29-12, Peninsula Three
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 29-12, Peninsula Three
What is 29-12 worth today?
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Source: Dubai Land Department. Updated 29 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 941 sqft
- Floor
- 29th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.99M · September 2022
- Building
- Peninsula Three
About 29-12, Peninsula Three
29-12 is a two-bedroom apartment of 941 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 21 September 2022 for AED 1,987,000, or AED 2,112 per sqft, in line with the AED 2,157 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 July 2026. The current contract, signed on 29 July 2026, is AED 160,000 a year: a gross yield of 8.1% on the 2022 price.
Sales and rents for 29-12 over time
29-12 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Three, and where 29-12 sits
All 138 2-beds →29-12 last sold in September 2022 at AED 2,112 per sqft, in line with what two-beds in Peninsula Three were fetching at the time (AED 2,157). 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. 29-12's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 923 sqft | 2,225,000 | 2,410 | ||
| 16 Oct 202616 October 2026 | 945 sqft | 2,525,000 | 2,672 | ||
| 26 Aug 202626 August 2026 | 923 sqft | 2,450,000 | 2,654 | ||
| 20 Aug 202620 August 2026 | 925 sqft | 2,800,000 | 3,027 |
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 29th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 29-01 | 2-bed | 1,061 sqft | AED 2.13MAED 2,134,000 · Apr 2024April 2024 | 186,000 /yr | |
| 29-02 | 1-bed | 660 sqft | AED 1.85MAED 1,850,000 · Mar 2026March 2026 | ||
| 29-03 | Studio | 427 sqft | AED 1.15MAED 1,150,000 · Sep 2026September 2026 | 70,000 /yr | |
| 29-04 | Studio | 413 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | 75,000 /yr | |
| 29-05 | 1-bed | 682 sqft | AED 1.35MAED 1,346,000 · Aug 2022August 2022 | ||
| 29-06 | 1-bed | 695 sqft | AED 1.44MAED 1,440,000 · Aug 2022August 2022 | ||
| 29-07 | 1-bed | 695 sqft | AED 1.44MAED 1,440,000 · Aug 2022August 2022 | ||
| 29-08 | 1-bed | 682 sqft | AED 1.6MAED 1,600,000 · Jun 2024June 2024 | ||
| 29-09 | Studio | 412 sqft | AED 980KAED 980,000 · Oct 2022October 2022 | 68,500 /yr | |
| 29-10 | Studio | 412 sqft | AED 1.29MAED 1,290,000 · Nov 2025November 2025 | ||
| 29-11 | 2-bed | 987 sqft | AED 2.74MAED 2,740,000 · Jun 2026June 2026 | ||
| 29-13 | 1-bed | 646 sqft | AED 1.4MAED 1,395,000 · Oct 2022October 2022 | ||
| 29-14 | 1-bed | 823 sqft | AED 1.8MAED 1,802,000 · Sep 2022September 2022 | 137,000 /yr | |
| 29-15 | 1-bed | 823 sqft | AED 1.8MAED 1,802,000 · Sep 2022September 2022 | 140,000 /yr | |
| 29-16 | 1-bed | 665 sqft | AED 1.44MAED 1,438,000 · Aug 2022August 2022 | ||
| 29-17 | 1-bed | 669 sqft | AED 1.44MAED 1,443,000 · Aug 2022August 2022 | ||
| 29-18 | 2-bed | 931 sqft | AED 2MAED 1,998,000 · Sep 2022September 2022 | 185,000 /yr |
29-12, Peninsula Three in numbers
- Sold once: by Select Global Development on 21 September 2022 for AED 1,987,000, or AED 2,112 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 8.1%.
- 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 29 July 2026.
Questions about 29-12, Peninsula Three
What did unit 29-12 last sell for?
AED 1,987,000 on 21 September 2022, sold by the developer: AED 2,112 per sqft for 941 sqft. It is the only registered sale of the unit.
What is the rent for unit 29-12?
AED 160,000 a year on the contract signed on 29 July 2026.
How big is unit 29-12?
941 sqft (87.4 sqm): a two-bedroom apartment on the 29th floor of a 49-storey tower completed in 2025.
What is unit 29-12 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 29-12, Peninsula Three
Starts from the last sale price (AED 1.99M, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,987,000
- Deposit, UAE resident (20%)
- AED 397,400
- Deposit, non-resident (40%)
- AED 794,800
- Monthly over 25 years at 3.7%
- AED 8,129
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →