Peninsula Five - 3
A 1 bed in Peninsula Five - 3 costs a median AED 2.15M, rents long-let for AED 135,000/yr (7.61% gross), and returns 7.86% short-let at the assumed 80% occupancy — +0.5 pts vs Business Bay's 7.14% and +0.6 pts vs Dubai's 6.97% — from 72 sales and 102 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 26 in 12 months
- Rental contracts · 1 bed
- 45 in 12 months
- Buy
- 2.15MAED
- AED 2,568/sqft
- Long-let
- 7.61%
- AED 135,000/yr
- Short-let
- 7.86%
- AED 743/night · 0.89/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.
Priced off 4 sales in the last 3 months.
- Yield spread
- +0.5 pts
- vs the Business Bay median for this unit type
- AED/yr/sqft
- AED 164
- Sales
- 72
- Rental contracts
- 102
- Renewal rent
- AED 135,000/yr
- 12 months
- -3.1%
- 3 years
- +19.1%+6.0%/yr
Based on 72 sales and 102 rental contracts in the last 24 months. Rental data covers the whole Peninsula Five project, not this tower alone.
Peninsula Five - 3 is an apartment building in Business Bay, Dubai, one of the towers in the Peninsula Five development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2022 to 2026, 1,066 registered sales in all — the 72 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Peninsula Five - 3, by year.
Chart data: Apr 2022, 2075 AED/sqft; latest, Jul 2026, 2431 AED/sqft; peak, Feb 2026, 2763 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Peninsula Five - 3
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.89 AED/night/sqft; latest Sep 2027, 0.56 AED/night/sqft; peak Dec 2026, 1.25 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Peninsula Five - 3 between 2022 and 2025 went for a median of AED 2,003/sqft (AED 1.59M). The same building resells today at AED 2,568/sqft (AED 2.15M) — an uplift of +41.1%.
Based on 424 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
48 resales in the last 12 months, against 68 a year on average over 2023–2025.
Sales
5 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Peninsula Five, on the same figures over the same window.
- Highest rental yields in Business Bay · Peninsula Five - 3 places 31st of 84
Common questions
- What is the rental yield in Peninsula Five - 3?
- Peninsula Five - 3 returns 7.61% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 102 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Peninsula Five - 3 cost?
- The median registered sale price is AED 2.15M (2,581 AED/sqft), from 72 Dubai Land Department sales in the last 24 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 6 months have a median of 2,568 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Peninsula Five - 3 risen or fallen?
- Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 72 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Peninsula Five - 3 compare with Business Bay?
- Its 7.61% gross yield sits +0.5 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.
Peninsula Five - 3 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 72 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/business-bay/peninsula-five-3
Cite as: Dubai Wealth Index. “Peninsula Five - 3 sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/peninsula-five-3.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.