2-bed · 1,061 sqftPeninsula Three, Business Bay · 40th floor · completed 2025

40-01, Peninsula Three

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

Unit 40-01 · DLD and Ejari recordsUpdated 13 May 2026
Last soldAED 2.24M21 September 2022
Current rentAED 150K /yr13 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-01, Peninsula Three

What is 40-01 worth today?

Last sold for AED 2,242,000 in 2022

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13 May 2026RentedNew contract
AED 150,000/yr12 months · AED 139 per sqft
21 Sep 2022Sold by developerOff-plan
AED 2,242,000AED 2,112 per sqft

Source: Dubai Land Department. Updated 13 May 2026.

Key facts

Type
2-bed apartment
Size
1,061 sqft
Floor
40th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 2.24M · September 2022

About 40-01, Peninsula Three

40-01 is a two-bedroom apartment of 1,061 sqft on the 40th 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 2,242,000, or AED 2,112 per sqft, in line with the AED 2,157 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 May 2026. The current contract, signed on 13 May 2026, is AED 150,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 40-01 over time

Sales
Unit 40-01, each saleTypical two-bed in Peninsula Three
2M2.5M202220242026Typical sale price by year: 2022 AED 2,074,000; 2023 AED 2,193,000; 2024 AED 2,350,000; 2025 AED 2,470,000; 2026 AED 2,730,000Sold by developer, September 2022: AED 2,242,000 (AED 2,112 per sqft)

40-01 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Three, and where 40-01 sits

All 138 2-beds →

40-01 last sold in September 2022 at AED 2,112 per sqft, in line with what two-beds in Peninsula Three were fetching at the time (AED 2,157). 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. 40-01's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,225,000
16 Oct 20262,525,000
26 Aug 20262,450,000
20 Aug 20262,800,000
26 2-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 40th floor

All 846 units in Peninsula Three
Value
40-021-bedAED 1.4M · Oct 2022
40-03StudioAED 1.2M · Mar 2026
40-04StudioAED 936K · Sep 2022
40-051-bedAED 1.75M · Sep 2024
40-061-bedAED 1.51M · Oct 2022
40-071-bedAED 1.51M · Sep 2022
40-081-bedAED 1.59M · May 2024
1–7 of 17

40-01, Peninsula Three in numbers

  • Sold once: by Select Global Development on 21 September 2022 for AED 2,242,000, or AED 2,112 per sqft.
  • Rented since May 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 6.7%.
  • 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 13 May 2026.

Questions about 40-01, Peninsula Three

What did unit 40-01 last sell for?

AED 2,242,000 on 21 September 2022, sold by the developer: AED 2,112 per sqft for 1,061 sqft. It is the only registered sale of the unit.

What is the rent for unit 40-01?

AED 150,000 a year on the contract signed on 13 May 2026.

How big is unit 40-01?

1,061 sqft (98.6 sqm): a two-bedroom apartment on the 40th floor of a 49-storey tower completed in 2025.

What is unit 40-01 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.

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Mortgage on 40-01, Peninsula Three

Starts from the last sale price (AED 2.24M, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,242,000
Deposit, UAE resident (20%)
AED 448,400
Deposit, non-resident (40%)
AED 896,800
Monthly over 25 years at 3.7%
AED 9,173

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