1-bed · 665 sqftPeninsula Three, Business Bay · 40th floor · completed 2025

40-16, Peninsula Three

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 40-16 · DLD and Ejari recordsUpdated 2 February 2024

Last soldAED 1.54M2 February 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 40-16, Peninsula Three

Today

What is 40-16 worth today?

Last sold for AED 1,540,000 in 2024

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2 Feb 2024

2 Feb 2024SoldOff-plan

AED 1,540,000AED 2,315 per sqft

22 Nov 2022

22 Nov 2022Sold by developerOff-plan

AED 1,506,000AED 2,263 per sqft

Source: Dubai Land Department. Updated 2 February 2024.

Key facts

Type: 1-bed apartment
Size: 665 sqft
Floor: 40th of 49
Parking: 1
Developer: Select Global Development
Completed: 2025
Last sold: AED 1.54M · February 2024
Building: Peninsula Three

About 40-16, Peninsula Three

40-16 is a one-bedroom apartment of 665 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 2 February 2024 for AED 1,540,000, or AED 2,315 per sqft, 4% above the AED 2,226 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40-16 over time

Sales

Unit 40-16, each saleTypical one-bed in Peninsula Three

40-16 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 40-16 sits

All 491 1-beds →

1-beds in Peninsula Three · last 12 months2,582 /sqft Peninsula Three · all types2,662 /sqft

40-16 last sold in February 2024 at AED 2,315 per sqft, 4% above what one-beds in Peninsula Three were fetching at the time (AED 2,226). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 40th floor

All 846 units in Peninsula Three


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
40-08	1-bed	682 sqft	AED 1.59MAED 1,585,000 · May 2024May 2024	130,000 /yr
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
40-17	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

1–7 of 17

40-16, Peninsula Three in numbers

Sold twice: first on 22 November 2022 for AED 1,506,000, last on 2 February 2024 for AED 1,540,000 (AED 2,315 per sqft).
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 2 February 2024.

Questions about 40-16, Peninsula Three

What did unit 40-16 last sell for?

AED 1,540,000 on 2 February 2024: AED 2,315 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 1,506,000 in November 2022.

How big is unit 40-16?

665 sqft (61.8 sqm): a one-bedroom apartment on the 40th floor of a 49-storey tower completed in 2025.

What is unit 40-16 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 40-16, Peninsula Three

Starts from the last sale price (AED 1.54M, 2 February 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,540,000
Deposit, UAE resident (20%): AED 308,000
Deposit, non-resident (40%): AED 616,000
Monthly over 25 years at 3.7%: AED 6,301

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