38-18, Peninsula Three
Sold prices and rental history: sold twice, last in April 2025, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 38-18, Peninsula Three
What is 38-18 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 38th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 2.35M · April 2025
- Building
- Peninsula Three
About 38-18, Peninsula Three
38-18 is a two-bedroom apartment of 931 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 18 April 2025 for AED 2,350,000, or AED 2,524 per sqft, in line with the AED 2,459 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 March 2026. The current contract, signed on 5 March 2026, is AED 180,000 a year: a gross yield of 7.7% on the 2025 price.
Sales and rents for 38-18 over time
38-18 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Three, and where 38-18 sits
All 138 2-beds →38-18 last sold in April 2025 at AED 2,524 per sqft, in line with what two-beds in Peninsula Three were fetching at the time (AED 2,459). 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. 38-18's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 923 sqft | 2,225,000 | 2,410 | ||
| 16 Oct 202616 October 2026 | 945 sqft | 2,525,000 | 2,672 | ||
| 26 Aug 202626 August 2026 | 923 sqft | 2,450,000 | 2,654 | ||
| 20 Aug 202620 August 2026 | 925 sqft | 2,800,000 | 3,027 |
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 | |
| 38-03 | 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, Peninsula Three in numbers
- Sold twice: first on 20 September 2022 for AED 2,078,000, last on 18 April 2025 for AED 2,350,000 (AED 2,524 per sqft).
- Rented since March 2026 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2025 price is 7.7%.
- 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 5 March 2026.
Questions about 38-18, Peninsula Three
What did unit 38-18 last sell for?
AED 2,350,000 on 18 April 2025: AED 2,524 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 2,078,000 in September 2022.
What is the rent for unit 38-18?
AED 180,000 a year on the contract signed on 5 March 2026.
How big is unit 38-18?
931 sqft (86.5 sqm): a two-bedroom apartment on the 38th floor of a 49-storey tower completed in 2025.
What is unit 38-18 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.
Selling 38-18? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 38-18, Peninsula Three
Starts from the last sale price (AED 2.35M, 18 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →