4% below what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,954). 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. 3402's AED 240,000 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 34th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 3-bed | 1,766 sqft | AED 3.85MAED 3,853,400 · Jul 2022July 2022 | ||
| 3403 | 1-bed | 812 sqft | AED 1.77MAED 1,769,300 · Aug 2022August 2022 | ||
| 3404 | 2-bed | 1,609 sqft | AED 3.95MAED 3,950,000 · Dec 2024December 2024 | ||
| 3405 | 3-bed | 1,718 sqft | AED 4.4MAED 4,400,000 · Sep 2025September 2025 | ||
| 3406 | 1-bed | 929 sqft | AED 2.25MAED 2,250,000 · Oct 2024October 2024 |
3402, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 8 September 2022 for AED 3,012,422, or AED 1,871 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 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 1 August 2026.
Questions about 3402, Peninsula Five - Tower 3
What did unit 3402 last sell for?
AED 3,012,422 on 8 September 2022, sold by the developer: AED 1,871 per sqft for 1,610 sqft. It is the only registered sale of the unit.
What is the rent for unit 3402?
AED 240,000 a year on the contract renewed on 1 August 2026.
How big is unit 3402?
1,610 sqft (149.6 sqm): a two-bedroom apartment on the 34th floor of a 36-storey tower completed in 2024.
What is unit 3402 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 3402, Peninsula Five - Tower 3
Starts from the last sale price (AED 3.01M, 8 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,012,422
- Deposit, UAE resident (20%)
- AED 602,484
- Deposit, non-resident (40%)
- AED 1,204,969
- Monthly over 25 years at 3.7%
- AED 12,325
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →