405, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Peninsula Five - Tower 3
What is 405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 531 sqft
- Floor
- 4th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 924K · June 2022
- Building
- Peninsula Five - Tower 3
About 405, Peninsula Five - Tower 3
405 is a studio of 531 sqft on the 4th 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 27 June 2022 for AED 923,700, or AED 1,738 per sqft, 10% below the AED 1,928 studios in the building were fetching at the time.
One Ejari contract is registered, from 6 June 2026. The current contract, signed on 6 June 2026, is AED 79,000 a year: a gross yield of 8.6% on the 2022 price.
Sales and rents for 405 over time
405 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Peninsula Five - Tower 3, and where 405 sits
All 107 studios →405 last sold in June 2022 at AED 1,738 per sqft, 10% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,928). Over the last 12 months studios sold for AED 1,360,000 to 1,525,000, around AED 2,763 per sqft, and rent for AED 48,503 to 105,000 a year. 405's AED 79,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
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 4th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 816 sqft | AED 1.4MAED 1,398,771 · Mar 2024March 2024 | 150,000 /yr | |
| 402 | 2-bed | 1,353 sqft | AED 2.9MAED 2,900,000 · Mar 2025March 2025 | ||
| 403 | 1-bed | 877 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | ||
| 404 | Studio | 517 sqft | AED 905KAED 905,000 · Jun 2022June 2022 | 85,000 /yr | |
| 406 | 1-bed | 702 sqft | AED 1.22MAED 1,218,500 · Jul 2022July 2022 | 115,000 /yr | |
| 407 | Studio | 541 sqft | AED 941KAED 941,200 · Jun 2022June 2022 | 79,000 /yr | |
| 408 | Studio | 517 sqft | AED 904KAED 904,400 · Jun 2022June 2022 | 73,000 /yr | |
| 409 | 1-bed | 855 sqft | AED 1.58MAED 1,580,000 · Mar 2024March 2024 | 150,000 /yr | |
| 410 | 2-bed | 1,307 sqft | AED 2.5MAED 2,500,000 · May 2025May 2025 | ||
| 411 | 1-bed | 812 sqft | AED 1.39MAED 1,385,901 · Apr 2024April 2024 |
405, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 923,700, or AED 1,738 per sqft.
- Rented since June 2026 on one Ejari contract, at AED 79,000 a year.
- At AED 79,000 a year the gross yield on the 2022 price is 8.6%.
- Studios in Peninsula Five - Tower 3 sold for AED 1,360,000–1,525,000 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 6 June 2026.
Questions about 405, Peninsula Five - Tower 3
What did unit 405 last sell for?
AED 923,700 on 27 June 2022, sold by the developer: AED 1,738 per sqft for 531 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 79,000 a year on the contract signed on 6 June 2026.
How big is unit 405?
531 sqft (49.3 sqm): a studio on the 4th floor of a 36-storey tower completed in 2024.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,360,000 to 1,525,000 in the last 12 months, around AED 2,763 per sqft.
Selling 405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 405, Peninsula Five - Tower 3
Starts from the last sale price (AED 924K, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 923,700
- Deposit, UAE resident (20%)
- AED 184,740
- Deposit, non-resident (40%)
- AED 369,480
- Monthly over 25 years at 3.7%
- AED 3,779
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →