22-16, Peninsula Three
Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 22-16, Peninsula Three
What is 22-16 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 695 sqft
- Floor
- 22nd of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.47M · October 2022
- Building
- Peninsula Three
About 22-16, Peninsula Three
22-16 is a one-bedroom apartment of 695 sqft on the 22nd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 24 October 2022 for AED 1,470,000, or AED 2,115 per sqft, in line with the AED 2,100 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 95,000 a year: a gross yield of 6.5% on the 2022 price.
Sales and rents for 22-16 over time
22-16 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Three, and where 22-16 sits
All 491 1-beds →22-16 last sold in October 2022 at AED 2,115 per sqft, in line with what one-beds in Peninsula Three were fetching at the time (AED 2,100). 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. 22-16's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Peninsula Three
Building846 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%
Other units on the 22nd floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 22-01 | Studio | 446 sqft | AED 1.35MAED 1,350,000 · Apr 2026April 2026 | ||
| 22-02 | 1-bed | 674 sqft | AED 1.6MAED 1,600,000 · Jan 2025January 2025 | 100,000 /yr | |
| 22-03 | Studio | 429 sqft | AED 1.25MAED 1,250,000 · Mar 2026March 2026 | ||
| 22-04 | Studio | 411 sqft | AED 875KAED 874,750 · Dec 2022December 2022 | 83,000 /yr | |
| 22-05 | 1-bed | 682 sqft | AED 1.31MAED 1,308,000 · Sep 2022September 2022 | ||
| 22-06 | 1-bed | 695 sqft | AED 1.4MAED 1,400,000 · Sep 2022September 2022 | 99,000 /yr | |
| 22-07 | 1-bed | 695 sqft | AED 1.4MAED 1,399,000 · Aug 2022August 2022 | 92,000 /yr | |
| 22-08 | 1-bed | 681 sqft | AED 1.37MAED 1,367,000 · Aug 2022August 2022 | ||
| 22-09 | Studio | 410 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 80,000 /yr | |
| 22-10 | Studio | 414 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | 80,000 /yr | |
| 22-11 | Studio | 424 sqft | AED 1.02MAED 1,020,000 · Sep 2022September 2022 | ||
| 22-12 | 1-bed | 657 sqft | AED 1.55MAED 1,554,000 · Aug 2022August 2022 | 140,000 /yr | |
| 22-13 | 2-bed | 940 sqft | AED 1.94MAED 1,942,000 · Sep 2022September 2022 | 192,500 /yr | |
| 22-14 | 1-bed | 644 sqft | AED 1.35MAED 1,354,000 · Aug 2022August 2022 | ||
| 22-15 | 1-bed | 685 sqft | AED 1.72MAED 1,715,000 · Mar 2026March 2026 | 85,000 /yr | |
| 22-17 | 1-bed | 665 sqft | AED 1.4MAED 1,401,000 · Sep 2022September 2022 | ||
| 22-18 | 1-bed | 669 sqft | AED 1.41MAED 1,405,000 · Aug 2022August 2022 | 95,000 /yr | |
| 22-19 | 2-bed | 931 sqft | AED 1.95MAED 1,954,000 · Oct 2022October 2022 | 150,000 /yr | |
| 22-20 | 1-bed | 649 sqft | AED 1.37MAED 1,371,000 · Aug 2022August 2022 |
22-16, Peninsula Three in numbers
- Sold once: by Select Global Development on 24 October 2022 for AED 1,470,000, or AED 2,115 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 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 1 August 2026.
Questions about 22-16, Peninsula Three
What did unit 22-16 last sell for?
AED 1,470,000 on 24 October 2022, sold by the developer: AED 2,115 per sqft for 695 sqft. It is the only registered sale of the unit.
What is the rent for unit 22-16?
AED 95,000 a year on the contract signed on 1 August 2026.
How big is unit 22-16?
695 sqft (64.6 sqm): a one-bedroom apartment on the 22nd floor of a 49-storey tower completed in 2025.
What is unit 22-16 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 22-16, Peninsula Three
Starts from the last sale price (AED 1.47M, 24 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,470,000
- Deposit, UAE resident (20%)
- AED 294,000
- Deposit, non-resident (40%)
- AED 588,000
- Monthly over 25 years at 3.7%
- AED 6,014
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →