1-bed · 702 sqftPeninsula Five - Tower 3, Business Bay · 19th floor · completed 2024

1906, Peninsula Five - Tower 3

Sold prices and rental history: sold twice, last in December 2024, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 1.85M5 December 2024
Current rentAED 110K /yr21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Peninsula Five - Tower 3

What is 1906 worth today?

Last sold for AED 1,850,000 in 2024

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21 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 157 per sqft
5 Dec 2024SoldOff-plan
AED 1,850,000AED 2,634 per sqft
12 Jul 2022Sold by developerOff-plan
AED 1,355,600AED 1,930 per sqft

Source: Dubai Land Department. Updated 21 February 2025.

Key facts

Type
1-bed apartment
Size
702 sqft
Floor
19th of 36
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.85M · December 2024

About 1906, Peninsula Five - Tower 3

1906 is a one-bedroom apartment of 702 sqft on the 19th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 5 December 2024 for AED 1,850,000, or AED 2,634 per sqft, 21% above the AED 2,168 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 February 2025. The current contract, signed on 21 February 2025, is AED 110,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1906 over time

Sales
Unit 1906, each saleTypical one-bed in Peninsula Five - Tower 3
1.5M2M2.5M202220242026Typical 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, July 2022: AED 1,355,600 (AED 1,930 per sqft)Sold, December 2024: AED 1,850,000 (AED 2,634 per sqft)

1906 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1906, each contractTypical one-bed in Peninsula Five - Tower 3
120K140K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 145,000New contract, February 2025: AED 110,000 a year

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 1906 sits

All 123 1-beds →

1906 last sold in December 2024 at AED 2,634 per sqft, 21% above what one-beds in Peninsula Five - Tower 3 were fetching at the time (AED 2,168). 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. 1906's AED 110,000 is at the bottom of that range.

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 19th floor

All 321 units in Peninsula Five - Tower 3
Value
19011-bedAED 1.85M · Dec 2023
19022-bedAED 4.2M · Dec 2025
19031-bedAED 1.69M · Jul 2022
1904StudioAED 994K · Jun 2022
1905StudioAED 1.02M · Jul 2022
1907StudioAED 1.07M · Jan 2023
1908StudioAED 994K · Jun 2022
1–7 of 10

1906, Peninsula Five - Tower 3 in numbers

  • Sold twice: first on 12 July 2022 for AED 1,355,600, last on 5 December 2024 for AED 1,850,000 (AED 2,634 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 21 February 2025.

Questions about 1906, Peninsula Five - Tower 3

What did unit 1906 last sell for?

AED 1,850,000 on 5 December 2024: AED 2,634 per sqft for 702 sqft. The unit has 2 registered sales; the first was AED 1,355,600 in July 2022.

What is the rent for unit 1906?

AED 110,000 a year on the contract signed on 21 February 2025.

How big is unit 1906?

702 sqft (65.2 sqm): a one-bedroom apartment on the 19th floor of a 36-storey tower completed in 2024.

What is unit 1906 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 1906, Peninsula Five - Tower 3

Starts from the last sale price (AED 1.85M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →