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BuildingBusiness Bay · Select Global Development · 2025

Peninsula Three

Studios to two-beds in Business Bay. 32 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 March 2026
Typical price per sqftAED 2,697Up 3.1% on the year
Typical saleAED 1.75M32 sales
Typical rentAED 125K /yrAED 201 per sqft
Typical yield7.4%gross, before service charges
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About Peninsula Three

Peninsula Three is a high-rise residential tower within the Peninsula waterfront master development in Business Bay, positioned along the Dubai Canal near Marasi Marina. Conceived as an urban, design-led address, it targets residents seeking a central location with immediate access to Downtown Dubai and the wider city. The 49‑storey building comprises contemporary apartments in studio, one and two‑bedroom layouts, many planned to take in canal, community or skyline views from full-height glazing. As an off‑plan project, published information indicates a handover timeline targeted for Q2 2025. Lifestyle facilities are a core feature of the wider Peninsula community plan. Residents are set to have access to multiple swimming pools, a fully equipped gym and an outdoor yoga deck, alongside landscaped podium areas. The master plan also highlights recreational elements such as jogging and walking tracks, a skate park, a splash pad and courts for basketball, padel and tennis, creating an active, park‑like setting on the waterfront. Retail and dining are envisioned at podium and community level to support day‑to‑day living. Connectivity is one of Business Bay’s advantages. Peninsula Three sits a short drive from Sheikh Zayed Road (E11) and Al Khail Road (E44), with Business Bay Metro Station reachable in a few minutes by car. Local bus stops serve the district, and the tower’s position places it within easy reach of Downtown Dubai’s attractions and commercial hubs. Overall, Peninsula Three offers modern, high‑rise apartments in a central canalfront setting, with an emphasis on fitness, open‑air recreation and proximity to the city’s prime business and lifestyle districts.

849 apartments over 49 floors: 212 studios of 410 to 436 sqft, 462 one-beds of 644 to 823 sqft and 127 two-beds of 931 to 1,061 sqft.

32 apartments sold in the 12 months to March 2026, at a median of AED 2,697 per sqft, up 3.1% on the year before. Most of the trading is in one-beds: 20 of the 32 sales, at AED 1,600,000 to 2,100,000. 26 rental contracts were registered over the same 12 months, at a typical AED 125,000 a year.

Developer
Select Global Development
Completed
2025
Floors
49
Units
849
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Peninsula Three

In Peninsula Three, typical sale prices over the last 12 months were around AED 1,200,000 for studios, AED 1,790,000 for one-beds and AED 2,750,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Peninsula Three

2,5003,000May 2026Nov 20262025-11-12: AED 2,480, 1-bed, 665 sqft2025-11-12: AED 2,588, 1-bed, 695 sqft2025-11-14: AED 2,627, Studio, 436 sqft2025-11-14: AED 2,501, 1-bed, 695 sqft2025-11-14: AED 2,516, 1-bed, 695 sqft2025-11-17: AED 2,701, 1-bed, 657 sqft2025-11-19: AED 2,870, 1-bed, 646 sqft2025-11-20: AED 2,507, 1-bed, 646 sqft2025-11-27: AED 2,892, Studio, 415 sqft2025-11-27: AED 2,582, 1-bed, 649 sqft2025-12-30: AED 2,630, 1-bed, 665 sqft2026-01-12: AED 2,880, 1-bed, 660 sqft2026-01-23: AED 2,478, 1-bed, 827 sqft2026-01-27: AED 2,433, 2-bed, 1,081 sqft2026-01-29: AED 2,336, 1-bed, 685 sqft2026-01-29: AED 2,482, 1-bed, 685 sqft2026-01-29: AED 2,482, 1-bed, 685 sqft2026-02-02: AED 3,101, Studio, 409 sqft2026-02-03: AED 2,992, 1-bed, 650 sqft2026-02-03: AED 2,864, 1-bed, 698 sqft2026-02-03: AED 2,837, 2-bed, 987 sqft2026-02-04: AED 2,660, 2-bed, 1,081 sqft2026-02-05: AED 2,333, Studio, 429 sqft2026-02-05: AED 2,692, Studio, 446 sqft2026-02-05: AED 3,292, 1-bed, 638 sqft2026-02-06: AED 2,919, 2-bed, 925 sqft2026-02-09: AED 3,080, Studio, 427 sqft2026-02-09: AED 3,197, Studio, 429 sqft2026-02-11: AED 2,735, Studio, 431 sqft2026-02-13: AED 2,789, 1-bed, 672 sqft2026-02-16: AED 2,842, 1-bed, 677 sqft2026-02-17: AED 2,846, 1-bed, 650 sqftTrend: AED 2,591 to AED 2,813

