1-bed · 695 sqftPeninsula Three, Business Bay · 4th floor · completed 2025

4-16, Peninsula Three

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

Unit 4-16 · DLD and Ejari recordsUpdated 9 September 2026
Last soldAED 1.35M24 August 2022
Current rentAED 110K /yr9 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4-16, Peninsula Three

What is 4-16 worth today?

Last sold for AED 1,353,000 in 2022

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9 Sep 2026RentedNew contract
AED 110,000/yr12 months · AED 160 per sqft
24 Aug 2022Sold by developerOff-plan
AED 1,353,000AED 1,946 per sqft

Source: Dubai Land Department. Updated 9 September 2026.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
4th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.35M · August 2022

About 4-16, Peninsula Three

4-16 is a one-bedroom apartment of 695 sqft on the 4th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 24 August 2022 for AED 1,353,000, or AED 1,946 per sqft, 6% below the AED 2,073 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 September 2026. The current contract, signed on 9 September 2026, is AED 110,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 4-16 over time

Sales
Unit 4-16, each saleTypical one-bed in Peninsula Three
1.4M1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,413,000; 2023 AED 1,490,000; 2024 AED 1,600,000; 2025 AED 1,700,000; 2026 AED 1,765,000Sold by developer, August 2022: AED 1,353,000 (AED 1,946 per sqft)

4-16 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 4-16 sits

All 491 1-beds →

4-16 last sold in August 2022 at AED 1,946 per sqft, 6% below 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. 4-16's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,700,000
3 Nov 2026600,000
27 Oct 20262,000,000
22 Oct 20261,790,000
93 1-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 4th floor

All 846 units in Peninsula Three
Value
4-01StudioAED 990K · Aug 2024
4-021-bedAED 1.18M · Sep 2022
4-03StudioAED 813K · Aug 2022
4-04StudioAED 805K · Aug 2022
4-051-bedAED 1.19M · Aug 2022
4-061-bedAED 1.62M · Oct 2025
4-071-bedAED 1.6M · Jan 2026
1–7 of 19

4-16, Peninsula Three in numbers

  • Sold once: by Select Global Development on 24 August 2022 for AED 1,353,000, or AED 1,946 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 8.1%.
  • 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 9 September 2026.

Questions about 4-16, Peninsula Three

What did unit 4-16 last sell for?

AED 1,353,000 on 24 August 2022, sold by the developer: AED 1,946 per sqft for 695 sqft. It is the only registered sale of the unit.

What is the rent for unit 4-16?

AED 110,000 a year on the contract signed on 9 September 2026.

How big is unit 4-16?

695 sqft (64.6 sqm): a one-bedroom apartment on the 4th floor of a 49-storey tower completed in 2025.

What is unit 4-16 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 4-16, Peninsula Three

Starts from the last sale price (AED 1.35M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,353,000
Deposit, UAE resident (20%)
AED 270,600
Deposit, non-resident (40%)
AED 541,200
Monthly over 25 years at 3.7%
AED 5,536

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