1005, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Peninsula Five - Tower 3
What is 1005 worth today?
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Source: Dubai Land Department. Updated 2 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 531 sqft
- Floor
- 10th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 967K · August 2022
- Building
- Peninsula Five - Tower 3
About 1005, Peninsula Five - Tower 3
1005 is a studio of 531 sqft on the 10th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. The developer sold it on 2 August 2022 for AED 967,300, or AED 1,820 per sqft, 5% below the AED 1,922 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Peninsula Five - Tower 3, and where 1005 sits
All 107 studios →1005 last sold in August 2022 at AED 1,820 per sqft, 5% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). Over the last 12 months studios sold for AED 1,360,000 to 1,525,000, around AED 2,763 per sqft, and rent for AED 48,503 to 105,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
Peninsula Five - Tower 3
Building321 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2024 by Select Global Development. 46 sold in the last 12 months.
- Typical price per sqft
- AED 2,648 Up 3.4%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.0%
Other units on the 10th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 820 sqft | AED 1.89MAED 1,890,000 · May 2024May 2024 | ||
| 1002 | 2-bed | 1,352 sqft | AED 2.85MAED 2,850,000 · Jun 2024June 2024 | ||
| 1003 | 1-bed | 875 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 150,000 /yr | |
| 1004 | Studio | 517 sqft | AED 1.15MAED 1,150,000 · Apr 2023April 2023 | 90,000 /yr | |
| 1006 | 1-bed | 702 sqft | AED 1.29MAED 1,292,400 · Jul 2022July 2022 | 110,000 /yr | |
| 1007 | Studio | 541 sqft | AED 986KAED 985,600 · Jul 2022July 2022 | 80,000 /yr | |
| 1008 | Studio | 515 sqft | AED 1.22MAED 1,220,000 · Jan 2025January 2025 | ||
| 1009 | 1-bed | 855 sqft | AED 1.85MAED 1,850,000 · Jun 2024June 2024 | 130,000 /yr | |
| 1010 | 2-bed | 1,305 sqft | AED 2.55MAED 2,550,500 · Jul 2022July 2022 | 180,000 /yr | |
| 1011 | 1-bed | 811 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 135,000 /yr |
1005, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 2 August 2022 for AED 967,300, or AED 1,820 per sqft.
- Studios in Peninsula Five - Tower 3 sold for AED 1,360,000–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 2,648 per sqft.
Source: Dubai Land Department. Updated 2 August 2022.
Questions about 1005, Peninsula Five - Tower 3
What did unit 1005 last sell for?
AED 967,300 on 2 August 2022, sold by the developer: AED 1,820 per sqft for 531 sqft. It is the only registered sale of the unit.
How big is unit 1005?
531 sqft (49.3 sqm): a studio on the 10th floor of a 36-storey tower completed in 2024.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,360,000 to 1,525,000 in the last 12 months, around AED 2,763 per sqft.
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Mortgage on 1005, Peninsula Five - Tower 3
Starts from the last sale price (AED 967K, 2 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 967,300
- Deposit, UAE resident (20%)
- AED 193,460
- Deposit, non-resident (40%)
- AED 386,920
- Monthly over 25 years at 3.7%
- AED 3,958
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →