1-bed · 674 sqftPeninsula Three, Business Bay · 48th floor · completed 2025

48-02, Peninsula Three

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 48-02

Unit 48-02 · DLD and Ejari recordsUpdated 8 June 2023

Last soldAED 1.45M8 June 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 48-02

Property timeline for 48-02, Peninsula Three

Today

What is 48-02 worth today?

Last sold for AED 1,448,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jun 2023

8 Jun 2023Sold by developerOff-plan

AED 1,448,000AED 2,149 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type: 1-bed apartment
Size: 674 sqft
Floor: 48th of 49
Parking: 1
Developer: Select Global Development
Completed: 2025
Last sold: AED 1.45M · June 2023
Building: Peninsula Three

About 48-02, Peninsula Three

48-02 is a one-bedroom apartment of 674 sqft on the 48th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 8 June 2023 for AED 1,448,000, or AED 2,149 per sqft, in line with the AED 2,101 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 48-02 over time

Sales

Unit 48-02, each saleTypical one-bed in Peninsula Three

48-02 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Peninsula Three, and where 48-02 sits

All 462 1-beds →

1-beds in Peninsula Three · last 12 months2,609 /sqft Peninsula Three · all types2,697 /sqft

48-02 last sold in June 2023 at AED 2,149 per sqft, in line with what one-beds in Peninsula Three were fetching at the time (AED 2,101). 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 sales	Size	Price (AED)	Per sqft
17 Feb 202617 February 2026	650 sqft	1,850,000	2,846
16 Feb 202616 February 2026	677 sqft	1,925,000	2,842
13 Feb 202613 February 2026	672 sqft	1,875,000	2,789
3 Feb 20263 February 2026	698 sqft	2,000,000	2,864

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 48th floor

All 842 units in Peninsula Three


48-01	2-bed	1,061 sqft	AED 2.32MAED 2,320,000 · Sep 2022September 2022
48-03	Studio	413 sqft	AED 1.21MAED 1,210,000 · Apr 2025April 2025
48-04	Studio	413 sqft	AED 950KAED 950,000 · Aug 2022August 2022
48-05	1-bed	682 sqft	AED 1.47MAED 1,467,000 · Sep 2022September 2022
48-06	1-bed	695 sqft	AED 1.56MAED 1,564,000 · Sep 2022September 2022
48-07	1-bed	695 sqft	AED 1.47MAED 1,470,160 · Sep 2022September 2022
48-08	1-bed	682 sqft	AED 1.53MAED 1,529,000 · Aug 2022August 2022
48-09	Studio	412 sqft	AED 1.2MAED 1,200,000 · Apr 2025April 2025	99,732 /yr
48-10	Studio	412 sqft	AED 1.2MAED 1,200,000 · Apr 2025April 2025	99,732 /yr
48-11	2-bed	1,011 sqft	AED 2.37MAED 2,365,000 · Dec 2022December 2022
48-12	2-bed	941 sqft	AED 2.11MAED 2,109,940 · Aug 2022August 2022
48-13	1-bed	646 sqft	AED 1.7MAED 1,700,000 · Feb 2025February 2025
48-14	1-bed	823 sqft	AED 1.95MAED 1,950,000 · Oct 2022October 2022
48-15	1-bed	823 sqft	AED 1.95MAED 1,950,000 · Sep 2022September 2022
48-16	1-bed	665 sqft	AED 1.75MAED 1,750,000 · Jun 2025June 2025
48-17	1-bed	669 sqft	AED 1.56MAED 1,561,000 · Oct 2022October 2022
48-18	2-bed	931 sqft	AED 2.17MAED 2,166,000 · Sep 2022September 2022

1–7 of 17

48-02, Peninsula Three in numbers

Sold once: by Select Global Development on 8 June 2023 for AED 1,448,000, or AED 2,149 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 8 June 2023.

Questions about 48-02, Peninsula Three

What did unit 48-02 last sell for?

AED 1,448,000 on 8 June 2023, sold by the developer: AED 2,149 per sqft for 674 sqft. It is the only registered sale of the unit.

How big is unit 48-02?

674 sqft (62.6 sqm): a one-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.

What is unit 48-02 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.

Selling 48-02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 48-02, Peninsula Three

Starts from the last sale price (AED 1.45M, 8 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,448,000
Deposit, UAE resident (20%): AED 289,600
Deposit, non-resident (40%): AED 579,200
Monthly over 25 years at 3.7%: AED 5,924

Plus AED 65,826 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →