Studio · 541 sqftPeninsula Five - Tower 3, Business Bay · 17th floor · completed 2024

1707, Peninsula Five - Tower 3

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

Unit 1707 · DLD and Ejari recordsUpdated 23 June 2022
Last soldAED 1.02M23 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Peninsula Five - Tower 3

What is 1707 worth today?

Last sold for AED 1,024,300 in 2022

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23 Jun 2022Sold by developerOff-plan
AED 1,024,300AED 1,892 per sqft

Source: Dubai Land Department. Updated 23 June 2022.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
17th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.02M · June 2022

About 1707, Peninsula Five - Tower 3

1707 is a studio of 541 sqft on the 17th 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 23 June 2022 for AED 1,024,300, or AED 1,892 per sqft, in line with the AED 1,903 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical studio in Peninsula Five - Tower 3
1M1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, June 2022: AED 1,024,300 (AED 1,892 per sqft)

1707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1707, each contractTypical studio in Peninsula Five - Tower 3
80K85K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula Five - Tower 3, and where 1707 sits

All 107 studios →

1707 last sold in June 2022 at AED 1,892 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,903). Over the last 12 months studios sold for AED 1,360,000 to 1,525,000, around AED 2,763 per sqft, and rent for AED 48,503 to 105,000 a year.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
25 Mar 20261,495,000
20 Jan 20261,525,000
7 studio 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
17061-bedAED 1.73M · Dec 2025
1708StudioAED 984K · Jun 2022
1–7 of 10

1707, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 23 June 2022 for AED 1,024,300, or AED 1,892 per sqft.
  • Studios in Peninsula Five - Tower 3 sold for AED 1,360,000–1,525,000 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 23 June 2022.

Questions about 1707, Peninsula Five - Tower 3

What did unit 1707 last sell for?

AED 1,024,300 on 23 June 2022, sold by the developer: AED 1,892 per sqft for 541 sqft. It is the only registered sale of the unit.

How big is unit 1707?

541 sqft (50.3 sqm): a studio on the 17th floor of a 36-storey tower completed in 2024.

What is unit 1707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,360,000 to 1,525,000 in the last 12 months, around AED 2,763 per sqft.

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Mortgage on 1707, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.02M, 23 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,024,300
Deposit, UAE resident (20%)
AED 204,860
Deposit, non-resident (40%)
AED 409,720
Monthly over 25 years at 3.7%
AED 4,191

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