Studio · 531 sqftPeninsula Five - Tower 3, Business Bay · 7th floor · completed 2024

705, Peninsula Five - Tower 3

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 705 · DLD and Ejari recordsUpdated 6 July 2022

Last soldAED 938K6 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 705, Peninsula Five - Tower 3

Today

What is 705 worth today?

Last sold for AED 938,000 in 2022

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6 Jul 2022

6 Jul 2022Sold by developerOff-plan

AED 938,000AED 1,765 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type: Studio apartment
Size: 531 sqft
Floor: 7th of 36
Parking: 1
Developer: Select Global Development
Completed: 2024
Last sold: AED 938K · July 2022
Building: Peninsula Five - Tower 3

About 705, Peninsula Five - Tower 3

705 is a studio of 531 sqft on the 7th 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 6 July 2022 for AED 938,000, or AED 1,765 per sqft, 8% below the AED 1,922 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales

Unit 705, each saleTypical studio in Peninsula Five - Tower 3

705 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 705, each contractTypical studio in Peninsula Five - Tower 3

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 705 sits

All 102 studios →

Studios in Peninsula Five - Tower 3 · last 12 months2,850 /sqft Peninsula Five - Tower 3 · all types2,717 /sqft

705 last sold in July 2022 at AED 1,765 per sqft, 8% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 1,922). Over the last 12 months studios sold for AED 1,440,000 to 1,525,000, around AED 2,850 per sqft, and rent for AED 80,000 to 105,000 a year.

Recent studio sales	Size	Price (AED)	Per sqft
20 Jan 202620 January 2026	517 sqft	1,525,000	2,952
8 Jan 20268 January 2026	515 sqft	1,440,000	2,798
23 Dec 202523 December 2025	541 sqft	1,470,000	2,717
10 Jul 202510 July 2025	529 sqft	1,450,000	2,741

4 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. 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 7th floor

All 321 units in Peninsula Five - Tower 3


701		839 sqft	AED 2.36MAED 2,360,000 · Sep 2025September 2025
702	2-bed	1,376 sqft	AED 2.63MAED 2,632,800 · Jul 2022July 2022	185,000 /yr
703	1-bed	878 sqft	AED 1.95MAED 1,950,000 · Feb 2025February 2025
704	Studio	517 sqft	AED 919KAED 919,000 · Aug 2022August 2022
706	1-bed	726 sqft	AED 2MAED 2,000,000 · Apr 2025April 2025
707	Studio	541 sqft	AED 1.16MAED 1,155,000 · Dec 2024December 2024	90,000 /yr
708	Studio	517 sqft	AED 827KAED 827,100 · Aug 2022August 2022
709	1-bed	855 sqft	AED 1.61MAED 1,605,400 · Jun 2022June 2022
710	2-bed	1,329 sqft	AED 2.54MAED 2,536,600 · Jul 2022July 2022
711	1-bed	836 sqft	AED 2.17MAED 2,170,000 · Dec 2025December 2025	150,000 /yr

1–7 of 10

705, Peninsula Five - Tower 3 in numbers

Sold once: by Select Global Development on 6 July 2022 for AED 938,000, or AED 1,765 per sqft.
Studios in Peninsula Five - Tower 3 sold for AED 1,440,000–1,525,000 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 6 July 2022.

Questions about 705, Peninsula Five - Tower 3

What did unit 705 last sell for?

AED 938,000 on 6 July 2022, sold by the developer: AED 1,765 per sqft for 531 sqft. It is the only registered sale of the unit.

How big is unit 705?

531 sqft (49.3 sqm): a studio on the 7th floor of a 36-storey tower completed in 2024.

What is unit 705 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 1,440,000 to 1,525,000 in the last 12 months, around AED 2,850 per sqft.

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Mortgage on 705, Peninsula Five - Tower 3

Starts from the last sale price (AED 938K, 6 July 2022). Switch to today's estimate once you have unlocked it.

Price: AED 938,000
Deposit, UAE resident (20%): AED 187,600
Deposit, non-resident (40%): AED 375,200
Monthly over 25 years at 3.7%: AED 3,838

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