1610, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1610, Peninsula Five - Tower 3
What is 1610 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 16th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.76M · June 2022
- Building
- Peninsula Five - Tower 3
About 1610, Peninsula Five - Tower 3
1610 is a two-bedroom apartment of 1,305 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 2,760,240, or AED 2,115 per sqft, 5% above the AED 2,009 two-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 180,000 a year: a gross yield of 6.5% on the 2022 price.
Sales and rents for 1610 over time
1610 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Five - Tower 3, and where 1610 sits
All 46 2-beds →1610 last sold in June 2022 at AED 2,115 per sqft, 5% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,009). Over the last 12 months two-beds sold for AED 2,435,186 to 4,200,000, around AED 2,646 per sqft, and rent for AED 150,000 to 349,062 a year. 1610's AED 180,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,329 sqft | 3,450,000 | 2,595 | ||
| 13 Oct 202613 October 2026 | 1,353 sqft | 3,275,000 | 2,420 | ||
| 15 Sep 202615 September 2026 | 1,376 sqft | 3,550,000 | 2,580 | ||
| 15 May 202615 May 2026 | 1,158 sqft | 2,435,186 | 2,103 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 820 sqft | AED 1.79MAED 1,788,780 · Jun 2022June 2022 | 160,000 /yr | |
| 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 | |
| 1611 | 1-bed | 812 sqft | AED 1.77MAED 1,772,295 · Jun 2022June 2022 | 160,000 /yr |
1610, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 2,760,240, or AED 2,115 per sqft.
- Rented since June 2025 on 4 Ejari contracts, from AED 245,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 6.5%.
- Two-beds in Peninsula Five - Tower 3 sold for AED 2,435,186–4,200,000 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 10 June 2026.
Questions about 1610, Peninsula Five - Tower 3
What did unit 1610 last sell for?
AED 2,760,240 on 27 June 2022, sold by the developer: AED 2,115 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 1610?
AED 180,000 a year on the contract renewed on 10 June 2026. The previous contract, from December 2025, was AED 280,000; the unit has been rented since June 2025.
How big is unit 1610?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2024.
What is unit 1610 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 3 sold for AED 2,435,186 to 4,200,000 in the last 12 months, around AED 2,646 per sqft.
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Mortgage on 1610, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.76M, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,240
- Deposit, UAE resident (20%)
- AED 552,048
- Deposit, non-resident (40%)
- AED 1,104,096
- Monthly over 25 years at 3.7%
- AED 11,293
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →