An apparatus of a user equipment (UE) for supporting a higher data rate than a 4G communication system is provided. The apparatus includes a transceiver and a processor operatively coupled with the transceiver. The processor is configured to broadcast a request signal for positioning the UE, receive response signals corresponding to the request signal from a plurality of UEs, based on received signal timings of the response signals and timing advance (TA) values of the plurality of UEs, select one of at least one UE set which is classified based on a distance from the UE, select three UEs from the selected set based on the TA values such that a triangular area comprising the three UEs as vertices covers the UE, and generate position information of the UE based on distances between the three UEs and the UE.