1601, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Peninsula Five - Tower 3
What is 1601 worth today?
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Source: Dubai Land Department. Updated 18 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 820 sqft
- Floor
- 16th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.79M · June 2022
- Building
- Peninsula Five - Tower 3
About 1601, Peninsula Five - Tower 3
1601 is a one-bedroom apartment of 820 sqft on the 16th 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 27 June 2022 for AED 1,788,780, or AED 2,182 per sqft, 8% above the AED 2,017 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 18 January 2026, is AED 160,000 a year: a gross yield of 8.9% on the 2022 price.
Sales and rents for 1601 over time
1601 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 1601 sits
All 138 1-beds →1601 last sold in June 2022 at AED 2,182 per sqft, 8% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,017). 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. 1601's AED 160,000 is in the upper 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 16th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,352 sqft | AED 2.86MAED 2,863,140 · Jun 2022June 2022 | 225,000 /yr | |
| 1603 | 1-bed | 875 sqft | AED 1.74MAED 1,742,160 · Jun 2022June 2022 | 155,000 /yr | |
| 1604 | Studio | 517 sqft | AED 1.03MAED 1,027,845 · Jun 2022June 2022 | 100,000 /yr | |
| 1605 | Studio | 531 sqft | AED 1.05MAED 1,049,160 · Jun 2022June 2022 | 100,000 /yr | |
| 1606 | 1-bed | 702 sqft | AED 1.4MAED 1,401,330 · Jun 2022June 2022 | 135,000 /yr | |
| 1607 | Studio | 541 sqft | AED 1.07MAED 1,069,005 · Jun 2022June 2022 | 100,000 /yr | |
| 1608 | Studio | 517 sqft | AED 1.03MAED 1,027,215 · Jun 2022June 2022 | 85,000 /yr | |
| 1609 | 1-bed | 855 sqft | AED 1.76MAED 1,762,845 · Jun 2022June 2022 | 150,000 /yr | |
| 1610 | 2-bed | 1,305 sqft | AED 2.76MAED 2,760,240 · Jun 2022June 2022 | 180,000 /yr | |
| 1611 | 1-bed | 812 sqft | AED 1.77MAED 1,772,295 · Jun 2022June 2022 | 160,000 /yr |
1601, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 1,788,780, or AED 2,182 per sqft.
- Rented since July 2025 on 3 Ejari contracts, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 8.9%.
- 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 18 January 2026.
Questions about 1601, Peninsula Five - Tower 3
What did unit 1601 last sell for?
AED 1,788,780 on 27 June 2022, sold by the developer: AED 2,182 per sqft for 820 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 160,000 a year on the contract signed on 18 January 2026. The previous contract, from January 2026, was AED 160,000; the unit has been rented since July 2025.
How big is unit 1601?
820 sqft (76.2 sqm): a one-bedroom apartment on the 16th floor of a 36-storey tower completed in 2024.
What is unit 1601 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 1601, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.79M, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,788,780
- Deposit, UAE resident (20%)
- AED 357,756
- Deposit, non-resident (40%)
- AED 715,512
- Monthly over 25 years at 3.7%
- AED 7,318
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →