506, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Peninsula Five - Tower 3
What is 506 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 2 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 702 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.46M · July 2024
- Building
- Peninsula Five - Tower 3
About 506, Peninsula Five - Tower 3
506 is a one-bedroom apartment of 702 sqft on the 5th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 2 July 2024 for AED 1,455,000, or AED 2,071 per sqft, in line with the AED 2,079 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 138 1-beds →506 last sold in July 2024 at AED 2,071 per sqft, in line with what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,079). 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.
| 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 5th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 816 sqft | AED 1.85MAED 1,850,000 · Jan 2025January 2025 | ||
| 502 | 2-bed | 1,352 sqft | AED 2.8MAED 2,800,000 · Aug 2024August 2024 | ||
| 503 | 1-bed | 877 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 130,000 /yr | |
| 504 | Studio | 517 sqft | AED 909KAED 909,400 · Jun 2022June 2022 | 73,000 /yr | |
| 505 | Studio | 531 sqft | AED 928KAED 928,200 · Sep 2022September 2022 | 70,000 /yr | |
| 507 | Studio | 541 sqft | AED 950KAED 950,000 · Nov 2022November 2022 | ||
| 508 | Studio | 517 sqft | AED 909KAED 908,900 · Jun 2022June 2022 | 85,000 /yr | |
| 509 | 1-bed | 855 sqft | AED 2.35MAED 2,350,000 · May 2025May 2025 | 125,000 /yr | |
| 510 | 2-bed | 1,305 sqft | AED 2.22MAED 2,221,560 · Sep 2022September 2022 | 190,000 /yr | |
| 511 | 1-bed | 811 sqft | AED 2.15MAED 2,150,000 · Sep 2026September 2026 |
506, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 7 July 2022 for AED 1,224,900, last on 2 July 2024 for AED 1,455,000 (AED 2,071 per sqft).
- 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 2 July 2024.
Questions about 506, Peninsula Five - Tower 3
What did unit 506 last sell for?
AED 1,455,000 on 2 July 2024: AED 2,071 per sqft for 702 sqft. The unit has 2 registered sales; the first was AED 1,224,900 in July 2022.
How big is unit 506?
702 sqft (65.2 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2024.
What is unit 506 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 506? 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 506, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.46M, 2 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,455,000
- Deposit, UAE resident (20%)
- AED 291,000
- Deposit, non-resident (40%)
- AED 582,000
- Monthly over 25 years at 3.7%
- AED 5,953
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →