Studio · 541 sqftPeninsula Five - Tower 3, Business Bay · 12th floor · completed 2024

1207, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in April 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 1.17M26 April 2024
Current rentAED 80K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Peninsula Five - Tower 3

What is 1207 worth today?

Last sold for AED 1,170,000 in 2024

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15 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
9 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 186 per sqft
3 May 2025RentedNew contract
AED 93,000/yr12 months · AED 173 per sqft
26 Apr 2024SoldOff-plan
AED 1,170,000AED 2,161 per sqft
24 Aug 2022Sold by developerOff-plan
AED 1,047,060AED 1,934 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
12th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.17M · April 2024

About 1207, Peninsula Five - Tower 3

1207 is a studio of 541 sqft on the 12th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 26 April 2024 for AED 1,170,000, or AED 2,161 per sqft, in line with the AED 2,158 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 15 June 2026, is AED 80,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M202220242026Typical 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 1,047,060 (AED 1,934 per sqft)Sold, April 2024: AED 1,170,000 (AED 2,161 per sqft)

1207 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1207, each contractTypical studio in Peninsula Five - Tower 3
80K90K100K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, May 2025: AED 93,000 a yearNew contract, February 2026: AED 100,000 a yearNew contract, June 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 1207 sits

All 107 studios →

1207 last sold in April 2024 at AED 2,161 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,158). 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. 1207'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 12th floor

All 321 units in Peninsula Five - Tower 3
Value
12011-bedAED 2.45M · Jul 2025
12022-bedAED 3.55M · Sep 2026
12031-bedAED 1.67M · Jul 2022
1204StudioAED 1.11M · Dec 2023
1205StudioAED 986K · Jul 2022
12061-bedAED 1.41M · Jul 2022
1208StudioAED 1.24M · Dec 2024
1–7 of 10

1207, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 24 August 2022 for AED 1,047,060, last on 26 April 2024 for AED 1,170,000 (AED 2,161 per sqft).
  • Rented since May 2025 on 3 Ejari contracts, from AED 93,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.8%.
  • 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 15 June 2026.

Questions about 1207, Peninsula Five - Tower 3

What did unit 1207 last sell for?

AED 1,170,000 on 26 April 2024: AED 2,161 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 1,047,060 in August 2022.

What is the rent for unit 1207?

AED 80,000 a year on the contract signed on 15 June 2026. The previous contract, from February 2026, was AED 100,000; the unit has been rented since May 2025.

How big is unit 1207?

541 sqft (50.3 sqm): a studio on the 12th floor of a 36-storey tower completed in 2024.

What is unit 1207 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 1207, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.17M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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