Studio · 541 sqftPeninsula Five - Tower 3, Business Bay · 10th floor · completed 2024

1007, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 986K18 July 2022
Current rentAED 80K /yr9 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Peninsula Five - Tower 3

What is 1007 worth today?

Last sold for AED 985,600 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2026RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
10 May 2025RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
18 Jul 2022Sold by developerOff-plan
AED 985,600AED 1,821 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
10th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 986K · July 2022

About 1007, Peninsula Five - Tower 3

1007 is a studio of 541 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 18 July 2022 for AED 985,600, or AED 1,821 per sqft, 5% below the AED 1,919 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 9 January 2026, is AED 80,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, July 2022: AED 985,600 (AED 1,821 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Peninsula Five - Tower 3
80K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, May 2025: AED 75,000 a yearNew contract, January 2026: AED 80,000 a year

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 1007 sits

All 107 studios →

1007 last sold in July 2022 at AED 1,821 per sqft, 5% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,919). 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. 1007's AED 80,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio sales in the last 12 months

Peninsula Five - Tower 3

Building

321 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%
Peninsula Five - Tower 3, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 321 units in Peninsula Five - Tower 3
Value
10011-bedAED 1.89M · May 2024
10022-bedAED 2.85M · Jun 2024
10031-bedAED 1.8M · Jun 2024
1004StudioAED 1.15M · Apr 2023
1005StudioAED 967K · Aug 2022
10061-bedAED 1.29M · Jul 2022
1008StudioAED 1.22M · Jan 2025
1–7 of 10

1007, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 18 July 2022 for AED 985,600, or AED 1,821 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.1%.
  • 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 9 January 2026.

Questions about 1007, Peninsula Five - Tower 3

What did unit 1007 last sell for?

AED 985,600 on 18 July 2022, sold by the developer: AED 1,821 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 80,000 a year on the contract signed on 9 January 2026. The previous contract, from May 2025, was AED 75,000.

How big is unit 1007?

541 sqft (50.3 sqm): a studio on the 10th floor of a 36-storey tower completed in 2024.

What is unit 1007 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.

Selling 1007? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1007, Peninsula Five - Tower 3

Starts from the last sale price (AED 986K, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 985,600
Deposit, UAE resident (20%)
AED 197,120
Deposit, non-resident (40%)
AED 394,240
Monthly over 25 years at 3.7%
AED 4,032

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