702, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Peninsula Five - Tower 3
What is 702 worth today?
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Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 7th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.63M · July 2022
- Building
- Peninsula Five - Tower 3
About 702, Peninsula Five - Tower 3
702 is a two-bedroom apartment of 1,376 sqft on the 7th 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 2,632,800, or AED 1,912 per sqft, in line with the AED 1,955 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 194,250 a year: a gross yield of 7.4% on the 2022 price.
Sales and rents for 702 over time
702 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 702 sits
All 46 2-beds →702 last sold in July 2022 at AED 1,912 per sqft, in line with what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,955). 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. 702's AED 194,250 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 7th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 839 sqft | AED 2.36MAED 2,360,000 · Sep 2025September 2025 | ||
| 703 | 1-bed | 878 sqft | AED 1.95MAED 1,950,000 · Feb 2025February 2025 | 145,000 /yr | |
| 704 | Studio | 517 sqft | AED 919KAED 919,000 · Aug 2022August 2022 | ||
| 705 | Studio | 531 sqft | AED 938KAED 938,000 · Jul 2022July 2022 | 75,000 /yr | |
| 706 | 1-bed | 726 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 707 | Studio | 541 sqft | AED 1.5MAED 1,495,000 · Mar 2026March 2026 | 90,000 /yr | |
| 708 | Studio | 517 sqft | AED 827KAED 827,100 · Aug 2022August 2022 | 80,000 /yr | |
| 709 | 1-bed | 855 sqft | AED 1.61MAED 1,605,400 · Jun 2022June 2022 | ||
| 710 | 2-bed | 1,329 sqft | AED 2.54MAED 2,536,600 · Jul 2022July 2022 | 176,000 /yr | |
| 711 | 1-bed | 833 sqft | AED 2.17MAED 2,170,000 · Dec 2025December 2025 | 150,000 /yr |
702, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 6 July 2022 for AED 2,632,800, or AED 1,912 per sqft.
- Rented since March 2025 on 3 Ejari contracts, from AED 185,000 to AED 194,250 a year.
- At AED 194,250 a year the gross yield on the 2022 price is 7.4%.
- 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 5 March 2026.
Questions about 702, Peninsula Five - Tower 3
What did unit 702 last sell for?
AED 2,632,800 on 6 July 2022, sold by the developer: AED 1,912 per sqft for 1,376 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 194,250 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 185,000; the unit has been rented since March 2025.
How big is unit 702?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 7th floor of a 36-storey tower completed in 2024.
What is unit 702 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 702, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.63M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,632,800
- Deposit, UAE resident (20%)
- AED 526,560
- Deposit, non-resident (40%)
- AED 1,053,120
- Monthly over 25 years at 3.7%
- AED 10,772
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →