1-bed · 695 sqftPeninsula Three, Business Bay · 17th floor · completed 2025

17-16, Peninsula Three

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

Unit 17-16 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.5M20 August 2022
Current rentAED 140K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 17-16, Peninsula Three

What is 17-16 worth today?

Last sold for AED 1,495,000 in 2022

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20 Feb 2026RentedNew contract
AED 140,000/yr36 months · AED 203 per sqft
20 Aug 2022Sold by developerOff-plan
AED 1,495,000AED 2,150 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
17th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.5M · August 2022

About 17-16, Peninsula Three

17-16 is a one-bedroom apartment of 695 sqft on the 17th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 20 August 2022 for AED 1,495,000, or AED 2,150 per sqft, 4% above the AED 2,073 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 140,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 17-16 over time

Sales
Unit 17-16, 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, August 2022: AED 1,495,000 (AED 2,150 per sqft)

17-16 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 17-16 sits

All 491 1-beds →

17-16 last sold in August 2022 at AED 2,150 per sqft, 4% above what one-beds in Peninsula Three were fetching at the time (AED 2,073). 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. 17-16's AED 140,000 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 17th floor

All 846 units in Peninsula Three
Value
17-01StudioAED 946K · Oct 2022
17-021-bedAED 1.68M · May 2026
17-03StudioAED 1.2M · Nov 2025
17-04StudioAED 893K · Oct 2022
17-051-bedAED 1.33M · Oct 2022
17-061-bedAED 1.75M · Apr 2026
17-071-bedAED 1.58M · Mar 2025
1–7 of 19

17-16, Peninsula Three in numbers

  • Sold once: by Select Global Development on 20 August 2022 for AED 1,495,000, or AED 2,150 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 20 February 2026.

Questions about 17-16, Peninsula Three

What did unit 17-16 last sell for?

AED 1,495,000 on 20 August 2022, sold by the developer: AED 2,150 per sqft for 695 sqft. It is the only registered sale of the unit.

What is the rent for unit 17-16?

AED 140,000 a year on the contract signed on 20 February 2026.

How big is unit 17-16?

695 sqft (64.6 sqm): a one-bedroom apartment on the 17th floor of a 49-storey tower completed in 2025.

What is unit 17-16 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 17-16, Peninsula Three

Starts from the last sale price (AED 1.5M, 20 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,000
Deposit, UAE resident (20%)
AED 299,000
Deposit, non-resident (40%)
AED 598,000
Monthly over 25 years at 3.7%
AED 6,117

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