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Peninsula Five - 3

A 1 bed in Peninsula Five - 3 costs a median AED 2.17M, rents long-let for AED 134,000/yr (6.2% gross), and returns 6.7% short-term at the assumed 70% occupancy.

Satellite view of Peninsula Five - 3, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

2.17MAED

AED 2,589/sqft · -1.7% on a year

Rent a year
AED 134,000
Gross yield
6.2%
vs Business Bay
30% above the median
Cost to buy, all inAED 2.31M
Price
AED 2.17M
DLD fee 4%
AED 86,900
Agent 2% + VAT
AED 45,623
Trustee
AED 4,200

Fees repaid by rent12 months

Against this building’s registered sales of the same type.

Ask about Peninsula Five - 3 →

Is Peninsula Five - 3 a good investment?Lots of new supply is coming

  1. Does it pay a good rent?6.2% gross, before the service charge (not on file) (Dubai median 6.8%)6.2%Fair
  2. Are rents going up?New 1 bed leases: AED 135,000 a year ago, AED 134,000 now (pooled across the project)-0.7%
  3. Are prices going up?1 bed: AED 2,634/sqft a year ago, 2,589 now-1.7%Fair
  4. How fast do fees pay back?AED 136,723 in fees to buy a 1 bed; rent covers it in 1.0 years1.0 yrs
  5. Can I sell easily?42 sales in 12 months (89 the year before)42
  6. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  7. Did earlier buyers gain?Up 35% for launch buyers, before fees+34.9%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Peninsula Five - 3 prices and rents by unit typeA one-bed costs about AED 2.17M and rents for about AED 134,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 1.48M2,781/sqftlaunch 1,922 +44.7%5.7%-1.1 ptsAED 85,00041 contracts+11.8%6
1 bedAED 2.17M2,589/sqftlaunch 1,978 +30.9%6.2%-0.4 ptsAED 134,00048 contracts-1.7%24
2 bedAED 4.05M2,698/sqftlaunch 1,956 +37.9%5.6%-0.8 ptsAED 225,00021 contracts+10.4%9
3 bedAED 4.85M2,823/sqft6.5%+0.0 ptsAED 315,00024 contractsunder 5 sales in a year3
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

3 years
+21.2% · +6.6%/yr
vs area median
+30.4%
Rank by price per sqft
28th of 121

Rental income

1 bed · Business Bay

Median new rent
AED 134,000/yr
Yield vs area median
-0.4 pts
Yield vs Dubai (6.8%)
-0.6 pts
Yield rank
54th of 76
Renewal rent
AED 135,000/yr

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 743
Net revenue
AED 146,338/yr
vs long-let rent
1.1×
Listings seen
14+

Read with care

  • Rental data covers the whole Peninsula Five project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Apr 2022, AED 1,718,550; latest, Oct 2026, AED 2,100,000; peak, Jul 2025, AED 2,449,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,637 · before fees

Launch, 2022–25
1,954
+35%
3 years ago
2,136
+23%
Previous 12 months
2,561
+3%
Last 12 months
2,637
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

42 resales in the last 12 months, against 67 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
12 Oct 20261 bed816AED 2,050,0002,513
28 Sept 20261 bed811AED 2,150,0002,653
15 Sept 20262 bed1,376AED 3,550,0002,580
27 Aug 20261 bed876AED 2,325,0002,655
24 Jul 20261 bed877AED 2,300,0002,621
13 Jul 20261 bed817AED 1,700,0002,081
9 Jul 2026Studio543AED 1,425,0002,625
26 Jun 20261 bed698AED 1,850,0002,649
18 Jun 20261 bed677AED 1,240,0001,831
15 May 20262 bed1,158AED 2,435,1862,103

42 resales in the last 12 months.

Short-term rates around Peninsula Five - 3

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio3+ listings seen5841.10/sqftAED 117,142AED 85,0001.4×7.9%
1 bed14+ listings seen7430.89/sqftAED 146,338AED 134,0001.1×6.7%
2 bed1+ listings seen1,1330.75/sqftAED 219,323AED 225,0001.0×5.4%
Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Peninsula Five - 3 places 38th of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
34Al Habtoor Tower90% · Q4 2026 · off-plan 2,648/sqftAED 3.44M2,733+3.6%4.5%+5.8%205
35Binghatti Aquarise - TOWER D21% · Q4 2026 · off-plan 2,658/sqftAED 2.17M2,662+0.9%—+0.4%132
36Peninsula ThreeCompleted 2026 · off-plan 2,205/sqftAED 1.74M2,656+0.7%5.8%+2.2%164
37One River Point12% · Q2 2027 · off-plan 2,642/sqftAED 3.64M2,653+0.6%—-0.6%96
38Peninsula Five - 3 · this buildingCompleted 2024 · off-plan 2,003/sqftAED 2.23M2,6376.0%+2.9%42
39Binghatti Aquarise - TOWER C21% · Q4 2026 · off-plan 2,630/sqftAED 1.41M2,623-0.5%—-0.4%119
40Binghatti Aquarise - TOWER A21% · Q4 2026 · off-plan 2,622/sqftAED 2.01M2,618-0.7%—-3.5%130
4115 Northside - Tower 1Completed 2023 · off-plan 1,753/sqftAED 1.07M2,606-1.2%8.4%+5.0%21
42The Crestmark25% · off-plan 2,716/sqftAED 2.79M2,598-1.5%—-3.9%22

