48-04, Peninsula Three
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 48-04, Peninsula Three
What is 48-04 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 48th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 950K · August 2022
- Building
- Peninsula Three
About 48-04, Peninsula Three
48-04 is a studio of 413 sqft on the 48th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 18 August 2022 for AED 950,000, or AED 2,299 per sqft, 5% above the AED 2,192 studios in the building were fetching at the time.
One Ejari contract is registered, from 30 September 2026. The current contract, signed on 30 September 2026, is AED 65,000 a year: a gross yield of 6.8% on the 2022 price.
Sales and rents for 48-04 over time
48-04 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Three, and where 48-04 sits
All 224 studios →48-04 last sold in August 2022 at AED 2,299 per sqft, 5% above what studios in Peninsula Three were fetching at the time (AED 2,192). 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. 48-04's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 422 sqft | 1,200,000 | 2,846 | ||
| 25 Sep 202625 September 2026 | 427 sqft | 1,150,000 | 2,693 | ||
| 23 Sep 202623 September 2026 | 420 sqft | 1,200,000 | 2,857 | ||
| 19 Sep 202619 September 2026 | 446 sqft | 1,120,000 | 2,513 |
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 48th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 48-01 | 2-bed | 1,061 sqft | AED 2.32MAED 2,320,000 · Sep 2022September 2022 | 170,000 /yr | |
| 48-02 | 1-bed | 660 sqft | AED 2MAED 2,000,000 · Feb 2026February 2026 | ||
| 48-03 | Studio | 413 sqft | AED 1.21MAED 1,210,000 · Apr 2025April 2025 | ||
| 48-05 | 1-bed | 682 sqft | AED 1.47MAED 1,467,000 · Sep 2022September 2022 | ||
| 48-06 | 1-bed | 698 sqft | AED 1.95MAED 1,950,000 · Sep 2026September 2026 | ||
| 48-07 | 1-bed | 695 sqft | AED 1.47MAED 1,470,160 · Sep 2022September 2022 | 150,000 /yr | |
| 48-08 | 1-bed | 682 sqft | AED 1.53MAED 1,529,000 · Aug 2022August 2022 | ||
| 48-09 | Studio | 412 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 99,732 /yr | |
| 48-10 | Studio | 412 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 99,732 /yr | |
| 48-11 | 2-bed | 1,011 sqft | AED 2.37MAED 2,365,000 · Dec 2022December 2022 | ||
| 48-12 | 2-bed | 941 sqft | AED 2.11MAED 2,109,940 · Aug 2022August 2022 | ||
| 48-13 | 1-bed | 646 sqft | AED 1.7MAED 1,700,000 · Feb 2025February 2025 | 140,000 /yr | |
| 48-14 | 1-bed | 823 sqft | AED 1.95MAED 1,950,000 · Oct 2022October 2022 | 120,000 /yr | |
| 48-15 | 1-bed | 823 sqft | AED 1.95MAED 1,950,000 · Sep 2022September 2022 | ||
| 48-16 | 1-bed | 665 sqft | AED 1.75MAED 1,750,000 · Jun 2025June 2025 | ||
| 48-17 | 1-bed | 669 sqft | AED 1.56MAED 1,561,000 · Oct 2022October 2022 | 100,000 /yr | |
| 48-18 | 2-bed | 931 sqft | AED 2.17MAED 2,166,000 · Sep 2022September 2022 | 190,000 /yr |
48-04, Peninsula Three in numbers
- Sold once: by Select Global Development on 18 August 2022 for AED 950,000, or AED 2,299 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 6.8%.
- 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 30 September 2026.
Questions about 48-04, Peninsula Three
What did unit 48-04 last sell for?
AED 950,000 on 18 August 2022, sold by the developer: AED 2,299 per sqft for 413 sqft. It is the only registered sale of the unit.
What is the rent for unit 48-04?
AED 65,000 a year on the contract signed on 30 September 2026.
How big is unit 48-04?
413 sqft (38.4 sqm): a studio on the 48th floor of a 49-storey tower completed in 2025.
What is unit 48-04 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.
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Mortgage on 48-04, Peninsula Three
Starts from the last sale price (AED 950K, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →