23-03, Peninsula Three
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 23-03, Peninsula Three
What is 23-03 worth today?
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Source: Dubai Land Department. Updated 7 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 23rd of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 892K · August 2022
- Building
- Peninsula Three
About 23-03, Peninsula Three
23-03 is a studio of 415 sqft on the 23rd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 17 August 2022 for AED 892,000, or AED 2,150 per sqft, in line with the AED 2,123 studios in the building were fetching at the time.
One Ejari contract is registered, from 7 October 2026. The current contract, signed on 7 October 2026, is AED 75,000 a year: a gross yield of 8.4% on the 2022 price.
Sales and rents for 23-03 over time
23-03 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Three, and where 23-03 sits
All 224 studios →23-03 last sold in August 2022 at AED 2,150 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,123). 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. 23-03's AED 75,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 422 sqft | 1,200,000 | 2,846 | ||
| 25 Sep 202625 September 2026 | 427 sqft | 1,150,000 | 2,693 | ||
| 23 Sep 202623 September 2026 | 420 sqft | 1,200,000 | 2,857 | ||
| 19 Sep 202619 September 2026 | 446 sqft | 1,120,000 | 2,513 |
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 23rd floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 23-01 | Studio | 436 sqft | AED 1.18MAED 1,180,000 · Sep 2025September 2025 | ||
| 23-02 | 1-bed | 674 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | ||
| 23-04 | Studio | 411 sqft | AED 883KAED 883,000 · Sep 2022September 2022 | 85,000 /yr | |
| 23-05 | 1-bed | 684 sqft | AED 1.74MAED 1,735,000 · Sep 2026September 2026 | ||
| 23-06 | 1-bed | 685 sqft | AED 1.53MAED 1,530,000 · May 2026May 2026 | 100,000 /yr | |
| 23-07 | 1-bed | 695 sqft | AED 1.7MAED 1,700,000 · Jun 2025June 2025 | ||
| 23-08 | 1-bed | 681 sqft | AED 1.37MAED 1,374,000 · Aug 2022August 2022 | ||
| 23-09 | Studio | 410 sqft | AED 970KAED 970,000 · Sep 2022September 2022 | 77,000 /yr | |
| 23-10 | Studio | 414 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 90,000 /yr | |
| 23-11 | Studio | 424 sqft | AED 1.03MAED 1,028,000 · Sep 2022September 2022 | ||
| 23-12 | 1-bed | 657 sqft | AED 1.57MAED 1,566,000 · Aug 2022August 2022 | 96,000 /yr | |
| 23-13 | 2-bed | 940 sqft | AED 1.95MAED 1,950,000 · Aug 2022August 2022 | 170,000 /yr | |
| 23-14 | 1-bed | 644 sqft | AED 1.6MAED 1,600,000 · Sep 2025September 2025 | 90,000 /yr | |
| 23-15 | 1-bed | 695 sqft | AED 1.75MAED 1,750,000 · May 2025May 2025 | ||
| 23-16 | 1-bed | 695 sqft | AED 1.48MAED 1,476,000 · Sep 2022September 2022 | ||
| 23-17 | 1-bed | 660 sqft | AED 1.69MAED 1,685,000 · Aug 2026August 2026 | ||
| 23-18 | 1-bed | 676 sqft | AED 2.15MAED 2,150,000 · Mar 2026March 2026 | ||
| 23-19 | 2-bed | 931 sqft | AED 1.96MAED 1,963,000 · Oct 2022October 2022 | 155,000 /yr | |
| 23-20 | 1-bed | 649 sqft | AED 1.38MAED 1,377,000 · Aug 2022August 2022 | 80,000 /yr |
23-03, Peninsula Three in numbers
- Sold once: by Select Global Development on 17 August 2022 for AED 892,000, or AED 2,150 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 8.4%.
- 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 7 October 2026.
Questions about 23-03, Peninsula Three
What did unit 23-03 last sell for?
AED 892,000 on 17 August 2022, sold by the developer: AED 2,150 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 23-03?
AED 75,000 a year on the contract signed on 7 October 2026.
How big is unit 23-03?
415 sqft (38.6 sqm): a studio on the 23rd floor of a 49-storey tower completed in 2025.
What is unit 23-03 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 23-03, Peninsula Three
Starts from the last sale price (AED 892K, 17 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 892,000
- Deposit, UAE resident (20%)
- AED 178,400
- Deposit, non-resident (40%)
- AED 356,800
- Monthly over 25 years at 3.7%
- AED 3,649
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →