Studio · 427 sqftPeninsula Three, Business Bay · 40th floor · completed 2025

40-03, Peninsula Three

Sold prices and rental history: sold 3 times, last in March 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40-03 · DLD and Ejari recordsUpdated 30 March 2026
Last soldAED 1.2M30 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-03, Peninsula Three

What is 40-03 worth today?

Last sold for AED 1,200,000 in 2026

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30 Mar 2026SoldReady
AED 1,200,000AED 2,810 per sqft
27 May 2025SoldOff-plan
AED 1,180,000AED 2,856 per sqft
2 Sep 2022Sold by developerOff-plan
AED 936,000AED 2,265 per sqft

Source: Dubai Land Department. Updated 30 March 2026.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
40th of 49
Parking
G-117
Developer
Select Global Development
Completed
2025
Last sold
AED 1.2M · March 2026

About 40-03, Peninsula Three

40-03 is a studio of 427 sqft on the 40th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 30 March 2026 for AED 1,200,000, or AED 2,810 per sqft, in line with the AED 2,895 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40-03 over time

Sales
Unit 40-03, each saleTypical studio in Peninsula Three
1M1.2M202220242026Typical 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, September 2022: AED 936,000 (AED 2,265 per sqft)Sold, May 2025: AED 1,180,000 (AED 2,856 per sqft)Sold, March 2026: AED 1,200,000 (AED 2,810 per sqft)

40-03 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 40-03 sits

All 224 studios →

40-03 last sold in March 2026 at AED 2,810 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,895). 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.

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 40th floor

All 846 units in Peninsula Three
Value
40-012-bedAED 2.24M · Sep 2022
40-021-bedAED 1.4M · Oct 2022
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

40-03, Peninsula Three in numbers

  • Sold 3 times: first on 2 September 2022 for AED 936,000, last on 30 March 2026 for AED 1,200,000 (AED 2,810 per sqft).
  • 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 30 March 2026.

Questions about 40-03, Peninsula Three

What did unit 40-03 last sell for?

AED 1,200,000 on 30 March 2026: AED 2,810 per sqft for 427 sqft. The unit has 3 registered sales; the first was AED 936,000 in September 2022.

How big is unit 40-03?

427 sqft (39.7 sqm): a studio on the 40th floor of a 49-storey tower completed in 2025.

What is unit 40-03 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 40-03, Peninsula Three

Starts from the last sale price (AED 1.2M, 30 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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