49-04, Peninsula Three
Sold prices and rental history: sold twice, last in May 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 49-04, Peninsula Three
What is 49-04 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 49th of 49
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 1.12M · May 2024
- Building
- Peninsula Three
About 49-04, Peninsula Three
49-04 is a studio of 413 sqft on the 49th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 16 May 2024 for AED 1,120,000, or AED 2,711 per sqft, 10% above the AED 2,456 studios in the building were fetching at the time.
One Ejari contract is registered, from 7 July 2026. The current contract, signed on 7 July 2026, is AED 65,000 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 49-04 over time
49-04 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Peninsula Three, and where 49-04 sits
All 224 studios →49-04 last sold in May 2024 at AED 2,711 per sqft, 10% above what studios in Peninsula Three were fetching at the time (AED 2,456). 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. 49-04'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 49th floor
All 846 units in Peninsula Three| ValueToday's value | |||||
|---|---|---|---|---|---|
| 49-01 | 2-bed | 1,059 sqft | AED 2.33MAED 2,327,000 · Oct 2022October 2022 | 180,000 /yr | |
| 49-02 | 1-bed | 674 sqft | AED 1.52MAED 1,515,000 · Sep 2022September 2022 | 130,000 /yr | |
| 49-03 | Studio | 413 sqft | AED 961KAED 961,000 · Oct 2022October 2022 | 80,000 /yr | |
| 49-05 | 1-bed | 677 sqft | AED 1.93MAED 1,925,000 · Feb 2026February 2026 | ||
| 49-06 | 1-bed | 650 sqft | AED 1.62MAED 1,620,000 · Aug 2026August 2026 | ||
| 49-07 | 1-bed | 669 sqft | AED 1.57MAED 1,567,000 · Sep 2022September 2022 | ||
| 49-08 | 2-bed | 931 sqft | AED 2.5MAED 2,500,000 · Sep 2025September 2025 | ||
| 49-09 | Studio | 422 sqft | AED 1.15MAED 1,150,000 · Feb 2026February 2026 | ||
| 49-10 | Studio | 429 sqft | AED 1.15MAED 1,150,000 · Feb 2026February 2026 | ||
| 49-11 | 2-bed | 987 sqft | AED 3.2MAED 3,199,000 · Aug 2026August 2026 | ||
| 49-12 | 2-bed | 926 sqft | AED 2.84MAED 2,844,000 · Feb 2026February 2026 |
49-04, Peninsula Three in numbers
- Sold twice: first on 17 August 2022 for AED 961,000, last on 16 May 2024 for AED 1,120,000 (AED 2,711 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 5.8%.
- 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 7 July 2026.
Questions about 49-04, Peninsula Three
What did unit 49-04 last sell for?
AED 1,120,000 on 16 May 2024: AED 2,711 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 961,000 in August 2022.
What is the rent for unit 49-04?
AED 65,000 a year on the contract signed on 7 July 2026.
How big is unit 49-04?
413 sqft (38.4 sqm): a studio on the 49th floor of a 49-storey tower completed in 2025.
What is unit 49-04 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 49-04, Peninsula Three
Starts from the last sale price (AED 1.12M, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,120,000
- Deposit, UAE resident (20%)
- AED 224,000
- Deposit, non-resident (40%)
- AED 448,000
- Monthly over 25 years at 3.7%
- AED 4,582
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →