48-18, Peninsula Three
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 48-18, Peninsula Three
What is 48-18 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 48th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 2.17M · September 2022
- Building
- Peninsula Three
About 48-18, Peninsula Three
48-18 is a two-bedroom apartment of 931 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 8 September 2022 for AED 2,166,000, or AED 2,326 per sqft, 10% above the AED 2,118 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 March 2026. The current contract, signed on 2 March 2026, is AED 190,000 a year: a gross yield of 8.8% on the 2022 price.
Sales and rents for 48-18 over time
48-18 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Peninsula Three, and where 48-18 sits
All 138 2-beds →48-18 last sold in September 2022 at AED 2,326 per sqft, 10% above what two-beds in Peninsula Three were fetching at the time (AED 2,118). Over the last 12 months two-beds sold for AED 135,000 to 3,400,000, around AED 2,807 per sqft, and rent for AED 100,000 to 250,000 a year. 48-18's AED 190,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 923 sqft | 2,225,000 | 2,410 | ||
| 16 Oct 202616 October 2026 | 945 sqft | 2,525,000 | 2,672 | ||
| 26 Aug 202626 August 2026 | 923 sqft | 2,450,000 | 2,654 | ||
| 20 Aug 202620 August 2026 | 925 sqft | 2,800,000 | 3,027 |
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 | ||
| 48-17 | 1-bed | 669 sqft | AED 1.56MAED 1,561,000 · Oct 2022October 2022 | 100,000 /yr |
48-18, Peninsula Three in numbers
- Sold once: by Select Global Development on 8 September 2022 for AED 2,166,000, or AED 2,326 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2022 price is 8.8%.
- Two-beds in Peninsula Three sold for AED 135,000–3,400,000 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 2 March 2026.
Questions about 48-18, Peninsula Three
What did unit 48-18 last sell for?
AED 2,166,000 on 8 September 2022, sold by the developer: AED 2,326 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 48-18?
AED 190,000 a year on the contract signed on 2 March 2026.
How big is unit 48-18?
931 sqft (86.5 sqm): a two-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.
What is unit 48-18 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Three sold for AED 135,000 to 3,400,000 in the last 12 months, around AED 2,807 per sqft.
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Mortgage on 48-18, Peninsula Three
Starts from the last sale price (AED 2.17M, 8 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,166,000
- Deposit, UAE resident (20%)
- AED 433,200
- Deposit, non-resident (40%)
- AED 866,400
- Monthly over 25 years at 3.7%
- AED 8,862
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →