1-bed · 665 sqftPeninsula Three, Business Bay · 42nd floor · completed 2025

42-16, Peninsula Three

Sold prices and rental history: sold once, by the developer in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 42-16 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 1.58M24 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 42-16, Peninsula Three

What is 42-16 worth today?

Last sold for AED 1,579,000 in 2022

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24 Oct 2022Sold by developerOff-plan
AED 1,579,000AED 2,373 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
42nd of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.58M · October 2022

About 42-16, Peninsula Three

42-16 is a one-bedroom apartment of 665 sqft on the 42nd floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 24 October 2022 for AED 1,579,000, or AED 2,373 per sqft, 13% above the AED 2,100 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 42-16 over time

Sales
Unit 42-16, each saleTypical one-bed in Peninsula Three
1.4M1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,413,000; 2023 AED 1,490,000; 2024 AED 1,600,000; 2025 AED 1,700,000; 2026 AED 1,765,000Sold by developer, October 2022: AED 1,579,000 (AED 2,373 per sqft)

42-16 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 42-16 sits

All 491 1-beds →

42-16 last sold in October 2022 at AED 2,373 per sqft, 13% above what one-beds in Peninsula Three were fetching at the time (AED 2,100). 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 salesUnit no.Price (AED)Summary
4 Nov 20261,700,000
3 Nov 2026600,000
27 Oct 20262,000,000
22 Oct 20261,790,000
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 42nd floor

All 846 units in Peninsula Three
Value
42-012-bedAED 2.35M · Sep 2022
42-021-bedAED 1.81M · Apr 2025
42-03StudioAED 1.04M · Mar 2024
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
1–7 of 17

42-16, Peninsula Three in numbers

  • Sold once: by Select Global Development on 24 October 2022 for AED 1,579,000, or AED 2,373 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 24 October 2022.

Questions about 42-16, Peninsula Three

What did unit 42-16 last sell for?

AED 1,579,000 on 24 October 2022, sold by the developer: AED 2,373 per sqft for 665 sqft. It is the only registered sale of the unit.

How big is unit 42-16?

665 sqft (61.8 sqm): a one-bedroom apartment on the 42nd floor of a 49-storey tower completed in 2025.

What is unit 42-16 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 42-16, Peninsula Three

Starts from the last sale price (AED 1.58M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,579,000
Deposit, UAE resident (20%)
AED 315,800
Deposit, non-resident (40%)
AED 631,600
Monthly over 25 years at 3.7%
AED 6,460

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