1-bed · 657 sqftPeninsula Three, Business Bay · 16th floor · completed 2025

16-12, Peninsula Three

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 16-12 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.54M13 October 2022
Current rentAED 100K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 16-12, Peninsula Three

What is 16-12 worth today?

Last sold for AED 1,543,000 in 2022

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5 Sep 2026RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
13 Oct 2022Sold by developerOff-plan
AED 1,543,000AED 2,348 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
16th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.54M · October 2022

About 16-12, Peninsula Three

16-12 is a one-bedroom apartment of 657 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 13 October 2022 for AED 1,543,000, or AED 2,348 per sqft, 13% above the AED 2,086 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2026. The current contract, signed on 5 September 2026, is AED 100,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 16-12 over time

Sales
Unit 16-12, each saleTypical one-bed in Peninsula Three
1.4M1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,413,000; 2023 AED 1,490,000; 2024 AED 1,600,000; 2025 AED 1,700,000; 2026 AED 1,765,000Sold by developer, October 2022: AED 1,543,000 (AED 2,348 per sqft)

16-12 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 16-12 sits

All 491 1-beds →

16-12 last sold in October 2022 at AED 2,348 per sqft, 13% above what one-beds in Peninsula Three were fetching at the time (AED 2,086). 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. 16-12's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,700,000
3 Nov 2026600,000
27 Oct 20262,000,000
22 Oct 20261,790,000
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
Value
16-01StudioAED 1.05M · Apr 2024
16-021-bedAED 1.73M · Jul 2025
16-03StudioAED 898K · Sep 2022
16-04StudioAED 889K · Oct 2022
16-051-bedAED 1.32M · Dec 2023
16-061-bedAED 1.42M · Oct 2022
16-071-bedAED 1.42M · Oct 2022
1–7 of 19

16-12, Peninsula Three in numbers

  • Sold once: by Select Global Development on 13 October 2022 for AED 1,543,000, or AED 2,348 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.5%.
  • 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 5 September 2026.

Questions about 16-12, Peninsula Three

What did unit 16-12 last sell for?

AED 1,543,000 on 13 October 2022, sold by the developer: AED 2,348 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 16-12?

AED 100,000 a year on the contract signed on 5 September 2026.

How big is unit 16-12?

657 sqft (61.0 sqm): a one-bedroom apartment on the 16th floor of a 49-storey tower completed in 2025.

What is unit 16-12 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 16-12, Peninsula Three

Starts from the last sale price (AED 1.54M, 13 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,543,000
Deposit, UAE resident (20%)
AED 308,600
Deposit, non-resident (40%)
AED 617,200
Monthly over 25 years at 3.7%
AED 6,313

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