1-bed · 695 sqftPeninsula Three, Business Bay · 16th floor · completed 2025

16-06, Peninsula Three

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 October 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 16-06 · DLD and Ejari recordsUpdated 6 October 2022

Last soldAED 1.42M6 October 2022

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Today's valuefree after one verification

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Property timeline for 16-06, Peninsula Three

Today

What is 16-06 worth today?

Last sold for AED 1,415,000 in 2022

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6 Oct 2022

6 Oct 2022Sold by developerOff-plan

AED 1,415,000AED 2,035 per sqft

Source: Dubai Land Department. Updated 6 October 2022.

Key facts

Type: 1-bed apartment
Size: 695 sqft
Floor: 16th of 49
Parking: 1
Developer: Select Global Development
Completed: 2025
Last sold: AED 1.42M · October 2022
Building: Peninsula Three

About 16-06, Peninsula Three

16-06 is a one-bedroom apartment of 695 sqft on the 16th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 6 October 2022 for AED 1,415,000, or AED 2,035 per sqft, in line with the AED 2,077 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 16-06 over time

Sales

Unit 16-06, each saleTypical one-bed in Peninsula Three

16-06 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 16-06 sits

All 491 1-beds →

1-beds in Peninsula Three · last 12 months2,582 /sqft Peninsula Three · all types2,662 /sqft

16-06 last sold in October 2022 at AED 2,035 per sqft, in line with what one-beds in Peninsula Three were fetching at the time (AED 2,077). Over the last 12 months one-beds sold for AED 600,000 to 2,150,000, around AED 2,582 per sqft, and rent for AED 12,000 to 180,000 a year.

Recent 1-bed sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	660 sqft	1,700,000	2,577
3 Nov 20263 November 2026	342 sqft	600,000	1,752
27 Oct 202627 October 2026	676 sqft	2,000,000	2,957
22 Oct 202622 October 2026	676 sqft	1,790,000	2,648

93 1-bed 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 16th floor

All 846 units in Peninsula Three


16-01	Studio	436 sqft	AED 1.05MAED 1,050,000 · Apr 2024April 2024	70,000 /yr
16-02	1-bed	674 sqft	AED 1.73MAED 1,730,000 · Jul 2025July 2025
16-03	Studio	415 sqft	AED 898KAED 898,000 · Sep 2022September 2022	78,000 /yr
16-04	Studio	411 sqft	AED 889KAED 889,000 · Oct 2022October 2022
16-05	1-bed	682 sqft	AED 1.32MAED 1,321,000 · Dec 2023December 2023	87,000 /yr
16-07	1-bed	695 sqft	AED 1.42MAED 1,415,000 · Oct 2022October 2022	115,200 /yr
16-08	1-bed	678 sqft	AED 1.88MAED 1,875,000 · Mar 2026March 2026
16-09	Studio	410 sqft	AED 954KAED 954,000 · Oct 2022October 2022	65,000 /yr
16-10	Studio	414 sqft	AED 1.19MAED 1,190,000 · Dec 2024December 2024	75,000 /yr
16-11	Studio	424 sqft	AED 1.1MAED 1,100,000 · Feb 2025February 2025	70,000 /yr
16-12	1-bed	657 sqft	AED 1.54MAED 1,543,000 · Oct 2022October 2022	100,000 /yr
16-13	2-bed	940 sqft	AED 2.3MAED 2,300,000 · Dec 2024December 2024
16-14	1-bed	644 sqft	AED 1.37MAED 1,371,000 · Oct 2022October 2022
16-15	1-bed	695 sqft	AED 1.49MAED 1,488,000 · Oct 2022October 2022
16-16	1-bed	695 sqft	AED 1.49MAED 1,489,000 · Oct 2022October 2022
16-17	1-bed	665 sqft	AED 1.42MAED 1,419,000 · Oct 2022October 2022
16-18	1-bed	669 sqft	AED 1.42MAED 1,423,000 · Oct 2022October 2022	85,000 /yr
16-19	2-bed	931 sqft	AED 1.98MAED 1,978,000 · Oct 2022October 2022
16-20	1-bed	649 sqft	AED 1.39MAED 1,389,000 · Oct 2022October 2022	110,000 /yr

1–7 of 19

16-06, Peninsula Three in numbers

Sold once: by Select Global Development on 6 October 2022 for AED 1,415,000, or AED 2,035 per sqft.
One-beds in Peninsula Three sold for AED 600,000–2,150,000 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 6 October 2022.

Questions about 16-06, Peninsula Three

What did unit 16-06 last sell for?

AED 1,415,000 on 6 October 2022, sold by the developer: AED 2,035 per sqft for 695 sqft. It is the only registered sale of the unit.

How big is unit 16-06?

695 sqft (64.6 sqm): a one-bedroom apartment on the 16th floor of a 49-storey tower completed in 2025.

What is unit 16-06 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Three sold for AED 600,000 to 2,150,000 in the last 12 months, around AED 2,582 per sqft.

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Mortgage on 16-06, Peninsula Three

Starts from the last sale price (AED 1.42M, 6 October 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,415,000
Deposit, UAE resident (20%): AED 283,000
Deposit, non-resident (40%): AED 566,000
Monthly over 25 years at 3.7%: AED 5,789

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