Studio · 413 sqftPeninsula Three, Business Bay · 31st floor · completed 2025

31-04, Peninsula Three

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31-04 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 919K28 October 2022
Current rentAED 84K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31-04, Peninsula Three

What is 31-04 worth today?

Last sold for AED 919,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jul 2026RentedNew contract
AED 84,000/yr12 months · AED 200 per sqft
28 Oct 2022Sold by developerOff-plan
AED 919,000AED 2,224 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
31st of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 919K · October 2022

About 31-04, Peninsula Three

31-04 is a studio of 413 sqft on the 31st floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 28 October 2022 for AED 919,000, or AED 2,224 per sqft, in line with the AED 2,246 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2026. The current contract, signed on 10 July 2026, is AED 84,000 a year: a gross yield of 9.1% on the 2022 price.

Sales and rents for 31-04 over time

Sales
Unit 31-04, 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, October 2022: AED 919,000 (AED 2,224 per sqft)

31-04 has sold once; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 31-04 sits

All 224 studios →

31-04 last sold in October 2022 at AED 2,224 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,246). 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. 31-04's AED 84,000 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 31st floor

All 846 units in Peninsula Three
Value
31-012-bedAED 2.23M · Feb 2025
31-021-bedAED 1.31M · Sep 2022
31-03StudioAED 1.1M · Mar 2025
31-051-bedAED 1.36M · Oct 2022
31-061-bedAED 2M · Jun 2026
31-071-bedAED 1.45M · Oct 2022
31-081-bedAED 1.42M · Sep 2022
1–7 of 17

31-04, Peninsula Three in numbers

  • Sold once: by Select Global Development on 28 October 2022 for AED 919,000, or AED 2,224 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2022 price is 9.1%.
  • 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 10 July 2026.

Questions about 31-04, Peninsula Three

What did unit 31-04 last sell for?

AED 919,000 on 28 October 2022, sold by the developer: AED 2,224 per sqft for 413 sqft. It is the only registered sale of the unit.

What is the rent for unit 31-04?

AED 84,000 a year on the contract signed on 10 July 2026.

How big is unit 31-04?

413 sqft (38.4 sqm): a studio on the 31st floor of a 49-storey tower completed in 2025.

What is unit 31-04 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.

Selling 31-04? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 31-04, Peninsula Three

Starts from the last sale price (AED 919K, 28 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 919,000
Deposit, UAE resident (20%)
AED 183,800
Deposit, non-resident (40%)
AED 367,600
Monthly over 25 years at 3.7%
AED 3,760

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