3502, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in September 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3502, Peninsula Five - Tower 3
What is 3502 worth today?
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Source: Dubai Land Department. Updated 12 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,610 sqft
- Floor
- 35th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 3.85M · September 2024
- Building
- Peninsula Five - Tower 3
About 3502, Peninsula Five - Tower 3
3502 is a two-bedroom apartment of 1,610 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 6 September 2024 for AED 3,850,000, or AED 2,391 per sqft, 13% above the AED 2,115 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 12 April 2026, is AED 255,000 a year: a gross yield of 6.6% on the 2024 price.
Sales and rents for 3502 over time
3502 has sold twice; 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 3502 sits
All 46 2-beds →3502 last sold in September 2024 at AED 2,391 per sqft, 13% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,115). 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. 3502's AED 255,000 is in the upper 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 35th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 3-bed | 1,766 sqft | AED 4.45MAED 4,450,000 · Aug 2024August 2024 | ||
| 3503 | 1-bed | 811 sqft | AED 2.24MAED 2,240,000 · Apr 2025April 2025 | ||
| 3504 | 2-bed | 1,595 sqft | AED 3.88MAED 3,880,000 · Mar 2025March 2025 | 250,000 /yr | |
| 3505 | 3-bed | 1,718 sqft | AED 4.1MAED 4,100,000 · Mar 2025March 2025 | ||
| 3506 | 1-bed | 932 sqft | AED 2.5MAED 2,500,000 · Aug 2025August 2025 |
3502, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 27 June 2022 for AED 3,090,000, last on 6 September 2024 for AED 3,850,000 (AED 2,391 per sqft).
- Rented since July 2025 on 3 Ejari contracts, from AED 260,000 to AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2024 price is 6.6%.
- 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 12 April 2026.
Questions about 3502, Peninsula Five - Tower 3
What did unit 3502 last sell for?
AED 3,850,000 on 6 September 2024: AED 2,391 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 3,090,000 in June 2022.
What is the rent for unit 3502?
AED 255,000 a year on the contract signed on 12 April 2026. The previous contract, from July 2025, was AED 260,000; the unit has been rented since July 2025.
How big is unit 3502?
1,610 sqft (149.6 sqm): a two-bedroom apartment on the 35th floor of a 36-storey tower completed in 2024.
What is unit 3502 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 3502, Peninsula Five - Tower 3
Starts from the last sale price (AED 3.85M, 6 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,850,000
- Deposit, UAE resident (20%)
- AED 770,000
- Deposit, non-resident (40%)
- AED 1,540,000
- Monthly over 25 years at 3.7%
- AED 15,752
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →