1610, Peninsula Five - Tower 3
Sold prices and rental history: sold once, by the developer in June 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 1610, Peninsula Five - Tower 3
What is 1610 worth today?
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Source: Dubai Land Department. Updated 29 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 16th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 2.76M · June 2022
- Building
- Peninsula Five - Tower 3
About 1610, Peninsula Five - Tower 3
1610 is a two-bedroom apartment of 1,305 sqft on the 16th 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 27 June 2022 for AED 2,760,240, or AED 2,115 per sqft, 5% above the AED 2,009 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 29 December 2025, is AED 280,000 a year: a gross yield of 10.1% on the 2022 price.
Sales and rents for 1610 over time
1610 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Five - Tower 3, and where 1610 sits
All 43 2-beds →1610 last sold in June 2022 at AED 2,115 per sqft, 5% above what two-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,009). Over the last 12 months two-beds sold for AED 3,650,000 to 4,200,000, around AED 3,102 per sqft, and rent for AED 190,935 to 280,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 1,353 sqft | 3,650,000 | 2,697 | ||
| 29 Jan 202629 January 2026 | 1,307 sqft | 4,050,000 | 3,099 | ||
| 29 Jan 202629 January 2026 | 1,307 sqft | 318,588 | 243 | ||
| 7 Jan 20267 January 2026 | 1,307 sqft | 4,100,000 | 3,137 |
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 16th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 820 sqft | AED 1.79MAED 1,788,780 · Jun 2022June 2022 | 160,000 /yr | |
| 1602 | 2-bed | 1,352 sqft | AED 2.86MAED 2,863,140 · Jun 2022June 2022 | ||
| 1603 | 1-bed | 875 sqft | AED 1.74MAED 1,742,160 · Jun 2022June 2022 | ||
| 1604 | Studio | 517 sqft | AED 1.03MAED 1,027,845 · Jun 2022June 2022 | ||
| 1605 | Studio | 531 sqft | AED 1.05MAED 1,049,160 · Jun 2022June 2022 | 100,000 /yr | |
| 1606 | 1-bed | 702 sqft | AED 1.4MAED 1,401,330 · Jun 2022June 2022 | ||
| 1607 | Studio | 541 sqft | AED 1.07MAED 1,069,005 · Jun 2022June 2022 | ||
| 1608 | Studio | 517 sqft | AED 1.03MAED 1,027,215 · Jun 2022June 2022 | ||
| 1609 | 1-bed | 855 sqft | AED 1.76MAED 1,762,845 · Jun 2022June 2022 | ||
| 1611 | 1-bed | 812 sqft | AED 1.77MAED 1,772,295 · Jun 2022June 2022 |
1610, Peninsula Five - Tower 3 in numbers
- Sold once: by Select Global Development on 27 June 2022 for AED 2,760,240, or AED 2,115 per sqft.
- Rented since June 2025 on 2 Ejari contracts, from AED 245,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2022 price is 10.1%.
- Two-beds in Peninsula Five - Tower 3 sold for AED 3,650,000–4,200,000 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 29 December 2025.
Questions about 1610, Peninsula Five - Tower 3
What did unit 1610 last sell for?
AED 2,760,240 on 27 June 2022, sold by the developer: AED 2,115 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 1610?
AED 280,000 a year on the contract signed on 29 December 2025. The previous contract, from June 2025, was AED 245,000.
How big is unit 1610?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2024.
What is unit 1610 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Five - Tower 3 sold for AED 3,650,000 to 4,200,000 in the last 12 months, around AED 3,102 per sqft.
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Mortgage on 1610, Peninsula Five - Tower 3
Starts from the last sale price (AED 2.76M, 27 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,240
- Deposit, UAE resident (20%)
- AED 552,048
- Deposit, non-resident (40%)
- AED 1,104,096
- Monthly over 25 years at 3.7%
- AED 11,293
Plus AED 120,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →