Studio · 415 sqftPeninsula Three, Business Bay · 7th floor · completed 2025

7-03, Peninsula Three

Sold prices and rental history: sold twice, last in April 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7-03 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.12M8 April 2025
Current rentAED 63K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7-03, Peninsula Three

What is 7-03 worth today?

Last sold for AED 1,120,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
8 Apr 2025SoldOff-plan
AED 1,120,000AED 2,699 per sqft
17 Oct 2022Sold by developerOff-plan
AED 826,000AED 1,991 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
7th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.12M · April 2025

About 7-03, Peninsula Three

7-03 is a studio of 415 sqft on the 7th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 8 April 2025 for AED 1,120,000, or AED 2,699 per sqft, in line with the AED 2,662 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 63,000 a year: a gross yield of 5.6% on the 2025 price.

Sales and rents for 7-03 over time

Sales
Unit 7-03, each saleTypical studio in Peninsula Three
800K1M1.2M202220242026Typical sale price by year: 2022 AED 935,000; 2023 AED 987,500; 2024 AED 1,087,500; 2025 AED 1,175,000; 2026 AED 1,200,000Sold by developer, October 2022: AED 826,000 (AED 1,991 per sqft)Sold, April 2025: AED 1,120,000 (AED 2,699 per sqft)

7-03 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 7-03 sits

All 224 studios →

7-03 last sold in April 2025 at AED 2,699 per sqft, in line with what studios in Peninsula Three were fetching at the time (AED 2,662). 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. 7-03's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Oct 20261,200,000
25 Sep 20261,150,000
23 Sep 20261,200,000
19 Sep 20261,120,000
35 studio 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 7th floor

All 846 units in Peninsula Three
Value
7-01StudioAED 1.05M · Sep 2026
7-021-bedAED 1.24M · Apr 2023
7-04StudioAED 817K · Sep 2022
7-051-bedAED 1.61M · May 2025
7-061-bedAED 1.3M · Sep 2022
7-071-bedAED 1.3M · Sep 2022
7-081-bedAED 1.43M · Apr 2023
1–7 of 19

7-03, Peninsula Three in numbers

  • Sold twice: first on 17 October 2022 for AED 826,000, last on 8 April 2025 for AED 1,120,000 (AED 2,699 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2025 price is 5.6%.
  • 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 1 August 2026.

Questions about 7-03, Peninsula Three

What did unit 7-03 last sell for?

AED 1,120,000 on 8 April 2025: AED 2,699 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 826,000 in October 2022.

What is the rent for unit 7-03?

AED 63,000 a year on the contract signed on 1 August 2026.

How big is unit 7-03?

415 sqft (38.6 sqm): a studio on the 7th floor of a 49-storey tower completed in 2025.

What is unit 7-03 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.

Selling 7-03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 7-03, Peninsula Three

Starts from the last sale price (AED 1.12M, 8 April 2025). 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 →