Peninsula Five - Tower 1
One-beds to four-beds in Business Bay. 5 apartments sold in the last 12 months; every sale, rent and unit is below.
About Peninsula Five - Tower 1
Peninsula Five - Tower 1 is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. Select Global Development completed it in 2024. The building has four storeys and 30 apartments, from one-bedroom to four-bedroom, ranging from 782 to 4,728 sqft. It stands alongside Peninsula Five - Tower 2, Peninsula Five - Tower 3 and Peninsula One. Business Bay metro station (Red Line) is about 1.1 km away, on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north. Several everyday places are within walking distance. F Mart Express in Burlington Tower is about 300 m away, Canadian Kids Nursery Business Bay about 400 m, and Fitness Hub about 500 m.
30 apartments over 4 floors: 3 one-beds of 782 to 1,209 sqft, 8 two-beds of 1,623 to 2,368 sqft, 17 three-beds of 1,805 to 2,787 sqft and 2 four-beds of 4,710 to 4,728 sqft.
5 apartments sold in the 12 months to November 2026, at a median of AED 2,532 per sqft. Most of the trading is in three-beds: 3 of the 5 sales, at AED 4,400,000 to 10,980,000. 9 rental contracts were registered over the same 12 months, at a typical AED 385,000 a year.
- Developer
- Select Global Development
- Completed
- 2024
- Floors
- 4
- Units
- 30
- Unit types
- 1-bed to 4-bed
Average prices in Peninsula Five - Tower 1
In Peninsula Five - Tower 1, typical sale prices over the last 12 months were around AED 6,450,000 for two-beds and AED 4,500,000 for three-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Peninsula Five - Tower 1
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Peninsula Five - Tower 1
- Completed3-bed · 1,805 sqft 21 Jul 2026AED 4,400,0002,438 /sqft
- Completed2-bed · 1,974 sqft 13 Apr 2026AED 5,000,0002,533 /sqft
- Completed3-bed · 1,806 sqft 11 Mar 2026AED 4,500,0002,490 /sqft
- Completed2-bed · 2,344 sqft 18 Feb 2026AED 7,900,0003,370 /sqft
- Completed3-bed · 2,786 sqft 09 Feb 2026AED 10,980,0003,940 /sqft
- Completed3-bed · 2,088 sqft 17 Sep 2025AED 4,560,0002,183 /sqft
- Completed3-bed · 2,255 sqft 14 Jul 2025AED 13,500,0005,986 /sqft
- Completed3-bed · 2,166 sqft 02 Jul 2025AED 7,600,0003,508 /sqft
- Completed3-bed · 2,375 sqft 23 Jun 2025AED 7,900,0003,325 /sqft
- Completed3-bed · 2,079 sqft 17 Apr 2025AED 5,700,0002,741 /sqft
Over the last 12 months, Peninsula Five - Tower 1 has recorded 5 apartment sales. Typical homes sold for around AED 5M (about AED 2,532 per sqft) with a median size of 1,974 sqft; most were three-beds, from roughly AED 4.4M to AED 10.98M.
Units in Peninsula Five - Tower 1
30 units- Unit 2013-bed · 2,361 sqftSold AED 5.23M, Aug 2022
- Unit 2022-bed · 1,978 sqftSold AED 5.15M, Apr 2024
- Unit 2033-bed · 2,787 sqftSold AED 10.98M, Feb 2026
- Unit 2043-bed · 2,579 sqftSold AED 5.54M, Aug 2022
- Unit 2053-bed · 2,255 sqftSold AED 13.5M, Jul 2025
- Unit 2063-bed · 2,166 sqftSold AED 7.6M, Jul 2025
- Unit 2073-bed · 2,080 sqftSold AED 5.7M, Apr 2025
- Unit 2081-bed · 782 sqftSold AED 1.52M, Jul 2022
- Unit 2091-bed · 851 sqftSold AED 1.63M, May 2024
- Unit 2103-bed · 2,089 sqftSold AED 4.56M, Sep 2025
Nearby buildings in Business Bay
All 187 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Peninsula Five - Tower 3 | 2024 | AED 2,648 | AED 158 | 6.0% |
| Peninsula Five - Tower 2 | 2024 | AED 2,878 | AED 171 | 5.9% |
| Peninsula One | 2024 | AED 2,715 | AED 180 | 6.6% |
| Jumeirah Living Business Bay | 2025 | AED 4,008 | AED 230 | 5.7% |
| Peninsula Four Tower A | 2026 | AED 2,549 | AED 153 | 6.0% |
| Peninsula Four Lofts A | 2026 | Few sales | ||
| Peninsula Four Tower B | 2026 | AED 2,500 | AED 157 | 6.3% |
| Peninsula Four Tower V3 | 2026 | Few sales | ||
| Peninsula Four Lofts B | 2026 | Few sales | ||
| The Burlington | 2013 | Few sales |
Peninsula Five - Tower 1 in numbers
- Across 5 DLD sales in the 12 months to November 2026, the median price in Peninsula Five - Tower 1 was AED 2,532 per sqft and the typical home sold for about AED 5M.
- Completed in 2024 by Select Global Development; 4 floors of one-beds to four-beds.
- Three-beds of 1,805 to 2,787 sqft sold for AED 4,400,000 to 10,980,000 between February 2026 and July 2026, a median AED 2,490 per sqft.
- A two-bed of 1,623 to 2,368 sqft rents for AED 226,000 to 470,000 a year on the 4 contracts registered in the last 12 months.
- Gross rental yield 6.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 November 2026.
Questions about Peninsula Five - Tower 1
How much does a three-bed in Peninsula Five - Tower 1 cost?
3 three-beds sold in the 12 months to November 2026, for AED 4,400,000 to 10,980,000; the median was AED 4,500,000, or AED 2,490 per sqft.
How much is a two-bed for rent in Peninsula Five - Tower 1?
About AED 363,000 a year: that is the median of the 4 contracts for two-beds registered with Ejari in the 12 months to November 2026, from AED 226,000 to 470,000.
What is the rental yield in Peninsula Five - Tower 1?
About 6.4% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Who built Peninsula Five - Tower 1 and when?
Select Global Development; completed in 2024; 4 floors; 30 apartments.
How many apartments are there in Peninsula Five - Tower 1?
30, one-beds to four-beds. Each has its own page with its full sales and rental history.
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