1-bed · 875 sqftPeninsula Five - Tower 3, Business Bay · 14th floor · completed 2024

1403, 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.

Unit 1403 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 1.64M24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Peninsula Five - Tower 3

What is 1403 worth today?

Last sold for AED 1,641,700 in 2022

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24 Aug 2022Sold by developerOff-plan
AED 1,641,700AED 1,875 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
14th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.64M · August 2022

About 1403, Peninsula Five - Tower 3

1403 is a one-bedroom apartment of 875 sqft on the 14th 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 24 August 2022 for AED 1,641,700, or AED 1,875 per sqft, 4% below the AED 1,962 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Peninsula Five - Tower 3
2M202220242026Typical sale price by year: 2022 AED 1,670,300; 2023 AED 1,760,793; 2024 AED 1,790,000; 2025 AED 2,200,000; 2026 AED 2,150,000Sold by developer, August 2022: AED 1,641,700 (AED 1,875 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Peninsula Five - Tower 3
120K140K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Five - Tower 3, and where 1403 sits

All 138 1-beds →

1403 last sold in August 2022 at AED 1,875 per sqft, 4% below what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,962). Over the last 12 months one-beds sold for AED 1,240,000 to 2,496,071, around AED 2,598 per sqft, and rent for AED 95,000 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20262,250,000
12 Oct 20262,050,000
25 Sep 20262,150,000
27 Aug 20262,325,000
24 1-bed 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 14th floor

All 321 units in Peninsula Five - Tower 3
Value
14011-bedAED 1.69M · Oct 2022
14022-bedAED 3.65M · Feb 2026
1404StudioAED 969K · Jul 2022
1405StudioAED 989K · Aug 2022
14061-bedAED 1.32M · Jul 2022
1407StudioAED 1.17M · Feb 2024
1408StudioAED 968K · Sep 2022
1–7 of 10

1403, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 24 August 2022 for AED 1,641,700, or AED 1,875 per sqft.
  • One-beds in Peninsula Five - Tower 3 sold for AED 1,240,000–2,496,071 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 24 August 2022.

Questions about 1403, Peninsula Five - Tower 3

What did unit 1403 last sell for?

AED 1,641,700 on 24 August 2022, sold by the developer: AED 1,875 per sqft for 875 sqft. It is the only registered sale of the unit.

How big is unit 1403?

875 sqft (81.3 sqm): a one-bedroom apartment on the 14th floor of a 36-storey tower completed in 2024.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Five - Tower 3 sold for AED 1,240,000 to 2,496,071 in the last 12 months, around AED 2,598 per sqft.

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Mortgage on 1403, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.64M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,641,700
Deposit, UAE resident (20%)
AED 328,340
Deposit, non-resident (40%)
AED 656,680
Monthly over 25 years at 3.7%
AED 6,717

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