604, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Peninsula Five - Tower 3
What is 604 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 24 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 6th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 914K · July 2022
- Building
- Peninsula Five - Tower 3
About 604, Peninsula Five - Tower 3
604 is a studio of 517 sqft on the 6th 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 6 July 2022 for AED 913,900, or AED 1,767 per sqft, 8% below the AED 1,922 studios in the building were fetching at the time.
One Ejari contract is registered, from 24 May 2025. The current contract, signed on 24 May 2025, is AED 70,000 a year: a gross yield of 7.7% on the 2022 price.
Sales and rents for 604 over time
604 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 604 sits
All 107 studios →604 last sold in July 2022 at AED 1,767 per sqft, 8% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). 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. 604's AED 70,000 is in the lower 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 6th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 816 sqft | AED 2.05MAED 2,050,000 · Oct 2026October 2026 | ||
| 602 | 2-bed | 1,352 sqft | AED 2.52MAED 2,518,300 · Dec 2023December 2023 | 229,363 /yr | |
| 603 | 1-bed | 877 sqft | AED 2.21MAED 2,210,000 · Feb 2026February 2026 | 150,000 /yr | |
| 605 | Studio | 531 sqft | AED 933KAED 932,700 · Jul 2022July 2022 | ||
| 606 | 1-bed | 702 sqft | AED 1.23MAED 1,231,400 · Sep 2022September 2022 | ||
| 607 | Studio | 541 sqft | AED 1.2MAED 1,200,000 · Dec 2024December 2024 | ||
| 608 | Studio | 517 sqft | AED 913KAED 913,300 · Jul 2022July 2022 | 85,000 /yr | |
| 609 | 1-bed | 855 sqft | AED 1.58MAED 1,584,900 · Jul 2022July 2022 | 125,000 /yr | |
| 610 | 2-bed | 1,305 sqft | AED 2.26MAED 2,255,400 · Jul 2022July 2022 | 210,000 /yr | |
| 611 | 1-bed | 811 sqft | AED 2.05MAED 2,050,000 · Mar 2025March 2025 |
604, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 6 July 2022 for AED 913,900, or AED 1,767 per sqft.
- Rented since May 2025 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 7.7%.
- 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 24 May 2025.
Questions about 604, Peninsula Five - Tower 3
What did unit 604 last sell for?
AED 913,900 on 6 July 2022, sold by the developer: AED 1,767 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 70,000 a year on the contract signed on 24 May 2025.
How big is unit 604?
517 sqft (48.0 sqm): a studio on the 6th floor of a 36-storey tower completed in 2024.
What is unit 604 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 604? 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 604, Peninsula Five - Tower 3
Starts from the last sale price (AED 914K, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 913,900
- Deposit, UAE resident (20%)
- AED 182,780
- Deposit, non-resident (40%)
- AED 365,560
- Monthly over 25 years at 3.7%
- AED 3,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →