P3-02, Peninsula Three
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P3-02, Peninsula Three
What is P3-02 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Parking
- 1
- Developer
- Select Global Development
- Completed
- 2025
- Last sold
- AED 774K · September 2022
- Building
- Peninsula Three
About P3-02, Peninsula Three
P3-02 is a studio of 415 sqft of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 21 September 2022 for AED 774,000, or AED 1,866 per sqft, 16% below the AED 2,212 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 65,000 a year: a gross yield of 8.4% on the 2022 price.
Sales and rents for P3-02 over time
P3-02 has sold once; the dashed line is the studio median of each year in the building.
Studios in Peninsula Three, and where P3-02 sits
All 224 studios →P3-02 last sold in September 2022 at AED 1,866 per sqft, 16% below what studios in Peninsula Three were fetching at the time (AED 2,212). 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. P3-02'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%
P3-02, Peninsula Three in numbers
- Sold once: by Select Global Development on 21 September 2022 for AED 774,000, or AED 1,866 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 8.4%.
- 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 October 2026.
Questions about P3-02, Peninsula Three
What did unit P3-02 last sell for?
AED 774,000 on 21 September 2022, sold by the developer: AED 1,866 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit P3-02?
AED 65,000 a year on the contract signed on 1 October 2026.
How big is unit P3-02?
415 sqft (38.6 sqm): a studio of a 49-storey tower completed in 2025.
What is unit P3-02 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 P3-02, Peninsula Three
Starts from the last sale price (AED 774K, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 774,000
- Deposit, UAE resident (20%)
- AED 154,800
- Deposit, non-resident (40%)
- AED 309,600
- Monthly over 25 years at 3.7%
- AED 3,167
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →