1-bed · 855 sqftPeninsula Five - Tower 3, Business Bay · 14th floor · completed 2024

1409, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.66M14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Peninsula Five - Tower 3

What is 1409 worth today?

Last sold for AED 1,661,800 in 2022

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14 Sep 2022Sold by developerOff-plan
AED 1,661,800AED 1,944 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
14th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.66M · September 2022

About 1409, Peninsula Five - Tower 3

1409 is a one-bedroom apartment of 855 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 14 September 2022 for AED 1,661,800, or AED 1,944 per sqft, in line with 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 1409 over time

Sales
Unit 1409, each saleTypical one-bed in Peninsula Five - Tower 3
1.75M2M2.25M202220242026Typical 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, September 2022: AED 1,661,800 (AED 1,944 per sqft)

1409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, 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 1409 sits

All 138 1-beds →

1409 last sold in September 2022 at AED 1,944 per sqft, in line with 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
14031-bedAED 1.64M · Aug 2022
1404StudioAED 969K · Jul 2022
1405StudioAED 989K · Aug 2022
14061-bedAED 1.32M · Jul 2022
1407StudioAED 1.17M · Feb 2024
1–7 of 10

1409, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 14 September 2022 for AED 1,661,800, or AED 1,944 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 14 September 2022.

Questions about 1409, Peninsula Five - Tower 3

What did unit 1409 last sell for?

AED 1,661,800 on 14 September 2022, sold by the developer: AED 1,944 per sqft for 855 sqft. It is the only registered sale of the unit.

How big is unit 1409?

855 sqft (79.4 sqm): a one-bedroom apartment on the 14th floor of a 36-storey tower completed in 2024.

What is unit 1409 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 1409, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.66M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,661,800
Deposit, UAE resident (20%)
AED 332,360
Deposit, non-resident (40%)
AED 664,720
Monthly over 25 years at 3.7%
AED 6,799

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