38-02, 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 38-02, Peninsula Three
What is 38-02 worth today?
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Source: Dubai Land Department. Updated 3 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 674 sqft
- Floor
- 38th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.39M · September 2022
- Building
- Peninsula Three
About 38-02, Peninsula Three
38-02 is a one-bedroom apartment of 674 sqft on the 38th 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 1,385,000, or AED 2,055 per sqft, in line with the AED 2,073 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 July 2026. The current contract, signed on 3 July 2026, is AED 99,000 a year: a gross yield of 7.1% on the 2022 price.
Sales and rents for 38-02 over time
38-02 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Three, and where 38-02 sits
All 491 1-beds →38-02 last sold in September 2022 at AED 2,055 per sqft, in line with what one-beds in Peninsula Three were fetching at the time (AED 2,073). 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. 38-02's AED 99,000 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 38th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 38-01 | 2-bed | 1,061 sqft | AED 2.4MAED 2,400,000 · Oct 2022October 2022 | ||
| 38-03 | Studio | 413 sqft | AED 932KAED 932,000 · Jan 2023January 2023 | 90,000 /yr | |
| 38-04 | Studio | 413 sqft | AED 932KAED 932,000 · Jan 2023January 2023 | ||
| 38-05 | 1-bed | 682 sqft | AED 1.4MAED 1,404,000 · Sep 2022September 2022 | ||
| 38-06 | 1-bed | 695 sqft | AED 1.5MAED 1,499,000 · Oct 2022October 2022 | 115,000 /yr | |
| 38-07 | 1-bed | 698 sqft | AED 2.1MAED 2,100,000 · Apr 2026April 2026 | ||
| 38-08 | 1-bed | 682 sqft | AED 1.47MAED 1,465,000 · Sep 2022September 2022 | ||
| 38-09 | Studio | 412 sqft | AED 1.33MAED 1,330,000 · Jul 2025July 2025 | 72,000 /yr | |
| 38-10 | Studio | 429 sqft | AED 1.37MAED 1,370,000 · Feb 2026February 2026 | 84,765 /yr | |
| 38-11 | 2-bed | 1,011 sqft | AED 2.27MAED 2,270,000 · Oct 2022October 2022 | 199,446 /yr | |
| 38-12 | 2-bed | 941 sqft | AED 2.07MAED 2,065,000 · Sep 2022September 2022 | ||
| 38-13 | 1-bed | 646 sqft | AED 1.56MAED 1,560,000 · May 2024May 2024 | 95,000 /yr | |
| 38-14 | 1-bed | 823 sqft | AED 1.87MAED 1,872,000 · Oct 2022October 2022 | ||
| 38-15 | 1-bed | 823 sqft | AED 1.95MAED 1,950,000 · Oct 2024October 2024 | ||
| 38-16 | 1-bed | 650 sqft | AED 1.88MAED 1,880,000 · Mar 2026March 2026 | ||
| 38-17 | 1-bed | 672 sqft | AED 1.75MAED 1,750,000 · Aug 2026August 2026 | ||
| 38-18 | 2-bed | 931 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | 180,000 /yr |
38-02, Peninsula Three in numbers
- Sold once: by Select Global Development on 21 September 2022 for AED 1,385,000, or AED 2,055 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2022 price is 7.1%.
- 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 July 2026.
Questions about 38-02, Peninsula Three
What did unit 38-02 last sell for?
AED 1,385,000 on 21 September 2022, sold by the developer: AED 2,055 per sqft for 674 sqft. It is the only registered sale of the unit.
What is the rent for unit 38-02?
AED 99,000 a year on the contract signed on 3 July 2026.
How big is unit 38-02?
674 sqft (62.6 sqm): a one-bedroom apartment on the 38th floor of a 49-storey tower completed in 2025.
What is unit 38-02 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 38-02, Peninsula Three
Starts from the last sale price (AED 1.39M, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,385,000
- Deposit, UAE resident (20%)
- AED 277,000
- Deposit, non-resident (40%)
- AED 554,000
- Monthly over 25 years at 3.7%
- AED 5,666
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →