34-16, Peninsula Three
Sold prices and rental history: sold twice, last in May 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 34-16, Peninsula Three
What is 34-16 worth today?
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Source: Dubai Land Department. Updated 3 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 34th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.69M · May 2024
- Building
- Peninsula Three
About 34-16, Peninsula Three
34-16 is a one-bedroom apartment of 665 sqft on the 34th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 28 May 2024 for AED 1,690,000, or AED 2,540 per sqft, 10% above the AED 2,315 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 June 2026. The current contract, signed on 3 June 2026, is AED 115,000 a year: a gross yield of 6.8% on the 2024 price.
Sales and rents for 34-16 over time
34-16 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Three, and where 34-16 sits
All 491 1-beds →34-16 last sold in May 2024 at AED 2,540 per sqft, 10% above what one-beds in Peninsula Three were fetching at the time (AED 2,315). Over the last 12 months one-beds sold for AED 600,000 to 2,150,000, around AED 2,582 per sqft, and rent for AED 12,000 to 180,000 a year. 34-16's AED 115,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 660 sqft | 1,700,000 | 2,577 | ||
| 3 Nov 20263 November 2026 | 342 sqft | 600,000 | 1,752 | ||
| 27 Oct 202627 October 2026 | 676 sqft | 2,000,000 | 2,957 | ||
| 22 Oct 202622 October 2026 | 676 sqft | 1,790,000 | 2,648 |
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 34th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 34-01 | 2-bed | 1,061 sqft | AED 2.18MAED 2,183,000 · Sep 2022September 2022 | 185,000 /yr | |
| 34-02 | 1-bed | 674 sqft | AED 1.36MAED 1,360,000 · Aug 2022August 2022 | 105,000 /yr | |
| 34-03 | Studio | 413 sqft | AED 925KAED 925,000 · Sep 2022September 2022 | 75,000 /yr | |
| 34-04 | Studio | 420 sqft | AED 1.2MAED 1,200,000 · Sep 2026September 2026 | 89,759 /yr | |
| 34-05 | 1-bed | 676 sqft | AED 1.73MAED 1,725,000 · Aug 2026August 2026 | 76,000 /yr | |
| 34-06 | 1-bed | 695 sqft | AED 1.47MAED 1,473,000 · Sep 2022September 2022 | ||
| 34-07 | 1-bed | 695 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | ||
| 34-08 | 1-bed | 670 sqft | AED 1.75MAED 1,750,000 · Mar 2026March 2026 | ||
| 34-09 | Studio | 412 sqft | AED 985KAED 985,000 · Oct 2022October 2022 | 70,000 /yr | |
| 34-10 | Studio | 412 sqft | AED 1.19MAED 1,190,000 · Sep 2024September 2024 | ||
| 34-11 | 2-bed | 987 sqft | AED 3.4MAED 3,400,000 · Jun 2026June 2026 | 215,000 /yr | |
| 34-12 | 2-bed | 941 sqft | AED 2.03MAED 2,030,000 · Jul 2022July 2022 | ||
| 34-13 | 1-bed | 646 sqft | AED 1.64MAED 1,635,000 · Aug 2025August 2025 | 130,000 /yr | |
| 34-14 | 1-bed | 823 sqft | AED 1.84MAED 1,841,000 · Oct 2022October 2022 | ||
| 34-15 | 1-bed | 823 sqft | AED 1.84MAED 1,841,000 · Oct 2022October 2022 | ||
| 34-17 | 1-bed | 669 sqft | AED 1.47MAED 1,474,000 · Sep 2022September 2022 | ||
| 34-18 | 2-bed | 931 sqft | AED 2.04MAED 2,042,000 · Sep 2022September 2022 |
34-16, Peninsula Three in numbers
- Sold twice: first on 18 August 2022 for AED 1,469,000, last on 28 May 2024 for AED 1,690,000 (AED 2,540 per sqft).
- Rented since June 2026 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2024 price is 6.8%.
- One-beds in Peninsula Three sold for AED 600,000–2,150,000 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 3 June 2026.
Questions about 34-16, Peninsula Three
What did unit 34-16 last sell for?
AED 1,690,000 on 28 May 2024: AED 2,540 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 1,469,000 in August 2022.
What is the rent for unit 34-16?
AED 115,000 a year on the contract signed on 3 June 2026.
How big is unit 34-16?
665 sqft (61.8 sqm): a one-bedroom apartment on the 34th floor of a 49-storey tower completed in 2025.
What is unit 34-16 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Three sold for AED 600,000 to 2,150,000 in the last 12 months, around AED 2,582 per sqft.
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Mortgage on 34-16, Peninsula Three
Starts from the last sale price (AED 1.69M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,690,000
- Deposit, UAE resident (20%)
- AED 338,000
- Deposit, non-resident (40%)
- AED 676,000
- Monthly over 25 years at 3.7%
- AED 6,914
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →