Studio · 390 sqftPeninsula One, Business Bay · 31st floor · completed 2024

3112, Peninsula One

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3112 · DLD and Ejari recordsUpdated 28 December 2025
Last soldAED 1.15M28 May 2024
Current rentAED 90K /yr28 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3112, Peninsula One

What is 3112 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 231 per sqft
28 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 232 per sqft
28 May 2024SoldOff-plan
AED 1,150,000AED 2,948 per sqft
20 Jul 2023SoldOff-plan
AED 910,000AED 2,332 per sqft
25 May 2022Sold by developerOff-plan
AED 824,300AED 2,113 per sqft

Source: Dubai Land Department. Updated 28 December 2025.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
31st of 35
Parking
1
Developer
Select Global Development
Completed
2024
Last sold
AED 1.15M · May 2024

About 3112, Peninsula One

3112 is a studio of 390 sqft on the 31st floor of Peninsula One, a 35-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 28 May 2024 for AED 1,150,000, or AED 2,948 per sqft, 27% above the AED 2,314 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 28 December 2025, is AED 90,000 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 3112 over time

Sales
Unit 3112, each saleTypical studio in Peninsula One
800K1M1.2M202220242026Typical sale price by year: 2022 AED 763,000; 2023 AED 896,000; 2024 AED 1,050,000; 2025 AED 1,150,000; 2026 AED 1,190,000Sold by developer, May 2022: AED 824,300 (AED 2,113 per sqft)Sold, July 2023: AED 910,000 (AED 2,332 per sqft)Sold, May 2024: AED 1,150,000 (AED 2,948 per sqft)

3112 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3112, each contractTypical studio in Peninsula One
80K90K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 75,000New contract, December 2025: AED 90,000 a yearNew contract, December 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Peninsula One, and where 3112 sits

All 186 studios →

3112 last sold in May 2024 at AED 2,948 per sqft, 27% above what studios in Peninsula One were fetching at the time (AED 2,314). Over the last 12 months studios sold for AED 900,000 to 1,360,000, around AED 3,013 per sqft, and rent for AED 50,000 to 130,000 a year. 3112's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,190,000
8 Oct 20261,050,000
8 Sep 20261,130,000
7 May 20261,140,000
12 studio sales in the last 12 months

Peninsula One

Building

518 apartments, studios to 3-bed over 35 floors in Business Bay, completed in 2024 by Select Global Development. 62 sold in the last 12 months.

Typical price per sqft
AED 2,715 Up 1.5%
Typical sale
AED 1.91M
Typical rent
AED 118K /yr
Typical yield
6.6%
Peninsula One, Business Bay: prices, sales and rents →

Other units on the 31st floor

All 518 units in Peninsula One
Value
31011-bedAED 1.55M · Apr 2023
31022-bedAED 1.82M · Mar 2022
3103StudioAED 738K · Jan 2022
31041-bedAED 1.13M · Jan 2022
31052-bedAED 1.71M · Jul 2022
31061-bedAED 1.18M · Mar 2022
3107StudioAED 789K · Jan 2022
1–7 of 13

3112, Peninsula One in numbers

  • Sold 3 times: first on 25 May 2022 for AED 824,300, last on 28 May 2024 for AED 1,150,000 (AED 2,948 per sqft).
  • Rented since December 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 One sold for AED 900,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 2,715 per sqft.

Source: Dubai Land Department. Updated 28 December 2025.

Questions about 3112, Peninsula One

What did unit 3112 last sell for?

AED 1,150,000 on 28 May 2024: AED 2,948 per sqft for 390 sqft. The unit has 3 registered sales; the first was AED 824,300 in May 2022.

What is the rent for unit 3112?

AED 90,000 a year on the contract signed on 28 December 2025. The previous contract, from December 2025, was AED 90,000.

How big is unit 3112?

390 sqft (36.2 sqm): a studio on the 31st floor of a 35-storey tower completed in 2024.

What is unit 3112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula One sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 3,013 per sqft.

Selling 3112? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3112, Peninsula One

Starts from the last sale price (AED 1.15M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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