707, Peninsula Five - Tower 3
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Peninsula Five - Tower 3
What is 707 worth today?
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Source: Dubai Land Department. Updated 30 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 7th of 36
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.16M · December 2024
- Building
- Peninsula Five - Tower 3
About 707, Peninsula Five - Tower 3
707 is a studio of 541 sqft on the 7th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 13 December 2024 for AED 1,155,000, or AED 2,134 per sqft, 7% below the AED 2,290 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 30 January 2026, is AED 90,000 a year: a gross yield of 7.8% on the 2024 price.
Sales and rents for 707 over time
707 has sold 3 times; the dashed line is the studio median of each year in the building.
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 707 sits
All 102 studios →707 last sold in December 2024 at AED 2,134 per sqft, 7% below what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,290). 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. 707's AED 90,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 7th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 705 | Studio | 531 sqft | AED 938KAED 938,000 · Jul 2022July 2022 | ||
| 706 | 1-bed | 726 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 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 |
707, Peninsula Five - Tower 3 in numbers
- Sold 3 times: first on 27 June 2022 for AED 956,400, last on 13 December 2024 for AED 1,155,000 (AED 2,134 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 7.8%.
- 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 30 January 2026.
Questions about 707, Peninsula Five - Tower 3
What did unit 707 last sell for?
AED 1,155,000 on 13 December 2024: AED 2,134 per sqft for 541 sqft. The unit has 3 registered sales; the first was AED 956,400 in June 2022.
What is the rent for unit 707?
AED 90,000 a year on the contract renewed on 30 January 2026. The previous contract, from January 2025, was AED 90,000.
How big is unit 707?
541 sqft (50.3 sqm): a studio on the 7th floor of a 36-storey tower completed in 2024.
What is unit 707 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 707, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.16M, 13 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,155,000
- Deposit, UAE resident (20%)
- AED 231,000
- Deposit, non-resident (40%)
- AED 462,000
- Monthly over 25 years at 3.7%
- AED 4,725
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →