1-bed · 726 sqftPeninsula Five - Tower 3, Business Bay · 17th floor · completed 2024

1706, Peninsula Five - Tower 3

Sold prices and rental history: sold 3 times, last in December 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 26 May 2026
Last soldAED 1.73M12 December 2025
Current rentAED 130K /yr26 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Peninsula Five - Tower 3

What is 1706 worth today?

Last sold for AED 1,730,000 in 2025

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26 May 2026RentedNew contract
AED 130,000/yr12 months · AED 179 per sqft
12 Dec 2025SoldReady
AED 1,730,000AED 2,383 per sqft
11 Dec 2025SoldReady · flagged as an outlier
AED 165,204AED 227 per sqft
23 Jun 2022Sold by developerOff-plan
AED 1,376,700AED 1,885 per sqft

Source: Dubai Land Department. Updated 26 May 2026.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
17th of 36
Parking
B1-108
Developer
Select Global Development
Completed
2024
Last sold
AED 1.73M · December 2025

About 1706, Peninsula Five - Tower 3

1706 is a one-bedroom apartment of 726 sqft on the 17th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 12 December 2025 for AED 1,730,000, or AED 2,383 per sqft, 10% below the AED 2,635 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 May 2026. The current contract, signed on 26 May 2026, is AED 130,000 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical one-bed in Peninsula Five - Tower 3
1.5M2M202220242026Typical 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, June 2022: AED 1,376,700 (AED 1,885 per sqft)Sold, December 2025: AED 1,730,000 (AED 2,383 per sqft)

1706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1706, each contractTypical one-bed in Peninsula Five - Tower 3
130K133K135K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000New contract, May 2026: AED 130,000 a year

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 1706 sits

All 138 1-beds →

1706 last sold in December 2025 at AED 2,383 per sqft, 10% below what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,635). 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. 1706's AED 130,000 is in the lower half of that range.

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 17th floor

All 321 units in Peninsula Five - Tower 3
Value
17011-bedAED 2.25M · Nov 2026
17022-bedAED 3.8M · Jul 2025
17031-bedAED 2.55M · Aug 2025
1704StudioAED 984K · Jun 2022
1705StudioAED 1.45M · Jul 2025
1707StudioAED 1.02M · Jun 2022
1708StudioAED 984K · Jun 2022
1–7 of 10

1706, Peninsula Five - Tower 3 in numbers

  • Sold 3 times: first on 23 June 2022 for AED 1,376,700, last on 12 December 2025 for AED 1,730,000 (AED 2,383 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 7.5%.
  • 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 26 May 2026.

Questions about 1706, Peninsula Five - Tower 3

What did unit 1706 last sell for?

AED 1,730,000 on 12 December 2025: AED 2,383 per sqft for 726 sqft. The unit has 3 registered sales; the first was AED 1,376,700 in June 2022.

What is the rent for unit 1706?

AED 130,000 a year on the contract signed on 26 May 2026.

How big is unit 1706?

726 sqft (67.4 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2024.

What is unit 1706 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 1706, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.73M, 12 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

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