1509, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Peninsula Five - Tower 3
What is 1509 worth today?
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Source: Dubai Land Department. Updated 12 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 855 sqft
- Floor
- 15th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.67M · September 2022
- Building
- Peninsula Five - Tower 3
About 1509, Peninsula Five - Tower 3
1509 is a one-bedroom apartment of 855 sqft on the 15th 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 14 September 2022 for AED 1,670,300, or AED 1,954 per sqft, in line with the AED 1,977 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 March 2025. The current contract, signed on 12 March 2025, is AED 150,000 a year: a gross yield of 9.0% on the 2022 price.
Sales and rents for 1509 over time
1509 has sold once; 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 1509 sits
All 123 1-beds →1509 last sold in September 2022 at AED 1,954 per sqft, in line with what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,977). Over the last 12 months one-beds sold for AED 1,500,000 to 2,496,071, around AED 2,589 per sqft, and rent for AED 140,000 to 160,000 a year. 1509's AED 150,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 832 sqft | 2,150,000 | 2,584 | ||
| 10 Feb 202610 February 2026 | 877 sqft | 2,210,000 | 2,518 | ||
| 21 Jan 202621 January 2026 | 816 sqft | 206,400 | 253 | ||
| 21 Jan 202621 January 2026 | 816 sqft | 2,450,000 | 3,003 |
Peninsula Five - Tower 3
Building321 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2024 by Select Global Development. 26 sold in the last 12 months.
- Typical price per sqft
- AED 2,717 Up 5.8%
- Typical sale
- AED 2.21M
- Typical rent
- AED 140K /yr
- Typical yield
- 6.4%
Other units on the 15th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 820 sqft | AED 1.69MAED 1,687,262 · Jul 2022July 2022 | ||
| 1502 | 2-bed | 1,352 sqft | AED 2.71MAED 2,713,300 · Mar 2023March 2023 | ||
| 1503 | 1-bed | 875 sqft | AED 1.65MAED 1,650,400 · Jul 2022July 2022 | ||
| 1504 | Studio | 517 sqft | AED 1.15MAED 1,150,000 · Aug 2022August 2022 | ||
| 1505 | Studio | 531 sqft | AED 994KAED 993,900 · Sep 2022September 2022 | 85,000 /yr | |
| 1506 | 1-bed | 702 sqft | AED 1.33MAED 1,327,600 · Aug 2022August 2022 | ||
| 1507 | Studio | 541 sqft | AED 704KAED 703,573 · Jul 2022July 2022 | ||
| 1508 | Studio | 517 sqft | AED 973KAED 973,100 · Jul 2022July 2022 | ||
| 1510 | 2-bed | 1,305 sqft | AED 2.88MAED 2,877,500 · Sep 2022September 2022 | 240,000 /yr | |
| 1511 | 1-bed | 812 sqft | AED 1.68MAED 1,679,800 · Jan 2023January 2023 |
1509, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 14 September 2022 for AED 1,670,300, or AED 1,954 per sqft.
- Rented since March 2025 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 9.0%.
- One-beds in Peninsula Five - Tower 3 sold for AED 1,500,000–2,496,071 in the 12 months to November 2026; the building's median across all types is AED 2,717 per sqft.
Source: Dubai Land Department. Updated 12 March 2025.
Questions about 1509, Peninsula Five - Tower 3
What did unit 1509 last sell for?
AED 1,670,300 on 14 September 2022, sold by the developer: AED 1,954 per sqft for 855 sqft. It is the only registered sale of the unit.
What is the rent for unit 1509?
AED 150,000 a year on the contract signed on 12 March 2025.
How big is unit 1509?
855 sqft (79.4 sqm): a one-bedroom apartment on the 15th floor of a 36-storey tower completed in 2024.
What is unit 1509 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 1,500,000 to 2,496,071 in the last 12 months, around AED 2,589 per sqft.
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Mortgage on 1509, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.67M, 14 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,670,300
- Deposit, UAE resident (20%)
- AED 334,060
- Deposit, non-resident (40%)
- AED 668,120
- Monthly over 25 years at 3.7%
- AED 6,834
Plus AED 75,163 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →