Unit 1602, Peninsula Five: what it sold for and what it is worth now

Unit 1602 at Peninsula Five is a 2 bed of 1,353 sq ft. It last sold for AED 2,863,140 on 27 Jun 2022. At AED 2,623 per sq ft, from 19 sales of units ending 02 (same position in the tower), it is worth about AED 3,548,000 today.

Value todayAED 3,548,000AED 3,311,000 to AED 3,799,000
Last saleAED 2,863,14027 Jun 2022 · Off-plan
Change since last sale+23.9% 
Rent (median asking, 2 bed)AED 262,500Gross yield 7.4%
Bedrooms2 bed
Size1,353 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingPeninsula Five by Select Group, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1602

DatePriceSizeAED/sq ftType
27 Jun 2022AED 2,863,1401,353 sq ft2,116Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80213 Oct 2026AED 3,275,0001,353 sq ft2,421Resale
120215 Sep 2026AED 3,550,0001,376 sq ft2,580Resale
310227 Aug 2026AED 2,325,000876 sq ft2,654Resale
10213 Jul 2026AED 1,700,000817 sq ft2,081Resale
40213 Apr 2026AED 5,000,0001,974 sq ft2,533Resale
14023 Feb 2026AED 3,650,0001,353 sq ft2,698Resale
190223 Dec 2025AED 4,200,0001,353 sq ft3,104Resale
220222 Dec 2025AED 2,300,000877 sq ft2,623Resale

Latest 2 bed sales in Peninsula Five

UnitDatePriceSizeAED/sq ftType
80213 Oct 2026AED 3,275,0001,353 sq ft2,421Resale
120215 Sep 2026AED 3,550,0001,376 sq ft2,580Resale
20115 May 2026AED 2,435,1861,158 sq ft2,103Resale
40213 Apr 2026AED 5,000,0001,974 sq ft2,533Resale
G0118 Feb 2026AED 7,900,0002,344 sq ft3,370Resale
14023 Feb 2026AED 3,650,0001,353 sq ft2,698Resale
181029 Jan 2026AED 4,050,0001,307 sq ft3,099Resale
G1023 Jan 2026AED 7,300,0002,361 sq ft3,092Resale

How we worked out the value

We took the 19 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,623). We multiplied it by the size of this unit (1,353 sq ft). The range uses the middle half of those sales (AED 2,447 to AED 2,808 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 13 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1602 at Peninsula Five worth?

About AED 3,548,000 (range AED 3,311,000 to AED 3,799,000), based on AED 2,623 per sq ft from registered sales up to 13 Oct 2026.

When did unit 1602 last sell?

27 Jun 2022, for AED 2,863,140 (off-plan). It has 1 registered sale.

What rent can unit 1602 make?

A 2 bed in Peninsula Five rents for about AED 262,500 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

Sales alert for Peninsula FiveAll sales in Peninsula Five

Unit 1601 · Unit 1603