1-bed · 855 sqftPeninsula Five - Tower 3, Business Bay · 4th floor · completed 2024

409, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in March 2024, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.58M14 March 2024
Current rentAED 150K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Peninsula Five - Tower 3

What is 409 worth today?

Last sold for AED 1,580,000 in 2024

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1 Dec 2025RentedNew contract
AED 150,000/yr12 months · AED 176 per sqft
14 Mar 2024SoldOff-plan
AED 1,580,000AED 1,848 per sqft
6 Jul 2022Sold by developerOff-plan
AED 1,431,100AED 1,674 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
4th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.58M · March 2024

About 409, Peninsula Five - Tower 3

409 is a one-bedroom apartment of 855 sqft on the 4th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 14 March 2024 for AED 1,580,000, or AED 1,848 per sqft, 13% below the AED 2,114 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2025. The current contract, signed on 1 December 2025, is AED 150,000 a year: a gross yield of 9.5% on the 2024 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, July 2022: AED 1,431,100 (AED 1,674 per sqft)Sold, March 2024: AED 1,580,000 (AED 1,848 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Peninsula Five - Tower 3
140K150K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000New contract, December 2025: AED 150,000 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 409 sits

All 138 1-beds →

409 last sold in March 2024 at AED 1,848 per sqft, 13% below what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,114). 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. 409's AED 150,000 is in the upper 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 4th floor

All 321 units in Peninsula Five - Tower 3
Value
4011-bedAED 1.4M · Mar 2024
4022-bedAED 2.9M · Mar 2025
4031-bedAED 2M · Feb 2025
404StudioAED 905K · Jun 2022
405StudioAED 924K · Jun 2022
4061-bedAED 1.22M · Jul 2022
407StudioAED 941K · Jun 2022
1–7 of 10

409, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 6 July 2022 for AED 1,431,100, last on 14 March 2024 for AED 1,580,000 (AED 1,848 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 9.5%.
  • 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 1 December 2025.

Questions about 409, Peninsula Five - Tower 3

What did unit 409 last sell for?

AED 1,580,000 on 14 March 2024: AED 1,848 per sqft for 855 sqft. The unit has 2 registered sales; the first was AED 1,431,100 in July 2022.

What is the rent for unit 409?

AED 150,000 a year on the contract signed on 1 December 2025.

How big is unit 409?

855 sqft (79.4 sqm): a one-bedroom apartment on the 4th floor of a 36-storey tower completed in 2024.

What is unit 409 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 409, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.58M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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