2-bed · 941 sqftPeninsula Three, Business Bay · 37th floor · completed 2025

37-12, Peninsula Three

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

Unit 37-12 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 2.04M21 September 2022
Current rentAED 200K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 37-12, Peninsula Three

What is 37-12 worth today?

Last sold for AED 2,036,430 in 2022

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28 Jan 2026RentedNew contract
AED 200,000/yr13 months · AED 216 per sqft
21 Sep 2022Sold by developerOff-plan
AED 2,036,430AED 2,165 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
2-bed apartment
Size
941 sqft
Floor
37th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 2.04M · September 2022

About 37-12, Peninsula Three

37-12 is a two-bedroom apartment of 941 sqft on the 37th 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 2,036,430, or AED 2,165 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 28 January 2026. The current contract, signed on 28 January 2026, is AED 200,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 37-12 over time

Sales
Unit 37-12, 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, September 2022: AED 2,036,430 (AED 2,165 per sqft)

37-12 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Three, and where 37-12 sits

All 138 2-beds →

37-12 last sold in September 2022 at AED 2,165 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. 37-12's AED 200,000 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 37th floor

All 846 units in Peninsula Three
Value
37-012-bedAED 2.5M · Nov 2024
37-021-bedAED 2.1M · Mar 2026
37-03StudioAED 930K · Sep 2022
37-04StudioAED 1.2M · Aug 2026
37-051-bedAED 1.4M · Oct 2022
37-061-bedAED 2.1M · Jun 2026
37-071-bedAED 1.65M · Jul 2026
1–7 of 17

37-12, Peninsula Three in numbers

  • Sold once: by Select Global Development on 21 September 2022 for AED 2,036,430, or AED 2,165 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 9.8%.
  • 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 28 January 2026.

Questions about 37-12, Peninsula Three

What did unit 37-12 last sell for?

AED 2,036,430 on 21 September 2022, sold by the developer: AED 2,165 per sqft for 941 sqft. It is the only registered sale of the unit.

What is the rent for unit 37-12?

AED 200,000 a year on the contract signed on 28 January 2026.

How big is unit 37-12?

941 sqft (87.4 sqm): a two-bedroom apartment on the 37th floor of a 49-storey tower completed in 2025.

What is unit 37-12 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 37-12, Peninsula Three

Starts from the last sale price (AED 2.04M, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,036,430
Deposit, UAE resident (20%)
AED 407,286
Deposit, non-resident (40%)
AED 814,572
Monthly over 25 years at 3.7%
AED 8,332

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