Studio · 541 sqftPeninsula Five - Tower 3, Business Bay · 7th floor · completed 2024

707, Peninsula Five - Tower 3

Sold prices and rental history: sold 4 times, last in March 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.5M25 March 2026
Current rentAED 90K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Peninsula Five - Tower 3

What is 707 worth today?

Last sold for AED 1,495,000 in 2026

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25 Mar 2026SoldReady
AED 1,495,000AED 2,763 per sqft
30 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 166 per sqft
30 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 166 per sqft
30 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 166 per sqft
13 Dec 2024SoldOff-plan
AED 1,155,000AED 2,134 per sqft
16 Mar 2023SoldOff-plan
AED 1,178,000AED 2,176 per sqft
27 Jun 2022Sold by developerOff-plan
AED 956,400AED 1,767 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
7th of 36
Parking
B1-194
Developer
Select Global Development
Completed
2024
Last sold
AED 1.5M · March 2026

About 707, Peninsula Five - Tower 3

707 is a studio of 541 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 25 March 2026 for AED 1,495,000, or AED 2,763 per sqft, in line with the AED 2,763 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 30 January 2026, is AED 90,000 a year: a gross yield of 6.0% on the 2026 price.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Peninsula Five - Tower 3
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,006,110; 2023 AED 1,106,721; 2024 AED 1,225,000; 2025 AED 1,400,000; 2026 AED 1,440,000Sold by developer, June 2022: AED 956,400 (AED 1,767 per sqft)Sold, March 2023: AED 1,178,000 (AED 2,176 per sqft)Sold, December 2024: AED 1,155,000 (AED 2,134 per sqft)Sold, March 2026: AED 1,495,000 (AED 2,763 per sqft)

707 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Peninsula Five - Tower 3
80K85K90K202520262027Typical rent by year: 2025 AED 86,289; 2026 AED 80,000New contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearRenewal, January 2026: AED 90,000 a year

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 707 sits

All 107 studios →

707 last sold in March 2026 at AED 2,763 per sqft, in line with what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,763). 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. 707's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 20261,360,000
9 Jul 20261,425,000
20 Jan 20261,525,000
8 Jan 20261,440,000
7 studio 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
7061-bedAED 2M · Apr 2025
708StudioAED 827K · Aug 2022
1–7 of 10

707, Peninsula Five - Tower 3 in numbers

  • Sold 4 times: first on 27 June 2022 for AED 956,400, last on 25 March 2026 for AED 1,495,000 (AED 2,763 per sqft).
  • Rented since January 2025 on 3 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 6.0%.
  • 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 25 March 2026.

Questions about 707, Peninsula Five - Tower 3

What did unit 707 last sell for?

AED 1,495,000 on 25 March 2026: AED 2,763 per sqft for 541 sqft. The unit has 4 registered sales; the first was AED 956,400 in June 2022.

What is the rent for unit 707?

AED 90,000 a year on the contract renewed on 30 January 2026. The previous contract, from January 2025, was AED 90,000; the unit has been rented since January 2025.

How big is unit 707?

541 sqft (50.3 sqm): a studio on the 7th floor of a 36-storey tower completed in 2024.

What is unit 707 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 707, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.5M, 25 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,000
Deposit, UAE resident (20%)
AED 299,000
Deposit, non-resident (40%)
AED 598,000
Monthly over 25 years at 3.7%
AED 6,117

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