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Peninsula Three

  • Completed1-bed · 665 sqft 17 Feb 2026AED 1,850,0002,781 /sqft
  • Completed1-bed · 681 sqft 16 Feb 2026AED 1,925,0002,823 /sqft
  • Completed1-bed · 668 sqft 13 Feb 2026AED 1,875,0002,803 /sqft
  • CompletedStudio · 428 sqftNo unit no. 13 Feb 2026AED 1,150,0002,687 /sqft
  • CompletedStudio · 414 sqft 11 Feb 2026AED 1,180,0002,849 /sqft
  • CompletedStudio · 413 sqft 09 Feb 2026AED 1,315,0003,183 /sqft
  • CompletedStudio · 412 sqft 09 Feb 2026AED 1,370,0003,321 /sqft
  • Completed2-bed · 940 sqft 06 Feb 2026AED 2,700,0002,871 /sqft
  • CompletedStudio · 412 sqft 05 Feb 2026AED 1,000,0002,424 /sqft
  • CompletedStudio · 435 sqft 05 Feb 2026AED 1,200,0002,753 /sqft

Over the last 12 months, Peninsula Three has recorded 32 apartment sales. Typical homes sold for around AED 1.75M (about AED 2,697 per sqft) with a median size of 662 sqft; most were one-beds, from roughly AED 1M to AED 2.88M.

1–10 of 1,158

Units in Peninsula Three

849 units
  • Unit 10-01Studio · 436 sqftSold AED 878K, Sep 2022
  • Unit 10-021-bed · 674 sqftSold AED 1.5M, Jul 2024
  • Unit 10-03Studio · 415 sqftSold AED 838K, Oct 2022
  • Unit 10-04Studio · 411 sqftSold AED 1.03M, Oct 2024
  • Unit 10-051-bed · 682 sqftSold AED 1.23M, Aug 2022
  • Unit 10-061-bed · 695 sqftSold AED 1.7M, Jan 2026
  • Unit 10-071-bed · 695 sqftSold AED 1.7M, Jan 2026
  • Unit 10-081-bed · 681 sqftSold AED 1.29M, Sep 2022
  • Unit 10-09Studio · 410 sqftSold AED 871K, Aug 2022
  • Unit 10-10Studio · 414 sqftSold AED 881K, Sep 2022
1–10 of 849
Every unit in Peninsula Three, by number

By type: studios (212), one-beds (462), two-beds (127).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Peninsula TwoAED 2,657
Peninsula OneAED 2,7847.0%
Ahad ResidencesAED 2,4296.3%
The BurlingtonFew sales
Bugatti ResidencesAED 6,986
1–5 of 169 · nearest first

Peninsula Three in numbers

  • Across 32 DLD sales in the 12 months to March 2026, the median price in Peninsula Three was AED 2,697 per sqft and the typical home sold for about AED 1.75M.
  • Completed in 2025 by Select Global Development; 49 floors of studios to two-beds.
  • One-beds of 644 to 823 sqft sold for AED 1,600,000 to 2,100,000 between November 2025 and February 2026, a median AED 2,609 per sqft.
  • An one-bed of 644 to 823 sqft rents for AED 110,000 to 140,000 a year on the 12 contracts registered in the last 12 months.
  • Gross rental yield 7.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does an one-bed in Peninsula Three cost?

20 one-beds sold in the 12 months to March 2026, for AED 1,600,000 to 2,100,000; the median was AED 1,787,500, or AED 2,609 per sqft.

How much is an one-bed for rent in Peninsula Three?

About AED 135,000 a year: that is the median of the 12 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 110,000 to 140,000.

What is the rental yield in Peninsula Three?

About 7.4% gross across the building, from about 7.6% for one-beds to 6.9% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Peninsula Three gone up?

The median price per sqft rose from about AED 2,616 to AED 2,697 over the 12 months to March 2026, up 3.1%, on 32 sales against 139 the year before.

Who built Peninsula Three and when?

Select Global Development; completed in 2025; 49 floors; 849 apartments.

How many apartments are there in Peninsula Three?

849, studios to two-beds. Each has its own page with its full sales and rental history.

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