Studio · 515 sqftPeninsula Five - Tower 3, Business Bay · 10th floor · completed 2024

1008, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 1.22M20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Peninsula Five - Tower 3

What is 1008 worth today?

Last sold for AED 1,220,000 in 2025

Unlock today's estimate, updated daily, with

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

20 Jan 2025SoldOff-plan
AED 1,220,000AED 2,367 per sqft
2 Aug 2022Sold by developerOff-plan
AED 947,300AED 1,832 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
10th of 36
Parking
B1-164
Developer
Select Global Development
Completed
2024
Last sold
AED 1.22M · January 2025

About 1008, Peninsula Five - Tower 3

1008 is a studio of 515 sqft on the 10th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 20 January 2025 for AED 1,220,000, or AED 2,367 per sqft, in line with the AED 2,335 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, August 2022: AED 947,300 (AED 1,832 per sqft)Sold, January 2025: AED 1,220,000 (AED 2,367 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000

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 1008 sits

All 107 studios →

1008 last sold in January 2025 at AED 2,367 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,335). 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 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
1007StudioAED 986K · Jul 2022
1–7 of 10

1008, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 2 August 2022 for AED 947,300, last on 20 January 2025 for AED 1,220,000 (AED 2,367 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 20 January 2025.

Questions about 1008, Peninsula Five - Tower 3

What did unit 1008 last sell for?

AED 1,220,000 on 20 January 2025: AED 2,367 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 947,300 in August 2022.

How big is unit 1008?

515 sqft (47.8 sqm): a studio on the 10th floor of a 36-storey tower completed in 2024.

What is unit 1008 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 1008? 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 1008, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.22M, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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