Studio · 413 sqftPeninsula Three, Business Bay · 42nd floor · completed 2025

42-03, Peninsula Three

Sold prices and rental history: sold twice, last in March 2024, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 42-03 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.04M20 March 2024
Current rentAED 90K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 42-03, Peninsula Three

What is 42-03 worth today?

Last sold for AED 1,037,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2026RentedNew contract
AED 90,000/yr12 months · AED 209 per sqft
20 Mar 2024SoldOff-plan
AED 1,037,000AED 2,510 per sqft
18 Oct 2022Sold by developerOff-plan
AED 977,000AED 2,364 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
42nd of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.04M · March 2024

About 42-03, Peninsula Three

42-03 is a studio of 413 sqft on the 42nd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 20 March 2024 for AED 1,037,000, or AED 2,510 per sqft, in line with the AED 2,449 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 90,000 a year: a gross yield of 8.7% on the 2024 price.

Sales and rents for 42-03 over time

Sales
Unit 42-03, 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, October 2022: AED 977,000 (AED 2,364 per sqft)Sold, March 2024: AED 1,037,000 (AED 2,510 per sqft)

42-03 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 42-03 sits

All 224 studios →

42-03 last sold in March 2024 at AED 2,510 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,449). 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. 42-03's AED 90,000 is in the lower half of that range.

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 42nd floor

All 846 units in Peninsula Three
Value
42-012-bedAED 2.35M · Sep 2022
42-021-bedAED 1.81M · Apr 2025
42-04StudioAED 1.24M · Sep 2025
42-051-bedAED 1.71M · Sep 2024
42-061-bedAED 1.9M · Sep 2026
42-071-bedAED 1.59M · Sep 2022
42-081-bedAED 1.55M · Sep 2022
1–7 of 17

42-03, Peninsula Three in numbers

  • Sold twice: first on 18 October 2022 for AED 977,000, last on 20 March 2024 for AED 1,037,000 (AED 2,510 per sqft).
  • Rented since November 2026 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 8.7%.
  • 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 1 November 2026.

Questions about 42-03, Peninsula Three

What did unit 42-03 last sell for?

AED 1,037,000 on 20 March 2024: AED 2,510 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 977,000 in October 2022.

What is the rent for unit 42-03?

AED 90,000 a year on the contract signed on 1 November 2026.

How big is unit 42-03?

413 sqft (38.4 sqm): a studio on the 42nd floor of a 49-storey tower completed in 2025.

What is unit 42-03 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.

Selling 42-03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 42-03, Peninsula Three

Starts from the last sale price (AED 1.04M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,037,000
Deposit, UAE resident (20%)
AED 207,400
Deposit, non-resident (40%)
AED 414,800
Monthly over 25 years at 3.7%
AED 4,243

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