406, Peninsula Five - Tower 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Peninsula Five - Tower 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 4,728 sqft
- Floor
- 4th of 4
- Parking
- B1-267,B1-268
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 9.68M · November 2022
- Building
- Peninsula Five - Tower 1
About 406, Peninsula Five - Tower 1
406 is a four-bedroom apartment of 4,728 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 10 November 2022 for AED 9,678,800, or AED 2,051 per sqft.
One Ejari contract is registered, from 26 August 2025. The current contract, signed on 26 August 2025, is AED 900,000 a year: a gross yield of 9.3% on the 2022 price.
4-beds in Peninsula Five - Tower 1, and where 406 sits
All 2 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202224 August 2022 | 4,710 sqft | 9,672,900 | 2,053 |
Peninsula Five - Tower 1
Building30 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%
Other units on the 4th floor
All 30 units in Peninsula Five - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,286 sqft | AED 5.64MAED 5,643,722 · Sep 2022September 2022 | ||
| 402 | 2-bed | 1,974 sqft | AED 5MAED 5,000,000 · Apr 2026April 2026 | 325,000 /yr | |
| 403 | 3-bed | 2,726 sqft | AED 3.54MAED 3,544,305 · Jul 2022July 2022 | ||
| 404 | 2-bed | 1,934 sqft | AED 4.97MAED 4,965,700 · Jul 2022July 2022 | ||
| 405 | 4-bed | 4,710 sqft | AED 9.67MAED 9,672,900 · Aug 2022August 2022 |
406, Peninsula Five - Tower 1 in numbers
- Sold once: by Select Global Development on 10 November 2022 for AED 9,678,800, or AED 2,051 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 900,000 a year.
- At AED 900,000 a year the gross yield on the 2022 price is 9.3%.
Source: Dubai Land Department. Updated 26 August 2025.
Questions about 406, Peninsula Five - Tower 1
What did unit 406 last sell for?
AED 9,678,800 on 10 November 2022, sold by the developer: AED 2,051 per sqft for 4,728 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 900,000 a year on the contract signed on 26 August 2025.
How big is unit 406?
4,728 sqft (439.2 sqm): a four-bedroom apartment on the 4th floor of a 4-storey tower completed in 2024.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 406, Peninsula Five - Tower 1
Starts from the last sale price (AED 9.68M, 10 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 9,678,800
- Deposit, UAE resident (20%)
- AED 1,935,760
- Deposit, non-resident (40%)
- AED 3,871,520
- Monthly over 25 years at 3.7%
- AED 39,599
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →