705, 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 705, Peninsula Five - Tower 3
What is 705 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 14 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 531 sqft
- Floor
- 7th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 938K · July 2022
- Building
- Peninsula Five - Tower 3
About 705, Peninsula Five - Tower 3
705 is a studio of 531 sqft on the 7th 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 6 July 2022 for AED 938,000, or AED 1,765 per sqft, 8% below the AED 1,922 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 14 August 2026, is AED 75,000 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 705 over time
705 has sold once; 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 705 sits
All 107 studios →705 last sold in July 2022 at AED 1,765 per sqft, 8% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). 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. 705's AED 75,000 is in the lower half of that range.
| 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 7th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 839 sqft | AED 2.36MAED 2,360,000 · Sep 2025September 2025 | ||
| 702 | 2-bed | 1,376 sqft | AED 2.63MAED 2,632,800 · Jul 2022July 2022 | 194,250 /yr | |
| 703 | 1-bed | 878 sqft | AED 1.95MAED 1,950,000 · Feb 2025February 2025 | 145,000 /yr | |
| 704 | Studio | 517 sqft | AED 919KAED 919,000 · Aug 2022August 2022 | ||
| 706 | 1-bed | 726 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 707 | Studio | 541 sqft | AED 1.5MAED 1,495,000 · Mar 2026March 2026 | 90,000 /yr | |
| 708 | Studio | 517 sqft | AED 827KAED 827,100 · Aug 2022August 2022 | 80,000 /yr | |
| 709 | 1-bed | 855 sqft | AED 1.61MAED 1,605,400 · Jun 2022June 2022 | ||
| 710 | 2-bed | 1,329 sqft | AED 2.54MAED 2,536,600 · Jul 2022July 2022 | 176,000 /yr | |
| 711 | 1-bed | 833 sqft | AED 2.17MAED 2,170,000 · Dec 2025December 2025 | 150,000 /yr |
705, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 6 July 2022 for AED 938,000, or AED 1,765 per sqft.
- Rented since July 2025 on 2 Ejari contracts, from AED 70,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 8.0%.
- 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 14 August 2026.
Questions about 705, Peninsula Five - Tower 3
What did unit 705 last sell for?
AED 938,000 on 6 July 2022, sold by the developer: AED 1,765 per sqft for 531 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 75,000 a year on the contract signed on 14 August 2026. The previous contract, from July 2025, was AED 70,000.
How big is unit 705?
531 sqft (49.3 sqm): a studio on the 7th floor of a 36-storey tower completed in 2024.
What is unit 705 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.
Selling 705? 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 705, Peninsula Five - Tower 3
Starts from the last sale price (AED 938K, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 938,000
- Deposit, UAE resident (20%)
- AED 187,600
- Deposit, non-resident (40%)
- AED 375,200
- Monthly over 25 years at 3.7%
- AED 3,838
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →