Studio · 424 sqftPeninsula Three, Business Bay · 16th floor · completed 2025

16-11, Peninsula Three

Sold prices and rental history: sold twice, last in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 16-11 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 1.1M10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 16-11, Peninsula Three

What is 16-11 worth today?

Last sold for AED 1,100,000 in 2025

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10 Jul 2025SoldOff-plan
AED 1,100,000AED 2,595 per sqft
21 Oct 2022Sold by developerOff-plan
AED 1,012,000AED 2,387 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
16th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.1M · July 2025

About 16-11, Peninsula Three

16-11 is a studio of 424 sqft on the 16th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 10 July 2025 for AED 1,100,000, or AED 2,595 per sqft, 5% below the AED 2,735 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 16-11 over time

Sales
Unit 16-11, each saleTypical studio in Peninsula Three
1M1.2M202220242026Typical sale price by year: 2022 AED 934,920; 2023 AED 987,500; 2024 AED 1,090,000; 2025 AED 1,150,000; 2026 AED 1,235,000Sold by developer, October 2022: AED 1,012,000 (AED 2,387 per sqft)Sold, July 2025: AED 1,100,000 (AED 2,595 per sqft)

16-11 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 16-11 sits

All 212 studios →

16-11 last sold in July 2025 at AED 2,595 per sqft, 5% below what studios in Peninsula Three were fetching at the time (AED 2,735). Over the last 12 months studios sold for AED 1,000,000 to 1,370,000, around AED 2,814 per sqft, and rent for AED 80,000 to 99,732 a year.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 20261,180,000
9 Feb 20261,315,000
9 Feb 20261,370,000
5 Feb 20261,200,000
8 studio sales in the last 12 months

Peninsula Three

Building

842 apartments, studios to 2-bed over 49 floors in Business Bay, completed in 2025 by Select Global Development. 30 sold in the last 12 months.

Typical price per sqft
AED 2,718 Up 4.4%
Typical sale
AED 1.75M
Typical rent
AED 125K /yr
Typical yield
7.4%
Peninsula Three, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 842 units in Peninsula Three
Value
16-01StudioAED 1.05M · Apr 2024
16-021-bedAED 1.73M · Jul 2025
16-03StudioAED 898K · Sep 2022
16-04StudioAED 889K · Oct 2022
16-051-bedAED 1.32M · Dec 2023
16-061-bedAED 1.42M · Oct 2022
16-071-bedAED 1.42M · Oct 2022
1–7 of 19

16-11, Peninsula Three in numbers

  • Sold twice: first on 21 October 2022 for AED 1,012,000, last on 10 July 2025 for AED 1,100,000 (AED 2,595 per sqft).
  • Studios in Peninsula Three sold for AED 1,000,000–1,370,000 in the 12 months to November 2026; the building's median across all types is AED 2,718 per sqft.

Source: Dubai Land Department. Updated 10 July 2025.

Questions about 16-11, Peninsula Three

What did unit 16-11 last sell for?

AED 1,100,000 on 10 July 2025: AED 2,595 per sqft for 424 sqft. The unit has 2 registered sales; the first was AED 1,012,000 in October 2022.

How big is unit 16-11?

424 sqft (39.4 sqm): a studio on the 16th floor of a 49-storey tower completed in 2025.

What is unit 16-11 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 1,370,000 in the last 12 months, around AED 2,814 per sqft.

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Mortgage on 16-11, Peninsula Three

Starts from the last sale price (AED 1.1M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →