502, 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.
Property timeline for 502, Peninsula Five - Tower 3
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,352 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.8M · August 2024
- Building
- Peninsula Five - Tower 3
About 502, Peninsula Five - Tower 3
502 is a two-bedroom apartment of 1,352 sqft on the 5th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 20 August 2024 for AED 2,800,000, or AED 2,070 per sqft, in line with the AED 2,107 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 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 502 sits
All 46 2-beds →502 last sold in August 2024 at AED 2,070 per sqft, in line with what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,107). 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.
| 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 5th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 816 sqft | AED 1.85MAED 1,850,000 · Jan 2025January 2025 | ||
| 503 | 1-bed | 877 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 130,000 /yr | |
| 504 | Studio | 517 sqft | AED 909KAED 909,400 · Jun 2022June 2022 | 73,000 /yr | |
| 505 | Studio | 531 sqft | AED 928KAED 928,200 · Sep 2022September 2022 | 70,000 /yr | |
| 506 | 1-bed | 702 sqft | AED 1.46MAED 1,455,000 · Jul 2024July 2024 | ||
| 507 | Studio | 541 sqft | AED 950KAED 950,000 · Nov 2022November 2022 | ||
| 508 | Studio | 517 sqft | AED 909KAED 908,900 · Jun 2022June 2022 | 85,000 /yr | |
| 509 | 1-bed | 855 sqft | AED 2.35MAED 2,350,000 · May 2025May 2025 | 125,000 /yr | |
| 510 | 2-bed | 1,305 sqft | AED 2.22MAED 2,221,560 · Sep 2022September 2022 | 190,000 /yr | |
| 511 | 1-bed | 811 sqft | AED 2.15MAED 2,150,000 · Sep 2026September 2026 |
502, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 7 July 2022 for AED 2,363,100, last on 20 August 2024 for AED 2,800,000 (AED 2,070 per sqft).
- 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 20 August 2024.
Questions about 502, Peninsula Five - Tower 3
What did unit 502 last sell for?
AED 2,800,000 on 20 August 2024: AED 2,070 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,363,100 in July 2022.
How big is unit 502?
1,352 sqft (125.6 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2024.
What is unit 502 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 502, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.8M, 20 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →