1407, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in February 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Peninsula Five - Tower 3
What is 1407 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 14th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.17M · February 2024
- Building
- Peninsula Five - Tower 3
About 1407, Peninsula Five - Tower 3
1407 is a studio of 541 sqft on the 14th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 27 February 2024 for AED 1,170,000, or AED 2,161 per sqft, in line with the AED 2,154 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 May 2026, is AED 70,000 a year: a gross yield of 6.0% on the 2024 price.
Sales and rents for 1407 over time
1407 has sold twice; 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 1407 sits
All 107 studios →1407 last sold in February 2024 at AED 2,161 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,154). 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. 1407's AED 70,000 is in the lower half of that range.
| 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 14th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 820 sqft | AED 1.69MAED 1,687,200 · Oct 2022October 2022 | 120,000 /yr | |
| 1402 | 2-bed | 1,353 sqft | AED 3.65MAED 3,650,000 · Feb 2026February 2026 | 170,000 /yr | |
| 1403 | 1-bed | 875 sqft | AED 1.64MAED 1,641,700 · Aug 2022August 2022 | ||
| 1404 | Studio | 517 sqft | AED 969KAED 968,600 · Jul 2022July 2022 | 95,000 /yr | |
| 1405 | Studio | 531 sqft | AED 989KAED 988,600 · Aug 2022August 2022 | ||
| 1406 | 1-bed | 702 sqft | AED 1.32MAED 1,320,500 · Jul 2022July 2022 | ||
| 1408 | Studio | 517 sqft | AED 968KAED 968,000 · Sep 2022September 2022 | ||
| 1409 | 1-bed | 855 sqft | AED 1.66MAED 1,661,800 · Sep 2022September 2022 | ||
| 1410 | 2-bed | 1,305 sqft | AED 2.6MAED 2,602,700 · Sep 2022September 2022 | 195,000 /yr | |
| 1411 | 1-bed | 812 sqft | AED 1.67MAED 1,671,700 · Nov 2022November 2022 | 140,000 /yr |
1407, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 2 August 2022 for AED 1,007,300, last on 27 February 2024 for AED 1,170,000 (AED 2,161 per sqft).
- Rented since April 2025 on 3 Ejari contracts. The rent fell from AED 76,000 to AED 60,000 in 2026 and recovered to AED 70,000 by May 2026.
- At AED 70,000 a year the gross yield on the 2024 price is 6.0%.
- 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 1 May 2026.
Questions about 1407, Peninsula Five - Tower 3
What did unit 1407 last sell for?
AED 1,170,000 on 27 February 2024: AED 2,161 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 1,007,300 in August 2022.
What is the rent for unit 1407?
AED 70,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2026, was AED 60,000; the unit has been rented since April 2025.
How big is unit 1407?
541 sqft (50.3 sqm): a studio on the 14th floor of a 36-storey tower completed in 2024.
What is unit 1407 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 1407, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.17M, 27 February 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 →