Unit 2303, Peninsula Five: what it sold for and what it is worth now

Unit 2303 at Peninsula Five is a studio of 517 sq ft. It last sold for AED 1,200,000 on 6 Dec 2024. At AED 2,623 per sq ft, from 13 sales of units ending 03 (same position in the tower), it is worth about AED 1,356,000 today.

Value todayAED 1,356,000AED 1,247,000 to AED 1,474,000
Last saleAED 1,200,0006 Dec 2024 · Off-plan
Change since last sale+13.0%Building trend alone: AED 1,217,229
Rent (median asking, studio)AED 90,000Gross yield 6.6%
Bedroomsstudio
Size517 sq ft
Floor23 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingPeninsula Five by Select Group, handed over 2024
Registered sales of this unit2

Every registered sale of unit 2303

DatePriceSizeAED/sq ftType
6 Dec 2024AED 1,200,000517 sq ft2,321Off-plan
5 Jul 2022AED 1,006,900517 sq ft1,948Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
190324 Jul 2026AED 2,300,000877 sq ft2,623Resale
60310 Feb 2026AED 2,210,000877 sq ft2,520Resale
2039 Feb 2026AED 10,980,0002,787 sq ft3,940Resale
270320 Jan 2026AED 1,525,000517 sq ft2,950Resale
360310 Nov 2025AED 2,300,000811 sq ft2,836Resale
170310 Aug 2025AED 2,550,000878 sq ft2,904Resale
18033 Jun 2025AED 2,500,000877 sq ft2,851Resale
8038 May 2025AED 2,115,000877 sq ft2,412Resale

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 13 resale sales of units ending 03 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 (517 sq ft). The range uses the middle half of those sales (AED 2,412 to AED 2,851 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,217,229. 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 2303 at Peninsula Five worth?

About AED 1,356,000 (range AED 1,247,000 to AED 1,474,000), based on AED 2,623 per sq ft from registered sales up to 13 Oct 2026.

When did unit 2303 last sell?

6 Dec 2024, for AED 1,200,000 (off-plan). It has 2 registered sales.

What rent can unit 2303 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 2302 · Unit 2304