2-bed · 1,061 sqftPeninsula Three, Business Bay · 29th floor · completed 2025

29-01, Peninsula Three

Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 29-01 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 2.13M30 April 2024
Current rentAED 186K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 29-01, Peninsula Three

What is 29-01 worth today?

Last sold for AED 2,134,000 in 2024

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14 Feb 2026RentedNew contract
AED 186,000/yr12 months · AED 173 per sqft
30 Apr 2024Sold by developerOff-plan
AED 2,134,000AED 2,010 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
2-bed apartment
Size
1,061 sqft
Floor
29th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 2.13M · April 2024

About 29-01, Peninsula Three

29-01 is a two-bedroom apartment of 1,061 sqft on the 29th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 30 April 2024 for AED 2,134,000, or AED 2,010 per sqft, 9% below the AED 2,210 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 February 2026. The current contract, signed on 14 February 2026, is AED 186,000 a year: a gross yield of 8.7% on the 2024 price.

Sales and rents for 29-01 over time

Sales
Unit 29-01, each saleTypical two-bed in Peninsula Three
2M2.5M202220242026Typical sale price by year: 2022 AED 2,074,000; 2023 AED 2,193,000; 2024 AED 2,350,000; 2025 AED 2,470,000; 2026 AED 2,730,000Sold by developer, April 2024: AED 2,134,000 (AED 2,010 per sqft)

29-01 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Three, and where 29-01 sits

All 138 2-beds →

29-01 last sold in April 2024 at AED 2,010 per sqft, 9% below what two-beds in Peninsula Three were fetching at the time (AED 2,210). Over the last 12 months two-beds sold for AED 135,000 to 3,400,000, around AED 2,807 per sqft, and rent for AED 100,000 to 250,000 a year. 29-01's AED 186,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,225,000
16 Oct 20262,525,000
26 Aug 20262,450,000
20 Aug 20262,800,000
26 2-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 29th floor

All 846 units in Peninsula Three
Value
29-021-bedAED 1.85M · Mar 2026
29-03StudioAED 1.15M · Sep 2026
29-04StudioAED 1.3M · Apr 2025
29-051-bedAED 1.35M · Aug 2022
29-061-bedAED 1.44M · Aug 2022
29-071-bedAED 1.44M · Aug 2022
29-081-bedAED 1.6M · Jun 2024
1–7 of 17

29-01, Peninsula Three in numbers

  • Sold once: by Select Global Development on 30 April 2024 for AED 2,134,000, or AED 2,010 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 186,000 a year.
  • At AED 186,000 a year the gross yield on the 2024 price is 8.7%.
  • Two-beds in Peninsula Three sold for AED 135,000–3,400,000 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 14 February 2026.

Questions about 29-01, Peninsula Three

What did unit 29-01 last sell for?

AED 2,134,000 on 30 April 2024, sold by the developer: AED 2,010 per sqft for 1,061 sqft. It is the only registered sale of the unit.

What is the rent for unit 29-01?

AED 186,000 a year on the contract signed on 14 February 2026.

How big is unit 29-01?

1,061 sqft (98.6 sqm): a two-bedroom apartment on the 29th floor of a 49-storey tower completed in 2025.

What is unit 29-01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Three sold for AED 135,000 to 3,400,000 in the last 12 months, around AED 2,807 per sqft.

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Mortgage on 29-01, Peninsula Three

Starts from the last sale price (AED 2.13M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,134,000
Deposit, UAE resident (20%)
AED 426,800
Deposit, non-resident (40%)
AED 853,600
Monthly over 25 years at 3.7%
AED 8,731

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