Studio · 436 sqftPeninsula Three, Business Bay · 12th floor · completed 2025

12-01, Peninsula Three

Sold prices and rental history: sold twice, last in September 2023, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12-01 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1M22 September 2023
Current rentAED 85K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12-01, Peninsula Three

What is 12-01 worth today?

Last sold for AED 1,000,000 in 2023

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1 Mar 2026RentedNew contract
AED 85,000/yr12 months · AED 191 per sqft
22 Sep 2023SoldOff-plan
AED 1,000,000AED 2,294 per sqft
13 Oct 2022Sold by developerOff-plan
AED 887,000AED 2,035 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
12th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1M · September 2023

About 12-01, Peninsula Three

12-01 is a studio of 436 sqft on the 12th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 22 September 2023 for AED 1,000,000, or AED 2,294 per sqft, in line with the AED 2,326 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 85,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 12-01 over time

Sales
Unit 12-01, each saleTypical studio in Peninsula Three
1M1.2M202220242026Typical sale price by year: 2022 AED 935,000; 2023 AED 987,500; 2024 AED 1,087,500; 2025 AED 1,175,000; 2026 AED 1,200,000Sold by developer, October 2022: AED 887,000 (AED 2,035 per sqft)Sold, September 2023: AED 1,000,000 (AED 2,294 per sqft)

12-01 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 12-01 sits

All 224 studios →

12-01 last sold in September 2023 at AED 2,294 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,326). Over the last 12 months studios sold for AED 1,000,000 to 1,450,000, around AED 2,803 per sqft, and rent for AED 60,000 to 130,000 a year. 12-01's AED 85,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Oct 20261,200,000
25 Sep 20261,150,000
23 Sep 20261,200,000
19 Sep 20261,120,000
35 studio sales in the last 12 months

Peninsula Three

Building

846 apartments, studios to 2-bed over 49 floors in Business Bay, completed in 2025 by Select Global Development. 154 sold in the last 12 months.

Typical price per sqft
AED 2,662 Up 1.7%
Typical sale
AED 1.75M
Typical rent
AED 100K /yr
Typical yield
6.1%
Peninsula Three, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 846 units in Peninsula Three
Value
12-021-bedAED 1.23M · Sep 2022
12-03StudioAED 846K · Oct 2022
12-04StudioAED 1.15M · Oct 2025
12-051-bedAED 1.24M · Oct 2022
12-061-bedAED 1.65M · Sep 2025
12-071-bedAED 1.2M · Mar 2024
12-081-bedAED 1.5M · Mar 2024
1–7 of 19

12-01, Peninsula Three in numbers

  • Sold twice: first on 13 October 2022 for AED 887,000, last on 22 September 2023 for AED 1,000,000 (AED 2,294 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.5%.
  • Studios in Peninsula Three sold for AED 1,000,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,662 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 12-01, Peninsula Three

What did unit 12-01 last sell for?

AED 1,000,000 on 22 September 2023: AED 2,294 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 887,000 in October 2022.

What is the rent for unit 12-01?

AED 85,000 a year on the contract signed on 1 March 2026.

How big is unit 12-01?

436 sqft (40.5 sqm): a studio on the 12th floor of a 49-storey tower completed in 2025.

What is unit 12-01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Three sold for AED 1,000,000 to 1,450,000 in the last 12 months, around AED 2,803 per sqft.

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Mortgage on 12-01, Peninsula Three

Starts from the last sale price (AED 1M, 22 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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