1-bed · 660 sqftPeninsula Three, Business Bay · 48th floor · completed 2025

48-02, Peninsula Three

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

Unit 48-02 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 2M27 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 48-02, Peninsula Three

What is 48-02 worth today?

Last sold for AED 2,000,000 in 2026

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27 Feb 2026SoldReady
AED 2,000,000AED 3,032 per sqft
8 Jun 2023Sold by developerOff-plan
AED 1,448,000AED 2,149 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
1-bed apartment
Size
660 sqft
Floor
48th of 49
Parking
G-123
Developer
Select Global Development
Completed
2025
Last sold
AED 2M · February 2026

About 48-02, Peninsula Three

48-02 is a one-bedroom apartment of 660 sqft on the 48th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 27 February 2026 for AED 2,000,000, or AED 3,032 per sqft, 20% above the AED 2,530 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 48-02 over time

Sales
Unit 48-02, each saleTypical one-bed in Peninsula Three
1.5M2M202220242026Typical 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, June 2023: AED 1,448,000 (AED 2,149 per sqft)Sold, February 2026: AED 2,000,000 (AED 3,032 per sqft)

48-02 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 48-02 sits

All 491 1-beds →

48-02 last sold in February 2026 at AED 3,032 per sqft, 20% above what one-beds in Peninsula Three were fetching at the time (AED 2,530). 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 48th floor

All 846 units in Peninsula Three
Value
48-012-bedAED 2.32M · Sep 2022
48-03StudioAED 1.21M · Apr 2025
48-04StudioAED 950K · Aug 2022
48-051-bedAED 1.47M · Sep 2022
48-061-bedAED 1.95M · Sep 2026
48-071-bedAED 1.47M · Sep 2022
48-081-bedAED 1.53M · Aug 2022
1–7 of 17

48-02, Peninsula Three in numbers

  • Sold twice: first on 8 June 2023 for AED 1,448,000, last on 27 February 2026 for AED 2,000,000 (AED 3,032 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 27 February 2026.

Questions about 48-02, Peninsula Three

What did unit 48-02 last sell for?

AED 2,000,000 on 27 February 2026: AED 3,032 per sqft for 660 sqft. The unit has 2 registered sales; the first was AED 1,448,000 in June 2023.

How big is unit 48-02?

660 sqft (61.3 sqm): a one-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.

What is unit 48-02 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 48-02, Peninsula Three

Starts from the last sale price (AED 2M, 27 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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