1-bed · 682 sqftPeninsula Three, Business Bay · 48th floor · completed 2025

48-08, Peninsula Three

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

Unit 48-08 · DLD and Ejari recordsUpdated 18 August 2022
Last soldAED 1.53M18 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 48-08, Peninsula Three

What is 48-08 worth today?

Last sold for AED 1,529,000 in 2022

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18 Aug 2022Sold by developerOff-plan
AED 1,529,000AED 2,241 per sqft

Source: Dubai Land Department. Updated 18 August 2022.

Key facts

Type
1-bed apartment
Size
682 sqft
Floor
48th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.53M · August 2022

About 48-08, Peninsula Three

48-08 is a one-bedroom apartment of 682 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 1,529,000, or AED 2,241 per sqft, 8% above the AED 2,073 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 48-08 over time

Sales
Unit 48-08, 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, August 2022: AED 1,529,000 (AED 2,241 per sqft)

48-08 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 48-08 sits

All 491 1-beds →

48-08 last sold in August 2022 at AED 2,241 per sqft, 8% above what one-beds in Peninsula Three were fetching at the time (AED 2,073). 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
48-021-bedAED 2M · Feb 2026
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
1–7 of 17

48-08, Peninsula Three in numbers

  • Sold once: by Select Global Development on 18 August 2022 for AED 1,529,000, or AED 2,241 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 18 August 2022.

Questions about 48-08, Peninsula Three

What did unit 48-08 last sell for?

AED 1,529,000 on 18 August 2022, sold by the developer: AED 2,241 per sqft for 682 sqft. It is the only registered sale of the unit.

How big is unit 48-08?

682 sqft (63.4 sqm): a one-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.

What is unit 48-08 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 48-08, Peninsula Three

Starts from the last sale price (AED 1.53M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,000
Deposit, UAE resident (20%)
AED 305,800
Deposit, non-resident (40%)
AED 611,600
Monthly over 25 years at 3.7%
AED 6,256

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