1-bed · 682 sqftPeninsula Three, Business Bay · 38th floor · completed 2025

38-08, Peninsula Three

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 38-08 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 1.47M21 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 38-08, Peninsula Three

What is 38-08 worth today?

Last sold for AED 1,465,000 in 2022

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21 Sep 2022Sold by developerOff-plan
AED 1,465,000AED 2,147 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
1-bed apartment
Size
682 sqft
Floor
38th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.47M · September 2022

About 38-08, Peninsula Three

38-08 is a one-bedroom apartment of 682 sqft on the 38th floor 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 1,465,000, or AED 2,147 per sqft, 4% above the AED 2,073 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 38-08 over time

Sales
Unit 38-08, each saleTypical one-bed in Peninsula Three
1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,413,000; 2023 AED 1,500,000; 2024 AED 1,600,000; 2025 AED 1,700,000; 2026 AED 1,887,500Sold by developer, September 2022: AED 1,465,000 (AED 2,147 per sqft)

38-08 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 38-08 sits

All 462 1-beds →

38-08 last sold in September 2022 at AED 2,147 per sqft, 4% above what one-beds in Peninsula Three were fetching at the time (AED 2,073). Over the last 12 months one-beds sold for AED 1,600,000 to 2,100,000, around AED 2,609 per sqft, and rent for AED 110,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,850,000
16 Feb 20261,925,000
13 Feb 20261,875,000
3 Feb 20262,000,000
20 1-bed 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. 32 sold in the last 12 months.

Typical price per sqft
AED 2,697 Up 3.1%
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 38th floor

All 842 units in Peninsula Three
Value
38-012-bedAED 2.4M · Oct 2022
38-021-bedAED 1.39M · Sep 2022
38-03StudioAED 932K · Jan 2023
38-04StudioAED 932K · Jan 2023
38-051-bedAED 1.4M · Sep 2022
38-061-bedAED 1.5M · Oct 2022
38-071-bedAED 1.5M · Oct 2022
1–7 of 17

38-08, Peninsula Three in numbers

  • Sold once: by Select Global Development on 21 September 2022 for AED 1,465,000, or AED 2,147 per sqft.
  • One-beds in Peninsula Three sold for AED 1,600,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,697 per sqft.

Source: Dubai Land Department. Updated 21 September 2022.

Questions about 38-08, Peninsula Three

What did unit 38-08 last sell for?

AED 1,465,000 on 21 September 2022, sold by the developer: AED 2,147 per sqft for 682 sqft. It is the only registered sale of the unit.

How big is unit 38-08?

682 sqft (63.4 sqm): a one-bedroom apartment on the 38th floor of a 49-storey tower completed in 2025.

What is unit 38-08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Peninsula Three sold for AED 1,600,000 to 2,100,000 in the last 12 months, around AED 2,609 per sqft.

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Mortgage on 38-08, Peninsula Three

Starts from the last sale price (AED 1.47M, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,465,000
Deposit, UAE resident (20%)
AED 293,000
Deposit, non-resident (40%)
AED 586,000
Monthly over 25 years at 3.7%
AED 5,994

Plus AED 66,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →