2-bed · 931 sqftPeninsula Three, Business Bay · 38th floor · completed 2025

38-18, Peninsula Three

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

Unit 38-18 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 2.35M18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 38-18, Peninsula Three

What is 38-18 worth today?

Last sold for AED 2,350,000 in 2025

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18 Apr 2025SoldOff-plan
AED 2,350,000AED 2,524 per sqft
20 Sep 2022Sold by developerOff-plan
AED 2,078,000AED 2,232 per sqft

Source: Dubai Land Department. Updated 18 April 2025.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
38th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 2.35M · April 2025

About 38-18, Peninsula Three

38-18 is a two-bedroom apartment of 931 sqft on the 38th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 18 April 2025 for AED 2,350,000, or AED 2,524 per sqft, in line with the AED 2,473 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 38-18 over time

Sales
Unit 38-18, each saleTypical two-bed in Peninsula Three
2M2.5M202220242026Typical sale price by year: 2022 AED 2,074,000; 2023 AED 2,193,000; 2024 AED 2,350,000; 2025 AED 2,435,000; 2026 AED 2,750,000Sold by developer, September 2022: AED 2,078,000 (AED 2,232 per sqft)Sold, April 2025: AED 2,350,000 (AED 2,524 per sqft)

38-18 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Three, and where 38-18 sits

All 127 2-beds →

38-18 last sold in April 2025 at AED 2,524 per sqft, in line with what two-beds in Peninsula Three were fetching at the time (AED 2,473). Over the last 12 months two-beds sold for AED 2,630,000 to 2,875,000, around AED 2,749 per sqft, and rent for AED 180,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20262,700,000
4 Feb 20262,875,000
3 Feb 20262,800,000
27 Jan 20262,630,000
4 2-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

38-18, Peninsula Three in numbers

  • Sold twice: first on 20 September 2022 for AED 2,078,000, last on 18 April 2025 for AED 2,350,000 (AED 2,524 per sqft).
  • Two-beds in Peninsula Three sold for AED 2,630,000–2,875,000 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 18 April 2025.

Questions about 38-18, Peninsula Three

What did unit 38-18 last sell for?

AED 2,350,000 on 18 April 2025: AED 2,524 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 2,078,000 in September 2022.

How big is unit 38-18?

931 sqft (86.5 sqm): a two-bedroom apartment on the 38th floor of a 49-storey tower completed in 2025.

What is unit 38-18 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Three sold for AED 2,630,000 to 2,875,000 in the last 12 months, around AED 2,749 per sqft.

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Mortgage on 38-18, Peninsula Three

Starts from the last sale price (AED 2.35M, 18 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →