1503, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Peninsula Five - Tower 3
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 15th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.65M · July 2022
- Building
- Peninsula Five - Tower 3
About 1503, Peninsula Five - Tower 3
1503 is a one-bedroom apartment of 875 sqft on the 15th 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 7 July 2022 for AED 1,650,400, or AED 1,885 per sqft, 3% below the AED 1,951 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2026. The current contract, signed on 1 June 2026, is AED 132,425 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the one-bed median of each year in the building.
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 1503 sits
All 138 1-beds →1503 last sold in July 2022 at AED 1,885 per sqft, 3% below what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,951). 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. 1503's AED 132,425 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 839 sqft | 2,250,000 | 2,682 | ||
| 12 Oct 202612 October 2026 | 816 sqft | 2,050,000 | 2,513 | ||
| 25 Sep 202625 September 2026 | 811 sqft | 2,150,000 | 2,652 | ||
| 27 Aug 202627 August 2026 | 876 sqft | 2,325,000 | 2,654 |
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 15th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 820 sqft | AED 1.69MAED 1,687,262 · Jul 2022July 2022 | 125,000 /yr | |
| 1502 | 2-bed | 1,352 sqft | AED 2.71MAED 2,713,300 · Mar 2023March 2023 | ||
| 1504 | Studio | 517 sqft | AED 1.15MAED 1,150,000 · Aug 2022August 2022 | ||
| 1505 | Studio | 531 sqft | AED 994KAED 993,900 · Sep 2022September 2022 | 85,000 /yr | |
| 1506 | 1-bed | 702 sqft | AED 1.33MAED 1,327,600 · Aug 2022August 2022 | ||
| 1507 | Studio | 541 sqft | AED 704KAED 703,573 · Jul 2022July 2022 | 75,000 /yr | |
| 1508 | Studio | 517 sqft | AED 973KAED 973,100 · Jul 2022July 2022 | ||
| 1509 | 1-bed | 855 sqft | AED 1.67MAED 1,670,300 · Sep 2022September 2022 | 140,000 /yr | |
| 1510 | 2-bed | 1,305 sqft | AED 2.88MAED 2,877,500 · Sep 2022September 2022 | 220,000 /yr | |
| 1511 | 1-bed | 812 sqft | AED 1.68MAED 1,679,800 · Jan 2023January 2023 |
1503, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 7 July 2022 for AED 1,650,400, or AED 1,885 per sqft.
- Rented since June 2026 on one Ejari contract, at AED 132,425 a year.
- At AED 132,425 a year the gross yield on the 2022 price is 8.0%.
- 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 1 June 2026.
Questions about 1503, Peninsula Five - Tower 3
What did unit 1503 last sell for?
AED 1,650,400 on 7 July 2022, sold by the developer: AED 1,885 per sqft for 875 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 132,425 a year on the contract signed on 1 June 2026.
How big is unit 1503?
875 sqft (81.3 sqm): a one-bedroom apartment on the 15th floor of a 36-storey tower completed in 2024.
What is unit 1503 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 1503, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.65M, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,400
- Deposit, UAE resident (20%)
- AED 330,080
- Deposit, non-resident (40%)
- AED 660,160
- Monthly over 25 years at 3.7%
- AED 6,752
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →