3-bed · 1,766 sqftPeninsula Five - Tower 3, Business Bay · 35th floor · completed 2024

3501, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 4.45M7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Peninsula Five - Tower 3

What is 3501 worth today?

Last sold for AED 4,450,000 in 2024

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7 Aug 2024SoldOff-plan
AED 4,450,000AED 2,519 per sqft
27 Jun 2022Sold by developerOff-plan
AED 3,871,100AED 2,191 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
3-bed apartment
Size
1,766 sqft
Floor
35th of 36
Parking
2
Developer
Select Global Development
Completed
2024
Last sold
AED 4.45M · August 2024

About 3501, Peninsula Five - Tower 3

3501 is a three-bedroom apartment of 1,766 sqft on the 35th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 7 August 2024 for AED 4,450,000, or AED 2,519 per sqft, 15% above the AED 2,185 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3501 over time

Sales
Unit 3501, 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, June 2022: AED 3,871,100 (AED 2,191 per sqft)Sold, August 2024: AED 4,450,000 (AED 2,519 per sqft)

3501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3501, each contractTypical three-bed in Peninsula Five - Tower 3
250K255K260K202520262027Typical rent by year: 2025 AED 250,000; 2026 AED 260,000

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 3501 sits

All 30 3-beds →

3501 last sold in August 2024 at AED 2,519 per sqft, 15% above what three-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,185). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Oct 20264,700,000
1 May 20265,250,000
29 Apr 20264,850,000
14 Nov 20254,700,000
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 35th floor

All 321 units in Peninsula Five - Tower 3
Value
35022-bedAED 3.85M · Sep 2024
35031-bedAED 2.24M · Apr 2025
35042-bedAED 3.88M · Mar 2025
35053-bedAED 4.1M · Mar 2025
35061-bedAED 2.5M · Aug 2025

3501, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 3,871,100, last on 7 August 2024 for AED 4,450,000 (AED 2,519 per sqft).
  • 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 7 August 2024.

Questions about 3501, Peninsula Five - Tower 3

What did unit 3501 last sell for?

AED 4,450,000 on 7 August 2024: AED 2,519 per sqft for 1,766 sqft. The unit has 2 registered sales; the first was AED 3,871,100 in June 2022.

How big is unit 3501?

1,766 sqft (164.1 sqm): a three-bedroom apartment on the 35th floor of a 36-storey tower completed in 2024.

What is unit 3501 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 3501, Peninsula Five - Tower 3

Starts from the last sale price (AED 4.45M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

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