1-bed · 726 sqftPeninsula Five - Tower 3, Business Bay · 7th floor · completed 2024

706, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 2M7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Peninsula Five - Tower 3

What is 706 worth today?

Last sold for AED 2,000,000 in 2025

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7 Apr 2025SoldReady
AED 2,000,000AED 2,755 per sqft
27 Jun 2022Sold by developerOff-plan
AED 1,303,700AED 1,785 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
7th of 36
Parking
B1-193
Developer
Select Global Development
Completed
2024
Last sold
AED 2M · April 2025

About 706, Peninsula Five - Tower 3

706 is a one-bedroom apartment of 726 sqft on the 7th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 7 April 2025 for AED 2,000,000, or AED 2,755 per sqft, 20% above the AED 2,292 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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, June 2022: AED 1,303,700 (AED 1,785 per sqft)Sold, April 2025: AED 2,000,000 (AED 2,755 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Peninsula Five - Tower 3
120K140K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 135,000

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 706 sits

All 138 1-beds →

706 last sold in April 2025 at AED 2,755 per sqft, 20% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,292). 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 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 7th floor

All 321 units in Peninsula Five - Tower 3
Value
7011-bedAED 2.36M · Sep 2025
7022-bedAED 2.63M · Jul 2022
7031-bedAED 1.95M · Feb 2025
704StudioAED 919K · Aug 2022
705StudioAED 938K · Jul 2022
707StudioAED 1.5M · Mar 2026
708StudioAED 827K · Aug 2022
1–7 of 10

706, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 27 June 2022 for AED 1,303,700, last on 7 April 2025 for AED 2,000,000 (AED 2,755 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 7 April 2025.

Questions about 706, Peninsula Five - Tower 3

What did unit 706 last sell for?

AED 2,000,000 on 7 April 2025: AED 2,755 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 1,303,700 in June 2022.

How big is unit 706?

726 sqft (67.4 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2024.

What is unit 706 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 706, Peninsula Five - Tower 3

Starts from the last sale price (AED 2M, 7 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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