Studio · 517 sqftPeninsula Five - Tower 3, Business Bay · 8th floor · completed 2024

804, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 31 May 2025
Last soldAED 1.12M20 March 2024
Current rentAED 90K /yr31 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Peninsula Five - Tower 3

What is 804 worth today?

Last sold for AED 1,120,000 in 2024

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31 May 2025RentedNew contract
AED 90,000/yr12 months · AED 175 per sqft
31 May 2025RentedNew contract
AED 90,000/yr12 months · AED 175 per sqft
20 Mar 2024SoldOff-plan
AED 1,120,000AED 2,166 per sqft
7 Jul 2022Sold by developerOff-plan
AED 937,500AED 1,813 per sqft

Source: Dubai Land Department. Updated 31 May 2025.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
8th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.12M · March 2024

About 804, Peninsula Five - Tower 3

804 is a studio of 517 sqft on the 8th 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 March 2024 for AED 1,120,000, or AED 2,166 per sqft, in line with the AED 2,158 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 31 May 2025, is AED 90,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, July 2022: AED 937,500 (AED 1,813 per sqft)Sold, March 2024: AED 1,120,000 (AED 2,166 per sqft)

804 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 804, each contractTypical studio in Peninsula Five - Tower 3
80K85K90K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, May 2025: AED 90,000 a yearNew contract, May 2025: AED 90,000 a year

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 804 sits

All 107 studios →

804 last sold in March 2024 at AED 2,166 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,158). 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. 804's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio sales in the last 12 months

Peninsula Five - Tower 3

Building

321 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%
Peninsula Five - Tower 3, Business Bay: prices, sales and rents →

Other units on the 8th floor

All 321 units in Peninsula Five - Tower 3
Value
8011-bedAED 1.6M · Jul 2022
8022-bedAED 3.28M · Oct 2026
8031-bedAED 2.12M · May 2025
805StudioAED 957K · Aug 2022
8061-bedAED 1.83M · Apr 2025
807StudioAED 1.18M · Oct 2024
808StudioAED 937K · Sep 2022
1–7 of 10

804, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 7 July 2022 for AED 937,500, last on 20 March 2024 for AED 1,120,000 (AED 2,166 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 8.0%.
  • 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 31 May 2025.

Questions about 804, Peninsula Five - Tower 3

What did unit 804 last sell for?

AED 1,120,000 on 20 March 2024: AED 2,166 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 937,500 in July 2022.

What is the rent for unit 804?

AED 90,000 a year on the contract signed on 31 May 2025. The previous contract, from May 2025, was AED 90,000.

How big is unit 804?

517 sqft (48.0 sqm): a studio on the 8th floor of a 36-storey tower completed in 2024.

What is unit 804 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.

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Mortgage on 804, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.12M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →