40-08, Peninsula Three
Sold prices and rental history: sold twice, last in May 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 40-08, Peninsula Three
What is 40-08 worth today?
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Source: Dubai Land Department. Updated 14 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 682 sqft
- Floor
- 40th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.59M · May 2024
- Building
- Peninsula Three
About 40-08, Peninsula Three
40-08 is a one-bedroom apartment of 682 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 28 May 2024 for AED 1,585,000, or AED 2,323 per sqft, in line with the AED 2,315 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 October 2026. The current contract, signed on 14 October 2026, is AED 130,000 a year: a gross yield of 8.2% on the 2024 price.
Sales and rents for 40-08 over time
40-08 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Three, and where 40-08 sits
All 491 1-beds →40-08 last sold in May 2024 at AED 2,323 per sqft, in line with what one-beds in Peninsula Three were fetching at the time (AED 2,315). 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. 40-08's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 660 sqft | 1,700,000 | 2,577 | ||
| 3 Nov 20263 November 2026 | 342 sqft | 600,000 | 1,752 | ||
| 27 Oct 202627 October 2026 | 676 sqft | 2,000,000 | 2,957 | ||
| 22 Oct 202622 October 2026 | 676 sqft | 1,790,000 | 2,648 |
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 40th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 40-01 | 2-bed | 1,061 sqft | AED 2.24MAED 2,242,000 · Sep 2022September 2022 | 150,000 /yr | |
| 40-02 | 1-bed | 674 sqft | AED 1.4MAED 1,398,000 · Oct 2022October 2022 | ||
| 40-03 | Studio | 427 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | ||
| 40-04 | Studio | 413 sqft | AED 936KAED 936,000 · Sep 2022September 2022 | ||
| 40-05 | 1-bed | 682 sqft | AED 1.75MAED 1,750,000 · Sep 2024September 2024 | 115,000 /yr | |
| 40-06 | 1-bed | 695 sqft | AED 1.51MAED 1,512,000 · Oct 2022October 2022 | ||
| 40-07 | 1-bed | 695 sqft | AED 1.51MAED 1,512,000 · Sep 2022September 2022 | ||
| 40-09 | Studio | 412 sqft | AED 991KAED 991,000 · Oct 2022October 2022 | 73,000 /yr | |
| 40-10 | Studio | 412 sqft | AED 991KAED 991,000 · Oct 2022October 2022 | 75,000 /yr | |
| 40-11 | 2-bed | 1,011 sqft | AED 2.29MAED 2,289,000 · Oct 2022October 2022 | ||
| 40-12 | 2-bed | 925 sqft | AED 2.2MAED 2,200,000 · Apr 2026April 2026 | 135,000 /yr | |
| 40-13 | 1-bed | 646 sqft | AED 1.46MAED 1,461,000 · Sep 2022September 2022 | 105,000 /yr | |
| 40-14 | 1-bed | 823 sqft | AED 1.99MAED 1,990,000 · Jan 2025January 2025 | 90,000 /yr | |
| 40-15 | 1-bed | 823 sqft | AED 1.99MAED 1,990,000 · Jan 2025January 2025 | 105,000 /yr | |
| 40-16 | 1-bed | 665 sqft | AED 1.54MAED 1,540,000 · Feb 2024February 2024 | ||
| 40-17 | 1-bed | 669 sqft | AED 1.51MAED 1,511,000 · Oct 2022October 2022 | 110,000 /yr | |
| 40-18 | 2-bed | 931 sqft | AED 2.1MAED 2,096,000 · Oct 2022October 2022 | 180,000 /yr |
40-08, Peninsula Three in numbers
- Sold twice: first on 1 September 2022 for AED 1,478,000, last on 28 May 2024 for AED 1,585,000 (AED 2,323 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2024 price is 8.2%.
- 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 14 October 2026.
Questions about 40-08, Peninsula Three
What did unit 40-08 last sell for?
AED 1,585,000 on 28 May 2024: AED 2,323 per sqft for 682 sqft. The unit has 2 registered sales; the first was AED 1,478,000 in September 2022.
What is the rent for unit 40-08?
AED 130,000 a year on the contract signed on 14 October 2026.
How big is unit 40-08?
682 sqft (63.4 sqm): a one-bedroom apartment on the 40th floor of a 49-storey tower completed in 2025.
What is unit 40-08 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 40-08, Peninsula Three
Starts from the last sale price (AED 1.59M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,585,000
- Deposit, UAE resident (20%)
- AED 317,000
- Deposit, non-resident (40%)
- AED 634,000
- Monthly over 25 years at 3.7%
- AED 6,485
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →