2-bed · 1,595 sqftPeninsula Five - Tower 3, Business Bay · 35th floor · completed 2024

3504, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in March 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 18 June 2026
Last soldAED 3.88M5 March 2025
Current rentAED 250K /yr18 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Peninsula Five - Tower 3

What is 3504 worth today?

Last sold for AED 3,880,000 in 2025

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18 Jun 2026RentedRenewal
AED 250,000/yr12 months · AED 157 per sqft
18 Jun 2025RentedNew contract
AED 250,000/yr12 months · AED 157 per sqft
5 Mar 2025SoldReady
AED 3,880,000AED 2,432 per sqft
27 Jun 2022Sold by developerOff-plan
AED 3,356,500AED 2,085 per sqft

Source: Dubai Land Department. Updated 18 June 2026.

Key facts

Type
2-bed apartment
Size
1,595 sqft
Floor
35th of 36
Parking
F1-015
Developer
Select Global Development
Completed
2024
Last sold
AED 3.88M · March 2025

About 3504, Peninsula Five - Tower 3

3504 is a two-bedroom apartment of 1,595 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 5 March 2025 for AED 3,880,000, or AED 2,432 per sqft, 13% above the AED 2,144 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 18 June 2026, is AED 250,000 a year: a gross yield of 6.4% on the 2025 price.

Sales and rents for 3504 over time

Sales
Unit 3504, each saleTypical two-bed in Peninsula Five - Tower 3
3M4M202220242026Typical sale price by year: 2022 AED 2,668,700; 2023 AED 3,106,100; 2024 AED 2,875,000; 2025 AED 3,900,000; 2026 AED 3,550,000Sold by developer, June 2022: AED 3,356,500 (AED 2,085 per sqft)Sold, March 2025: AED 3,880,000 (AED 2,432 per sqft)

3504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, each contractTypical two-bed in Peninsula Five - Tower 3
200K250K202520262027Typical rent by year: 2025 AED 205,000; 2026 AED 194,625New contract, June 2025: AED 250,000 a yearRenewal, June 2026: AED 250,000 a year

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 3504 sits

All 46 2-beds →

3504 last sold in March 2025 at AED 2,432 per sqft, 13% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,144). 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. 3504's AED 250,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20263,450,000
13 Oct 20263,275,000
15 Sep 20263,550,000
15 May 20262,435,186
11 2-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
35013-bedAED 4.45M · Aug 2024
35022-bedAED 3.85M · Sep 2024
35031-bedAED 2.24M · Apr 2025
35053-bedAED 4.1M · Mar 2025
35061-bedAED 2.5M · Aug 2025

3504, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 3,356,500, last on 5 March 2025 for AED 3,880,000 (AED 2,432 per sqft).
  • Rented since June 2025 on 2 Ejari contracts, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2025 price is 6.4%.
  • 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 18 June 2026.

Questions about 3504, Peninsula Five - Tower 3

What did unit 3504 last sell for?

AED 3,880,000 on 5 March 2025: AED 2,432 per sqft for 1,595 sqft. The unit has 2 registered sales; the first was AED 3,356,500 in June 2022.

What is the rent for unit 3504?

AED 250,000 a year on the contract renewed on 18 June 2026. The previous contract, from June 2025, was AED 250,000.

How big is unit 3504?

1,595 sqft (148.2 sqm): a two-bedroom apartment on the 35th floor of a 36-storey tower completed in 2024.

What is unit 3504 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 3504, Peninsula Five - Tower 3

Starts from the last sale price (AED 3.88M, 5 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,880,000
Deposit, UAE resident (20%)
AED 776,000
Deposit, non-resident (40%)
AED 1,552,000
Monthly over 25 years at 3.7%
AED 15,874

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