1-bed · 843 sqftPeninsula Five - Tower 3, Business Bay · 17th floor · completed 2024

1701, Peninsula Five - Tower 3

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 1.74M24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Peninsula Five - Tower 3

What is 1701 worth today?

Last sold for AED 1,739,900 in 2022

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24 Jun 2022Sold by developerOff-plan
AED 1,739,900AED 2,063 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
17th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.74M · June 2022

About 1701, Peninsula Five - Tower 3

1701 is a one-bedroom apartment of 843 sqft on the 17th 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 24 June 2022 for AED 1,739,900, or AED 2,063 per sqft, 4% above the AED 1,984 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical one-bed in Peninsula Five - Tower 3
2M202220242026Typical sale price by year: 2022 AED 1,672,845; 2023 AED 1,760,793; 2024 AED 1,850,000; 2025 AED 2,240,000; 2026 AED 2,330,000Sold by developer, June 2022: AED 1,739,900 (AED 2,063 per sqft)

1701 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, each contractTypical one-bed in Peninsula Five - Tower 3
135K140K145K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 145,000

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 1701 sits

All 123 1-beds →

1701 last sold in June 2022 at AED 2,063 per sqft, 4% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 1,984). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20262,150,000
10 Feb 20262,210,000
21 Jan 2026206,400
21 Jan 20262,450,000
14 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. 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%
Peninsula Five - Tower 3, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 321 units in Peninsula Five - Tower 3
Value
17022-bedAED 3.8M · Jul 2025
1703AED 2.55M · Aug 2025
1704StudioAED 984K · Jun 2022
1705StudioAED 1.45M · Jul 2025
17061-bedAED 1.73M · Dec 2025
1707StudioAED 1.02M · Jun 2022
1708StudioAED 984K · Jun 2022
1–7 of 10

1701, Peninsula Five - Tower 3 in numbers

  • Sold once: by Select Global Development on 24 June 2022 for AED 1,739,900, or AED 2,063 per sqft.
  • 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 24 June 2022.

Questions about 1701, Peninsula Five - Tower 3

What did unit 1701 last sell for?

AED 1,739,900 on 24 June 2022, sold by the developer: AED 2,063 per sqft for 843 sqft. It is the only registered sale of the unit.

How big is unit 1701?

843 sqft (78.3 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2024.

What is unit 1701 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 1701, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.74M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,739,900
Deposit, UAE resident (20%)
AED 347,980
Deposit, non-resident (40%)
AED 695,960
Monthly over 25 years at 3.7%
AED 7,118

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