Studio · 413 sqftPeninsula Three, Business Bay · 29th floor · completed 2025

29-04, Peninsula Three

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 29-04 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 1.3M10 April 2025
Current rentAED 75K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 29-04, Peninsula Three

What is 29-04 worth today?

Last sold for AED 1,300,000 in 2025

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11 Jul 2026RentedNew contract
AED 75,000/yr12 months · AED 179 per sqft
10 Apr 2025SoldOff-plan
AED 1,300,000AED 3,146 per sqft
10 Apr 2023SoldOff-plan
AED 1,000,000AED 2,420 per sqft
2 Sep 2022Sold by developerOff-plan
AED 916,000AED 2,217 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
29th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.3M · April 2025

About 29-04, Peninsula Three

29-04 is a studio of 413 sqft on the 29th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 10 April 2025 for AED 1,300,000, or AED 3,146 per sqft, 18% above the AED 2,664 studios in the building were fetching at the time.

One Ejari contract is registered, from 11 July 2026. The current contract, signed on 11 July 2026, is AED 75,000 a year: a gross yield of 5.8% on the 2025 price.

Sales and rents for 29-04 over time

Sales
Unit 29-04, 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, September 2022: AED 916,000 (AED 2,217 per sqft)Sold, April 2023: AED 1,000,000 (AED 2,420 per sqft)Sold, April 2025: AED 1,300,000 (AED 3,146 per sqft)

29-04 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 29-04 sits

All 224 studios →

29-04 last sold in April 2025 at AED 3,146 per sqft, 18% above what studios in Peninsula Three were fetching at the time (AED 2,664). 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. 29-04's AED 75,000 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 29th floor

All 846 units in Peninsula Three
Value
29-012-bedAED 2.13M · Apr 2024
29-021-bedAED 1.85M · Mar 2026
29-03StudioAED 1.15M · Sep 2026
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

29-04, Peninsula Three in numbers

  • Sold 3 times: first on 2 September 2022 for AED 916,000, last on 10 April 2025 for AED 1,300,000 (AED 3,146 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 5.8%.
  • 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 11 July 2026.

Questions about 29-04, Peninsula Three

What did unit 29-04 last sell for?

AED 1,300,000 on 10 April 2025: AED 3,146 per sqft for 413 sqft. The unit has 3 registered sales; the first was AED 916,000 in September 2022.

What is the rent for unit 29-04?

AED 75,000 a year on the contract signed on 11 July 2026.

How big is unit 29-04?

413 sqft (38.4 sqm): a studio on the 29th floor of a 49-storey tower completed in 2025.

What is unit 29-04 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 29-04, Peninsula Three

Starts from the last sale price (AED 1.3M, 10 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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