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Peninsula Five - 3

Apartment 3 BR DAMAC Properties

ABOVE MARKET

Total Price

5,250,000

Rate

2,973 AED/sqft

Size

1,766 sqft

Comparable sales

View area trends

Rental context

Comparable 3-bedroom apartments in Business Bay rent for a median of 187,500/yr across 42 Ejari contracts in the last two years.

Median annual rent
187,500
Sale price (this txn)
5,250,000
Implied gross yield
3.6%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 2,973 AED/sqft, above market compared with the median of comparable apartment sales in Business Bay.

  • Comparable median: 1,557 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +91.0%.
  • Gifts and mortgages excluded.
highSale

Location context

Business Bay · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open Peninsula Five - 3 on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
Peninsula Five - 3, Business Bay
Sale date
04 May 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-15131
DLD AED/sqm
32,002(our derived AED/sqft: 2,973)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-15131
instance_date
2026-05-04
area_name_en
Business Bay
master_project_en
Business Bay
project_name_en
Peninsula Five
building_name_en
Peninsula Five - 3
property_type_en
Apartment
rooms
3 BR
size_sqft
1,766
actual_worth
AED 5,250,000
meter_sale_price
32,002 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 2
nearest_landmark_en
Downtown Dubai
nearest_metro_en
Business Bay Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