Rank 1 is the dearest per square foot. Differences are against Peninsula Five - 3 (AED 2,637/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Peninsula Five - 3 has registered sale prices 30% above the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 28th of 121 by price per square foot and 54th of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Peninsula Five - 3

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Peninsula Five towers

3 towers in Peninsula Five, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Peninsula Five - 1—none—AED 134,000project pool—
Peninsula Five - 2—1 sale, too few—AED 134,000project pool—
Peninsula Five - 3 · this buildingAED 2.17M24 sales2,589AED 134,000project pool6.2%

Ejari files Peninsula Five’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Business Bay: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
15 Northside2 towers · rent filed for the projectAED 96,50064 contractsAED 1.50M14 sales2,4056.5%
Al Habtoor City3 towers · rent filed for the projectAED 105,000139 contractsAED 1.70M27 sales1,9146.2%
Aykon City 32 towers—noneAED 1.86M22 sales2,371—
Bay Square11 towers · rent filed for the projectAED 117,50044 contractsAED 1.70M26 sales1,2686.9%
Binghatti Aquarise5 towers—noneAED 2.21M268 sales2,630—
Binghatti Skyrise3 towers—noneAED 2.54M101 sales2,894—
DAMAC Towers by Paramount4 towers · rent filed for the projectAED 100,000171 contractsAED 1.44M72 sales1,4856.9%
J One2 towers · rent filed for the projectAED 105,00014 contractsAED 1.57M7 sales1,7706.7%
Peninsula Five · this development3 towers · rent filed for the projectAED 134,00048 contractsAED 2.17M25 sales2,5946.2%
Prive by DAMAC2 towers · rent filed for the projectAED 103,50080 contractsAED 1.70M10 sales1,8386.1%
Royal Regency Suites2 towers—noneAED 1.54M40 sales2,203—
The Atria2 towers · rent filed for the projectAED 93,00026 contractsAED 1.45M7 sales1,5516.4%
All of Business Bayevery building, in a project or notAED 90,0004,338 contractsAED 2.00M2,774 sales2,4244.5%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.

About Peninsula Five - 3

Peninsula Five - 3 is an apartment building completed in 2024 by Select Global in Business Bay. 530 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Master developer
Select Global

Drive times · typical

Downtown
10 min · 3.1 km
DXB Airport
16 min · 15 km
DIFC
8 min · 6.4 km
Dubai Marina
20 min · 20 km
Palm Jumeirah
26 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Peninsula Five - 3: AED 2,637 per sq ft, 29% above the median Business Bay building, and a 6.0% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Peninsula Five - 3AED 2,637
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Peninsula Five - 3Business Bay median building

  1. Business Bay6.0% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

More from Select Global

Prices per sq ft around Peninsula Five - 3, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Peninsula Five - 3 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Peninsula Five - 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
9,660AED
4.5% over 25 years
Monthly rent
11,167AED
AED 134,000 a year
Cash needed at purchase
595,948AED
20% down plus AED 161,448 in fees

Owning costs AED 477,034 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Peninsula Five - 3

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Common questions

What is the rental yield in Peninsula Five - 3?
Peninsula Five - 3 returns 6.2% gross: a median new-contract rent of AED 134,000 a year (48 Ejari contracts in 12 months) over a price benchmark of AED 2.17M (median of 24 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Peninsula Five - 3 cost?
The median registered sale price is AED 2.17M (2,589 AED/sqft), from 24 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Peninsula Five - 3 selling for right now?
Registered sales of ready units in Peninsula Five - 3 over the last 12 months have a median of 2,589 AED/sqft, across 24 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Peninsula Five - 3 risen or fallen?
Median price per square foot moved -1.7% over the last 12 months against the 12 before it, on 24 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Peninsula Five - 3 compare with Business Bay?
Its 6.2% gross yield sits -0.4 pts against the Business Bay median of 6.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Peninsula Five - 3 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
24 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/business-bay/peninsula-five-3
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Peninsula Five - 3 sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/peninsula-five-3

Stable dataJSON