406, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in July 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 406, Peninsula Five - Tower 3
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 702 sqft
- Floor
- 4th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.22M · July 2022
- Building
- Peninsula Five - Tower 3
About 406, Peninsula Five - Tower 3
406 is a one-bedroom apartment of 702 sqft on the 4th 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 1,218,500, or AED 1,735 per sqft, 11% below the AED 1,951 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 19 October 2026, is AED 115,000 a year: a gross yield of 9.4% on the 2022 price.
Sales and rents for 406 over time
406 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 406 sits
All 138 1-beds →406 last sold in July 2022 at AED 1,735 per sqft, 11% 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. 406's AED 115,000 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 4th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 816 sqft | AED 1.4MAED 1,398,771 · Mar 2024March 2024 | 150,000 /yr | |
| 402 | 2-bed | 1,353 sqft | AED 2.9MAED 2,900,000 · Mar 2025March 2025 | ||
| 403 | 1-bed | 877 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | ||
| 404 | Studio | 517 sqft | AED 905KAED 905,000 · Jun 2022June 2022 | 85,000 /yr | |
| 405 | Studio | 531 sqft | AED 924KAED 923,700 · Jun 2022June 2022 | 79,000 /yr | |
| 407 | Studio | 541 sqft | AED 941KAED 941,200 · Jun 2022June 2022 | 79,000 /yr | |
| 408 | Studio | 517 sqft | AED 904KAED 904,400 · Jun 2022June 2022 | 73,000 /yr | |
| 409 | 1-bed | 855 sqft | AED 1.58MAED 1,580,000 · Mar 2024March 2024 | 150,000 /yr | |
| 410 | 2-bed | 1,307 sqft | AED 2.5MAED 2,500,000 · May 2025May 2025 | ||
| 411 | 1-bed | 812 sqft | AED 1.39MAED 1,385,901 · Apr 2024April 2024 |
406, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 7 July 2022 for AED 1,218,500, or AED 1,735 per sqft.
- Rented since May 2025 on 2 Ejari contracts, from AED 110,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 9.4%.
- 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 19 October 2026.
Questions about 406, Peninsula Five - Tower 3
What did unit 406 last sell for?
AED 1,218,500 on 7 July 2022, sold by the developer: AED 1,735 per sqft for 702 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 115,000 a year on the contract signed on 19 October 2026. The previous contract, from May 2025, was AED 110,000.
How big is unit 406?
702 sqft (65.2 sqm): a one-bedroom apartment on the 4th floor of a 36-storey tower completed in 2024.
What is unit 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.22M, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,218,500
- Deposit, UAE resident (20%)
- AED 243,700
- Deposit, non-resident (40%)
- AED 487,400
- Monthly over 25 years at 3.7%
- AED 4,985
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →