Unit 1604, Peninsula Five: what it sold for and what it is worth now

Unit 1604 at Peninsula Five is a studio of 515 sq ft. It last sold for AED 1,027,845 on 27 Jun 2022. At AED 2,655 per sq ft, from 8 sales of units ending 04 (same position in the tower), it is worth about AED 1,368,000 today.

Value todayAED 1,368,000AED 1,284,000 to AED 1,437,000
Last saleAED 1,027,84527 Jun 2022 · Off-plan
Change since last sale+33.1% 
Rent (median asking, studio)AED 90,000Gross yield 6.6%
Bedroomsstudio
Size515 sq ft
Floor16 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingPeninsula Five by Select Group, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1604

DatePriceSizeAED/sq ftType
27 Jun 2022AED 1,027,845515 sq ft1,996Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11048 Jan 2026AED 1,440,000515 sq ft2,796Resale
360418 Nov 2025AED 4,050,0001,595 sq ft2,539Resale
31045 Aug 2025AED 1,469,020530 sq ft2,772Resale
180417 Jun 2025AED 1,450,000515 sq ft2,816Resale
30417 Mar 2025AED 1,280,000515 sq ft2,485Resale
40417 Mar 2025AED 5,400,0001,936 sq ft2,789Resale
35045 Mar 2025AED 3,880,0001,595 sq ft2,433Resale
27046 Feb 2025AED 1,330,000533 sq ft2,495Resale

Latest studio sales in Peninsula Five

UnitDatePriceSizeAED/sq ftType
22069 Jul 2026AED 1,425,000543 sq ft2,624Resale
70725 Mar 2026AED 1,495,000541 sq ft2,763Resale
270320 Jan 2026AED 1,525,000517 sq ft2,950Resale
11048 Jan 2026AED 1,440,000515 sq ft2,796Resale
90723 Dec 2025AED 1,470,000541 sq ft2,717Resale
24073 Dec 2025AED 1,500,000517 sq ft2,901Resale
310629 Aug 2025AED 1,385,000543 sq ft2,551Resale
31045 Aug 2025AED 1,469,020530 sq ft2,772Resale

How we worked out the value

We took the 8 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,655). We multiplied it by the size of this unit (515 sq ft). The range uses the middle half of those sales (AED 2,493 to AED 2,791 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 1604 at Peninsula Five worth?

About AED 1,368,000 (range AED 1,284,000 to AED 1,437,000), based on AED 2,655 per sq ft from registered sales up to 13 Oct 2026.

When did unit 1604 last sell?

27 Jun 2022, for AED 1,027,845 (off-plan). It has 1 registered sale.

What rent can unit 1604 make?

A studio in Peninsula Five rents for about AED 90,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Peninsula FiveAll sales in Peninsula Five

Unit 1603 · Unit 1605