38-03, Peninsula Three
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 38-03, Peninsula Three
What is 38-03 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 38th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 932K · January 2023
- Building
- Peninsula Three
About 38-03, Peninsula Three
38-03 is a studio of 413 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 24 January 2023 for AED 932,000, or AED 2,255 per sqft, in line with the AED 2,246 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 90,000 a year: a gross yield of 9.7% on the 2023 price.
Sales and rents for 38-03 over time
38-03 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Three, and where 38-03 sits
All 224 studios →38-03 last sold in January 2023 at AED 2,255 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. 38-03's AED 90,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 422 sqft | 1,200,000 | 2,846 | ||
| 25 Sep 202625 September 2026 | 427 sqft | 1,150,000 | 2,693 | ||
| 23 Sep 202623 September 2026 | 420 sqft | 1,200,000 | 2,857 | ||
| 19 Sep 202619 September 2026 | 446 sqft | 1,120,000 | 2,513 |
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 | ||
| 38-02 | 1-bed | 674 sqft | AED 1.39MAED 1,385,000 · Sep 2022September 2022 | 99,000 /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 |
38-03, Peninsula Three in numbers
- Sold once: by Select Global Development on 24 January 2023 for AED 932,000, or AED 2,255 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 9.7%.
- 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 20 February 2026.
Questions about 38-03, Peninsula Three
What did unit 38-03 last sell for?
AED 932,000 on 24 January 2023, sold by the developer: AED 2,255 per sqft for 413 sqft. It is the only registered sale of the unit.
What is the rent for unit 38-03?
AED 90,000 a year on the contract signed on 20 February 2026.
How big is unit 38-03?
413 sqft (38.4 sqm): a studio on the 38th floor of a 49-storey tower completed in 2025.
What is unit 38-03 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.
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Mortgage on 38-03, Peninsula Three
Starts from the last sale price (AED 932K, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 932,000
- Deposit, UAE resident (20%)
- AED 186,400
- Deposit, non-resident (40%)
- AED 372,800
- Monthly over 25 years at 3.7%
- AED 3,813
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →