507, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in November 2022, 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 507, Peninsula Five - Tower 3
What is 507 worth today?
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Source: Dubai Land Department. Updated 9 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 950K · November 2022
- Building
- Peninsula Five - Tower 3
About 507, Peninsula Five - Tower 3
507 is a studio of 541 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 9 November 2022 for AED 950,000, or AED 1,755 per sqft, 9% below the AED 1,919 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the studio median of each year in the building.
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 507 sits
All 107 studios →507 last sold in November 2022 at AED 1,755 per sqft, 9% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,919). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
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 | |
| 506 | 1-bed | 702 sqft | AED 1.46MAED 1,455,000 · Jul 2024July 2024 | ||
| 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 |
507, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 29 August 2022 for AED 945,800, last on 9 November 2022 for AED 950,000 (AED 1,755 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 9 November 2022.
Questions about 507, Peninsula Five - Tower 3
What did unit 507 last sell for?
AED 950,000 on 9 November 2022: AED 1,755 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 945,800 in August 2022.
How big is unit 507?
541 sqft (50.3 sqm): a studio on the 5th floor of a 36-storey tower completed in 2024.
What is unit 507 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 507, Peninsula Five - Tower 3
Starts from the last sale price (AED 950K, 9 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →