Studio · 411 sqftPeninsula Three, Business Bay · 22nd floor · completed 2025

22-04, Peninsula Three

Sold prices and rental history: sold twice, last in December 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 22-04 · DLD and Ejari recordsUpdated 16 January 2026
Last soldAED 875K26 December 2022
Current rentAED 83K /yr16 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 22-04, Peninsula Three

What is 22-04 worth today?

Last sold for AED 874,750 in 2022

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16 Jan 2026RentedNew contract
AED 83,000/yr12 months · AED 198 per sqft
26 Dec 2022SoldOff-plan
AED 874,750AED 2,129 per sqft
18 Aug 2022Sold by developerOff-plan
AED 879,000AED 2,139 per sqft

Source: Dubai Land Department. Updated 16 January 2026.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
22nd of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 875K · December 2022

About 22-04, Peninsula Three

22-04 is a studio of 411 sqft on the 22nd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 26 December 2022 for AED 874,750, or AED 2,129 per sqft, 5% below the AED 2,241 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 January 2026. The current contract, signed on 16 January 2026, is AED 83,000 a year: a gross yield of 9.5% on the 2022 price.

Sales and rents for 22-04 over time

Sales
Unit 22-04, 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, August 2022: AED 879,000 (AED 2,139 per sqft)Sold, December 2022: AED 874,750 (AED 2,129 per sqft)

22-04 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 22-04 sits

All 224 studios →

22-04 last sold in December 2022 at AED 2,129 per sqft, 5% below what studios in Peninsula Three were fetching at the time (AED 2,241). 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. 22-04's AED 83,000 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 22nd floor

All 846 units in Peninsula Three
Value
22-01StudioAED 1.35M · Apr 2026
22-021-bedAED 1.6M · Jan 2025
22-03StudioAED 1.25M · Mar 2026
22-051-bedAED 1.31M · Sep 2022
22-061-bedAED 1.4M · Sep 2022
22-071-bedAED 1.4M · Aug 2022
22-081-bedAED 1.37M · Aug 2022
1–7 of 19

22-04, Peninsula Three in numbers

  • Sold twice: first on 18 August 2022 for AED 879,000, last on 26 December 2022 for AED 874,750 (AED 2,129 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2022 price is 9.5%.
  • 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 16 January 2026.

Questions about 22-04, Peninsula Three

What did unit 22-04 last sell for?

AED 874,750 on 26 December 2022: AED 2,129 per sqft for 411 sqft. The unit has 2 registered sales; the first was AED 879,000 in August 2022.

What is the rent for unit 22-04?

AED 83,000 a year on the contract signed on 16 January 2026.

How big is unit 22-04?

411 sqft (38.2 sqm): a studio on the 22nd floor of a 49-storey tower completed in 2025.

What is unit 22-04 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 22-04, Peninsula Three

Starts from the last sale price (AED 875K, 26 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 874,750
Deposit, UAE resident (20%)
AED 174,950
Deposit, non-resident (40%)
AED 349,900
Monthly over 25 years at 3.7%
AED 3,579

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