48-17, Peninsula Three
Sold prices and rental history: sold once, by the developer in October 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 48-17, Peninsula Three
What is 48-17 worth today?
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Source: Dubai Land Department. Updated 21 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 48th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.56M · October 2022
- Building
- Peninsula Three
About 48-17, Peninsula Three
48-17 is a one-bedroom apartment of 669 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 5 October 2022 for AED 1,561,000, or AED 2,333 per sqft, 12% above the AED 2,077 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 21 September 2026. The current contract, signed on 21 September 2026, is AED 100,000 a year: a gross yield of 6.4% on the 2022 price.
Sales and rents for 48-17 over time
48-17 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Peninsula Three, and where 48-17 sits
All 491 1-beds →48-17 last sold in October 2022 at AED 2,333 per sqft, 12% above what one-beds in Peninsula Three were fetching at the time (AED 2,077). 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. 48-17's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 660 sqft | 1,700,000 | 2,577 | ||
| 3 Nov 20263 November 2026 | 342 sqft | 600,000 | 1,752 | ||
| 27 Oct 202627 October 2026 | 676 sqft | 2,000,000 | 2,957 | ||
| 22 Oct 202622 October 2026 | 676 sqft | 1,790,000 | 2,648 |
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 | ||
| 48-04 | Studio | 413 sqft | AED 950KAED 950,000 · Aug 2022August 2022 | 65,000 /yr | |
| 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 | ||
| 48-18 | 2-bed | 931 sqft | AED 2.17MAED 2,166,000 · Sep 2022September 2022 | 190,000 /yr |
48-17, Peninsula Three in numbers
- Sold once: by Select Global Development on 5 October 2022 for AED 1,561,000, or AED 2,333 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 6.4%.
- 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 21 September 2026.
Questions about 48-17, Peninsula Three
What did unit 48-17 last sell for?
AED 1,561,000 on 5 October 2022, sold by the developer: AED 2,333 per sqft for 669 sqft. It is the only registered sale of the unit.
What is the rent for unit 48-17?
AED 100,000 a year on the contract signed on 21 September 2026.
How big is unit 48-17?
669 sqft (62.2 sqm): a one-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.
What is unit 48-17 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 48-17, Peninsula Three
Starts from the last sale price (AED 1.56M, 5 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,561,000
- Deposit, UAE resident (20%)
- AED 312,200
- Deposit, non-resident (40%)
- AED 624,400
- Monthly over 25 years at 3.7%
- AED 6,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →