Studio · 412 sqftPeninsula Three, Business Bay · 38th floor · completed 2025

38-09, Peninsula Three

Sold prices and rental history: sold twice, last in July 2025, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 38-09 · DLD and Ejari recordsUpdated 12 July 2026
Last soldAED 1.33M28 July 2025
Current rentAED 72K /yr12 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 38-09, Peninsula Three

What is 38-09 worth today?

Last sold for AED 1,330,000 in 2025

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12 Jul 2026RentedNew contract
AED 72,000/yr12 months · AED 172 per sqft
28 Jul 2025SoldOff-plan
AED 1,330,000AED 3,224 per sqft
24 Jan 2023Sold by developerOff-plan
AED 989,000AED 2,397 per sqft

Source: Dubai Land Department. Updated 12 July 2026.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
38th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.33M · July 2025

About 38-09, Peninsula Three

38-09 is a studio of 412 sqft on the 38th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 28 July 2025 for AED 1,330,000, or AED 3,224 per sqft, 18% above the AED 2,735 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 July 2026. The current contract, signed on 12 July 2026, is AED 72,000 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 38-09 over time

Sales
Unit 38-09, each saleTypical studio in Peninsula Three
1M1.2M1.4M202220242026Typical 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, January 2023: AED 989,000 (AED 2,397 per sqft)Sold, July 2025: AED 1,330,000 (AED 3,224 per sqft)

38-09 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 38-09 sits

All 224 studios →

38-09 last sold in July 2025 at AED 3,224 per sqft, 18% above what studios in Peninsula Three were fetching at the time (AED 2,735). 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. 38-09's AED 72,000 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 38th floor

All 846 units in Peninsula Three
Value
38-012-bedAED 2.4M · Oct 2022
38-021-bedAED 1.39M · Sep 2022
38-03StudioAED 932K · Jan 2023
38-04StudioAED 932K · Jan 2023
38-051-bedAED 1.4M · Sep 2022
38-061-bedAED 1.5M · Oct 2022
38-071-bedAED 2.1M · Apr 2026
1–7 of 17

38-09, Peninsula Three in numbers

  • Sold twice: first on 24 January 2023 for AED 989,000, last on 28 July 2025 for AED 1,330,000 (AED 3,224 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 5.4%.
  • 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 12 July 2026.

Questions about 38-09, Peninsula Three

What did unit 38-09 last sell for?

AED 1,330,000 on 28 July 2025: AED 3,224 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 989,000 in January 2023.

What is the rent for unit 38-09?

AED 72,000 a year on the contract signed on 12 July 2026.

How big is unit 38-09?

412 sqft (38.3 sqm): a studio on the 38th floor of a 49-storey tower completed in 2025.

What is unit 38-09 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 38-09, Peninsula Three

Starts from the last sale price (AED 1.33M, 28 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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