510, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 510, Peninsula Five - Tower 3
What is 510 worth today?
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Source: Dubai Land Department. Updated 3 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.22M · September 2022
- Building
- Peninsula Five - Tower 3
About 510, Peninsula Five - Tower 3
510 is a two-bedroom apartment of 1,305 sqft on the 5th 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 12 September 2022 for AED 2,221,560, or AED 1,702 per sqft, 13% below the AED 1,950 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 September 2025. The current contract, signed on 3 September 2025, is AED 190,000 a year: a gross yield of 8.6% on the 2022 price.
Sales and rents for 510 over time
510 has sold once; 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 510 sits
All 46 2-beds →510 last sold in September 2022 at AED 1,702 per sqft, 13% below what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,950). 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. 510's AED 190,000 is in the lower 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 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 | ||
| 502 | 2-bed | 1,352 sqft | AED 2.8MAED 2,800,000 · Aug 2024August 2024 | ||
| 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 | |
| 511 | 1-bed | 811 sqft | AED 2.15MAED 2,150,000 · Sep 2026September 2026 |
510, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 12 September 2022 for AED 2,221,560, or AED 1,702 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2022 price is 8.6%.
- 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 3 September 2025.
Questions about 510, Peninsula Five - Tower 3
What did unit 510 last sell for?
AED 2,221,560 on 12 September 2022, sold by the developer: AED 1,702 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 510?
AED 190,000 a year on the contract signed on 3 September 2025.
How big is unit 510?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2024.
What is unit 510 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 510, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.22M, 12 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,221,560
- Deposit, UAE resident (20%)
- AED 444,312
- Deposit, non-resident (40%)
- AED 888,624
- Monthly over 25 years at 3.7%
- AED 9,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →