1-bed · 674 sqftPeninsula Three, Business Bay · 23rd floor · completed 2025

23-02, Peninsula Three

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 23-02 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 1.55M23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 23-02, Peninsula Three

What is 23-02 worth today?

Last sold for AED 1,550,000 in 2024

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23 Jan 2024SoldOff-plan
AED 1,550,000AED 2,300 per sqft
18 Aug 2022Sold by developerOff-plan
AED 1,298,000AED 1,926 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
23rd of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.55M · January 2024

About 23-02, Peninsula Three

23-02 is a one-bedroom apartment of 674 sqft on the 23rd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 23 January 2024 for AED 1,550,000, or AED 2,300 per sqft, 4% above the AED 2,217 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 23-02 over time

Sales
Unit 23-02, each saleTypical one-bed in Peninsula Three
1.25M1.5M1.75M202220242026Typical 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 1,298,000 (AED 1,926 per sqft)Sold, January 2024: AED 1,550,000 (AED 2,300 per sqft)

23-02 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 23-02 sits

All 491 1-beds →

23-02 last sold in January 2024 at AED 2,300 per sqft, 4% above what one-beds in Peninsula Three were fetching at the time (AED 2,217). 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 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 23rd floor

All 846 units in Peninsula Three
Value
23-01StudioAED 1.18M · Sep 2025
23-03StudioAED 892K · Aug 2022
23-04StudioAED 883K · Sep 2022
23-051-bedAED 1.74M · Sep 2026
23-061-bedAED 1.53M · May 2026
23-071-bedAED 1.7M · Jun 2025
23-081-bedAED 1.37M · Aug 2022
1–7 of 19

23-02, Peninsula Three in numbers

  • Sold twice: first on 18 August 2022 for AED 1,298,000, last on 23 January 2024 for AED 1,550,000 (AED 2,300 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 23 January 2024.

Questions about 23-02, Peninsula Three

What did unit 23-02 last sell for?

AED 1,550,000 on 23 January 2024: AED 2,300 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 1,298,000 in August 2022.

How big is unit 23-02?

674 sqft (62.6 sqm): a one-bedroom apartment on the 23rd floor of a 49-storey tower completed in 2025.

What is unit 23-02 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 23-02, Peninsula Three

Starts from the last sale price (AED 1.55M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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