3-bed · 2,286 sqftPeninsula Five - Tower 1, Business Bay · 4th floor · completed 2024

401, Peninsula Five - Tower 1

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 5.64M14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Peninsula Five - Tower 1

What is 401 worth today?

Last sold for AED 5,643,722 in 2022

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14 Sep 2022Sold by developerOff-plan
AED 5,643,722AED 2,468 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
3-bed apartment
Size
2,286 sqft
Floor
4th of 4
Parking
2
Developer
Select Global Development
Completed
2024
Last sold
AED 5.64M · September 2022

About 401, Peninsula Five - Tower 1

401 is a three-bedroom apartment of 2,286 sqft on the 4th floor of Peninsula Five - Tower 1, a 4-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 14 September 2022 for AED 5,643,722, or AED 2,468 per sqft, 30% above the AED 1,903 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Peninsula Five - Tower 1
4M6M202220242026Typical sale price by year: 2022 AED 4,748,800; 2024 AED 7,407,500; 2025 AED 7,050,000; 2026 AED 4,500,000Sold by developer, September 2022: AED 5,643,722 (AED 2,468 per sqft)

401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 401, each contractTypical three-bed in Peninsula Five - Tower 1
420K440K202520262027Typical rent by year: 2025 AED 436,000; 2026 AED 410,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Peninsula Five - Tower 1, and where 401 sits

All 17 3-beds →

401 last sold in September 2022 at AED 2,468 per sqft, 30% above what three-beds in Peninsula Five - Tower 1 were fetching at the time (AED 1,903). Over the last 12 months three-beds sold for AED 4,400,000 to 10,980,000, around AED 2,490 per sqft, and rent for AED 385,000 to 418,837 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Jul 20264,400,000
11 Mar 20264,500,000
9 Feb 202610,980,000
17 Sep 20254,560,000
3 3-bed sales in the last 12 months

Peninsula Five - Tower 1

Building

30 apartments, 1-bed to 4-bed over 4 floors in Business Bay, completed in 2024 by Select Global Development. 5 sold in the last 12 months.

Typical price per sqft
AED 2,532
Typical sale
AED 5M
Typical rent
AED 385K /yr
Typical yield
6.4%
Peninsula Five - Tower 1, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 30 units in Peninsula Five - Tower 1
Value
4022-bedAED 5M · Apr 2026
4033-bedAED 3.54M · Jul 2022
4042-bedAED 4.97M · Jul 2022
4054-bedAED 9.67M · Aug 2022
4064-bedAED 9.68M · Nov 2022

401, Peninsula Five - Tower 1 in numbers

  • Sold once: by Select Global Development on 14 September 2022 for AED 5,643,722, or AED 2,468 per sqft.
  • Three-beds in Peninsula Five - Tower 1 sold for AED 4,400,000–10,980,000 in the 12 months to November 2026; the building's median across all types is AED 2,532 per sqft.

Source: Dubai Land Department. Updated 14 September 2022.

Questions about 401, Peninsula Five - Tower 1

What did unit 401 last sell for?

AED 5,643,722 on 14 September 2022, sold by the developer: AED 2,468 per sqft for 2,286 sqft. It is the only registered sale of the unit.

How big is unit 401?

2,286 sqft (212.4 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Peninsula Five - Tower 1 sold for AED 4,400,000 to 10,980,000 in the last 12 months, around AED 2,490 per sqft.

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Mortgage on 401, Peninsula Five - Tower 1

Starts from the last sale price (AED 5.64M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,643,722
Deposit, UAE resident (20%)
AED 1,128,744
Deposit, non-resident (40%)
AED 2,257,489
Monthly over 25 years at 3.7%
AED 23,090

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →